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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
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

Calculated from Iovance Biotherapeutics, Inc.’s reported figures.

Based on trailing twelve months.

The source filing: Iovance Biotherapeutics, Inc.’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 9:15 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091716

FAQ

What is Iovance Biotherapeutics, Inc.'s operating margin?
Iovance Biotherapeutics, Inc. (IOVA) reported operating margin of -92.7% in Q2 2026.
How has Iovance Biotherapeutics, Inc.'s operating margin changed year-over-year?
Iovance Biotherapeutics, Inc.'s operating margin increased by 45.5% year-over-year, from -170% to -92.7%.
What is the long-term trend for Iovance Biotherapeutics, Inc.'s operating margin?
Over 2 years (2023 to 2025), Iovance Biotherapeutics, Inc.'s operating margin has grown at a -93.7% compound annual growth rate (CAGR), from -38,735% to -153.1%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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