Iovance Biotherapeutics (IOVA) EBITDA (2010 - 2026)

Iovance Biotherapeutics (IOVA) posted quarterly EBITDA of -$81.0 million for Q1 2026, up 33.14% year-over-year from -$60.9 million in Q1 2025, and down 10.32% quarter-over-quarter from -$73.5 million in Q4 2025.

Iovance Biotherapeutics (IOVA) EBITDA (2010 - 2026) Analysis & Trends

Iovance Biotherapeutics (IOVA) has reported EBITDA for 17 consecutive years, with -$81.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA rose 33.14% year-over-year to -$81.0 million; the TTM figure through Mar 2026 stood at -$363.2 million (up 8.93% YoY), while the FY2025 annual figure was -$403.4 million, down 2.04% from the prior year.
  • EBITDA slipped to -$81.0 million in Q1 2026 per IOVA's latest filing, from -$73.5 million in the prior quarter.
  • Across five years, EBITDA topped out at -$73.5 million in Q4 2025 and bottomed at -$121.3 million in Q4 2023.
  • Historically, EBITDA has averaged -$102.3 million across 5 years, with a median of -$101.9 million in 2024.
  • Annual changes were most pronounced in 2022 — EBITDA fell 22.48% — and 2026, when it surged 33.14%.
  • Iovance Biotherapeutics' EBITDA stood at -$107.0 million in 2022, then fell by 13.29% to -$121.3 million in 2023, then grew by 28.6% to -$86.6 million in 2024, then rose by 15.15% to -$73.5 million in 2025, then decreased by 10.32% to -$81.0 million in 2026.
  • Business Quant data shows IOVA's EBITDA at -$81.0 million in Q1 2026, -$73.5 million in Q4 2025, and -$94.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 1.25 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 1.29 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 493.00 Mn
4 Revolution Medicines 43.64 Bn 43.64 Bn - -505.13 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 325.05 Mn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -2.33 Bn
7 Royalty Pharma 33.72 Bn 35.84 Bn - 133.12 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 231.44 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -1.55 Mn
10 Iovance Biotherapeutics 3.16 Bn 2.86 Bn 55.72 Mn -51.91 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -51.91 Mn
Mar 31, 2026 -81.04 Mn
Dec 31, 2025 -73.46 Mn
Sep 30, 2025 -94.90 Mn
Jun 30, 2025 -113.77 Mn
Mar 31, 2025 -121.22 Mn
Dec 31, 2024 -86.58 Mn
Sep 30, 2024 -89.07 Mn
Jun 30, 2024 -101.91 Mn
Mar 31, 2024 -117.72 Mn
Dec 31, 2023 -121.26 Mn
Sep 30, 2023 -118.36 Mn
Jun 30, 2023 -110.09 Mn
Mar 31, 2023 -110.86 Mn
Dec 31, 2022 -107.04 Mn
Sep 30, 2022 -100.40 Mn
Jun 30, 2022 -99.73 Mn
Mar 31, 2022 -91.71 Mn
Dec 31, 2021 -99.47 Mn
Sep 30, 2021 -86.24 Mn