Immunocore Holdings (IMCR) Net Margin (2021 - 2026)
Immunocore Holdings (IMCR) reported Net Margin of -0.70% for Q2 2026, up 9.82 percentage points from -10.51% a year earlier but down 12.86 percentage points from the prior quarter.
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Analysis
Immunocore Holdings (IMCR) Net Margin (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Immunocore Holdings' Net Margin came in at -4.20%, up 1.51 percentage points year-over-year; for FY2025, it came in at -8.88%, up 7.59 percentage points from FY2024.
- Net Margin has increased for four consecutive years, with a five-year change of +237.16 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at -16.47% in FY2024 (+5.70 pp), -22.17% in FY2023 (+5.57 pp), -27.73% in FY2022 (+468.27 pp) and -496.00% in FY2021 (-249.96 pp).
- Five-year quarterly Net Margin spans a low of -597.44% in Q4 2021 and a high of 15.12% in Q3 2022.
- Year over year, Net Margin gained in five of the last eight quarters, with an average year-over-year change of +7.41 percentage points.
- The high point for year-over-year Net Margin in five years was Q4 2022 (a gain of 545.00 percentage points); the low point was Q3 2023 (a drop of 13.72 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.16% (Q1 2026), -28.77% (Q4 2025) and -0.17% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,165.22 Bn | 1,133.81 Bn | 19.71 Bn | 30.88% |
| 2 | Johnson & Johnson | 646.28 Bn | 566.14 Bn | 17.30 Bn | 0.83% |
| 3 | AbbVie | 503.17 Bn | 476.28 Bn | 12.70 Bn | 21.27% |
| 4 | Merck | 365.23 Bn | 319.60 Bn | 12.21 Bn | -8.04% |
| 5 | Novartis Ag | 302.66 Bn | 266.65 Bn | 11.24 Bn | 22.65% |
| 6 | Astrazeneca | 267.39 Bn | 241.08 Bn | 12.86 Bn | 16.30% |
| 7 | Amgen | 241.61 Bn | 197.01 Bn | 7.24 Bn | 23.62% |
| 8 | Gilead Sciences | 194.67 Bn | 168.86 Bn | 6.22 Bn | -134.51% |
| 9 | Pfizer | 172.91 Bn | 119.55 Bn | 10.94 Bn | -1.65% |
| 10 | Immunocore Holdings | 1.64 Bn | -1.84 Bn | 114.84 Mn | -0.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.70% |
| Mar 31, 2026 | 12.16% |
| Dec 31, 2025 | -28.77% |
| Sep 30, 2025 | -0.17% |
| Jun 30, 2025 | -10.51% |
| Mar 31, 2025 | 5.35% |
| Dec 31, 2024 | -28.28% |
| Sep 30, 2024 | 10.89% |
| Jun 30, 2024 | -15.41% |
| Mar 31, 2024 | -34.66% |
| Dec 31, 2023 | -28.12% |
| Sep 30, 2023 | 1.40% |
| Jun 30, 2023 | -29.48% |
| Mar 31, 2023 | -35.58% |
| Dec 31, 2022 | -52.44% |
| Sep 30, 2022 | 15.12% |
| Jun 30, 2022 | -50.40% |
| Dec 31, 2021 | -597.44% |
| Sep 30, 2021 | -508.68% |
API Access
Immunocore Holdings Net 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=net-margin&ticker=IMCR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=IMCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();