Inovio Pharmaceuticals INO Revenue Breakdown

NASDAQ INO
$0.90 +0.06 (+6.94%)
At close: Oct 23, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Inovio Pharmaceuticals, fiscal 2016 to 2023, as reported in its filings.
Annual history

Inovio Pharmaceuticals Revenue by Customer

Years FY 2016–2023
Lines 2
FY 2023 Total $832.01K

All Other, Including Affiliated Entity was Inovio Pharmaceuticals’s largest revenue line in fiscal 2023, bringing in $586.95K of $832.01K (71%).

Inovio Pharmaceuticals revenue by customer, fiscal 2016 to 2023
Customer FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023
All Other, Including Affiliated Entity — — — $586.95K
Apollobio Corporation — — — $245.06K
Total $7.41M $1.77M $10.26M $832.01K
Totals include 10 discontinued lines from earlier reporting.

Inovio Pharmaceuticals revenue by customer: what the figures show

Inovio Pharmaceuticals brought in $832.01K from its two revenue lines in fiscal 2023, the year ended December 31, 2023. Inovio Pharmaceuticals regrouped these revenue lines after fiscal 2022, so the total does not compare directly with that year's $10.26M. All Other, Including Affiliated Entity was the largest at $586.95K (70.5%), ahead of Apollobio Corporation at $245.06K (29.5%).

Inovio Pharmaceuticals began breaking out All Other, Including Affiliated Entity in fiscal 2023 and Apollobio Corporation in fiscal 2023. Inovio Pharmaceuticals stopped reporting U.S. Department Of Defense ($9.59M in fiscal 2022), Advaccine ($5.00M in fiscal 2020), All Other, Including Affiliated Entities ($636.89K in fiscal 2022) and one other as separate revenue lines.

Annual history

Inovio Pharmaceuticals Revenue by Product & Service

Years FY 2016–2019
Lines 4
FY 2019 Total $4.11M

Revenue Under Collaborative Research & Development Arrangements was Inovio Pharmaceuticals’s largest product and service line in fiscal 2019, bringing in $3.64M of $4.11M (88%).

Inovio Pharmaceuticals revenue by product and service, fiscal 2016 to 2019
Product and Service FY 2016 FY 2017 FY 2018 FY 2019
Revenue Under Collaborative Research & Development Arrangements $6.49M $28.41M $29.86M $3.64M
Revenue Under Collaborative Research & Development Arrangements From Affiliated Entities — — $449.52K $235.65K
Other Revenue — — $171.59K $237.54K
Other Revenue From Affiliated Entities — — — $1.80K
Total $35.37M $42.22M $30.48M $4.11M
Totals include 5 discontinued lines from earlier reporting.

Inovio Pharmaceuticals revenue by product and service: what the figures show

Inovio Pharmaceuticals brought in $4.11M from its four product and service lines in fiscal 2019, the year ended December 31, 2019. Inovio Pharmaceuticals regrouped these lines after fiscal 2018, so the total does not compare directly with that year's $30.48M. Revenue Under Collaborative Research & Development Arrangements was the largest at $3.64M (88.4%), ahead of Other Revenue at $237.54K (5.8%) and Revenue Under Collaborative Research & Development Arrangements From Affiliated Entities at $235.65K (5.7%). The remaining line, Other Revenue From Affiliated Entities, brought in $1.80K.

Compared with fiscal 2018, Other Revenue grew fastest, up 38.4% to $237.54K, while Revenue Under Collaborative Research & Development Arrangements fell the most, down 87.8% to $3.64M.

Inovio Pharmaceuticals began breaking out Revenue Under Collaborative Research & Development Arrangements From Affiliated Entities in fiscal 2018, Other Revenue in fiscal 2018 and Other Revenue From Affiliated Entities in fiscal 2019. Inovio Pharmaceuticals stopped reporting Grants & Miscellaneous Revenue ($27.14M in fiscal 2016), Miscellaneous Revenue, Including From Affiliated Entities ($10.47M in fiscal 2017), Grants & Miscellaneous Revenue From Affiliated Entity ($2.57M in fiscal 2017) and two others as separate lines.

Questions

Inovio Pharmaceuticals Revenue Breakdown FAQ

How does Inovio Pharmaceuticals make money?

Inovio Pharmaceuticals (INO) reports its revenue by customer and by product and service. In fiscal 2023, All Other, Including Affiliated Entity was its largest revenue line, bringing in $586.95K (70.5% of the total), followed by Apollobio Corporation at $245.06K (29.5%).

What is Inovio Pharmaceuticals' largest revenue line?

All Other, Including Affiliated Entity was Inovio Pharmaceuticals' largest revenue line in fiscal 2023, bringing in $586.95K, or 70.5% of the $832.01K total across its two revenue lines.

What is Inovio Pharmaceuticals' largest product and service line?

Revenue Under Collaborative Research & Development Arrangements was Inovio Pharmaceuticals' largest product and service line in fiscal 2019, bringing in $3.64M, or 88.4% of the $4.11M total across its four product and service lines.

Where does this revenue breakdown data come from?

Every figure comes from Inovio Pharmaceuticals' annual financial filings, as reported. Each line keeps the name Inovio Pharmaceuticals gives it, and years follow its fiscal calendar.

How far back does Inovio Pharmaceuticals' revenue breakdown go?

Inovio Pharmaceuticals' revenue by customer goes back to fiscal 2016, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.