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Other financials

Income statement

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Revenue$71.4M+44.8%
Operating income-$81.0M+33.1%
Net income-$79.0M+32.0%
EPS (diluted)-$0.19+47.2%

Balance sheet

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Cash & equivalents$196.5M+14.5%
Total debt$46.8M-11.3%
Total equity$721.8M-6.0%
Total assets$925.7M-4.2%

Cash flow

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Operating cash flow-$72.1M+30.5%
CapEx$6.6M+6.4%
Free cash flow-$78.7M+28.4%

Valuation

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Market cap$1.98B+32.4%
Enterprise value$1.83B+33.2%
P/S6.9×-0.1×

Profitability

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Gross margin36.7%+4.1pp
Operating margin-127.2%-31.0pp
Net margin-123.9%-28.4pp
FCF margin-106.8%-27.5pp

Returns & leverage

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Return on equity-47.5%-3.7pp
Debt / equity0.1×0.0×
Current ratio3.6×-0.6×

Where this comes from

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

The official record: Iovance Biotherapeutics, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Iovance Biotherapeutics, Inc.'s gross profit?
Iovance Biotherapeutics, Inc. (IOVA) reported gross profit of $28.93M in Q1 2026.
How has Iovance Biotherapeutics, Inc.'s gross profit changed year-over-year?
Iovance Biotherapeutics, Inc.'s gross profit increased by 337.8% year-over-year, from $6.61M to $28.93M.
What is the long-term trend for Iovance Biotherapeutics, Inc.'s gross profit?
Over 2 years (2023 to 2025), Iovance Biotherapeutics, Inc.'s gross profit has grown at a 2200.2% compound annual growth rate (CAGR), from $156K to $82.54M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.