Immunocore Holdings (IMCR) EBITDA Margin (2021 - 2026)

Immunocore Holdings (IMCR) posted quarterly EBITDA Margin of 6.82% for Q1 2026, up 1068.0% year-on-year from 0.58% in Q1 2025, and up 136.21% on a QoQ basis from 18.85% in Q4 2025.

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

Immunocore Holdings (IMCR) has reported EBITDA Margin for 6 consecutive years, with 6.82% the latest figure, recorded in Q1 2026.

  • Quarterly EBITDA Margin rose 1068.0% year-over-year to 6.82% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.35% (up 592.0% YoY) and the FY2025 annual result came in at 11.34%, up 1138.0% from the prior year.
  • EBITDA Margin improved to 6.82% in Q1 2026 per IMCR's latest filing, from 18.85% in the prior quarter.
  • Over the last five years, EBITDA Margin for IMCR reached as high as 14.98% in Q3 2022 and fell as low as 51.43% in Q2 2022.
  • A 5-year average of 19.97% and a median of 21.53% in 2023 frame the typical range for EBITDA Margin.
  • Annual changes were most pronounced in 2022 — EBITDA Margin surged 53743 bps — and 2023, when it slumped 3679 bps.
  • Year by year, EBITDA Margin stood at 46.45% in 2022, then soared by 48 bps to 24.3% in 2023, then increased by 5 bps to 23.14% in 2024, then rose by 19 bps to 18.85% in 2025, then jumped by 136 bps to 6.82% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 6.82%, 18.85%, and 6.92% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 16.51%
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 38.10%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 17.83%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 31.68%
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Immunocore Holdings 1.80 Bn 957.43 Mn 106.24 Mn 6.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.82%
Dec 31, 2025 -18.85%
Sep 30, 2025 -6.92%
Jun 30, 2025 -15.18%
Mar 31, 2025 -3.85%
Dec 31, 2024 -23.14%
Sep 30, 2024 -10.59%
Jun 30, 2024 -21.24%
Mar 31, 2024 -37.57%
Dec 31, 2023 -24.30%
Sep 30, 2023 -21.81%
Jun 30, 2023 -33.03%
Mar 31, 2023 -26.89%
Dec 31, 2022 -46.45%
Sep 30, 2022 14.98%
Jun 30, 2022 -51.43%
Dec 31, 2021 -573.82%
Sep 30, 2021 -522.45%