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Iovance Biotherapeutics Inc (IOVA) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

HEALTHCARE · BIOTECHNOLOGY · DATA UPDATED 2026-08-27

Iovance Biotherapeutics Inc (IOVA) operates in the BIOTECHNOLOGY industry and is headquartered in San Carlos, United States with about 975 employees. Its market capitalization is roughly $5 billion. In the fiscal year ended 2025-12-31, IOVA reported $264M in revenue and ($391M) in net income.

Iovance Biotherapeutics, Inc., a commercial-stage biopharmaceutical company, develops and commercializes cell therapies using autologous tumor infiltrating lymphocyte for the treatment of metastatic melanoma and other solid tumor cancers in the United States and internationally.

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IOVA Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-31
Total Revenue$324M$264M$164M$1M$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M
Gross Profit$377M$256M$40M($10M)($21M)($14M)($9M)($8M)($1M)($1M)($1M)($1M)($9M)($5M)$0M($19M)
Gross Margin %116.4%97.2%24.4%-804.5%-8880.2%
Operating Income (EBIT)($301M)($403M)($395M)($461M)($399M)($343M)($262M)($207M)($128M)($93M)($54M)($28M)($12M)($23M)($8M)($21M)($1M)$0M$0M
Operating Margin %-92.9%-153.1%-240.9%-38735.0%-167595.8%
Net Income($289M)($391M)($372M)($444M)($390M)($328M)($260M)($187M)($124M)($92M)($53M)($28M)($12M)($25M)($3M)($26M)($2M)$0M$0M
Net Margin %-89.2%-148.4%-226.8%-37345.4%-163833.2%
EBITDA($263M)($357M)($331M)($414M)($378M)($329M)($261M)($206M)($127M)($92M)($53M)($27M)($12M)($25M)($8M)($21M)($2M)$0M$0M
Earnings Per Share (EPS)$-0.73$-1.09$-1.28$-1.89$-2.45$-2.14$-1.88$-1.50$-1.27$-1.41$-0.96$-0.62$-0.48$-2.60$-4.14$-33.84$-2.46$-0.02$-0.05
Shares Outstanding (M)450M357M290M235M159M153M138M124M97M65M55M44M25M1M1M1M1M1M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

IOVA Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$99M$71M$87M$67M$60M$49M$74M$59M
Gross Profit$54M$70M$187M$66M$3M$0M$28M$19M
Gross Margin %54.6%98.6%215.9%97.9%5.5%-0.9%38.2%32.0%
Operating Income (EBIT)($52M)($81M)($73M)($95M)($114M)($121M)($87M)($89M)
Operating Margin %-52.3%-113.5%-84.7%-140.7%-189.8%-245.8%-117.5%-152.1%
Net Income($47M)($79M)($72M)($91M)($112M)($116M)($79M)($84M)
Net Margin %-47.6%-110.7%-82.9%-135.3%-186.2%-235.5%-106.6%-142.7%
EBITDA($39M)($71M)($68M)($85M)($98M)($107M)($65M)($78M)
Earnings Per Share (EPS)$-0.11$-0.19$-0.18$-0.25$-0.33$-0.36$-0.26$-0.28
Shares Outstanding (M)450M419M407M364M335M323M305M303M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

IOVA Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-31
Cash from Operations (CFO)($265M)($302M)($353M)($362M)($293M)($228M)($205M)($159M)($101M)($79M)($33M)($18M)($9M)($4M)($2M)($6M)($1M)$0M$0M
Capital Expenditures (CapEx)$32M$34M$11M$22M$20M$38M$47M$7M$1M$1M$2M$1M$2M$0M$0M$0M$0M$0M$0M
Free Cash Flow (FCF)($297M)($336M)($364M)($384M)($313M)($266M)($252M)($166M)($102M)($80M)($34M)($20M)($10M)($4M)($2M)($6M)($1M)$0M$0M
FCF Margin %-91.7%-127.6%-221.9%-32305.3%-131589.1%
Dividends Paid$1M$0M$49M$0M$0M$0M$0M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

IOVA Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)($61M)($72M)($53M)($79M)($67M)($104M)($73M)($59M)
Capital Expenditures (CapEx)$5M$7M$9M$11M$7M$6M$4M$2M
Free Cash Flow (FCF)($66M)($79M)($62M)($90M)($75M)($110M)($77M)($61M)
FCF Margin %-66.7%-110.1%-71.3%-132.8%-125.0%-222.8%-105.1%-104.6%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

IOVA Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-31
Total Assets$916M$913M$910M$780M$664M$777M$768M$345M$481M$155M$172M$106M$47M$20M$0M$1M$1M$0M$0M
Cash & Cash Equivalents$111M$163M$116M$115M$232M$78M$67M$14M$82M$145M$166M$104M$45M$20M$0M$1M$1M$0M$0M
Total Liabilities$179M$215M$200M$196M$164M$156M$112M$46M$15M$10M$5M$2M$2M$2M$11M$13M$1M$0M$0M
Total Debt (Short + Long-Term)$3M$4M$14M$9M$14M$6M$6M$7M$0M$0M$0M$0M$0M$6M$5M$5M$0M$0M$0M
Total Shareholders' Equity$736M$699M$710M$585M$500M$622M$656M$299M$466M$145M$167M$104M$45M$18M($11M)($13M)$1M$0M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive IOVA viewer.

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