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Inventory write-downs at other companies

TG Therapeutics logo
TG TherapeuticsTGTX
$1.54M
Biogen logo
BiogenBIIB

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:InventoryWriteDown.

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 inventory write-downs?
Iovance Biotherapeutics, Inc. (IOVA) reported inventory write-downs of -$506K in Q1 2026.
How has Iovance Biotherapeutics, Inc.'s inventory write-downs changed year-over-year?
Iovance Biotherapeutics, Inc.'s inventory write-downs decreased by 8333.3% year-over-year, from -$6K to -$506K.
What does inventory write-downs mean?
Reflects the reduction in the carrying value of inventory when its market value falls below its cost due to obsolescence, spoilage, or damage. For a biopharmaceutical company, this often relates to clinical trial materials or commercial product batches that no longer meet quality or regulatory standards. High levels may indicate inefficiencies in supply chain management or product development.