NASDAQ$IOVA

Iovance Biotherapeutics Inc. · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Iovance reported Q1 2026 product revenue of $71.4M and a net loss of $79.0M ($0.19 per share) on Amtagvi launch scale-up.

Q1 2026 product revenue was $71.4 million (+45% YoY) driven by Amtagvi and Proleukin. Net loss narrowed to $79.0 million from $116.2 million; loss per share was $0.19 versus $0.43. R&D was $62.5 million and SG&A $38.9 million. Cash, investments, and restricted cash totaled $319.4 million at March 31, 2026.

  • Product revenue $71.4M (+45% YoY).
  • Net loss $(79.0)M; EPS $(0.19) vs $(0.43).
  • Loss from operations $(81.0)M.
  • Cash and investments $319.4M.
  • Amtagvi launch driving revenue ramp.

Headline financials

Total Revenue

$71.4M

Previous: $49.3M+44.8%
EPS (adj)

-$0.19

Previous: -$0.36+47.2%
Capital Expenditures

-$6.61M

Previous: -$6.21M-6.4%
Net Income

-$79M

Previous: -$116M+32.0%
Operating Income

-$81M

Previous: -$121M+33.1%

Revenue & EPS history

Iovance · Revenue · Quarterly

$71.4M

Q1 2026+44.8%vs Q1 2025
Beat estimate in 4 of 12 quarters(33%)
ActualEstimate

Forward guidance

Filings emphasize Amtagvi manufacturing capacity, center activation, and cash runway rather than near-term profitability guidance.

Tailwinds

  • Revenue ramp and narrower loss YoY.
  • Strong cash balance post ATM activity.

Headwinds

  • Still deeply loss-making at operating line.
  • Cell therapy manufacturing and launch costs remain elevated.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-1.0%

Avg return

Earnings day

+2.1%

Avg return

5 days after

-1.2%

Avg return

30 days after

37%

20 / 54 earnings

Positive

+36.3%

Q4 2019

Best reaction

-45.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-13.2%-12.7%+3.4%
Q4 2025+30.1%+33.6%+27.7%
Q3 2025+27.9%+46.4%+21.5%
Q1 2025-45.1%-46.1%-35.3%
Q4 2024-19.4%-23.0%-32.3%
Q3 2024-12.8%-20.2%-25.6%
Q2 2024+35.3%+46.5%+36.6%
Q1 2024-18.1%-19.9%-41.9%
Q4 2023-8.9%+72.3%+67.9%
Q3 2023-3.5%-8.1%+55.8%
Q2 2023+7.8%+0.1%-17.7%
Q1 2023+7.9%+5.5%+13.0%
Q4 2022+1.8%+2.5%-14.2%
Q3 2022+0.0%-7.0%-23.1%
Q2 2022+1.2%-0.2%-8.8%
Q1 2022-12.4%-17.2%-52.4%
Q4 2021+10.2%+9.4%+20.5%
Q3 2021+0.6%-0.2%-33.4%
Q2 2021+3.2%+2.1%+10.1%
Q1 2021-2.4%-9.3%-38.7%
Q4 2020-5.4%-5.3%-27.3%
Q3 2020+2.2%-3.7%+8.9%
Q2 2020-5.3%-8.8%-0.7%
Q1 2020+1.2%+12.0%-4.3%
Q4 2019+36.3%+33.3%+29.4%
Q3 2019-0.7%+7.5%+12.5%
Q2 2019-3.5%-8.6%-14.6%
Q1 2019-5.5%-3.2%+61.2%
Q4 2018-1.7%+7.8%-9.0%
Q3 2018-3.2%-5.1%+5.3%
Q2 2018+6.9%+6.5%+23.3%
Q1 2018+0.7%+1.0%-16.2%
Q4 2017-8.6%-11.8%-21.2%
Q3 2017-6.5%+2.0%+18.3%
Q2 2017-5.1%-4.3%-1.7%
Q1 2017-9.8%-11.7%-24.8%
Q4 2016-1.3%+2.7%-10.1%
Q3 2016+5.1%+19.7%+2.6%
Q2 2016-2.1%-1.5%-11.1%
Q1 2016+4.4%
Q4 2015-5.4%
Q3 2015
Q4 2014+18.7%
Q1 2013-2.8%
Q2 2013-2.8%
Q4 2012+0.0%
Q3 2012-20.0%
Q2 2012-26.0%
Q1 2012+2.6%
Q4 2011-0.9%
Q3 2011-0.8%
Q2 2011-7.1%
Q1 2011+6.1%
Q4 2010+0.0%
Q3 2010-4.5%
Q2 2010
Q1 2010

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