IOVANCE BIOTHERAPEUTICS, INC.

IOVANCE BIOTHERAPEUTICS, INC.IOVAEarnings & Financial Report

Nasdaq · Health Care · Biological Products, (No Diagnostic Substances)

Iovance Biotherapeutics, Inc. is a biopharmaceutical startup based in San Carlos, California. The company works to develop tumor-infiltrating lymphocyte (TIL) therapies against cancer.

IOVA Q4 FY2025 Key Financial Metrics

Revenue

$86.8M

Gross Profit

$58.5M

Operating Profit

$-73.5M

Net Profit

N/A

Gross Margin

67.4%

Operating Margin

-84.7%

Net Margin

N/A

YoY Growth

17.7%

EPS

$-0.15

IOVANCE BIOTHERAPEUTICS, INC. Q4 FY2025 Financial Summary

IOVANCE BIOTHERAPEUTICS, INC. reported revenue of $86.8M (up 17.7% YoY) for Q4 FY2025, with a net profit of N/A (N/A margin). Cost of goods sold was $28.3M, operating expenses totaled $131.9M.

Key Financial Metrics

Total Revenue$86.8M
Net ProfitN/A
Gross Margin67.4%
Operating Margin-84.7%
Report PeriodQ4 FY2025

Revenue Breakdown

IOVANCE BIOTHERAPEUTICS, INC. Q4 FY2025 revenue of $86.8M breaks down across 2 segments, led by Amtagvi at $64.9M (74.8% of total).

SegmentRevenue% of Total
Amtagvi$64.9M74.8%
Proleukin$21.9M25.2%

IOVANCE BIOTHERAPEUTICS, INC. Revenue by Segment — Quarterly Trend

IOVANCE BIOTHERAPEUTICS, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Amtagvi and Proleukin) has evolved quarter over quarter.

SegmentQ4 FY2025Q3 FY2025Q2 FY2025Q1 FY2025
Amtagvi$64.9M$57.5M$54.1M$43.6M
Proleukin$21.9M$10.0M$5.9M$5.8M

IOVANCE BIOTHERAPEUTICS, INC. Annual Revenue by Year

IOVANCE BIOTHERAPEUTICS, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $263.5M).

YearAnnual Revenue
2025$263.5Mvs 2024
2024$164.1Mvs 2023

IOVANCE BIOTHERAPEUTICS, INC. Quarterly Revenue & Net Profit History

IOVANCE BIOTHERAPEUTICS, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$86.8M+17.7%N/AN/A
Q3 FY2025$67.5M+15.2%$-91.3M-135.3%
Q2 FY2025$60.0M+92.7%$-111.7M-186.2%
Q1 FY2025$49.3M+6798.5%$-116.2M-235.5%
Q4 FY2024$73.7MN/AN/A
Q3 FY2024$58.6M+12385.1%$-83.5M-142.7%
Q2 FY2024$31.1M+12969.7%$-97.1M-312.2%
Q1 FY2024$715.0K$-113.0M-15800.8%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$715000$31.1M$58.6M$73.7M$49.3M$60.0M$67.5M$86.8M
YoY GrowthN/A12969.7%12385.1%N/A6798.5%92.7%15.2%17.7%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$869.8M$964.3M$991.1M$910.4M$966.7M$907.4M$904.9M$913.2M
Liabilities$189.8M$195.8M$217.7M$200.0M$198.9M$208.9M$202.7M$214.6M
Equity$680.0M$768.5M$773.5M$710.4M$767.9M$698.5M$702.3M$698.6M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-122.3M$-98.4M$-59.0M$-73.3M$-103.7M$-67.4M$-78.7M$-52.6M