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Immunovant, Inc.

IMVT

Immunovant is a clinical-stage biotechnology company focused on developing innovative therapies for autoimmune diseases driven by pathogenic immunoglobulin G (IgG) antibodies.

Market cap
$8.44B+182%
Net income-$505.6M-22.2%
Free cash flow-$407.3M-8.2%
EPS (diluted)-$2.78-1.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 10, 2026 (In 4 weeks)
EPS estimate-$0.66

Financials

Q4 2026

Income statement

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Net income-$147.9M-38.9%
EPS (diluted)-$0.73-15.9%

Balance sheet

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Cash & equivalents$902.1M+26.4%
Total debt$72.0K-26.5%
Total equity$852.6M+20.5%
Total assets$957.0M+23.3%

Cash flow

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Operating cash flow-$95.1M+14.1%
CapEx$8.0K-96.0%
Free cash flow-$95.1M+14.2%

Valuation & ratios

Valuation

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Market cap$8.44B+182%
Enterprise value$7.53B+89.7%

Returns & leverage

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Return on equity-64.8%+2.5pp
Debt / equity0.0×
Current ratio9.1×-2.1×

Competitors

Profile

Immunovant is a clinical-stage biotechnology company focused on developing innovative therapies for autoimmune diseases driven by pathogenic immunoglobulin G (IgG) antibodies. The company's core value proposition centers on its neonatal fragment crystallizable receptor (FcRn) inhibitors, which are designed to reduce harmful antibody levels while maintaining a favorable safety profile. Their lead candidate aims to provide best-in-class efficacy through deep IgG reduction and convenient subcutaneous self-administration.

Competitive position

Immunovant is a clinical-stage developer positioning its lead candidate as a potential best-in-class FcRn inhibitor with superior IgG reduction and safety compared to existing competitors.

GeographiesUnited States, Europe
Customer segmentsPatients with autoimmune diseases, Specialty pharmacies, Hospitals
Business modelR&D intensive, Clinical-stage drug development
SuppliersContract research organizations (CROs), Contract manufacturing organizations (CMOs), Specialized medical device manufacturers, Monoclonal antibody research partners
CustomersSpecialty distributors, Hospitals, Patients with autoimmune disorders
Listed2019
Employees207.0
CEOEric Venker
FilingsSEC EDGAR

Questions, answered.

What is Immunovant, Inc.'s market cap?
Immunovant, Inc. (IMVT) has a market capitalization of $8.4B and trades on NASDAQ.
Who are Immunovant, Inc.'s competitors?
Immunovant, Inc.'s key competitors include Argenx SE, UCB S.A., Johnson & Johnson, and others. These companies compete in similar markets and product categories.
Who does Immunovant, Inc. partner with?
Immunovant, Inc.'s notable partners include Ypsomed AG, HanAll Biopharma, Roivant Sciences.
Where is Immunovant, Inc. headquartered?
Immunovant, Inc. is headquartered in United States of America and employs approximately 207 people. It has been publicly traded since 2019.