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Iovance Biotherapeutics, Inc. IOVA Business Segments — Royalty Expense

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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:RoyaltyExpense.

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
Cost of sales
Cost of goods sold (excluding depreciation and amortization) (a)$39,809$45,503$78,637$84,471
Stock-based compensation1,5362,1492,5554,569
Royalties2,2501,2294,9012,555
Total cost of sales$43,595$48,881$86,093$91,595
Expenses
Research and development$53,773$71,569$111,143$137,619
General and administrative18,61719,66837,31739,524

Item 1.Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Iovance Biotherapeutics, Inc.'s business segments — royalty expense?
Iovance Biotherapeutics, Inc. (IOVA) reported business segments — royalty expense of $2.25M in Q2 2026.
How has Iovance Biotherapeutics, Inc.'s business segments — royalty expense changed year-over-year?
Iovance Biotherapeutics, Inc.'s business segments — royalty expense increased by 83.1% year-over-year, from $1.23M to $2.25M.
What does business segments — royalty expense mean?
This represents the contractual payments made to third parties for the use of intellectual property or licensed technologies essential to the company's product offerings. It is a critical component of the cost structure that impacts the overall gross margin of the segment.

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