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ImmunityBio, Inc. IBRX Reportable Segment — Operating Income (Loss)

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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$7.68B+242%
Enterprise value$7.92B+227%
P/S54.5×+14.8×

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:OperatingIncomeLoss.

The source filing: ImmunityBio, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 7:37 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001326110-26-000059
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Total research and development expense (including amounts with related parties)67,98948,234
Selling, general and administrative (including amounts with related parties)45,77032,654
Total operating expenses113,75980,888
Loss from operations(69,791)(64,429)
Other income (expense), net
Interest and investment income, net2,314887
Change in fair value of warrant liabilities(295,413)(448)
Change in fair value of related-party convertible note(236,625)(42,582)

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is ImmunityBio, Inc.'s reportable segment — operating income (loss)?
ImmunityBio, Inc. (IBRX) reported reportable segment — operating income (loss) of -$69.79M in Q1 2026.
How has ImmunityBio, Inc.'s reportable segment — operating income (loss) changed year-over-year?
ImmunityBio, Inc.'s reportable segment — operating income (loss) decreased by 8.3% year-over-year, from -$64.43M to -$69.79M.
What is the long-term trend for ImmunityBio, Inc.'s reportable segment — operating income (loss)?
Over 2 years (2023 to 2025), ImmunityBio, Inc.'s reportable segment — operating income (loss) has grown at a -15.9% compound annual growth rate (CAGR), from -$362.25M to -$256.03M.
What does reportable segment — operating income (loss) mean?
Measures the profitability or loss generated by a specific business segment after accounting for operating expenses. For clinical-stage companies, this typically reflects the net resource consumption of a specific therapeutic platform or business unit.

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