Growth Metrics

Immunocore Holdings (IMCR) Net Margin (2023 - 2025)

Immunocore Holdings' Net Margin history spans 3 years, with the latest figure at 28.74% for Q4 2025.

  • For Q4 2025, Net Margin fell 51.0% year-over-year to 28.74%; the TTM value through Dec 2025 reached 8.88%, up 759.0%, while the annual FY2025 figure was 8.88%, 759.0% up from the prior year.
  • Net Margin for Q4 2025 was 28.74% at Immunocore Holdings, down from 0.17% in the prior quarter.
  • Across five years, Net Margin topped out at 10.83% in Q3 2024 and bottomed at 35.6% in Q1 2023.
  • The 3-year median for Net Margin is 21.76% (2023), against an average of 16.03%.
  • The largest YoY upside for Net Margin was 4001bps in 2025 against a maximum downside of -1100bps in 2025.
  • A 3-year view of Net Margin shows it stood at 28.12% in 2023, then decreased by 0bps to 28.23% in 2024, then fell by -2bps to 28.74% in 2025.
  • Per Business Quant, the three most recent readings for IMCR's Net Margin are 28.74% (Q4 2025), 0.17% (Q3 2025), and 10.55% (Q2 2025).