Immunocore Holdings (IMCR) FCF Margin (2021 - 2026)
Immunocore Holdings (IMCR) posted FCF Margin of 14.58% for Q1 2026, up 57.13% sequentially from 34.01% in Q4 2025, and down 1473.0% YoY from 1.06% in Q1 2025.
Analysis
Immunocore Holdings (IMCR) FCF Margin (2021 - 2026) Analysis & Trends
Immunocore Holdings has reported FCF Margin for 6 years, with the latest figure at 14.58% in Q1 2026.
- Quarterly FCF Margin fell 1473.0% year-over-year to 14.58% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.45% (down 1525.0% YoY) and the FY2025 annual result came in at 3.76%, down 1050.0% from the prior year.
- FCF Margin advanced to 14.58% in Q1 2026 per IMCR's latest filing, from 34.01% in the prior quarter.
- Over five years, FCF Margin peaked at 30.69% in Q2 2024 and troughed at 34.01% in Q4 2025.
- A 5-year average of 2.32% and a median of 5.39% in 2022 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2023: FCF Margin jumped 45041 bps in 2022, then sank 3708 bps in 2023.
- Over 5 years, FCF Margin stood at 10.64% in 2022, then slumped by 348 bps to 26.44% in 2023, then gained by 21 bps to 20.86% in 2024, then tumbled by 63 bps to 34.01% in 2025, then soared by 57 bps to 14.58% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 14.58%, 34.01%, and 5.02% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.51 Bn | 130.66 Bn | 2.84 Bn | 30.39% |
| 2 | Regeneron Pharmaceuticals | 85.24 Bn | 77.25 Bn | 3.93 Bn | 13.35% |
| 3 | Argenx Se | 63.46 Bn | 58.28 Bn | 1.37 Bn | - |
| 4 | Moderna | 57.89 Bn | 52.75 Bn | 52.00 Mn | -388.28% |
| 5 | Revolution Medicines | 44.02 Bn | 44.02 Bn | - | - |
| 6 | BeOne Medicines | 39.95 Bn | 34.85 Bn | 1.53 Bn | 25.68% |
| 7 | Alnylam Pharmaceuticals | 35.49 Bn | 32.19 Bn | 992.69 Mn | 22.62% |
| 8 | Royalty Pharma | 28.43 Bn | 27.59 Bn | - | 70.82% |
| 9 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | -22.35% |
| 10 | Immunocore Holdings | 1.85 Bn | 965.03 Mn | 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% |