Immunocore Holdings (IMCR) EBITDA (2021 - 2026)

Immunocore Holdings (IMCR) posted quarterly EBITDA of $7.3 million for Q1 2026, up 301.33% year-on-year from $1.8 million in Q1 2025, and up 136.97% on a QoQ basis from -$19.7 million in Q4 2025.

Immunocore Holdings (IMCR) EBITDA (2021 - 2026) Analysis & Trends

Immunocore Holdings (IMCR) has reported EBITDA for 6 consecutive years, with $7.3 million the latest figure, recorded in Q1 2026.

  • Quarterly EBITDA rose 301.33% year-over-year to $7.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$34.5 million (up 27.59% YoY) and the FY2025 annual result came in at -$45.4 million, up 35.63% from the prior year.
  • EBITDA rose to $7.3 million in Q1 2026 per IMCR's latest filing, from -$19.7 million in the prior quarter.
  • Over the last five years, EBITDA for IMCR reached as high as $7.3 million in Q1 2026 and fell as low as -$26.5 million in Q1 2024.
  • A 5-year average of -$13.4 million and a median of -$15.4 million in 2024 frame the typical range for EBITDA.
  • Annual changes were most pronounced in 2023 — EBITDA sank 294.45% — and 2026, when it soared 301.33%.
  • Year by year, EBITDA stood at -$26.2 million in 2022, then soared by 34.88% to -$17.1 million in 2023, then dropped by 14.07% to -$19.5 million in 2024, then dropped by 1.23% to -$19.7 million in 2025, then surged by 136.97% to $7.3 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered $7.3 million, -$19.7 million, and -$7.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -27.75 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 249.90 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.72 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 493.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -445.22 Mn
10 Immunocore Holdings 1.80 Bn 957.43 Mn 106.24 Mn 7.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.28 Mn
Dec 31, 2025 -19.69 Mn
Sep 30, 2025 -7.17 Mn
Jun 30, 2025 -14.88 Mn
Mar 31, 2025 -3.62 Mn
Dec 31, 2024 -19.45 Mn
Sep 30, 2024 -8.50 Mn
Jun 30, 2024 -16.02 Mn
Mar 31, 2024 -26.49 Mn
Dec 31, 2023 -17.05 Mn
Sep 30, 2023 -14.14 Mn
Jun 30, 2023 -19.74 Mn
Mar 31, 2023 -14.70 Mn
Dec 31, 2022 -26.19 Mn
Sep 30, 2022 7.27 Mn
Jun 30, 2022 -20.73 Mn
Dec 31, 2021 -51.00 Mn
Sep 30, 2021 -42.67 Mn