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Other financials

Income statement

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Revenue$99.3M+65.7%
Gross profit$55.7M+403%
Operating income-$51.9M+54.4%
Net income-$47.3M+57.6%
EPS (diluted)-$0.11+66.7%

Balance sheet

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Cash & equivalents$110.8M-16.4%
Total debt$46.0M-11.8%
Total equity$736.0M+5.4%
Total assets$915.5M+0.9%

Cash flow

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Operating cash flow-$60.8M+9.8%
CapEx$5.4M-27.1%
Free cash flow-$66.3M+11.5%

Valuation

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Market cap$2.77B+222%
Enterprise value$2.71B+247%
P/S8.5×+5.0×

Profitability

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Gross margin48.4%+15.0pp
Operating margin-92.7%-29.0pp
Net margin-89.1%-27.6pp
FCF margin-91.2%-22.1pp

Returns & leverage

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Return on equity-40.4%-7.8pp
Debt / equity0.1×0.0×
Current ratio4.3×+1.1×

Where this comes from

Calculated from Iovance Biotherapeutics, Inc.’s reported figures.

$51.9Mebit+
$3.8MDepreciation Depletion & Amortization
=-$48.12M

The source filing: Iovance Biotherapeutics, Inc.’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 9:15 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091716

FAQ

What is Iovance Biotherapeutics, Inc.'s EBITDA?
Iovance Biotherapeutics, Inc. (IOVA) reported EBITDA of -$48.12M in Q2 2026.
How has Iovance Biotherapeutics, Inc.'s EBITDA changed year-over-year?
Iovance Biotherapeutics, Inc.'s EBITDA increased by 56.4% year-over-year, from -$110.37M to -$48.12M.
What is the long-term trend for Iovance Biotherapeutics, Inc.'s EBITDA?
Over 4 years (2021 to 2025), Iovance Biotherapeutics, Inc.'s EBITDA has grown at a 3.6% compound annual growth rate (CAGR), from -$339.59M to -$390.47M.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

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