IOVA

Iovance Biotherapeutics, Inc. Health Care Biological Products, (No Diagnostic Substances) Russell 3000
$8.48Close $3.5BMarket cap $1.81 – $14.8652-week range Nov 5, 2026Next report · before the open

Highlights

Strengths

  • Leading the market RS 99 · stronger than 99% of stocks over 12 months

Cautions

  • Trend not confirmed 6 of 8 conditions · under the 50-day, over 25% off the high
  • Far from its high 43% below its 52-week high
  • Results soon Nov 5, 2026, in 4 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 6, 2026
Off 12-month high 43%
1wk down 39.8% price change
1mo down 42.8% price change
12-month return up 335% market up 11% · its own up 313%
F-score 4 / 9 Weak
Altman Z 4.74 Low risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 5.0× price / book
Earnings yield down 12.1% EBIT / enterprise value
Cheaper than 17% of the market · expensive
Revenue growth up 61% year on year
EPS growth — latest quarter
Sales growth up 66% latest quarter · +21 pts
ROE down 56% return on equity
Free cash margin down 128% -$336.2M FCF
D/E — long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest
Piotroski tests
  • not yet profitable on its assets
  • operating cash flow is negative
  • short-term liquidity weakened
  • issued more shares
  • gross margin narrowed
  • profitability improving
  • profits backed by cash
  • reduced long-term debt
  • assets working harder

Trade setup

ATR% 14.6% $1.23 a day · 2×ATR $6.01
RS 99 / 99 vs the universe
Trend 6 / 8 under the 50-day, over 25% off the high
Relative volume 1.9× vs 50-day average
Up/down volume 1.09 50 sessions
Implied move — no option chain · report Nov 5, 2026
Trend template · 6 of 8
  • Price above the 50-day average: fails
  • Within 25% of the 52-week high: fails

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Shareholders diluted The share count rose 35.0% over the year, from 305m to 412m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
  • Gross margin narrowing Gross margin fell from 43.2% to 34.3%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Aug 6, 2026
Last shock Oct 29, 2026-35% in one session3.7× volumeon an SEC filing-11% since

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $263.5M +61% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 FY2021 FY2022 FY2023 · $1.2M FY2024 · $164.1M FY2025 · $263.5M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$391.0M
-$500M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$259.6M FY2021 · -$342.3M FY2022 · -$395.9M FY2023 · -$444.0M FY2024 · -$372.2M FY2025 · -$391.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$336.2M
-$500M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$251.9M FY2021 · -$265.5M FY2022 · -$313.2M FY2023 · -$384.1M FY2024 · -$364.0M FY2025 · -$336.2M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 34%
  • Net -148%
  • Free cash -128%
-50000% 0% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 FY2021 FY2022 FY2023 · Gross 13% · Net -37342% · Free cash -32305% FY2024 · Gross 43% · Net -227% · Free cash -222% FY2025 · Gross 34% · Net -148% · Free cash -128%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $250M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $67.3M FY2021 · Cash $78.2M · Long-term debt $1.0M FY2022 · Cash $231.7M · Long-term debt $1.0M FY2023 · Cash $114.9M · Long-term debt $1.0M FY2024 · Cash $115.7M · Long-term debt $1.0M FY2025 · Cash $163.1M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 411.94m +178.6% since FY2020
411.94m 147.87m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 147.87m FY2021 · 157m FY2022 · 187.81m FY2023 · 256.14m FY2024 · 305.25m FY2025 · 411.94m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue — — — $1.2M $164.1M $263.5M
Gross margin — — — 13% 43% 34%
Operating income -$261.9M -$342.7M -$398.9M -$460.6M -$395.3M -$403.4M
Net income -$259.6M -$342.3M -$395.9M -$444.0M -$372.2M -$391.0M
Net margin — — — -37342% -227% -148%
Earnings per share -$1,876.93 -$2,231.33 -$2,485.89 -$1,888.31 -$1,283.99 -$1,094.18
Free cash flow -$251.9M -$265.5M -$313.2M -$384.1M -$364.0M -$336.2M
Free cash margin — — — -32305% -222% -128%
Cash $67.3M $78.2M $231.7M $114.9M $115.7M $163.1M
Long-term debt — $1.0M $1.0M $1.0M $1.0M —
Shareholders' equity $656.5M $621.7M $499.6M $584.6M $710.4M $698.6M
Shares outstanding 147.87m 157m 187.81m 256.14m 305.25m 411.94m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 7, 2026 Quarterly ↗ Mar 31, 2026 37d
Feb 24, 2026 Annual ↗ Dec 31, 2025 55d
Nov 6, 2025 Quarterly ↗ Sep 30, 2025 37d
Aug 7, 2025 Quarterly ↗ Jun 30, 2025 38d
May 8, 2025 Quarterly ↗ Mar 31, 2025 38d
Feb 27, 2025 Annual ↗ Dec 31, 2024 58d
Nov 7, 2024 Quarterly ↗ Sep 30, 2024 38d
Aug 8, 2024 Quarterly ↗ Jun 30, 2024 39d
May 9, 2024 Quarterly ↗ Mar 31, 2024 39d
Feb 28, 2024 Annual ↗ Dec 31, 2023 59d
Nov 7, 2023 Quarterly ↗ Sep 30, 2023 38d

Current reports

FiledDisclosed
Oct 29, 2026 Other events ↗
Oct 5, 2026 Other events ↗
Sep 29, 2026 Other events ↗
Aug 6, 2026 Other events ↗
Aug 6, 2026 Results ↗
Jul 2, 2026 Other events ↗
Jun 10, 2026 Shareholder vote · Other events ↗
May 7, 2026 Results ↗
Mar 20, 2026 Director or officer change ↗
Feb 24, 2026 Results · Other events ↗
Jan 9, 2026 Other events ↗
Nov 6, 2025 Results ↗