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Beam Therapeutics vs Immunitybio

Beam Therapeutics is the larger business, with $140m of revenue in fiscal 2025 against $113m for Immunitybio (1.2 times as much). Immunitybio grew faster (668.3% against 120.0%). Beam Therapeutics kept more of each dollar of sales as profit: a net margin of -57.2% against -310.2%.

Latest fiscal yearBeam TherapeuticsBEAM, 2025ImmunitybioIBRX, 2025
Revenue $140m $113m
Revenue growth 120.0% 668.3%
Net income −$80.0m −$351m
Operating margin -274.6% -226.0%
Net margin -57.2% -310.2%
Return on equity -8.1% —
Free cash flow −$360m −$309m
Cash $295m $88.3m
Total debt $0 $326m
Debt to equity 0.0% —
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 511 691
Market value $2.74bn $8.69bn
Price vs our value range — —
Moat score 9 (Weak) 8 (Weak)
Insider trades, 12 months 0 buys, 31 sales 0 buys, 16 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.