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Iovance Biotherapeutics, Inc. IOVA Business Segments — Research And Development Expense

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OCULSingle Reportable — Research And Development Expense Other Clinical And Preclinical Programs
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Other financials

Income statement

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Revenue$71.4M+44.8%
Gross profit$28.9M+338%
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

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

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 business segments — research and development expense?
Iovance Biotherapeutics, Inc. (IOVA) reported business segments — research and development expense of $57.37M in Q1 2026.
How has Iovance Biotherapeutics, Inc.'s business segments — research and development expense changed year-over-year?
Iovance Biotherapeutics, Inc.'s business segments — research and development expense decreased by 13.1% year-over-year, from $66.05M to $57.37M.
What is the long-term trend for Iovance Biotherapeutics, Inc.'s business segments — research and development expense?
Over 2 years (2023 to 2025), Iovance Biotherapeutics, Inc.'s business segments — research and development expense has grown at a -4.3% compound annual growth rate (CAGR), from $298.27M to $273.06M.
What does business segments — research and development expense mean?
This tracks the investment in clinical trials, laboratory research, and regulatory activities required to develop and advance the company's pipeline. For a biopharmaceutical firm, this is the primary driver of future growth and long-term value creation.