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Iovance Biotherapeutics, Inc. IOVA Foreign currency remeasurement (loss) gain on debt

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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$1.9B+32.4%

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:ForeignCurrencyTransactionGainLossBeforeTax.

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 foreign currency remeasurement (loss) gain on debt?
Iovance Biotherapeutics, Inc. (IOVA) reported foreign currency remeasurement (loss) gain on debt of -$434K in Q1 2026.
How has Iovance Biotherapeutics, Inc.'s foreign currency remeasurement (loss) gain on debt changed year-over-year?
Iovance Biotherapeutics, Inc.'s foreign currency remeasurement (loss) gain on debt decreased by 635.6% year-over-year, from -$59K to -$434K.
What does foreign currency remeasurement (loss) gain on debt mean?
Represents the net gain or loss resulting from the remeasurement of foreign currency-denominated debt or financial obligations. This metric reflects the impact of exchange rate fluctuations on the company's liabilities before accounting for tax effects. It is a critical indicator of exposure to international currency volatility.