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NASDAQ · BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) · MID CAP

Iovance Biotherapeutics, Inc. IOVA

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$263.5M
▲ 60.6% YoY
$-391.0M
$-336.2M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Its two commercial products are Amtagvi (lifileucel) and Proleukin (aldesleukin), an interleukin-2 product used in the Amtagvi treatment regimen and other applications. To date, more than 1,500 patients have been treated with commercial and investigational TIL cell therapies manufactured using Iovance processes. As of December 31, 2025, it had 975 employees, of whom 775 were engaged in research and development and commercial manufacturing activities and 200 were engaged in general and administrative support activities. The Iovance Cell Therapy Center, in Philadelphia, Pennsylvania, is the first FDA-approved facility to manufacture commercial TIL cell therapy. Iovance Biotherapeutics, Inc. was founded to build upon TIL cell therapy research initially developed at academic research centers, including the National Cancer Institute.

Written from the business description in IOVANCE BIOTHERAPEUTICS, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.

Growth

USD 263.5M
Revenue, FY2025 · full 18-year series below
Revenue $M Net income $M
FY2025 · Revenue 263.5 · Net income -391.0
100M200M-200M-400M
2008201120142017202020232025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−148 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -153.1%
-10000%-20000%-30000%
200820162025
ROE
FY2025 · ROE -55.5%
-1000%-2000%
200820162025
Three returns, three denominators.
Gross margin34.3%
Operating margin-153.1%
Net margin-148.4%
EBITDAUSD -390.5M

Each USD of equity lost 55 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -336.2
-150M-300M
200820162025

Total assetsUSD 913.2M
EquityUSD 698.6M
CashUSD 163.1M
Current ratio3.20×

Equity funds 77% of total assets.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
IOVA, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B0.30.20.0◌◌◌◌0.00.00.00.00.00.00.00.00.00.0◌
Operating income $B−0.4−0.4−0.5−0.4−0.3−0.3−0.2−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0◌
EBITDA $B−0.4−0.4−0.4−0.4−0.3−0.3−0.2−0.1−0.1−0.1−0.0−0.0−0.0◌◌◌◌◌
Income tax $B−0.0−0.0−0.00.00.00.00.00.00.00.00.00.0◌◌◌◌◌◌
Net income $B−0.4−0.4−0.4−0.4−0.3−0.3−0.2−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.3−0.4−0.4−0.3−0.3−0.3−0.2−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0◌
EPS, diluted $−1.09−1.28−1.89−2.49−2.23−1.88−1.59−1.27−1.41−1.85−0.62−0.48−3.47−4.14−0.34−0.020.00◌
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend——————————————————
ROE %−55.5−57.5−81.9−70.6−53.6−54.3−51.6−40.4−58.9−39.0−37.2−38.5—————−2570.8
Shares out B0.410.310.260.190.160.150.130.120.070.060.050.030.020.000.080.07◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 65 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. 16 checks were skipped: cost of revenue is not tagged before 2023. Six checks were skipped: the balance sheet is not tagged before 2010. Four checks were skipped: the share count is not tagged before 2011.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityBiological Products, (No Diagnostic Substances)
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2008

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