INOVIO PHARMACEUTICALS, INC.(INO)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Not in ranked universe
Pending next ranking run
This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
INO Stock Analysis & AI Quality Score
AI stock analysis and institutional research for INOVIO PHARMACEUTICALS, INC. (INO), a Healthcare sector company. INO is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), INOVIO PHARMACEUTICALS, INC. reports net income of $-19.7M, free cash flow of $-21.6M. Top institutional holders of INO by reported 13-F value include FMR, JANUS HENDERSON GROUP PLC, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. INO trades on the Nasdaq exchange and files with the SEC under CIK 1055726. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate INO daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for INOVIO PHARMACEUTICALS, INC. directly from SEC EDGAR. INOVIO PHARMACEUTICALS, INC.'s 13F Pro composite quality score has ranged between 2 and 24 since 2024, currently 6.8 — a declining long-term trajectory across 8 quarterly and live scoring snapshots.
Revenue
Q1 2026
$0.00
Net Income
Q1 2026
$-19.7M
Free Cash Flow
Q1 2026
$-21.6M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-70.0% YoYNet Income
+20.7% YoYOperating Income
+22.8% YoYEPS (Diluted)
+54.2% YoYTotal Assets
-34.4% YoYOp. Cash Flow
+14.8% YoY| Metric | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $65.3K -70.0% | $217.8K -97.9% | $10.3M +478.2% | $1.8M -76.1% | $7.4M +80.2% | $4.1M |
| Net Income | $-85.0M +20.7% | $-107.3M +61.7% | $-279.8M +7.9% | $-303.7M -82.5% | $-166.4M -39.4% | $-119.4M |
| Operating Income | $-86.8M +22.8% | $-112.4M +58.0% | $-267.6M +11.2% | $-301.2M -142.8% | $-124.1M -11.7% | $-111.1M |
| EPS (Diluted) | $-1.81 +54.2% | $-3.95 +71.9% | $-14.07 +19.4% | $-17.45 -1530.8% | $-1.07 +11.6% | $-1.21 |
| Total Assets | $74.3M -34.4% | $113.2M -67.5% | $348.5M -29.7% | $495.9M -8.1% | $539.8M +275.0% | $144.0M |
| Operating Cash Flow | $-88.6M +14.8% | $-104.1M +51.9% | $-216.2M -0.2% | $-215.7M -21.2% | $-178.0M -81.9% | $-97.9M |
AI Insight: INO Financial Trends
Inovio remains pre-revenue with accelerating cash burn and equity near zero despite Q4 2025 net income inflection.
• Revenue remains at $0M across all eight quarters. Operating cash outflow persisted at $19–$28M quarterly.
• Q4 2025 net income swung to +$4M, but Q1 2026 reversed to –$20M loss. One-quarter positive not sustained.
• Equity eroded from $97M (Q2 2024) to $6M (Q1 2026). Company briefly dipped to –$8M equity in Q3 2025.
⚠ Cash burn remains $19–$28M per quarter with zero revenue. Runway appears extremely limited at current equity of $6M.
⚠ Q4 2025 profit appears anomalous; lack of revenue and continued OpCF losses suggest non-cash or one-time items.
AI Insight: INO Ratio Trends
INO swung to positive ROE of 62.5% in Q4 2025 after four consecutive quarters of severe losses, signaling a potential inflection toward profitability.
• ROE and ROA both turned sharply positive in Q4 2025 (62.5% and 20.3%, respectively) after consistent deep negative returns in Q2–Q1 2025.
• ROA improved 110.8 percentage points from Q1 2025's -90.3% to Q4 2025's 20.3%, marking the first positive return on assets in 3 quarters.
⚠ Q1 2026 data is missing; cannot confirm whether Q4 2025 profitability improvement is sustained or a one-quarter anomaly.
⚠ All margin metrics (OpMargin, NPM) remain unreported across the entire period, limiting visibility into operational leverage.
Get alerted when INO's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for INOVIO PHARMACEUTICALS, INC. including:
Top Institutional Holders of INO
FMR LLC
$16.3M9,339,614 shJANUS HENDERSON GROUP PLC
$5.8M3,308,406 shVANGUARD CAPITAL MANAGEMENT LLC
$5.0M2,901,208 shBoxer Capital Management, LLC
$4.1M2,370,122 shD. E. Shaw & Co., Inc.
$3.9M2,212,819 shADAR1 Capital Management, LLC
$2.6M1,470,108 shMILLENNIUM MANAGEMENT LLC
$2.5M1,410,845 shEversept Partners, LP
$1.8M1,035,360 shADAGE CAPITAL PARTNERS GP, L.L.C.
$1.4M804,958 shGEODE CAPITAL MANAGEMENT, LLC
$1.4M801,504 sh
| Fund | Value | Shares |
|---|---|---|
| FMR LLC | $16.3M | 9,339,614 |
| JANUS HENDERSON GROUP PLC | $5.8M | 3,308,406 |
| VANGUARD CAPITAL MANAGEMENT LLC | $5.0M | 2,901,208 |
| Boxer Capital Management, LLC | $4.1M | 2,370,122 |
| D. E. Shaw & Co., Inc. | $3.9M | 2,212,819 |
| ADAR1 Capital Management, LLC | $2.6M | 1,470,108 |
| MILLENNIUM MANAGEMENT LLC | $2.5M | 1,410,845 |
| Eversept Partners, LP | $1.8M | 1,035,360 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $1.4M | 804,958 |
| GEODE CAPITAL MANAGEMENT, LLC | $1.4M | 801,504 |
More Healthcare Companies
View all Healthcare →Put INO on your watchlist
Track score changes the day INOVIO PHARMACEUTICALS, INC. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is INO a good stock to buy?
13F Pro's AI-powered analysis of INOVIO PHARMACEUTICALS, INC. (INO) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for INO are available on the INO stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own INO?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling INO. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of INOVIO PHARMACEUTICALS, INC.'s investment landscape.