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Iovance Biotherapeutics, Inc. IOVA Business Segments — Operating Expenses

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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

Reported directly by Iovance Biotherapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

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

Filed
Aug 6, 2026, 9:15 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091716
(in thousands)Three Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Expenses
Research and development$53,773$71,569$111,143$137,619
General and administrative18,61719,66837,31739,524
Sales and marketing15,53611,47230,65224,830
Depreciation and amortization9,5009,35018,03917,415
Other segment items (b)5,60710,67013,85926,114
Total expenses$103,033$122,729$211,010$245,502
Net loss$(47,315)$(111,658)$(126,360)$(227,821)

Item 1.Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Iovance Biotherapeutics, Inc.'s business segments — operating expenses?
Iovance Biotherapeutics, Inc. (IOVA) reported business segments — operating expenses of $103.03M in Q2 2026.
How has Iovance Biotherapeutics, Inc.'s business segments — operating expenses changed year-over-year?
Iovance Biotherapeutics, Inc.'s business segments — operating expenses decreased by 16.0% year-over-year, from $122.73M to $103.03M.
What is the long-term trend for Iovance Biotherapeutics, Inc.'s business segments — operating expenses?
Over 2 years (2023 to 2025), Iovance Biotherapeutics, Inc.'s business segments — operating expenses has grown at a 4.1% compound annual growth rate (CAGR), from $444.19M to $481.3M.
What does business segments — operating expenses mean?
Represents the total costs incurred by the business segment to support daily operations, including research, development, and administrative functions. Monitoring this metric helps investors assess the company's operational efficiency and the scale of investment required to sustain its clinical and commercial activities.

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