Iovance Biotherapeutics IOVA
NASDAQ IOVA
$14.44 +3.45 (+31.35%)
As of: Sep 29, 2026 · 3:59 PM EDT

Iovance Biotherapeutics (IOVA) Gross Margin (2023 - 2026)

Updated

Iovance Biotherapeutics (IOVA) posted Gross Margin of 56.10% for Q2 2026, up 37.64 percentage points from 18.47% a year earlier and up 15.60 percentage points from the prior quarter.

Analysis

Iovance Biotherapeutics (IOVA) Gross Margin (2023 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, Gross Margin at Iovance Biotherapeutics was 48.40%, up 15.02 percentage points year-over-year; for FY2025, it came in at 34.28%, down 8.89 percentage points from FY2024.

  • In prior years, Iovance Biotherapeutics' Gross Margin was 43.17% in FY2024 (+30.05 pp) and 13.12% in FY2023.
  • The Q2 2026 figure stands as the highest quarterly Gross Margin since Q4 2023.
  • On a year-over-year basis, Gross Margin has increased in each of the last three quarters, with an average year-over-year change of +90.03 percentage points over the last eight quarters.
  • The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2025, with a gain of 928.92 percentage points; the weakest was Q4 2024, with a drop of 1162.69 percentage points.
  • According to Business Quant data, Gross Margin for the three prior quarters was 40.50% (Q1 2026), 50.32% (Q4 2025) and 42.96% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Johnson & Johnson 655.56 Bn 574.09 Bn 17.26 Bn 68.19%
2 AbbVie 470.94 Bn 444.10 Bn 12.70 Bn 74.74%
3 Merck 367.14 Bn 321.57 Bn 12.21 Bn 73.54%
4 Novartis Ag 280.33 Bn 236.20 Bn 11.24 Bn 78.02%
5 Astrazeneca 257.78 Bn 231.34 Bn 12.86 Bn 83.60%
6 Amgen 226.04 Bn 181.44 Bn 7.24 Bn 72.04%
7 Gilead Sciences 188.89 Bn 163.01 Bn 6.22 Bn 79.76%
8 Pfizer 163.75 Bn 110.70 Bn 10.94 Bn 72.78%
9 Vertex Pharmaceuticals 133.68 Bn 105.69 Bn 2.84 Bn 85.33%
10 Iovance Biotherapeutics 4.98 Bn 3.77 Bn 55.72 Mn 56.10%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 56.10%
Mar 31, 2026 40.50%
Dec 31, 2025 50.32%
Sep 30, 2025 42.96%
Jun 30, 2025 18.47%
Mar 31, 2025 13.40%
Dec 31, 2024 48.72%
Sep 30, 2024 46.17%
Jun 30, 2024 -0.84%
Mar 31, 2024 -915.52%
Dec 31, 2023 1,211.41%
Sep 30, 2023 -825.37%
Jun 30, 2023 -761.34%
API Access

Iovance Biotherapeutics Gross 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=gross-margin&ticker=IOVA&period=max&api_key=YOUR_API_KEY