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Segments

By segment

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Single Reportable-$47.32M+57.6%

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:NetIncomeLoss.

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
Interest and other income, net3,2174,1044,5507,324
Net Loss before income taxes$(48,688)$(109,670)$(128,398)$(227,671)
Income tax benefit (expense)1,373(1,988)2,038(150)
Net Loss$(47,315)$(111,658)$(126,360)$(227,821)
Net Loss Per Share of Common Stock, Basic and Diluted$(0.11)$(0.33)$(0.29)$(0.69)
Weighted Average Shares of Common Stock Outstanding, Basic and Diluted450,189334,511434,437328,721
* Non-cash stock-based compensation included in cost of sales and operating expenses
Cost of sales$1,536$2,149$2,555$4,569

Item 1.Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Iovance Biotherapeutics, Inc.'s net income?
Iovance Biotherapeutics, Inc. (IOVA) reported net income of -$47.32M in Q2 2026.
How has Iovance Biotherapeutics, Inc.'s net income changed year-over-year?
Iovance Biotherapeutics, Inc.'s net income increased by 57.6% year-over-year, from -$111.66M to -$47.32M.
What is the long-term trend for Iovance Biotherapeutics, Inc.'s net income?
Over 4 years (2021 to 2025), Iovance Biotherapeutics, Inc.'s net income has grown at a 3.4% compound annual growth rate (CAGR), from -$342.25M to -$390.98M.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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