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Nasdaq · Healthcare

Xeris Biopharma Holdings, Inc. (XERS)

As-reported financials and SEC filings for Xeris Biopharma Holdings, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Xeris Biopharma Holdings, Inc.

Xeris Biopharma Holdings, Inc. is a biopharmaceutical company that develops and commercializes therapies for chronic endocrine and neurological diseases in the United States. Its main products include Recorlev for treating Cushing’s syndrome, Gvoke for severe hypoglycemia in diabetes patients, and Keveyis for Primary Periodic Paralysis. The company also develops pipeline products like XP-8121, a once-weekly injectable levothyroxine for hypothyroidism, and offers formulation technologies for drug delivery partnerships.

Snapshot

Revenue
$291.8M
Revenue growth (YoY)
43.7%
Net income
$554,000
Diluted EPS
$0.00
Gross margin
Operating margin
8.5%
Net margin
0.2%
FCF margin
ROE
4.0%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$1.54B
Long-term debt / equity
16.10×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Xeris Biopharma Holdings

  • Revenue grew 43.7% to $292M in FY2025, faster than the 23.9% the year before.
  • Operating margin turned positive at 8.5% in FY2025, from a 232.2% operating loss in FY2021.
  • Most recent quarter Q2 FY2026: revenue $92M, up 28.7% from Q2 FY2025.
  • Net income turned positive at $554000 in FY2025, from a $55M loss in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Xeris Biopharma Holdings’s fundamentals sit among the 198 pharmaceutical companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin8.5%
61st percentile of 113
Net margin0.2%
51st percentile of 122
Revenue growth (YoY)+43.7%
70th percentile of 187
ROE4.0%
70th percentile of 167
Long-term debt / equity16.10×
98th percentile of 64
Short interest4.44d
36th percentile of 197

Xeris Biopharma Holdings’s long-term debt to equity of 16.10 ranks in the 98th percentile of the 64 pharmaceutical companies reporting it.

No reported insider purchases (code P) in the last 90 days; 13 insider sales totaling $2.2M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$96.8M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$61.8M7.8MAdded
Two Sigma InvestmentsquantQ2 2026$14.9M1.9MReduced
AQR Capital ManagementquantQ2 2026$12.2M1.5MAdded
Citadel AdvisorsquantQ2 2026$5.3M664.6KReduced
Millennium ManagementquantQ2 2026$1.0M131.7KReduced
Gotham Asset ManagementQ2 2026$981,399123.9KAdded
Renaissance TechnologiesquantQ2 2026$533,30867.3KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
13
$2.2M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-09-01
Hecht BethSee RemarksSell16.7K$8.49$141K
2026-09-01
McCulloch KevinSee RemarksSell15.0K$8.49$127K
2026-09-01
Pieper StevenSee RemarksSell5.0K$8.50$43K
2026-08-12
Pieper StevenSee RemarksSell5.0K$8.50$43K
2026-08-03
filed 2026-08-04
Hecht BethSee RemarksSell16.7K$8.01$134K
2026-08-03
filed 2026-08-04
McCulloch KevinSee RemarksSell15.0K$8.02$120K
2026-07-07
Pieper StevenSee RemarksSell27.6K$8.52$235K
2026-07-06
filed 2026-07-07
Pieper StevenSee RemarksSell17.4K$8.50$148K
2026-07-01
filed 2026-07-02
McCulloch KevinSee RemarksSell90.0K$8.03$723K
2026-07-01
filed 2026-07-02
Hecht BethSee RemarksSell16.7K$8.03$134K
2026-06-04
filed 2026-06-05
HALKUFF DAWNDirectorSell20.0K$6.09$122K
2026-06-04
filed 2026-06-05
BORMANN-KENNEDY BARBARA-JEAN ANNEDirectorSell16.0K$6.09$98K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
8.7M
settled 2026-08-14
Change vs prior
-5.3%
vs previous settlement
Days to cover
4.44
at avg daily volume
Avg daily volume
2.0M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-148.7M-5.3%4.44
2026-07-319.2M-8.5%6.75
2026-07-1510.1M-21.0%4.38
2026-06-3012.8M-0.4%5.44
2026-06-1512.8M+2.4%7.33
2026-05-2912.5M+1.2%9.42
2026-05-1512.4M-22.2%5.80
2026-04-3015.9M+1.0%12.68

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$291.8M$203.1M$163.9M$110.2M$49.6M
Gross profit
Operating income$24.9M$-33.6M$-44.0M$-81.9M$-115.2M
Net income$554,000$-54.8M$-62.3M$-94.7M$-122.7M
Diluted EPS$0.00$-0.37$-0.45$-0.70$-1.55

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$28.6M$-37.0M$-47.0M$-102.9M$-95.5M
Capital expenditure$1.1M
Free cash flow$-96.6M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$92.1M28.7%$-31.1M$-0.18
Q1 FY2026$83.1M38.3%$2.2M$0.01
Q4 FY2025$85.8M42.8%$11.1M$0.05
Q3 FY2025$74.4M37.1%$621,000$0.00
Q2 FY2025$71.5M48.8%$-1.9M$-0.01
Q1 FY2025$60.1M47.9%$-9.2M$-0.06
Q4 FY2024$60.1M35.4%$-5.1M$-0.03
Q3 FY2024$54.3M12.3%$-15.7M$-0.11

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorHealthcare
SIC industryPharmaceutical Preparations
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2021
SEC CIK1867096

Selected SEC filings

10-K2026-03-02
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-07-17
View on EDGAR →
8-K2026-06-30
View on EDGAR →
8-K2026-06-11
View on EDGAR →

Largest pharmaceutical peers

All pharmaceutical stocksAll Healthcare companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.