undamentalytics Newsletter

Iovance Biotherapeutics vs Vericel

Iovance Biotherapeutics and Vericel are similar in size: $264m and $276m of revenue in their latest fiscal years. Iovance Biotherapeutics grew faster (60.6% against 16.5%). Vericel kept more of each dollar of sales as profit: a net margin of 6.0% against -148.4%.

Latest fiscal yearIovance BiotherapeuticsIOVA, 2025VericelVCEL, 2025
Revenue $264m $276m
Revenue growth 60.6% 16.5%
Net income −$391m $16.5m
Operating margin — 4.0%
Net margin -148.4% 6.0%
Return on equity -55.5% 5.1%
Free cash flow −$336m $24.7m
Cash $163m $100m
Total debt — $0
Debt to equity — 0.0%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 975 398
Market value $3.63bn $2.07bn
Price vs our value range — —
Moat score — 32 (Weak)
Insider trades, 12 months 0 buys, 0 sales 0 buys, 33 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.

Go deeper

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.