Iovance Biotherapeutics, Inc.

IOVA Healthcare Biotechnology

Iovance Biotherapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $263.5 million, up 60.6% from fiscal 2024.

Revenue
+80.1%
EPS
+80.0%
Free cash flow
+89.7%

Quarter to September 2026, against a year earlier

7.99 0.25 +3.23%
Market cap
$3.5B
P/E
0.0×
Fwd P/E
−18.9×
Dividend yield
—
F-score
4/9
Altman Z
−2.30
Beneish M
−2.46
Dividend safety
n/a

Iovance Biotherapeutics, Inc. (IOVA) Gross margin

Alert me on Gross margin

Iovance Biotherapeutics, Inc.'s gross margin over the twelve months to 30 September 2026 was 0.00%, down 34.3 percentage points from fiscal 2025 (34.3%). That is below the Biotechnology industry median of 65.2% and below the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 34.3% (8.89)
FY2024 43.2% 30.05
FY2023 13.1% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 0.00% (56.10)
Jun 2026 56.1% 15.60
Mar 2026 40.5% (9.82)
Dec 2025 50.3% 7.36
10 more quarters

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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