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ImmunityBio, Inc. IBRX Segment Reporting — Loss on equity method investment

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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:IncomeLossFromEquityMethodInvestments.

The source filing: ImmunityBio, Inc.’s 10-K, filed February 23, 2026.

Filed
Feb 23, 2026, 5:24 PM EST
Fiscal year
FY2025
Accession
0001326110-26-000030
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Change in fair value of warrant liabilities49,08919,955(47,600)
Change in fair value of related-party convertible note(42,773)43,472(36,203)
Change in fair value of derivative liabilities6,39813,477
Loss on equity method investment(7,549)
Other expense, net(2,174)(15)(2,223)
Total other expense, net(95,580)(69,463)(221,642)
Loss before income taxes and noncontrolling interests(351,607)(413,645)(583,892)
Income tax benefit13540

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

FAQ

What is ImmunityBio, Inc.'s segment reporting — loss on equity method investment?
ImmunityBio, Inc. (IBRX) reported segment reporting — loss on equity method investment of $0 in Q4 2025.
What is the long-term trend for ImmunityBio, Inc.'s segment reporting — loss on equity method investment?
Over 2 years (2023 to 2025), ImmunityBio, Inc.'s segment reporting — loss on equity method investment has grown at a -100.0% compound annual growth rate (CAGR), from -$7.55M to $0.
What does segment reporting — loss on equity method investment mean?
This metric captures the company's share of losses from investments in entities where it exercises significant influence but does not have full control. It reflects the financial performance of joint ventures or minority stakes held by the business segment. Investors monitor this to assess the health of strategic partnerships and the potential for future equity-based losses.

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