Immunocore Holdings (IMCR) FCF Margin (2021 - 2026)
Immunocore Holdings (IMCR) recorded FCF Margin of 13.06% in Q2 2026, down 13.02 percentage points from 26.08% a year earlier but up 27.64 percentage points from the prior quarter.
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Analysis
Immunocore Holdings (IMCR) FCF Margin (2021 - 2026) Analysis & Trends
On a TTM basis, Immunocore Holdings' FCF Margin came in at -9.55% as of Jun 30, 2026, down 17.54 percentage points year-over-year; for FY2025, it came in at -3.76%, down 10.50 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +209.84 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 6.73% in FY2024 (+7.73 pp), -1.00% in FY2023 (+17.62 pp), -18.62% in FY2022 (+347.63 pp) and -366.25% in FY2021 (-152.65 pp).
- Quarterly FCF Margin has ranged from -251.93% in Q4 2021 to 30.69% in Q2 2024 over the past five years.
- On a year-over-year basis, FCF Margin has declined for five consecutive quarters, with an average year-over-year change of -6.61 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 262.57 percentage points in Q4 2022, against a drop of 37.08 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -14.58% (Q1 2026), -34.01% (Q4 2025) and -5.02% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 28.82% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 18.33% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 26.96% |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 43.05% |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 34.72% |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 34.70% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 44.00% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.01% |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 30.39% |
| 10 | Immunocore Holdings | 1.58 Bn | -1.90 Bn | 114.84 Mn | 13.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.06% |
| Mar 31, 2026 | -14.58% |
| Dec 31, 2025 | -34.01% |
| Sep 30, 2025 | -5.02% |
| Jun 30, 2025 | 26.08% |
| Mar 31, 2025 | 0.15% |
| Dec 31, 2024 | -20.86% |
| Sep 30, 2024 | 25.30% |
| Jun 30, 2024 | 30.69% |
| Mar 31, 2024 | -7.12% |
| Dec 31, 2023 | -26.44% |
| Sep 30, 2023 | 15.23% |
| Jun 30, 2023 | -2.26% |
| Mar 31, 2023 | 13.79% |
| Dec 31, 2022 | 10.64% |
| Sep 30, 2022 | 18.69% |
| Dec 31, 2021 | -251.93% |
API Access
Immunocore Holdings FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=IMCR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "IMCR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=IMCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();