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Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin48.4%+15.0pp39.4%+6.9pp34.3%+0.1pp33%+4.3pp33.4%+48.1pp
Operating margin-92.7%+77.3pp-127.2%+60.3pp-153.1%+87.8pp-166.3%+307pp-170%+1,231pp
Net margin-89.1%+72.4pp-123.9%+52.6pp-148.4%+78.5pp-158.8%+292pp-161.4%+1,182pp
Returns
Return on equity-40.4%+12.8pp-47.5%+4.3pp-55.5%+2.0pp-53.9%+2.8pp-53.2%+12.2pp
Return on invested capital-46.7%+19.9pp-59.5%+2.9pp-65.2%+4.6pp-65.2%+12.9pp-66.6%+27.3pp
Efficiency
Asset turnover0.4×+0.1×0.3×+0.1×0.3×+0.1×0.3×+0.2×0.3×+0.2×
Liquidity
Current ratio4.3×+1.1×3.6×-0.6×3.2×-0.5×3.4×-0.8×3.3×-1.9×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Per Share
Book value per share$1.64-21.7%$1.72-27.5%$1.95-20.2%$2.09-22.6%
Valuation
Market capitalization$2.77B+222%$1.45B+32.4%$1.08B-51.9%$785.22M-70.6%$627.8M-70.6%
Price / sales8.5×+5.0×5.1×-0.1×4.1×-9.6×3.1×-26.3×2.6×-62.6×
Price / book3.8×+2.5×+0.6×1.6×-1.6×1.1×-2.3×0.9×-1.9×

FAQ

What are Iovance Biotherapeutics, Inc.'s profit margins?
Iovance Biotherapeutics, Inc. (IOVA) runs a 48.4% gross margin and a -92.7% operating margin, with a -89.1% net margin.
Where do Iovance Biotherapeutics, Inc.'s ratios come from?
Every ratio is computed from Iovance Biotherapeutics, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.