IOVANCE BIOTHERAPEUTICS, INC.(IOVA)Stock Analysis
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Rank #2,344 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
IOVA Stock Analysis & AI Quality Score
AI stock analysis and institutional research for IOVANCE BIOTHERAPEUTICS, INC. (IOVA), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores IOVA at 30.6/100 on a 32-signal composite quality model, placing it at rank #2,344 of 2,879 stocks — the bottom half of the AI-ranked universe. IOVA scores in the top quartile across revenue growth (95.1). Areas of concern include balance sheet strength (4.2) and free cash flow (5.9), which score below median versus the broader universe. Shareholder dilution risk is elevated at 8.1/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), IOVANCE BIOTHERAPEUTICS, INC. reports quarterly revenue of $71.4M, net income of $-79.0M, free cash flow of $-78.7M. Top institutional holders of IOVA by reported 13-F value include BlackRock,, MHR FUND MANAGEMENT, STATE STREET, based on the most recent SEC filings. IOVA trades on the Nasdaq exchange and files with the SEC under CIK 1425205. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate IOVA 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 IOVANCE BIOTHERAPEUTICS, INC. directly from SEC EDGAR. IOVANCE BIOTHERAPEUTICS, INC.'s 13F Pro composite quality score has ranged between 8 and 93 since 2024, currently 30.6 — a declining long-term trajectory across 44 quarterly and live scoring snapshots.
Revenue
Q1 2026
$71.4M
Net Income
Q1 2026
$-79.0M
Free Cash Flow
Q1 2026
$-78.7M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+22061.6% YoYNet Income
+11.9% YoYOperating Income
+12.4% YoYEPS (Diluted)
+42.3% YoYTotal Assets
+17.0% YoYOp. Cash Flow
+16.4% YoY| Metric | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $263.5M +22061.6% | $1.2M | — | — | — | $0.00 |
| Net Income | $-391.0M +11.9% | $-444.0M -12.2% | $-395.9M -15.7% | $-342.3M -31.8% | $-259.6M -110.1% | $-123.6M |
| Operating Income | $-403.4M +12.4% | $-460.6M -15.5% | $-398.9M -16.4% | $-342.7M -30.8% | $-261.9M -104.2% | $-128.3M |
| EPS (Diluted) | $-1.09 +42.3% | $-1.89 +24.1% | $-2.49 -11.7% | $-2.23 -18.6% | $-1.88 | — |
| Total Assets | $913.2M +17.0% | $780.4M +17.5% | $664.0M -14.6% | $777.3M +1.2% | $768.5M +59.8% | $480.8M |
| Operating Cash Flow | $-302.4M +16.4% | $-361.8M -23.6% | $-292.8M -28.4% | $-227.9M -11.1% | $-205.1M -102.6% | $-101.2M |
AI Insight: IOVA Financial Trends
IOVA's Q4 2025 operating loss narrowed to its best level yet at -$73M, but Q1 2026 revenue of $71M marks a familiar sequential step-down that keeps profitability distant.
• Operating loss improved materially from -$102M in Q2 2024 to -$73M in Q4 2025, suggesting meaningful operating leverage as revenue scaled.
• Revenue grew from $31M in Q2 2024 to $87M in Q4 2025, but each Q1 resets sharply lower — $49M in Q1 2025 and $71M in Q1 2026.
• Operating cash burn improved from -$98M in Q2 2024 to -$53M in Q4 2025, though Q1 2026 burn widened again to -$72M.
• Equity has drifted from $769M in Q2 2024 to $722M in Q1 2026, reflecting cumulative net losses steadily eroding the capital base.
⚠ Recurring Q1 revenue drop — $49M in Q1 2025, $71M in Q1 2026 — suggests seasonal or operational constraints that could delay breakeven.
⚠ No debt reported across all periods; watch for any new financing as equity erosion continues and cash burn persists.
⚠ Q4 2025 showed the tightest operating loss at -$73M with $87M revenue — confirm whether Q1 2026 step-back is structural or one-time.
AI Insight: IOVA Ratio Trends
Q4 2025 marked the best quarterly operating margin at -84.7%, but Q1 2026 deteriorated to -113.5%, signaling no sustained profitability trajectory yet.
• Operating margin improved sharply from -189.8% in Q2 2025 to -84.7% in Q4 2025, before widening again to -113.5% in Q1 2026.
• ROE improved from -63.9% in Q2 2025 to -41.2% in Q4 2025, then slightly deteriorated to -43.8% in Q1 2026.
• ROIC remains deeply negative across all periods, ranging from -42.1% in Q4 2025 to -65.1% in Q2 2025, with no D/E data available.
⚠ Q1 2026 operating margin rewidened to -113.5% after Q4 2025's relative improvement — early signs of seasonal or structural headwinds.
⚠ No D/E data available across any period, limiting visibility into leverage and balance sheet risk.
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Available Research
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Top Institutional Holders of IOVA
BlackRock, Inc.
$109.1M31,080,505 shMHR FUND MANAGEMENT LLC
$101.7M28,967,103 shSTATE STREET CORP
$61.2M17,448,108 shVANGUARD CAPITAL MANAGEMENT LLC
$58.3M16,617,737 shTWO SIGMA INVESTMENTS, LP
$48.0M13,687,433 shVANGUARD PORTFOLIO MANAGEMENT LLC
$41.1M11,700,844 shMILLENNIUM MANAGEMENT LLC
$33.0M9,414,292 shGOLDMAN SACHS GROUP INC
$30.7M8,760,060 shGEODE CAPITAL MANAGEMENT, LLC
$30.1M8,572,598 shInvenomic Capital Management LP
$29.8M8,495,551 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $109.1M | 31,080,505 |
| MHR FUND MANAGEMENT LLC | $101.7M | 28,967,103 |
| STATE STREET CORP | $61.2M | 17,448,108 |
| VANGUARD CAPITAL MANAGEMENT LLC | $58.3M | 16,617,737 |
| TWO SIGMA INVESTMENTS, LP | $48.0M | 13,687,433 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $41.1M | 11,700,844 |
| MILLENNIUM MANAGEMENT LLC | $33.0M | 9,414,292 |
| GOLDMAN SACHS GROUP INC | $30.7M | 8,760,060 |
| GEODE CAPITAL MANAGEMENT, LLC | $30.1M | 8,572,598 |
| Invenomic Capital Management LP | $29.8M | 8,495,551 |
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Popular Research
Is IOVA a good stock to buy?
13F Pro's AI-powered analysis of IOVANCE BIOTHERAPEUTICS, INC. (IOVA) 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 IOVA are available on the IOVA 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 IOVA?
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 IOVA. 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 IOVANCE BIOTHERAPEUTICS, INC.'s investment landscape.