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Immunovant, Inc. IMVT Business Segments — R&D

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Other financials

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

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Market cap$8.21B+201%
Enterprise value$7.31B+89.7%

Returns & leverage

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

Where this comes from

Reported directly by Immunovant, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

The source filing: Immunovant, Inc.’s 10-K, filed May 20, 2026.

Filed
May 20, 2026, 7:28 AM EDT
Fiscal year
FY2026
Accession
0001764013-26-000064
Line itemYears Ended March 31, 2026Years Ended March 31, 2025Years Ended March 31, 2024
Other clinical and nonclinical3,3679,32739,811
Other unallocated research and development43,85644,26424,562
Contractual costs related to batoclimab program discontinuation38,952
Personnel-related research and development (1)128,534111,49974,290
Acquired in-process research and development12,500
Personnel-related general and administrative (2)48,73041,09534,684
Other general and administrative (3)27,51236,14022,597
Interest income, net(25,330)(24,732)(24,948)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Immunovant, Inc.'s business segments — R&D?
Immunovant, Inc. (IMVT) reported business segments — R&D of $29.22M in Q1 2026.
How has Immunovant, Inc.'s business segments — R&D changed year-over-year?
Immunovant, Inc.'s business segments — R&D decreased by 6.2% year-over-year, from $31.15M to $29.22M.
What is the long-term trend for Immunovant, Inc.'s business segments — R&D?
Over 3 years (2023 to 2026), Immunovant, Inc.'s business segments — R&D has grown at a 35.1% compound annual growth rate (CAGR), from $52.1M to $128.53M.
What does business segments — R&D mean?
Represents the total costs incurred by the business segment for scientific research and the development of new pharmaceutical products or therapies. This metric captures the investment in clinical trials, laboratory testing, and regulatory activities necessary to bring pipeline assets to market. It is a primary indicator of the company's commitment to innovation and long-term product pipeline growth.

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