Income Statement Immatics N.V.

Equities

IMTX

NL0015285941

Biotechnology & Medical Research

Market Closed - Nasdaq Other stock markets 04:00:00 2026-05-20 pm EDT			5-day change	1st Jan Change
11.22 ^USD	+4.86%		+3.99%	+6.86%

May. 12	Immatics Q1 Loss Widens, Revenue Falls	MT
May. 12	Earnings Flash (IMTX) Immatics Posts Q1 Revenue 7.6M Euros, vs. FactSet Est of 8.5M Euros	MT

4915701061851cfce5.kVhQalD6v1eBQhYUfQHp45t3On3-HUf1TtPe0qdRa1s.3DQCIWOj8w_RAy5nEFWduqgbCA6ZZzKMDIeag8AiGjbjEB0pN7vuYNA2fQ

Published financial data: IMMATICS N.V.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	34.76M	173M	54M	156M	48.27M
Total Revenues	34.76M	173M	54M	156M	48.27M
Cost of Goods Sold, Total	87.57M	107M	119M	148M	184M
Gross Profit	-52.81M	66.05M	-64.67M	7.76M	-136M
Selling General & Admin Expenses, Total	33.81M	36.12M	38.2M	46.45M	51.18M
Other Operating Expenses	-325K	-26K	-1.14M	-78K	-4.73M
Other Operating Expenses, Total	33.48M	36.1M	37.06M	46.37M	46.45M
Operating Income	-86.29M	29.95M	-102M	-38.62M	-182M
Interest Expense, Total	-566K	-1.04M	-831K	-886K	-946K
Interest And Investment Income	133K	2.48M	13.84M	25M	17.18M
Net Interest Expenses	-433K	1.44M	13.01M	24.12M	16.23M
Currency Exchange Gains (Loss)	5.27M	440K	-5.63M	18.36M	-35.27M
Other Non Operating Income (Expenses)	-11.87M	10.2M	-2.66M	17.48M	2.62M
EBT, Excl. Unusual Items	-93.34M	42.04M	-96.99M	21.35M	-198M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-93.34M	42.04M	-96.99M	21.35M	-198M
Income Tax Expense	-	4.52M	-	6.13M	-1.99M
Earnings From Continuing Operations	-93.34M	37.51M	-96.99M	15.22M	-196M
Net Income to Company	-93.34M	37.51M	-96.99M	15.22M	-196M
Minority Interest	-	-	-	-	-
Net Income - (IS)	-93.34M	37.51M	-96.99M	15.22M	-196M
Net Income to Common Incl Extra Items	-93.34M	37.51M	-96.99M	15.22M	-196M
Net Income to Common Excl. Extra Items	-93.34M	37.51M	-96.99M	15.22M	-196M
Per Share Items
Net EPS - Basic	-1.48	0.56	-1.2	0.14	-1.61
Basic EPS - Continuing Operations	-1.48	0.56	-1.2	0.14	-1.61
Basic Weighted Average Shares Outstanding	62.91M	67.22M	80.55M	106M	122M
Net EPS - Diluted	-1.48	0.55	-1.2	0.14	-1.61
Diluted EPS - Continuing Operations	-1.48	0.55	-1.2	0.14	-1.61
Diluted Weighted Average Shares Outstanding	62.91M	68.82M	80.55M	107M	122M
Normalized Basic EPS	-0.93	0.39	-0.75	0.13	-1.01
Normalized Diluted EPS	-0.93	0.38	-0.75	0.12	-1.01
Supplemental Items
EBITDA	-83.67M	33.14M	-98.35M	-29.88M	-173M
EBITA	-86.24M	30.01M	-102M	-38.51M	-182M
EBIT	-86.29M	29.95M	-102M	-38.62M	-182M
EBITDAR	-83.57M	33.33M	-	-29.8M	-173M
Effective Tax Rate - (Ratio)	-	10.76	-	28.71	1
Total Current Taxes	-	4.52M	-	7.79M	9K
Total Deferred Taxes	-	-	-	-1.66M	-2M
Normalized Net Income	-58.33M	26.27M	-60.62M	13.34M	-124M
Interest on Long-Term Debt	566K	1.04M	831K	886K	946K
Supplemental Operating Expense Items
General and Administrative Expenses	33.71M	35.93M	38.2M	46.45M	51.18M
Research And Development Expense From Footnotes	87.57M	107M	119M	148M	184M
Net Rental Expense, Total	95K	190K	-	85K	109K
Imputed Operating Lease Interest Expense	53.64K	129K	-	38.13K	51.82K
Imputed Operating Lease Depreciation	41.36K	60.76K	-	46.87K	57.18K
Stock-Based Comp., COGS (Total)	15.56M	12.92M	11.97M	9.59M	7.54M
Stock-Based Comp., G&A Exp. (Total)	10.84M	9.64M	8.73M	8.06M	7.48M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	26.4M	22.57M	20.7M	17.64M	15.02M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	133M	149M	218M	237M	346M
Short Term Investments	12.12M	214M	207M	368M	123M
Total Cash And Short Term Investments	145M	362M	426M	604M	469M
Accounts Receivable, Total	682K	1.11M	4.09M	5.86M	6.1M
Other Receivables	1.68M	1.03M	1.64M	888K	782K
Total Receivables	2.36M	2.14M	5.74M	6.74M	6.88M
Prepaid Expenses	3.78M	10.45M	10.62M	12.05M	12.92M
Other Current Assets, Total	950K	2.36M	7.12M	6.31M	14.87M
Total Current Assets	152M	377M	449M	630M	504M
Gross Property Plant And Equipment	37.74M	46.97M	79.92M	95.78M	84.66M
Accumulated Depreciation	-17.26M	-20.48M	-22.86M	-32.06M	-29.76M
Net Property Plant And Equipment	20.49M	26.49M	57.06M	63.71M	54.9M
Other Intangibles, Total	1.32M	1.63M	1.52M	1.63M	1.58M
Other Long-Term Assets, Total	636K	2.54M	2.02M	1.25M	1.85M
Total Assets	175M	408M	510M	696M	562M
Liabilities
Accounts Payable, Total	11.62M	4.02M	7.67M	10.11M	340K
Accrued Expenses, Total	2.37M	13.94M	22.38M	14.17M	22.52M
Current Portion of Leases	2.71M	2.16M	2.6M	2.85M	2.76M
Current Income Taxes Payable	-	4.3M	4.3M	1.76M	32K
Unearned Revenue Current, Total	50.4M	64.96M	100M	35.91M	15.82M
Other Current Liabilities	28.04M	17.07M	19.21M	3.19M	1.55M
Total Current Liabilities	95.15M	106M	157M	67.99M	43.01M
Long-Term Leases	7.14M	12.4M	12.8M	13.35M	12.88M
Unearned Revenue Non Current	48.22M	75.76M	116M	34.16M	18.54M
Deferred Tax Liability Non Current	-	-	-	5.8M	3.81M
Other Non Current Liabilities	68K	42K	4K	-	-
Total Liabilities	151M	195M	285M	121M	78.24M
Common Stock, Total	629K	767K	847K	1.22M	1.34M
Additional Paid In Capital	565M	714M	823M	1.16B	1.28B
Retained Earnings	-538M	-500M	-597M	-590M	-786M
Comprehensive Income and Other	-3.94M	-1.48M	-1.64M	1.03M	-8.59M
Total Common Equity	24.06M	213M	225M	575M	484M
Minority Interest	-	-	-	-	-
Total Equity	24.06M	213M	225M	575M	484M
Total Liabilities And Equity	175M	408M	510M	696M	562M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	62.93M	76.67M	103M	122M	134M
ECS Total Common Shares Outstanding	62.93M	76.67M	84.66M	122M	134M
Book Value / Share	0.38	2.78	2.66	4.73	3.61
Tangible Book Value	22.75M	212M	224M	573M	483M
Tangible Book Value Per Share	0.36	2.76	2.64	4.72	3.6
Total Debt	9.85M	14.56M	15.4M	16.2M	15.64M
Net Debt	-135M	-348M	-410M	-588M	-454M
Debt Equivalent Oper. Leases	760K	1.52M	-	680K	872K
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	27.76M	33.94M	66.61M	51.03M	43.11M
Full Time Employees	314	358	432	554	589
Part Time Employees	67	84	103	128	122

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-93.34M	37.51M	-96.99M	15.22M	-196M
Depreciation & Amortization - CF	5.1M	6.75M	7.01M	12.04M	12.26M
Amortization of Goodwill and Intangible Assets - (CF)	54K	60K	85K	104K	110K
Depreciation & Amortization, Total	5.15M	6.81M	7.1M	12.15M	12.37M
Amortization of Deferred Charges, Total - (CF)	106K	158K	138K	78K	28K
(Gain) Loss From Sale Of Asset	-	-	-150K	1K	750K
Stock-Based Compensation (CF)	26.4M	22.57M	20.7M	17.64M	15.02M
Other Operating Activities, Total	11.59M	-4.18M	5.8M	-39.24M	35.62M
Change In Accounts Receivable	569K	-429K	-2.98M	-1.76M	-242K
Change In Accounts Payable	-31.78M	45.56M	86M	-160M	-37.62M
Change in Other Net Operating Assets	-483K	-7.87M	-1.39M	-2.06M	-6.11M
Cash from Operations	-81.78M	100M	18.23M	-158M	-177M
Capital Expenditure	-5.11M	-5.74M	-30.8M	-16.27M	-6.56M
Sale of Property, Plant, and Equipment	-	52K	150K	2K	-
Sale (Purchase) of Intangible assets	-551K	-477K	-158K	-208K	-247K
Investment in Marketable and Equity Securities, Total	13.15M	-204M	-581K	-136M	212M
Cash from Investing	7.49M	-210M	-31.39M	-152M	205M
Long-Term Debt Repaid, Total	-2.71M	-2.84M	-3.85M	-2.01M	-2.96M
Total Debt Repaid	-2.71M	-2.84M	-3.85M	-2.01M	-2.96M
Issuance of Common Stock	94K	134M	90.4M	343M	107M
Other Financing Activities, Total	-	-7.93M	-2.04M	-21.31M	-7M
Cash from Financing	-2.61M	124M	84.52M	320M	97.35M
Foreign Exchange Rate Adjustments	2.37M	1.48M	-1.4M	9.01M	-16.34M
Net Change in Cash	-74.54M	15.52M	69.95M	18.28M	109M
Supplemental Items
Cash Interest Paid	566K	695K	290K	886K	946K
Cash Income Tax Paid (Refund)	-	224K	-	-	4.43M
Levered Free Cash Flow	-11.52M	45.39M	-25.99M	-102M	-128M
Unlevered Free Cash Flow	-11.16M	46.04M	-25.47M	-101M	-128M
Change In Net Working Capital	-16.76M	-4M	-41.13M	90.44M	34.45M
Net Debt Issued / Repaid	-2.71M	-2.84M	-3.85M	-2.01M	-2.96M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-25.13	6.43	-13.85	-4	-18.08
Return on Total Capital	-84.61	14.31	-27.16	-5.86	-20.86
Return On Equity %	-167.49	31.63	-44.26	3.84	-37.1
Return on Common Equity	-167.49	31.63	-44.26	3.84	-37.1
Margin Analysis
Gross Profit Margin %	-151.92	38.22	-119.76	4.98	-280.87
SG&A Margin	97.25	20.9	70.74	29.81	106.05
EBITDA Margin %	-240.68	19.18	-182.14	-19.18	-358.17
EBITA Margin %	-248.08	17.37	-188.23	-24.71	-376.88
EBIT Margin %	-248.24	17.33	-188.39	-24.78	-377.11
Income From Continuing Operations Margin %	-268.49	21.71	-179.63	9.77	-407.01
Net Income Margin %	-268.49	21.71	-179.63	9.77	-407.01
Net Avail. For Common Margin %	-268.49	21.71	-179.63	9.77	-407.01
Normalized Net Income Margin	-167.81	15.2	-112.27	8.56	-256.96
Levered Free Cash Flow Margin	-33.13	26.26	-48.13	-65.29	-265.59
Unlevered Free Cash Flow Margin	-32.12	26.64	-47.16	-64.93	-264.37
Asset Turnover
Asset Turnover	0.16	0.59	0.12	0.26	0.08
Fixed Assets Turnover	2.01	7.36	1.29	2.58	0.81
Receivables Turnover (Average Receivables)	35.99	192.78	20.75	31.32	8.07
Short Term Liquidity
Current Ratio	1.6	3.54	2.87	9.26	11.72
Quick Ratio	1.55	3.42	2.76	8.99	11.07
Operating Cash Flow to Current Liabilities	-0.86	0.94	0.12	-2.32	-4.11
Days Sales Outstanding (Average Receivables)	10.14	1.89	17.59	11.68	45.21
Average Days Payable Outstanding	45.17	12.02	17.98	21.97	10.38
Long Term Solvency
Total Debt/Equity	40.95	6.83	6.84	2.82	3.23
Total Debt / Total Capital	29.05	6.39	6.4	2.74	3.13
LT Debt/Equity	29.68	5.82	5.69	2.32	2.66
Long-Term Debt / Total Capital	21.06	5.45	5.32	2.26	2.58
Total Liabilities / Total Assets	86.22	47.73	55.86	17.42	13.91
EBIT / Interest Expense	-152.46	28.86	-122.41	-43.58	-192.41
EBITDA / Interest Expense	-143.36	35.42	-113.87	-29.87	-179.33
(EBITDA - Capex) / Interest Expense	-152.38	29.89	-150.94	-48.24	-186.26
Total Debt / EBITDA	-0.12	0.4	-0.16	-0.61	-0.09
Net Debt / EBITDA	1.67	-9.46	4.34	22.22	2.67
Total Debt / (EBITDA - Capex)	-0.11	0.47	-0.12	-0.38	-0.09
Net Debt / (EBITDA - Capex)	1.57	-11.21	3.27	13.76	2.57
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	11.23	397.17	-68.76	188.6	-69.03
Gross Profit, 1 Yr. Growth %	47.38	-225.07	-197.9	-111.99	-1.85K
EBITDA, 1 Yr. Growth %	23.84	-139.61	-396.75	-69.61	478.47
EBITA, 1 Yr. Growth %	23.8	-134.8	-438.64	-62.11	372.35
EBIT, 1 Yr. Growth %	23.78	-134.71	-439.6	-62.04	371.36
Earnings From Cont. Operations, 1 Yr. Growth %	-55.94	-140.19	-358.55	-116.08	-1.39K
Net Income, 1 Yr. Growth %	-55.82	-140.19	-358.55	-116.08	-1.39K
Normalized Net Income, 1 Yr. Growth %	60.47	-145.04	-330.74	-122.01	-1.03K
Diluted EPS Before Extra, 1 Yr. Growth %	-66.3	-137.07	-318.95	-111.86	-1.25K
Accounts Receivable, 1 Yr. Growth %	-45.44	62.9	268.41	43.1	4.13
Net Property, Plant and Equip., 1 Yr. Growth %	46.17	29.29	115.39	11.67	-13.84
Total Assets, 1 Yr. Growth %	-31.42	133.51	25.05	36.51	-19.22
Tangible Book Value, 1 Yr. Growth %	-73.69	829.89	5.69	165.26	-15.82
Common Equity, 1 Yr. Growth %	-72.46	785.86	5.59	164.15	-15.79
Cash From Operations, 1 Yr. Growth %	-4.47	-218.15	-81.8	-966.96	11.77
Capital Expenditures, 1 Yr. Growth %	-31.19	12.38	436.75	-47.17	-59.7
Levered Free Cash Flow, 1 Yr. Growth %	-108.42	-494.07	-157.25	291.52	26
Unlevered Free Cash Flow, 1 Yr. Growth %	-108.15	-512.37	-155.31	297.33	26.1
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	37.27	135.16	24.63	-5.04	-5.46
Gross Profit, 2 Yr. CAGR %	56.21	35.77	10.66	-65.73	44.79
EBITDA, 2 Yr. CAGR %	69.4	-29.92	8.49	-5.27	32.67
EBITA, 2 Yr. CAGR %	61.9	-34.33	8.63	12.98	33.87
EBIT, 2 Yr. CAGR %	61.68	-34.45	8.57	13.54	33.76
Earnings From Cont. Operations, 2 Yr. CAGR %	69.5	-57.92	1.94	-25.88	44.07
Net Income, 2 Yr. CAGR %	71.94	-57.86	1.94	-25.88	44.07
Normalized Net Income, 2 Yr. CAGR %	73.46	-14.99	1.94	-28.74	43.03
Diluted EPS Before Extra, 2 Yr. CAGR %	24.7	-64.65	-9.91	-40.84	16.81
Accounts Receivable, 2 Yr. CAGR %	-15.58	-5.72	144.98	129.6	22.07
Net Property, Plant and Equip., 2 Yr. CAGR %	59.96	37.47	66.88	55.09	-1.91
Total Assets, 2 Yr. CAGR %	14.05	26.55	70.88	30.65	5.01
Tangible Book Value, 2 Yr. CAGR %	-27.15	56.4	213.49	68.57	49.43
Common Equity, 2 Yr. CAGR %	-24.18	56.18	205.84	68.13	49.15
Cash From Operations, 2 Yr. CAGR %	7.35	11.39	-53.62	25.63	211.28
Capital Expenditures, 2 Yr. CAGR %	54.36	-12.06	145.6	68.4	-53.86
Levered Free Cash Flow, 2 Yr. CAGR %	-27.88	-42.39	50.2	49.71	122.1
Unlevered Free Cash Flow, 2 Yr. CAGR %	-29.16	-42.02	51.03	48.25	123.84
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	109.7	110.81	19.99	64.89	-34.64
Gross Profit, 3 Yr. CAGR %	20.48	45.05	21.75	-47.24	27.08
EBITDA, 3 Yr. CAGR %	37.43	4.37	13.38	-29.02	73.15
EBITA, 3 Yr. CAGR %	35.99	-3.02	13.46	-23.53	82
EBIT, 3 Yr. CAGR %	35.86	-3.19	13.42	-23.51	82.48
Earnings From Cont. Operations, 3 Yr. CAGR %	42.35	4.91	-22.93	-45.37	92.12
Net Income, 3 Yr. CAGR %	43.72	5.92	-22.86	-45.37	92.12
Normalized Net Income, 3 Yr. CAGR %	44.56	10.66	18.59	-38.85	67.75
Diluted EPS Before Extra, 3 Yr. CAGR %	16.01	-16.77	-35.08	-54.47	59.07
Accounts Receivable, 3 Yr. CAGR %	20.17	5.1	48.49	104.78	76.41
Net Property, Plant and Equip., 3 Yr. CAGR %	72.28	49	59.67	45.96	27.5
Total Assets, 3 Yr. CAGR %	41.75	44.82	26.05	58.56	11.3
Tangible Book Value, 3 Yr. CAGR %	25.73	70.25	37.25	193.17	33.74
Common Equity, 3 Yr. CAGR %	32.23	72.05	37.08	188	33.52
Cash From Operations, 3 Yr. CAGR %	58.13	12.16	-39.1	23.09	20.83
Capital Expenditures, 3 Yr. CAGR %	128.32	38.86	60.71	47.16	4.55
Levered Free Cash Flow, 3 Yr. CAGR %	-	27.03	-42.51	106.71	41.35
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	27.43	-42.92	108.49	40.47
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	70.3	53.23	9.08
Gross Profit, 5 Yr. CAGR %	-	-	16.45	-18.55	30.49
EBITDA, 5 Yr. CAGR %	-	-	25	0.5	20.7
EBITA, 5 Yr. CAGR %	-	-	24.27	3.2	21.19
EBIT, 5 Yr. CAGR %	-	-	24.21	3.18	21.16
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	24.55	-14.07	-1.5
Net Income, 5 Yr. CAGR %	-	-	25.27	-13.58	-1.45
Normalized Net Income, 5 Yr. CAGR %	-	-	25.71	-7.2	27.82
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	4.85	-31.87	-18.22
Accounts Receivable, 5 Yr. CAGR %	-	-	59.78	43.67	37.3
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	70.1	51.41	31.4
Total Assets, 5 Yr. CAGR %	-	-	52.75	38.98	17.17
Tangible Book Value, 5 Yr. CAGR %	-	-	81.2	67.98	41.03
Common Equity, 5 Yr. CAGR %	-	-	84.93	68.87	40.83
Cash From Operations, 5 Yr. CAGR %	-	-	-2.5	17.36	16.96
Capital Expenditures, 5 Yr. CAGR %	-	-	135.08	50	-2.44
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	35.66	-1.29
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	35.38	-1.41