What is ImmunityBio, Inc.'s pre-tax income?

ImmunityBio, Inc. (IBRX) reported pre-tax income of -$632.79M in Q1 2026.

How has ImmunityBio, Inc.'s pre-tax income changed year-over-year?

ImmunityBio, Inc.'s pre-tax income decreased by 387.1% year-over-year, from -$129.9M to -$632.79M.

What is the long-term trend for ImmunityBio, Inc.'s pre-tax income?

Over 4 years (2021 to 2025), ImmunityBio, Inc.'s pre-tax income has grown at a 0.1% compound annual growth rate (CAGR), from -$349.84M to -$351.61M.

What does pre-tax income mean?

Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

ImmunityBio, Inc. IBRX Pre-Tax Income

Pre-Tax Income at other companies

Bristol-Myers SquibbBMY

$3.24B+9.1%

Johnson & JohnsonJNJ

$5.99B-56.1%

Merck & Co.MRK

-$3.53B-160%

Gilead SciencesGILD

$2.58B+56.5%

Immunovant, Inc.IMVT

-$150.7M-42.3%

Protagonist TherapeuticsPTGX

$2.28M+120%

Segments

By segment

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Reportable Segment-$632.79M-387%

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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 pre-tax income?: ImmunityBio, Inc. (IBRX) reported pre-tax income of -$632.79M in Q1 2026.
How has ImmunityBio, Inc.'s pre-tax income changed year-over-year?: ImmunityBio, Inc.'s pre-tax income decreased by 387.1% year-over-year, from -$129.9M to -$632.79M.
What is the long-term trend for ImmunityBio, Inc.'s pre-tax income?: Over 4 years (2021 to 2025), ImmunityBio, Inc.'s pre-tax income has grown at a 0.1% compound annual growth rate (CAGR), from -$349.84M to -$351.61M.
What does pre-tax income mean?: Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.