Iovance Biotherapeutics (IOVA) Operating Expenses (2010 - 2026)
Iovance Biotherapeutics (IOVA) reported Operating Expenses of $151.22 million for Q2 2026, down 13.0% from $173.73 million a year earlier and down 0.8% from the prior quarter.
Iovance Biotherapeutics (IOVA) Operating Expenses (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Iovance Biotherapeutics' Operating Expenses came in at $626.28 million, down 4.0% year-over-year; for FY2025, it was $666.86 million, up 19.2% from FY2024.
- Operating Expenses has increased for 11 consecutive years, with a five-year compound annual growth rate of 20.6% (FY2020 to FY2025).
- By year, Operating Expenses came in at $559.35 million in FY2024 (+21.1%), $461.75 million in FY2023 (+15.8%), $398.88 million in FY2022 (+16.4%) and $342.7 million in FY2021 (+30.8%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Expenses since Q3 2024.
- Year over year, Operating Expenses gained in five of the last eight quarters, with growth averaging 14.6%.
- The high point for year-over-year Operating Expenses in five years was Q3 2021 (growth of 46.3%); the low point was Q2 2026 (a decline of 13.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $152.47 million (Q1 2026), $160.23 million (Q4 2025) and $162.36 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 2.09 Bn |
| 10 | Iovance Biotherapeutics | 4.98 Bn | 3.77 Bn | 55.72 Mn | 151.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 151.22 Mn |
| Mar 31, 2026 | 152.47 Mn |
| Dec 31, 2025 | 160.23 Mn |
| Sep 30, 2025 | 162.36 Mn |
| Jun 30, 2025 | 173.73 Mn |
| Mar 31, 2025 | 170.55 Mn |
| Dec 31, 2024 | 160.27 Mn |
| Sep 30, 2024 | 147.62 Mn |
| Jun 30, 2024 | 133.02 Mn |
| Mar 31, 2024 | 118.44 Mn |
| Dec 31, 2023 | 121.74 Mn |
| Sep 30, 2023 | 118.83 Mn |
| Jun 30, 2023 | 110.32 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 |
Iovance Biotherapeutics Operating Expenses 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=operating-expenses&ticker=IOVA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "IOVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=IOVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();