Iovance Biotherapeutics, Inc. balance sheet
At the end of fiscal 2025, Iovance Biotherapeutics, Inc. had total assets of $913m, total liabilities of $215m and shareholders' equity of $699m.
Balance sheet
| Fiscal year | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 20 | 45 | 34 | 107 | 145 | 82 | 115 | 116 | 163 | 111 |
| Receivables | — | — | — | — | — | — | 0 | 69 | 82 | 102 |
| Inventory | — | — | — | — | — | — | 10 | 52 | 52 | 56 |
| Total current assets | 20 | 45 | 104 | 170 | 149 | 475 | 308 | 457 | 443 | 464 |
| Total assets | 20 | 47 | 106 | 172 | 155 | 481 | 780 | 910 | 913 | 916 |
| Accounts payable | 0 | 1 | 1 | 1 | 1 | 3 | 33 | 28 | 22 | 26 |
| Total current liabilities | 2 | 2 | 2 | 5 | 10 | 14 | 110 | 122 | 138 | 107 |
| Long-term debt | — | — | — | — | — | — | 1 | 1 | — | — |
| Total debt | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | — | 0 |
| Total liabilities | — | — | — | — | 10 | 15 | 196 | 200 | 215 | 179 |
| Shareholders' equity | 18 | 45 | 104 | 167 | 145 | 466 | 585 | 710 | 699 | 736 |
| Shares outstanding | — | — | 49m | 62m | 73m | — | 256m | 305m | 412m | 453m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 56 | 69 | 71 | 60 | 67 | 82 | 82 | 102 |
| Inventory | 39 | 52 | 66 | 50 | 52 | 52 | 58 | 56 |
| Total current assets | 499 | 457 | 513 | 423 | 429 | 443 | 467 | 464 |
| Total assets | 991 | 910 | 967 | 907 | 905 | 913 | 926 | 916 |
| Accounts payable | 32 | 28 | 28 | 32 | 31 | 22 | 37 | 26 |
| Total current liabilities | 118 | 122 | 123 | 129 | 126 | 138 | 129 | 107 |
| Long-term debt | 1 | 1 | — | — | — | — | — | — |
| Total debt | 1 | 1 | — | — | — | — | — | — |
| Total liabilities | 218 | 200 | 199 | 209 | 203 | 215 | 204 | 179 |
| Shareholders' equity | 773 | 710 | 768 | 698 | 702 | 699 | 722 | 736 |
| Shares outstanding | 305m | 305m | 334m | 342m | 385m | 412m | 438m | 453m |
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