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Side-by-side financial comparison of FIRST COMMONWEALTH FINANCIAL CORP (FCF) and IOVANCE BIOTHERAPEUTICS, INC. (IOVA). Click either name above to swap in a different company.

FIRST COMMONWEALTH FINANCIAL CORP is the larger business by last-quarter revenue ($133.7M vs $86.8M, roughly 1.5× IOVANCE BIOTHERAPEUTICS, INC.). On growth, IOVANCE BIOTHERAPEUTICS, INC. posted the faster year-over-year revenue change (17.7% vs 13.0%). Over the past eight quarters, IOVANCE BIOTHERAPEUTICS, INC.'s revenue compounded faster (1001.6% CAGR vs 5.5%).

First Commonwealth Financial Corp is a Pennsylvania-based regional financial services holding company. It offers consumer and commercial banking products, loans, wealth management, and insurance services for individuals, small and mid-sized enterprises across central and western Pennsylvania and Ohio.

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

FCF vs IOVA — Head-to-Head

Bigger by revenue
FCF
FCF
1.5× larger
FCF
$133.7M
$86.8M
IOVA
Growing faster (revenue YoY)
IOVA
IOVA
+4.8% gap
IOVA
17.7%
13.0%
FCF
Faster 2-yr revenue CAGR
IOVA
IOVA
Annualised
IOVA
1001.6%
5.5%
FCF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FCF
FCF
IOVA
IOVA
Revenue
$133.7M
$86.8M
Net Profit
$37.5M
Gross Margin
67.4%
Operating Margin
-84.7%
Net Margin
28.1%
Revenue YoY
13.0%
17.7%
Net Profit YoY
14.8%
EPS (diluted)
$0.37

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
FCF
FCF
IOVA
IOVA
Q1 26
$133.7M
Q4 25
$137.9M
$86.8M
Q3 25
$136.0M
$67.5M
Q2 25
$131.0M
$60.0M
Q1 25
$118.0M
$49.3M
Q4 24
$120.4M
$73.7M
Q3 24
$121.2M
$58.6M
Q2 24
$120.2M
$31.1M
Net Profit
FCF
FCF
IOVA
IOVA
Q1 26
$37.5M
Q4 25
$44.9M
Q3 25
$41.3M
$-91.3M
Q2 25
$33.4M
$-111.7M
Q1 25
$32.7M
$-116.2M
Q4 24
$35.8M
Q3 24
$32.1M
$-83.5M
Q2 24
$37.1M
$-97.1M
Gross Margin
FCF
FCF
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
FCF
FCF
IOVA
IOVA
Q1 26
Q4 25
40.9%
-84.7%
Q3 25
38.1%
-140.7%
Q2 25
32.1%
-189.8%
Q1 25
34.8%
-245.8%
Q4 24
37.1%
-117.5%
Q3 24
33.4%
-152.1%
Q2 24
38.7%
-327.6%
Net Margin
FCF
FCF
IOVA
IOVA
Q1 26
28.1%
Q4 25
32.5%
Q3 25
30.4%
-135.3%
Q2 25
25.5%
-186.2%
Q1 25
27.7%
-235.5%
Q4 24
29.8%
Q3 24
26.5%
-142.7%
Q2 24
30.9%
-312.2%
EPS (diluted)
FCF
FCF
IOVA
IOVA
Q1 26
$0.37
Q4 25
$0.44
Q3 25
$0.39
Q2 25
$0.32
$-0.33
Q1 25
$0.32
$-0.36
Q4 24
$0.35
$-0.24
Q3 24
$0.31
$-0.28
Q2 24
$0.36
$-0.34

Balance Sheet & Financial Strength

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

Metric
FCF
FCF
IOVA
IOVA
Cash + ST InvestmentsLiquidity on hand
$297.0M
Total DebtLower is stronger
$154.9M
Stockholders' EquityBook value
$1.6B
$698.6M
Total Assets
$12.3B
$913.2M
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCF
FCF
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
FCF
FCF
IOVA
IOVA
Q1 26
$154.9M
Q4 25
$261.7M
Q3 25
$262.1M
Q2 25
$262.4M
Q1 25
$262.7M
Q4 24
$263.0M
Q3 24
$136.3M
Q2 24
$136.6M
Stockholders' Equity
FCF
FCF
IOVA
IOVA
Q1 26
$1.6B
Q4 25
$1.6B
$698.6M
Q3 25
$1.5B
$702.3M
Q2 25
$1.5B
$698.5M
Q1 25
$1.4B
$767.9M
Q4 24
$1.4B
$710.4M
Q3 24
$1.4B
$773.5M
Q2 24
$1.4B
$768.5M
Total Assets
FCF
FCF
IOVA
IOVA
Q1 26
$12.3B
Q4 25
$12.3B
$913.2M
Q3 25
$12.3B
$904.9M
Q2 25
$12.2B
$907.4M
Q1 25
$11.8B
$966.7M
Q4 24
$11.6B
$910.4M
Q3 24
$12.0B
$991.1M
Q2 24
$11.6B
$964.3M
Debt / Equity
FCF
FCF
IOVA
IOVA
Q1 26
0.10×
Q4 25
0.17×
Q3 25
0.17×
Q2 25
0.17×
Q1 25
0.18×
Q4 24
0.19×
Q3 24
0.10×
Q2 24
0.10×

Cash Flow & Capital Efficiency

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

Metric
FCF
FCF
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
FCF
FCF
IOVA
IOVA
Q1 26
Q4 25
$187.5M
$-52.6M
Q3 25
$49.5M
$-78.7M
Q2 25
$30.4M
$-67.4M
Q1 25
$55.9M
$-103.7M
Q4 24
$129.5M
$-73.3M
Q3 24
$53.6M
$-59.0M
Q2 24
$22.7M
$-98.4M
Free Cash Flow
FCF
FCF
IOVA
IOVA
Q1 26
Q4 25
$171.5M
$-61.9M
Q3 25
$-89.5M
Q2 25
$-74.9M
Q1 25
$-109.9M
Q4 24
$113.9M
$-77.5M
Q3 24
$-61.3M
Q2 24
$-98.9M
FCF Margin
FCF
FCF
IOVA
IOVA
Q1 26
Q4 25
124.3%
-71.3%
Q3 25
-132.7%
Q2 25
-124.9%
Q1 25
-222.8%
Q4 24
94.6%
-105.1%
Q3 24
-104.6%
Q2 24
-317.9%
Capex Intensity
FCF
FCF
IOVA
IOVA
Q1 26
Q4 25
11.7%
10.7%
Q3 25
16.1%
Q2 25
12.4%
Q1 25
12.6%
Q4 24
12.9%
5.7%
Q3 24
3.9%
Q2 24
1.4%
Cash Conversion
FCF
FCF
IOVA
IOVA
Q1 26
Q4 25
4.18×
Q3 25
1.20×
Q2 25
0.91×
Q1 25
1.71×
Q4 24
3.61×
Q3 24
1.67×
Q2 24
0.61×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FCF
FCF

Segment breakdown not available.

IOVA
IOVA

Amtagvi$64.9M75%
Proleukin$21.9M25%

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