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

LATTICE SEMICONDUCTOR CORP is the larger business by last-quarter revenue ($145.8M vs $86.8M, roughly 1.7× IOVANCE BIOTHERAPEUTICS, INC.). On growth, IOVANCE BIOTHERAPEUTICS, INC. posted the faster year-over-year revenue change (17.7% vs 9.3%). LATTICE SEMICONDUCTOR CORP produced more free cash flow last quarter ($44.0M vs $-61.9M). Over the past eight quarters, IOVANCE BIOTHERAPEUTICS, INC.'s revenue compounded faster (1001.6% CAGR vs 8.4%).

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

Lattice Semiconductor Corporation is an American semiconductor company specializing in the design and manufacturing of low power field-programmable gate arrays (FPGAs). Headquartered in the Silicon Forest area of Hillsboro, Oregon, the company also has operations in San Jose, Calif., Shanghai, Manila, Penang, and Singapore. Lattice Semiconductor has more than 1000 employees and an annual revenue of more than $660 million as of 2022. The company was founded in 1983 and went public in 1989. It ...

IOVA vs LSCC — Head-to-Head

Bigger by revenue
LSCC
LSCC
1.7× larger
LSCC
$145.8M
$86.8M
IOVA
Growing faster (revenue YoY)
IOVA
IOVA
+8.4% gap
IOVA
17.7%
9.3%
LSCC
More free cash flow
LSCC
LSCC
$105.9M more FCF
LSCC
$44.0M
$-61.9M
IOVA
Faster 2-yr revenue CAGR
IOVA
IOVA
Annualised
IOVA
1001.6%
8.4%
LSCC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IOVA
IOVA
LSCC
LSCC
Revenue
$86.8M
$145.8M
Net Profit
$-7.6M
Gross Margin
67.4%
68.5%
Operating Margin
-84.7%
30.7%
Net Margin
-5.2%
Revenue YoY
17.7%
9.3%
Net Profit YoY
14.6%
EPS (diluted)
$-0.06

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
IOVA
IOVA
LSCC
LSCC
Q1 26
$145.8M
Q4 25
$86.8M
Q3 25
$67.5M
$133.3M
Q2 25
$60.0M
$124.0M
Q1 25
$49.3M
$120.2M
Q4 24
$73.7M
$117.4M
Q3 24
$58.6M
$127.1M
Q2 24
$31.1M
$124.1M
Net Profit
IOVA
IOVA
LSCC
LSCC
Q1 26
$-7.6M
Q4 25
Q3 25
$-91.3M
$2.8M
Q2 25
$-111.7M
$2.9M
Q1 25
$-116.2M
$5.0M
Q4 24
$16.5M
Q3 24
$-83.5M
$7.2M
Q2 24
$-97.1M
$22.6M
Gross Margin
IOVA
IOVA
LSCC
LSCC
Q1 26
68.5%
Q4 25
67.4%
Q3 25
43.0%
67.9%
Q2 25
5.5%
68.4%
Q1 25
-0.8%
68.0%
Q4 24
68.7%
61.1%
Q3 24
46.2%
69.0%
Q2 24
-0.8%
68.3%
Operating Margin
IOVA
IOVA
LSCC
LSCC
Q1 26
0.7%
Q4 25
-84.7%
Q3 25
-140.7%
-1.2%
Q2 25
-189.8%
3.8%
Q1 25
-245.8%
5.8%
Q4 24
-117.5%
-10.4%
Q3 24
-152.1%
5.9%
Q2 24
-327.6%
18.2%
Net Margin
IOVA
IOVA
LSCC
LSCC
Q1 26
-5.2%
Q4 25
Q3 25
-135.3%
2.1%
Q2 25
-186.2%
2.3%
Q1 25
-235.5%
4.2%
Q4 24
14.1%
Q3 24
-142.7%
5.7%
Q2 24
-312.2%
18.2%
EPS (diluted)
IOVA
IOVA
LSCC
LSCC
Q1 26
$-0.06
Q4 25
Q3 25
$0.02
Q2 25
$-0.33
$0.02
Q1 25
$-0.36
$0.04
Q4 24
$-0.24
$0.12
Q3 24
$-0.28
$0.05
Q2 24
$-0.34
$0.16

Balance Sheet & Financial Strength

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

Metric
IOVA
IOVA
LSCC
LSCC
Cash + ST InvestmentsLiquidity on hand
$297.0M
$133.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$698.6M
$714.1M
Total Assets
$913.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IOVA
IOVA
LSCC
LSCC
Q1 26
$133.9M
Q4 25
$297.0M
Q3 25
$300.8M
$117.9M
Q2 25
$301.2M
$107.2M
Q1 25
$359.7M
$127.6M
Q4 24
$323.8M
$136.3M
Q3 24
$397.5M
$124.3M
Q2 24
$412.5M
$109.2M
Stockholders' Equity
IOVA
IOVA
LSCC
LSCC
Q1 26
$714.1M
Q4 25
$698.6M
Q3 25
$702.3M
$706.4M
Q2 25
$698.5M
$687.0M
Q1 25
$767.9M
$707.9M
Q4 24
$710.4M
$710.9M
Q3 24
$773.5M
$703.5M
Q2 24
$768.5M
$698.8M
Total Assets
IOVA
IOVA
LSCC
LSCC
Q1 26
$883.1M
Q4 25
$913.2M
Q3 25
$904.9M
$844.4M
Q2 25
$907.4M
$808.6M
Q1 25
$966.7M
$823.6M
Q4 24
$910.4M
$843.9M
Q3 24
$991.1M
$853.7M
Q2 24
$964.3M
$827.5M

Cash Flow & Capital Efficiency

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

Metric
IOVA
IOVA
LSCC
LSCC
Operating Cash FlowLast quarter
$-52.6M
$57.6M
Free Cash FlowOCF − Capex
$-61.9M
$44.0M
FCF MarginFCF / Revenue
-71.3%
30.2%
Capex IntensityCapex / Revenue
10.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-336.2M
$153.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IOVA
IOVA
LSCC
LSCC
Q1 26
$57.6M
Q4 25
$-52.6M
Q3 25
$-78.7M
$47.1M
Q2 25
$-67.4M
$38.5M
Q1 25
$-103.7M
$31.9M
Q4 24
$-73.3M
$45.4M
Q3 24
$-59.0M
$44.0M
Q2 24
$-98.4M
$21.9M
Free Cash Flow
IOVA
IOVA
LSCC
LSCC
Q1 26
$44.0M
Q4 25
$-61.9M
Q3 25
$-89.5M
$34.0M
Q2 25
$-74.9M
$31.3M
Q1 25
$-109.9M
$23.3M
Q4 24
$-77.5M
$39.7M
Q3 24
$-61.3M
$39.4M
Q2 24
$-98.9M
$14.8M
FCF Margin
IOVA
IOVA
LSCC
LSCC
Q1 26
30.2%
Q4 25
-71.3%
Q3 25
-132.7%
25.5%
Q2 25
-124.9%
25.2%
Q1 25
-222.8%
19.4%
Q4 24
-105.1%
33.8%
Q3 24
-104.6%
31.0%
Q2 24
-317.9%
11.9%
Capex Intensity
IOVA
IOVA
LSCC
LSCC
Q1 26
9.3%
Q4 25
10.7%
Q3 25
16.1%
9.8%
Q2 25
12.4%
5.8%
Q1 25
12.6%
7.2%
Q4 24
5.7%
4.9%
Q3 24
3.9%
3.7%
Q2 24
1.4%
5.8%
Cash Conversion
IOVA
IOVA
LSCC
LSCC
Q1 26
Q4 25
Q3 25
16.86×
Q2 25
13.23×
Q1 25
6.35×
Q4 24
2.75×
Q3 24
6.12×
Q2 24
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IOVA
IOVA

Amtagvi$64.9M75%
Proleukin$21.9M25%

LSCC
LSCC

Segment breakdown not available.

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