NASDAQ:INO
Inovio Pharmaceuticals, Inc.
Inovio Pharmaceuticals, Inc.'s revenue fell 70.0% in fiscal 2025 to $65,343 while operating margin fell to −132871.3%, its lowest in 10 years. Free cash flow was −$88.9M, −136074.5% of revenue, and the diluted share count rose 72.6%.Summary generated from Inovio Pharmaceuticals, Inc.'s SEC filings. Latest annual report filed Mar 12, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$65,343
Revenue growth−70.0%
Revenue, 5-yr CAGR−61.2%
Gross marginn/a
Operating margin−132871.3%
Net margin−130000.0%
ROICn/a
Return on equity−183.5%
Debt / equityn/a
Free cash flow−$88.9M
FCF margin−136074.5%
Share count change+72.6%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 2 | 10 | 1 | 0 | 0 |
| Operating income | −301 | −268 | −144 | −112 | −87 |
| Net income | −304 | −280 | −135 | −107 | −85 |
| Free cash flow | −217 | −217 | −125 | −105 | −89 |
Recent filings
- 8-KAmendment to articles or bylaws
Oct 6, 2026 - 8-KResults of operations and financial condition
Aug 12, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 12, 2026 - 8-KEntry into a material agreement
Jul 31, 2026 - 8-KResults of operations and financial condition
Jul 29, 2026 - 4Insider transaction report
May 21, 2026 - 4Insider transaction report
May 21, 2026 - 8-KAmendment to articles or bylaws
May 20, 2026