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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) and IOVANCE BIOTHERAPEUTICS, INC. (IOVA). Click either name above to swap in a different company.

IOVANCE BIOTHERAPEUTICS, INC. is the larger business by last-quarter revenue ($86.8M vs $64.3M, roughly 1.3× CAMDEN NATIONAL CORP). Over the past eight quarters, IOVANCE BIOTHERAPEUTICS, INC.'s revenue compounded faster (1001.6% CAGR vs 22.6%).

Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation, a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.

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

CAC vs IOVA — Head-to-Head

Bigger by revenue
IOVA
IOVA
1.3× larger
IOVA
$86.8M
$64.3M
CAC
Faster 2-yr revenue CAGR
IOVA
IOVA
Annualised
IOVA
1001.6%
22.6%
CAC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CAC
CAC
IOVA
IOVA
Revenue
$64.3M
$86.8M
Net Profit
$21.9M
Gross Margin
67.4%
Operating Margin
-84.7%
Net Margin
34.0%
Revenue YoY
17.7%
Net Profit YoY
EPS (diluted)
$1.29

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CAC
CAC
IOVA
IOVA
Q1 26
$64.3M
Q4 25
$68.1M
$86.8M
Q3 25
$65.4M
$67.5M
Q2 25
$62.3M
$60.0M
Q1 25
$60.1M
$49.3M
Q4 24
$47.6M
$73.7M
Q3 24
$45.0M
$58.6M
Q2 24
$42.8M
$31.1M
Net Profit
CAC
CAC
IOVA
IOVA
Q1 26
$21.9M
Q4 25
$22.6M
Q3 25
$21.2M
$-91.3M
Q2 25
$14.1M
$-111.7M
Q1 25
$7.3M
$-116.2M
Q4 24
$14.7M
Q3 24
$13.1M
$-83.5M
Q2 24
$12.0M
$-97.1M
Gross Margin
CAC
CAC
IOVA
IOVA
Q1 26
Q4 25
67.4%
Q3 25
43.0%
Q2 25
5.5%
Q1 25
-0.8%
Q4 24
68.7%
Q3 24
46.2%
Q2 24
-0.8%
Operating Margin
CAC
CAC
IOVA
IOVA
Q1 26
Q4 25
41.5%
-84.7%
Q3 25
40.5%
-140.7%
Q2 25
28.5%
-189.8%
Q1 25
10.3%
-245.8%
Q4 24
38.7%
-117.5%
Q3 24
35.2%
-152.1%
Q2 24
34.7%
-327.6%
Net Margin
CAC
CAC
IOVA
IOVA
Q1 26
34.0%
Q4 25
33.1%
Q3 25
32.4%
-135.3%
Q2 25
22.6%
-186.2%
Q1 25
12.2%
-235.5%
Q4 24
30.8%
Q3 24
29.1%
-142.7%
Q2 24
28.0%
-312.2%
EPS (diluted)
CAC
CAC
IOVA
IOVA
Q1 26
$1.29
Q4 25
$1.33
Q3 25
$1.25
Q2 25
$0.83
$-0.33
Q1 25
$0.43
$-0.36
Q4 24
$1.00
$-0.24
Q3 24
$0.90
$-0.28
Q2 24
$0.81
$-0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CAC
CAC
IOVA
IOVA
Cash + ST InvestmentsLiquidity on hand
$297.0M
Total DebtLower is stronger
$514.4M
Stockholders' EquityBook value
$710.0M
$698.6M
Total Assets
$7.0B
$913.2M
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAC
CAC
IOVA
IOVA
Q1 26
Q4 25
$297.0M
Q3 25
$300.8M
Q2 25
$301.2M
Q1 25
$359.7M
Q4 24
$323.8M
Q3 24
$397.5M
Q2 24
$412.5M
Total Debt
CAC
CAC
IOVA
IOVA
Q1 26
$514.4M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CAC
CAC
IOVA
IOVA
Q1 26
$710.0M
Q4 25
$696.6M
$698.6M
Q3 25
$676.4M
$702.3M
Q2 25
$652.1M
$698.5M
Q1 25
$640.1M
$767.9M
Q4 24
$531.2M
$710.4M
Q3 24
$529.9M
$773.5M
Q2 24
$508.3M
$768.5M
Total Assets
CAC
CAC
IOVA
IOVA
Q1 26
$7.0B
Q4 25
$7.0B
$913.2M
Q3 25
$7.0B
$904.9M
Q2 25
$6.9B
$907.4M
Q1 25
$7.0B
$966.7M
Q4 24
$5.8B
$910.4M
Q3 24
$5.7B
$991.1M
Q2 24
$5.7B
$964.3M
Debt / Equity
CAC
CAC
IOVA
IOVA
Q1 26
0.72×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CAC
CAC
IOVA
IOVA
Operating Cash FlowLast quarter
$-52.6M
Free Cash FlowOCF − Capex
$-61.9M
FCF MarginFCF / Revenue
-71.3%
Capex IntensityCapex / Revenue
10.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-336.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAC
CAC
IOVA
IOVA
Q1 26
Q4 25
$63.9M
$-52.6M
Q3 25
$36.1M
$-78.7M
Q2 25
$6.0M
$-67.4M
Q1 25
$1.0M
$-103.7M
Q4 24
$60.9M
$-73.3M
Q3 24
$-14.5M
$-59.0M
Q2 24
$14.5M
$-98.4M
Free Cash Flow
CAC
CAC
IOVA
IOVA
Q1 26
Q4 25
$58.2M
$-61.9M
Q3 25
$35.4M
$-89.5M
Q2 25
$4.5M
$-74.9M
Q1 25
$-727.0K
$-109.9M
Q4 24
$55.4M
$-77.5M
Q3 24
$-16.2M
$-61.3M
Q2 24
$13.2M
$-98.9M
FCF Margin
CAC
CAC
IOVA
IOVA
Q1 26
Q4 25
85.5%
-71.3%
Q3 25
54.1%
-132.7%
Q2 25
7.3%
-124.9%
Q1 25
-1.2%
-222.8%
Q4 24
116.4%
-105.1%
Q3 24
-36.0%
-104.6%
Q2 24
30.8%
-317.9%
Capex Intensity
CAC
CAC
IOVA
IOVA
Q1 26
Q4 25
8.4%
10.7%
Q3 25
1.1%
16.1%
Q2 25
2.4%
12.4%
Q1 25
2.9%
12.6%
Q4 24
11.7%
5.7%
Q3 24
3.8%
3.9%
Q2 24
3.0%
1.4%
Cash Conversion
CAC
CAC
IOVA
IOVA
Q1 26
Q4 25
2.83×
Q3 25
1.70×
Q2 25
0.43×
Q1 25
0.14×
Q4 24
4.15×
Q3 24
-1.11×
Q2 24
1.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CAC
CAC

Net Interest Income$52.4M81%
Noninterest Income$12.0M19%

IOVA
IOVA

Amtagvi$64.9M75%
Proleukin$21.9M25%

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