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ImmunityBio, Inc. IBRX Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin99.3%-0.5pp99.3%-0.7pp99.6%-0.4pp99.7%-0.3pp99.8%-0.2pp
Operating margin-185.4%+818pp-226%+2,108pp-315.8%+4,596pp-504.2%+27,023pp-1,003.8%+113,521pp
Net margin-606.2%+704pp-310.2%+2,495pp-422.3%+7,595pp-648.6%+45,043pp-1,310.3%+197,684pp
EBITDA margin-174%+776pp-212.3%+2,003pp-296.7%+4,370pp-475.4%+25,667pp-949.9%+107,487pp
Free cash flow margin-212%+995pp-272.6%+2,427pp-393.4%+5,527pp-630.1%+31,909pp-1,207.2%+135,497pp
Returns
Return on assets-179.8%-63.7pp-79.4%+13.8pp-78.9%+68.6pp-86.7%+75.8pp-116.1%+45.4pp
Efficiency
Asset turnover0.3×+0.2×0.3×+0.2×0.2×+0.2×0.1×+0.1×0.1×+0.1×
Liquidity
Current ratio6.7×+4.4×5.1×+1.7×5.8×+3.1×4.1×+0.2×2.2×-1.4×
Quick ratio6.4×+4.3×4.9×+1.5×5.6×+3.0×+0.1×-1.6×
Cash ratio+1.8×1.4×-1.2×1.1×-0.8×2.7×+0.6×1.2×-1.2×
Leverage
Debt-to-assets0.7×-0.4×0.7×-0.1×0.7×-0.2×0.8×+0.1×1.1×+0.6×
Interest coverage-5×+1.9×-5×+3.7×-5.1×+0.8×-5.8×-1.5×-6.9×-3.7×
Per Share
Book value per share-$0.85-22.2%-$0.54+22.1%-$0.55+48.1%-$0.64+36.8%-$0.69+32.6%
Valuation
Market capitalization$7.92B+208%$1.95B+4.3%$2.33B-9.0%$2.46B-43.3%$2.57B-28.9%
Enterprise value$8.16B+187%$2.23B+8.5%$2.62B-5.0%$2.63B-41.7%$2.85B-22.9%
Price / sales56.2×-26.1×17.2×-110×28.2×-320×43.5×-3,276×82.3×-11,882×
EV / sales57.9×-33.2×19.7×-120×31.8×-345×46.5×-3,407×91.1×-12,120×
Free cash flow yield-3.8%+10.9pp-15.8%+5.5pp-14%+3.0pp-14.5%-4.7pp-14.7%-3.2pp
Earnings yield-10.8%+5.1pp-18%+4.1pp-15%+8.0pp-14.9%-1.1pp-15.9%+0.7pp

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Questions, answered.

What are ImmunityBio, Inc.'s profit margins?
ImmunityBio, Inc. (IBRX) runs a 99.3% gross margin and a -185.4% operating margin, with a -606.2% net margin.
Where do ImmunityBio, Inc.'s ratios come from?
Every ratio is computed from ImmunityBio, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.