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ImmunityBio, Inc. IBRX Change in fair value of derivative liabilities

Change in fair value of derivative liabilities at other companies

TeraWulf logo
TeraWulfWULF
-$5.15M
Roivant Sciences logo
Roivant SciencesROIV
-$95.41M-649%
Hims & Hers Health logo
Hims & Hers HealthHIMS
-$17.65M
Hims & Hers Health logo
Hims & Hers HealthHIMS
$17.65M
TeraWulf logo
TeraWulfWULF
-$5.15M
Corebridge Financial logo
Corebridge FinancialCRBG

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 ibrx:ChangeInFairValueOfDerivativeLiabilities.

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 change in fair value of derivative liabilities?
ImmunityBio, Inc. (IBRX) reported change in fair value of derivative liabilities of -$1.11M in Q1 2026.
How has ImmunityBio, Inc.'s change in fair value of derivative liabilities changed year-over-year?
ImmunityBio, Inc.'s change in fair value of derivative liabilities increased by 80.1% year-over-year, from -$5.58M to -$1.11M.
What does change in fair value of derivative liabilities mean?
Non-cash gains or losses resulting from changes in the market value of derivative liabilities.
How do you interpret change in fair value of derivative liabilities?
Positive adjustments (gains) reduce net loss, while negative adjustments (losses) increase it, reflecting market-driven valuation shifts rather than operational performance.
How does change in fair value of derivative liabilities compare across companies?
Common for companies with complex capital structures or warrants issued as part of financing rounds.