Innate Pharma (IPHA) FCF Margin (2019 - 2025)

Innate Pharma (IPHA) posted quarterly FCF Margin of 5.02% for Q4 2025, up 193.0% year-on-year from 1.71% in Q4 2024, and up 62.16% on a QoQ basis from 3.1% in Q4 2024.

Innate Pharma (IPHA) FCF Margin (2019 - 2025) Analysis & Trends

Innate Pharma (IPHA) has reported FCF Margin for 7 consecutive years, with 5.02% the latest figure, recorded in Q4 2025.

  • Quarterly FCF Margin rose 193.0% year-over-year to 5.02% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.33% (down 10.0% YoY) and the FY2025 annual result came in at 587.4%, down 55118.0% from the prior year.
  • FCF Margin grew to 5.02% in Q4 2025 per IPHA's latest filing, from 3.1% in the prior quarter.
  • Over the last five years, FCF Margin for IPHA reached as high as 7.67% in Q4 2021 and fell as low as 3.41% in Q2 2024.
  • A 5-year average of 1.63% and a median of 0.34% in 2023 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2021 — FCF Margin jumped 605 bps — and 2022, when it slumped 767 bps.
  • Year by year, FCF Margin stood at 7.67% in 2021, then tumbled by 100 bps to 0.0% in 2022, then surged by 62574 bps to 0.68% in 2023, then soared by 358 bps to 3.1% in 2024, then soared by 62 bps to 5.02% in 2025.
  • According to Business Quant data, FCF Margin over the past three periods registered 5.02%, 3.1%, and 3.41% for Q4 2025, Q4 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 10.45%
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 43.35%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 23.53%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Innate Pharma 157.68 Mn 157.68 Mn - 5.02%

Historic Data

Download Data
DateValue
Dec 31, 2025 5.02%
Dec 31, 2024 3.10%
Jun 30, 2024 -3.41%
Dec 31, 2023 0.68%
Jun 30, 2023 0.01%
Dec 31, 2022 0.00%
Jun 30, 2022 0.01%
Dec 31, 2021 7.67%
Dec 31, 2020 1.62%
Dec 31, 2019 1.84%