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Side-by-side financial comparison of Chatham Lodging Trust (CLDT) 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 $67.7M, roughly 1.3× Chatham Lodging Trust). On growth, IOVANCE BIOTHERAPEUTICS, INC. posted the faster year-over-year revenue change (17.7% vs -9.8%). Over the past eight quarters, IOVANCE BIOTHERAPEUTICS, INC.'s revenue compounded faster (1001.6% CAGR vs -0.5%).

Chatham Lodging Trust is a publicly traded real estate investment trust that invests in, owns, and operates upscale extended-stay and select-service premium hotel properties primarily across high-demand urban and suburban markets in the United States. Its portfolio targets assets with strong occupancy rates and steady cash flow from business and leisure traveler segments.

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

CLDT vs IOVA — Head-to-Head

Bigger by revenue
IOVA
IOVA
1.3× larger
IOVA
$86.8M
$67.7M
CLDT
Growing faster (revenue YoY)
IOVA
IOVA
+27.6% gap
IOVA
17.7%
-9.8%
CLDT
Faster 2-yr revenue CAGR
IOVA
IOVA
Annualised
IOVA
1001.6%
-0.5%
CLDT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLDT
CLDT
IOVA
IOVA
Revenue
$67.7M
$86.8M
Net Profit
$4.6M
Gross Margin
67.4%
Operating Margin
15.9%
-84.7%
Net Margin
6.8%
Revenue YoY
-9.8%
17.7%
Net Profit YoY
369.9%
EPS (diluted)
$0.05

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
CLDT
CLDT
IOVA
IOVA
Q4 25
$67.7M
$86.8M
Q3 25
$78.4M
$67.5M
Q2 25
$80.3M
$60.0M
Q1 25
$68.6M
$49.3M
Q4 24
$75.1M
$73.7M
Q3 24
$87.2M
$58.6M
Q2 24
$86.5M
$31.1M
Q1 24
$68.4M
$715.0K
Net Profit
CLDT
CLDT
IOVA
IOVA
Q4 25
$4.6M
Q3 25
$3.5M
$-91.3M
Q2 25
$5.4M
$-111.7M
Q1 25
$1.5M
$-116.2M
Q4 24
$-1.7M
Q3 24
$4.3M
$-83.5M
Q2 24
$6.8M
$-97.1M
Q1 24
$-5.2M
$-113.0M
Gross Margin
CLDT
CLDT
IOVA
IOVA
Q4 25
67.4%
Q3 25
43.0%
Q2 25
5.5%
Q1 25
-0.8%
Q4 24
40.7%
68.7%
Q3 24
44.7%
46.2%
Q2 24
46.1%
-0.8%
Q1 24
38.9%
Operating Margin
CLDT
CLDT
IOVA
IOVA
Q4 25
15.9%
-84.7%
Q3 25
12.7%
-140.7%
Q2 25
14.8%
-189.8%
Q1 25
12.1%
-245.8%
Q4 24
7.5%
-117.5%
Q3 24
14.3%
-152.1%
Q2 24
16.3%
-327.6%
Q1 24
1.4%
-16464.6%
Net Margin
CLDT
CLDT
IOVA
IOVA
Q4 25
6.8%
Q3 25
4.5%
-135.3%
Q2 25
6.7%
-186.2%
Q1 25
2.2%
-235.5%
Q4 24
-2.3%
Q3 24
4.9%
-142.7%
Q2 24
7.9%
-312.2%
Q1 24
-7.6%
-15800.8%
EPS (diluted)
CLDT
CLDT
IOVA
IOVA
Q4 25
$0.05
Q3 25
$0.03
Q2 25
$0.07
$-0.33
Q1 25
$-0.01
$-0.36
Q4 24
$-0.08
$-0.24
Q3 24
$0.05
$-0.28
Q2 24
$0.10
$-0.34
Q1 24
$-0.15
$-0.42

Balance Sheet & Financial Strength

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

Metric
CLDT
CLDT
IOVA
IOVA
Cash + ST InvestmentsLiquidity on hand
$24.4M
$297.0M
Total DebtLower is stronger
$338.9M
Stockholders' EquityBook value
$740.8M
$698.6M
Total Assets
$1.2B
$913.2M
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLDT
CLDT
IOVA
IOVA
Q4 25
$24.4M
$297.0M
Q3 25
$13.2M
$300.8M
Q2 25
$17.2M
$301.2M
Q1 25
$18.6M
$359.7M
Q4 24
$20.2M
$323.8M
Q3 24
$19.3M
$397.5M
Q2 24
$10.6M
$412.5M
Q1 24
$72.3M
$356.2M
Total Debt
CLDT
CLDT
IOVA
IOVA
Q4 25
$338.9M
Q3 25
$338.8M
Q2 25
$351.2M
Q1 25
$381.1M
Q4 24
$406.9M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CLDT
CLDT
IOVA
IOVA
Q4 25
$740.8M
$698.6M
Q3 25
$749.4M
$702.3M
Q2 25
$754.1M
$698.5M
Q1 25
$754.7M
$767.9M
Q4 24
$758.2M
$710.4M
Q3 24
$765.3M
$773.5M
Q2 24
$766.5M
$768.5M
Q1 24
$765.0M
$680.0M
Total Assets
CLDT
CLDT
IOVA
IOVA
Q4 25
$1.2B
$913.2M
Q3 25
$1.2B
$904.9M
Q2 25
$1.2B
$907.4M
Q1 25
$1.2B
$966.7M
Q4 24
$1.3B
$910.4M
Q3 24
$1.3B
$991.1M
Q2 24
$1.3B
$964.3M
Q1 24
$1.3B
$869.8M
Debt / Equity
CLDT
CLDT
IOVA
IOVA
Q4 25
0.46×
Q3 25
0.45×
Q2 25
0.47×
Q1 25
0.50×
Q4 24
0.54×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
CLDT
CLDT
IOVA
IOVA
Operating Cash FlowLast quarter
$64.1M
$-52.6M
Free Cash FlowOCF − Capex
$-61.9M
FCF MarginFCF / Revenue
-71.3%
Capex IntensityCapex / Revenue
10.7%
Cash ConversionOCF / Net Profit
13.90×
TTM Free Cash FlowTrailing 4 quarters
$-336.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLDT
CLDT
IOVA
IOVA
Q4 25
$64.1M
$-52.6M
Q3 25
$25.6M
$-78.7M
Q2 25
$22.1M
$-67.4M
Q1 25
$4.2M
$-103.7M
Q4 24
$73.8M
$-73.3M
Q3 24
$28.8M
$-59.0M
Q2 24
$25.2M
$-98.4M
Q1 24
$6.9M
$-122.3M
Free Cash Flow
CLDT
CLDT
IOVA
IOVA
Q4 25
$-61.9M
Q3 25
$-89.5M
Q2 25
$-74.9M
Q1 25
$-109.9M
Q4 24
$-77.5M
Q3 24
$-61.3M
Q2 24
$-98.9M
Q1 24
$-126.5M
FCF Margin
CLDT
CLDT
IOVA
IOVA
Q4 25
-71.3%
Q3 25
-132.7%
Q2 25
-124.9%
Q1 25
-222.8%
Q4 24
-105.1%
Q3 24
-104.6%
Q2 24
-317.9%
Q1 24
-17685.3%
Capex Intensity
CLDT
CLDT
IOVA
IOVA
Q4 25
10.7%
Q3 25
16.1%
Q2 25
12.4%
Q1 25
12.6%
Q4 24
5.7%
Q3 24
3.9%
Q2 24
1.4%
Q1 24
583.4%
Cash Conversion
CLDT
CLDT
IOVA
IOVA
Q4 25
13.90×
Q3 25
7.24×
Q2 25
4.10×
Q1 25
2.73×
Q4 24
Q3 24
6.78×
Q2 24
3.68×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLDT
CLDT

Occupancy$61.5M91%
Hotel Other$4.2M6%
Food And Beverage$1.8M3%
Hotel$1.1M2%

IOVA
IOVA

Amtagvi$64.9M75%
Proleukin$21.9M25%

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