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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:PropertyPlantAndEquipmentNet.

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 itemJune 30, 2026December 31, 2025
Inventory55,59051,678
Prepaid expenses and other assets8,87411,583
Total Current Assets464,257442,689
Property and equipment, net131,464131,112
Intangible assets, net263,894279,324
Operating lease right-of-use assets43,48045,899
Restricted cash6,0055,980
Long-term assets6,4318,166

Item 1.Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Iovance Biotherapeutics, Inc.'s PP&E (net)?
Iovance Biotherapeutics, Inc. (IOVA) reported PP&E (net) of $131.46M in Q2 2026.
How has Iovance Biotherapeutics, Inc.'s PP&E (net) changed year-over-year?
Iovance Biotherapeutics, Inc.'s PP&E (net) increased by 7.3% year-over-year, from $122.47M to $131.46M.
What is the long-term trend for Iovance Biotherapeutics, Inc.'s PP&E (net)?
Over 5 years (2020 to 2025), Iovance Biotherapeutics, Inc.'s PP&E (net) has grown at a 17.3% compound annual growth rate (CAGR), from $59.16M to $131.11M.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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