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ImmunityBio, Inc. IBRX Reportable Segment — Income Tax Expense (Benefit)

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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%
Enterprise value$7.95B+187%
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

Reported directly by ImmunityBio, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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 reportable segment — income tax expense (benefit)?
ImmunityBio, Inc. (IBRX) reported reportable segment — income tax expense (benefit) of $9K in Q1 2026.
How has ImmunityBio, Inc.'s reportable segment — income tax expense (benefit) changed year-over-year?
ImmunityBio, Inc.'s reportable segment — income tax expense (benefit) increased by 103.8% year-over-year, from -$234K to $9K.
What is the long-term trend for ImmunityBio, Inc.'s reportable segment — income tax expense (benefit)?
Over 2 years (2023 to 2025), ImmunityBio, Inc.'s reportable segment — income tax expense (benefit) has grown at a 83.7% compound annual growth rate (CAGR), from -$40K to -$135K.
What does reportable segment — income tax expense (benefit) mean?
This metric reflects the income tax expense or benefit specifically allocated to a reportable business segment. It captures the tax implications of the segment's financial results based on the company's internal tax allocation policies or jurisdictional tax requirements. Understanding this helps investors isolate the tax burden associated with specific business activities versus the consolidated corporate tax rate.