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ImmunityBio, Inc. IBRX Enterprise value

Enterprise value at other companies

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Bristol-Myers SquibbBMY
$158.92B-2.6%
Johnson & Johnson logo
Johnson & JohnsonJNJ
$622.06B+50.5%
Merck & Co. logo
Merck & Co.MRK
$341.11B+34.2%
Gilead Sciences logo
Gilead SciencesGILD
$187.53B+19.7%
Summit Therapeutics logo
Summit TherapeuticsSMMT
$14.71B+3.4%
Incyte logo
IncyteINCY
$15.31B+55.9%

Other financials

Income statement

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Revenue$44.2M+168%
Gross profit$44.0M+167%
Operating income-$69.8M-8.3%
Net income-$632.8M-388%
EPS (diluted)-$0.62-313%

Balance sheet

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Cash & equivalents$205.2M+238%
Total debt$445.4M+32.2%
Total equity-$870.0M-47.1%
Total assets$646.6M+113%

Cash flow

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Operating cash flow-$75.4M+12.3%
CapEx$1.8M+58.4%
Free cash flow-$77.1M+11.4%

Valuation

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Market cap$7.71B+208%
P/S54.7×-25.4×

Profitability

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Gross margin99.3%-0.5pp
Operating margin-185.4%-83.3pp
Net margin-606.2%-212pp
FCF margin-212%-95.8pp

Returns & leverage

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Return on equity-119.3%
Debt / equity0.1×
Current ratio6.7×+4.4×

Where this comes from

Calculated from ImmunityBio, Inc.’s reported figures.

The official record: ImmunityBio, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ImmunityBio, Inc.'s enterprise value?
ImmunityBio, Inc. (IBRX) reported enterprise value of $8.16B in Q1 2026.
How has ImmunityBio, Inc.'s enterprise value changed year-over-year?
ImmunityBio, Inc.'s enterprise value increased by 186.9% year-over-year, from $2.85B to $8.16B.
What is the long-term trend for ImmunityBio, Inc.'s enterprise value?
Over 5 years (2020 to 2025), ImmunityBio, Inc.'s enterprise value has grown at a -15.2% compound annual growth rate (CAGR), from $5.08B to $2.23B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.