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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
United States$98,967$58,605$169,439$107,125
Rest of world3461,3471,3042,151
Net revenue$99,313$59,952$170,743$109,276

Item 1.Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Iovance Biotherapeutics, Inc.'s US — revenue?
Iovance Biotherapeutics, Inc. (IOVA) reported US — revenue of $98.97M in Q2 2026.
How has Iovance Biotherapeutics, Inc.'s US — revenue changed year-over-year?
Iovance Biotherapeutics, Inc.'s US — revenue increased by 68.9% year-over-year, from $58.61M to $98.97M.
What does US — revenue mean?
This metric represents the total gross revenue generated from the sale of pharmaceutical products and services within the United States market, net of any assessed taxes. It serves as a primary indicator of the company's commercial success and market penetration for its therapeutic offerings in the domestic region. Tracking this figure allows investors to evaluate the adoption rate and revenue growth trajectory of the company's clinical-stage assets as they transition into commercialized products.

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