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ImageneBio Inc (IMA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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ImageneBio Inc (IMA) stock price & volume — 10-year historical chart
ImageneBio Inc (IMA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
ImageneBio Inc (IMA) competitors in Immunology and Inflammation Therapies — business model, growth, and fundamentals comparison
ImageneBio Inc (IMA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ImageneBio Inc (IMA) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 990K | 13.75M | 9.19M | 30.98M | 15.62M | 9.16M | 3.5M | 800K | 0 |
Revenue Growth % | - | 1289.19% | -33.15% | 237.01% | -49.59% | -41.35% | -61.79% | -77.14% | - |
Cost of Goods Sold | 38.99M | 24.94M | 44.85M | 47.11M | 64.32M | 1.02M | 0 | 1.03M | 780K |
COGS % of Revenue | 3937.98% | 181.33% | 487.79% | 152.03% | 411.84% | 11.14% | - | 129.12% | - |
Gross Profit | -38M▲ 0% | -11.19M▲ 70.6% | -35.65M▼ 218.8% | -16.12M▲ 54.8% | -48.7M▼ 202.1% | 8.14M▲ 116.7% | 3.5M▼ 57.0% | -233K▼ 106.7% | -780K▲ 0% |
Gross Margin % | -3837.98% | -81.33% | -387.79% | -52.03% | -311.84% | 88.86% | 100% | -29.13% | - |
Gross Profit Growth % | - | 70.56% | -218.76% | 54.78% | -202.07% | 116.71% | -57% | -106.66% | - |
Operating Expenses | 41.46M | 7.31M | 8.87M | 18.02M | 22.2M | 83.56M | 40.5M | 48.22M | 55.15M |
OpEx % of Revenue | 4188.08% | 53.13% | 96.43% | 58.14% | 142.15% | 912.19% | 1157.14% | 6027.25% | - |
Selling, General & Admin | 2.9M | 7.31M | 8.87M | 18.02M | 22.2M | 24.93M | 8.39M | 20.73M | 21.2M |
SG&A % of Revenue | 292.73% | 53.13% | 96.43% | 58.14% | 142.15% | 272.11% | 239.74% | 2590.75% | - |
Research & Development | 38.56M | 24.94M | 44.85M | 47.11M | 64.32M | 59.65M | 32.11M | 28.52M | 30.77M |
R&D % of Revenue | 3895.35% | 181.33% | 487.79% | 152.03% | 411.84% | 651.22% | 917.4% | 3565.63% | - |
Other Operating Expenses | 0 | -24.94M | -44.85M | -47.11M | -64.32M | -1.02M | 0 | -1.03M | 1.09M |
Operating Income | -40.89M▲ 0% | -18.49M▲ 54.8% | -44.52M▼ 140.7% | -34.14M▲ 23.3% | -70.9M▼ 107.7% | -75.42M▼ 6.4% | -37M▲ 50.9% | -48.45M▼ 30.9% | -55.93M▲ 0% |
Operating Margin % | -4130.71% | -134.46% | -484.22% | -110.18% | -453.99% | -823.33% | -1057.14% | -6056.38% | - |
Operating Income Growth % | - | 54.78% | -140.75% | 23.32% | -107.7% | -6.36% | 50.94% | -30.95% | - |
EBITDA | -40.47M | -18.25M | -44.22M | -33.59M | -70.15M | -74.4M | -35.47M | -47.42M | -53.44M |
EBITDA Margin % | -4088.08% | -132.69% | -480.95% | -108.42% | -449.18% | -812.19% | -1013.54% | -5927.25% | - |
EBITDA Growth % | - | 54.91% | -142.31% | 24.03% | -108.83% | -6.05% | 52.32% | -33.67% | -4.41% |
D&A (Non-Cash Add-back) | 422K | 243K | 300K | 544K | 751K | 1.02M | 1.53M | 1.03M | 648K |
EBIT | -40.87M | -18.49M | -44.52M | -34.14M | -70.9M | -75.42M | -37M | -48.45M | -53.78M |
Net Interest Income | 0 | 0 | 0 | 23K | 2.15M | 7.11M | 7.37M | 2.04M | 5.97M |
Interest Income | 0 | 0 | 0 | 23K | 2.15M | 7.11M | 7.37M | 2.04M | 6.06M |
Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 96K |
Other Income/Expense | 29K | 1.68M | 263K | 23K | 2.14M | 7.09M | 445K | 2.75M | 10.53M |
Pretax Income | -40.87M▲ 0% | -16.82M▲ 58.8% | -44.26M▼ 163.2% | -34.12M▲ 22.9% | -68.77M▼ 101.6% | -68.33M▲ 0.6% | -36.55M▲ 46.5% | -45.7M▼ 25.0% | -45.4M▲ 0% |
Pretax Margin % | -4127.78% | -122.28% | -481.36% | -110.1% | -440.29% | -745.94% | -1044.43% | -5712.38% | - |
Income Tax | 0 | 0 | 0 | 0 | 0 | -162K | 13K | -350K | -325K |
Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0.24% | -0.04% | 0.77% | 0.72% |
Net Income | -40.87M▲ 0% | -16.82M▲ 58.8% | -44.26M▼ 163.2% | -34.12M▲ 22.9% | -68.77M▼ 101.6% | -68.17M▲ 0.9% | -36.57M▲ 46.4% | -45.35M▼ 24.0% | -45.07M▲ 0% |
Net Margin % | -4127.78% | -122.28% | -481.36% | -110.1% | -440.29% | -744.17% | -1044.8% | -5668.63% | - |
Net Income Growth % | - | 58.85% | -163.16% | 22.91% | -101.57% | 0.87% | 46.35% | -24.01% | -8.07% |
Net Income (Continuing) | -40.87M | -16.82M | -44.26M | -34.12M | -68.77M | -68.17M | -36.57M | -45.35M | -45.07M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -1.14▲ 0% | -0.47▲ 58.8% | -3.16▼ 572.3% | -0.95▲ 69.9% | -1.90▼ 100.0% | -1.63▲ 14.2% | -1.02▲ 37.4% | -10.76▼ 954.9% | -4.02▲ 0% |
EPS Growth % | - | 58.77% | -572.34% | 69.94% | -100% | 14.21% | 37.42% | -954.9% | -439.22% |
EPS (Basic) | -1.14 | -0.47 | -3.16 | -0.95 | -1.90 | -1.63 | -1.02 | -10.76 | - |
Diluted Shares Outstanding | 35.85M | 35.85M | 13.99M | 35.98M | 36.19M | 41.74M | 48.26M | 4.87M | 11.21M |
Basic Shares Outstanding | 35.85M | 35.85M | 13.99M | 35.98M | 36.19M | 41.74M | 48.26M | 4.87M | 11.21M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
ImageneBio Inc (IMA) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 19.98M | 85.2M | 165.97M | 236.52M | 160.01M | 178.66M | 127.17M | 140.29M | 122.01M |
Cash & Short-Term Investments | 18.16M | 82.08M | 162.49M | 232.22M | 156.95M | 175.47M | 124.39M | 75.78M | 117.21M |
Cash Only | 18.16M | 82.08M | 162.49M | 232.22M | 59.92M | 119.89M | 39.39M | 34.97M | 76.05M |
Short-Term Investments | 0 | 0 | 0 | 0 | 97.03M | 55.57M | 84.99M | 40.82M | 41.16M |
Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3M | 0 |
Days Sales Outstanding | - | - | - | - | - | - | - | 591.3 | - |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
Other Current Assets | 582K | 1.27M | 1.54M | 629K | 964K | 1.15M | 2.78M | 63.21M | 4.8M |
Total Non-Current Assets | 696K | 769K | 2.44M | 11.36M | 12.25M | 13.43M | 14.34M | 12.69M | 14.68M |
Property, Plant & Equipment | 696K | 769K | 1.56M | 8.98M | 8.46M | 8.02M | 4.23M | 0 | 616K |
Fixed Asset Turnover | 1.42x | 17.88x | 5.88x | 3.45x | 1.85x | 1.14x | 0.83x | - | 0.00x |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.51M |
Other Non-Current Assets | 0 | 0 | 872K | 2.39M | 3.79M | 5.41M | 10.11M | 12.69M | 14.06M |
Total Assets | 20.68M▲ 0% | 85.97M▲ 315.8% | 168.4M▲ 95.9% | 247.88M▲ 47.2% | 172.26M▼ 30.5% | 192.09M▲ 11.5% | 141.51M▼ 26.3% | 152.98M▲ 8.1% | 136.68M▲ 0% |
Asset Turnover | 0.05x | 0.16x | 0.05x | 0.13x | 0.09x | 0.05x | 0.02x | 0.01x | 0.00x |
Asset Growth % | - | 315.82% | 95.88% | 47.19% | -30.51% | 11.51% | -26.33% | 8.1% | 0.66% |
Total Current Liabilities | 3.82M | 24.3M | 28.33M | 27.19M | 21.5M | 14.21M | 10.78M | 11.23M | 6.63M |
Accounts Payable | 2.27M | 935K | 2.12M | 2.38M | 2.09M | 2.07M | 897K | 1.44M | 568K |
Days Payables Outstanding | 21.22 | 13.68 | 17.27 | 18.47 | 11.88 | 739.3 | - | 508.46 | 538.14 |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.31M |
Deferred Revenue (Current) | 126K | 20.68M | 20.62M | 17.1M | 9.16M | 0 | 0 | 0 | 0 |
Other Current Liabilities | 126K | 1.16M | 2.2M | 2.83M | 5.11M | 3.4M | 1.75M | 7.53M | 3.76M |
Current Ratio | 5.22x | 3.51x | 5.86x | 8.70x | 7.44x | 12.58x | 11.80x | 12.49x | 18.39x |
Quick Ratio | 5.22x | 3.51x | 5.86x | 8.70x | 7.44x | 12.58x | 11.80x | 12.49x | 18.39x |
Cash Conversion Cycle | - | - | - | - | - | - | - | - | - |
Total Non-Current Liabilities | 62.69M | 123.14M | 241.12M | 12.81M | 3.79M | 8.13M | 4.8M | 8.6M | 6.72M |
Long-Term Debt | 62.58M | 0 | 0 | 0 | 0 | 0 | 0 | 7.02M | 5.73M |
Capital Lease Obligations | 0 | 0 | 0 | 5.13M | 3.79M | 7.18M | 3.74M | 713K | 3.95M |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 78.87M | 205.98M | 0 | 0 | 950K | 1.06M | 870K | 881K |
Total Liabilities | 66.52M | 147.44M | 269.45M | 40M | 25.29M | 22.34M | 15.58M | 19.84M | 13.36M |
Total Debt | 62.58M | 0 | 186K | 6.99M | 5.69M | 10.74M | 7.52M | 9.99M | 8.15M |
Net Debt | 44.42M | -82.08M | -162.31M | -225.23M | -54.23M | -109.16M | -31.87M | -24.97M | -67.9M |
Debt / Equity | - | - | - | 0.03x | 0.04x | 0.06x | 0.06x | 0.08x | 0.07x |
Debt / EBITDA | - | - | - | - | - | - | - | - | -0.15x |
Net Debt / EBITDA | - | - | - | - | - | - | - | - | 1.27x |
Interest Coverage | - | - | - | - | - | - | - | - | -560.22x |
Total Equity | -45.84M▲ 0% | -61.46M▼ 34.1% | -101.05M▼ 64.4% | 207.88M▲ 305.7% | 146.97M▼ 29.3% | 169.76M▲ 15.5% | 125.93M▼ 25.8% | 133.14M▲ 5.7% | 123.33M▲ 0% |
Equity Growth % | - | -34.08% | -64.4% | 305.72% | -29.3% | 15.51% | -25.82% | 5.72% | -4.68% |
Book Value per Share | -1.28 | -1.71 | -7.22 | 5.78 | 4.06 | 4.07 | 2.61 | 27.33 | 11.00 |
Total Shareholders' Equity | -45.84M | -61.46M | -101.05M | 207.88M | 146.97M | 169.76M | 125.93M | 133.14M | 123.33M |
Common Stock | 19K | 3K | 3K | 36K | 36K | 48K | 48K | 11K | 11K |
Retained Earnings | -50.27M | -67.08M | -111.34M | -145.45M | -214.22M | -282.38M | -331.62M | -230.05M | -240.67M |
Treasury Stock | -4.41M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | 0 | 0 | 0 | 0 | -763K | -48K | 68K | 87K | -17K |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ImageneBio Inc (IMA) cash flow — operating, investing & free cash flow history
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | -11.61M | 47.93M | -37.83M | -60.25M | -74.11M | -79.74M | -46M | -47.84M | -52.08M |
Operating CF Margin % | -1172.53% | 348.48% | -411.42% | -194.46% | -474.51% | -870.56% | -1314.4% | -5980.5% | - |
Operating CF Growth % | - | 512.88% | -178.92% | -59.29% | -23% | -7.6% | 42.31% | -4% | -180.88% |
Net Income | -40.87M | -16.82M | -44.26M | -34.12M | -68.77M | -68.17M | -49.23M | -52.4M | -45.07M |
Depreciation & Amortization | 422K | 243K | 300K | 544K | 751K | 1.02M | 490K | 328K | 616K |
Stock-Based Compensation | 314K | 1.17M | 1.8M | 5.18M | 7.53M | 0 | 5.29M | 15.39M | 1.39M |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 29.02M | -121K | 12.1M | 1.17M | 1.52M | 9.07M | 1.42M | 8.02M | 12.13M |
Working Capital Changes | 58K | 63.45M | -7.77M | -33.03M | -15.14M | -21.67M | -3.98M | -19.19M | -21.14M |
Change in Receivables | 0 | -1.33M | 519K | 361K | -291K | 0 | 0 | 0 | 0 |
Change in Inventory | 0 | 1.33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Change in Payables | 602K | -1.33M | 0 | 0 | 0 | -2.87M | -1.17M | -2.82M | -3.6M |
Cash from Investing | 10.97M | -316K | 2.92M | -1.76M | -99.28M | 64.14M | -34.9M | -5.81M | -14.19M |
Capital Expenditures | -305K | -316K | -766K | -1.76M | -1.43M | -414K | 0 | 0 | 0 |
CapEx % of Revenue | 30.81% | 2.3% | 8.33% | 5.68% | 9.16% | 4.52% | - | - | - |
Acquisitions | 11.27M | 0 | 3.69M | 0 | 0 | 0 | 0 | -5.21M | -5.21M |
Investments | - | - | - | - | - | - | - | - | - |
Other Investing | 11.27M | 0 | 0 | 0 | 0 | 0 | -7.07M | 0 | 0 |
Cash from Financing | 0 | 16.32M | 116.18M | 131.74M | 1.09M | 75.98M | 0 | 135.47M | 132.22M |
Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15M | 15M |
Equity Issued (Net) | 0 | 16.29M | 116.11M | 131.16M | 0 | 36.89M | 0 | 65.84M | 62.59M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | -57K | 0 | 0 | -663K | 0 | 0 | 0 |
Other Financing | 0 | 25K | 70K | 582K | 1.09M | 39.09M | 0 | 54.63M | 54.63M |
Net Change in Cash | -639K▲ 0% | 63.93M▲ 10104.2% | 81.28M▲ 27.1% | 69.73M▼ 14.2% | -172.3M▼ 347.1% | 59.98M▲ 134.8% | -80.91M▼ 234.9% | 82.41M▲ 201.9% | 39.28M▲ 0% |
Free Cash Flow | -11.91M▲ 0% | 47.61M▲ 499.7% | -38.59M▼ 181.1% | -62.01M▼ 60.7% | -75.54M▼ 21.8% | -80.16M▼ 6.1% | -46M▲ 42.6% | -47.84M▼ 4.0% | -52.08M▲ 0% |
FCF Margin % | -1203.33% | 346.19% | -419.75% | -200.14% | -483.67% | -875.08% | -1314.4% | -5980.5% | - |
FCF Growth % | - | 499.66% | -181.06% | -60.69% | -21.82% | -6.11% | 42.61% | -4% | -36.12% |
FCF per Share | -0.33 | 1.33 | -2.76 | -1.72 | -2.09 | -1.92 | -0.95 | -9.82 | -4.65 |
FCF Conversion (FCF/Net Income) | 0.28x | -2.85x | 0.85x | 1.77x | 1.08x | 1.17x | 1.26x | 1.06x | 1.16x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ImageneBio Inc (IMA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -63.87% | -38.76% | -43.04% | -24.73% | -35.01% | -35.2% |
| Return on Invested Capital (ROIC) | - | - | - | -141.07% | -73.77% | -35.88% | -35.94% | -61.12% |
| Gross Margin | -81.33% | -387.79% | -52.03% | -311.84% | 88.86% | 100% | -29.13% | - |
| Net Margin | -122.28% | -481.36% | -110.1% | -440.29% | -744.17% | -1044.8% | -5668.63% | - |
| Debt / Equity | - | - | 0.03x | 0.04x | 0.06x | 0.06x | 0.08x | 0.07x |
| Interest Coverage | - | - | - | - | - | - | - | -560.22x |
| FCF Conversion | -2.85x | 0.85x | 1.77x | 1.08x | 1.17x | 1.26x | 1.06x | 1.16x |
| Revenue Growth | 1289.19% | -33.15% | 237.01% | -49.59% | -41.35% | -61.79% | -77.14% | - |
ImageneBio Inc (IMA) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 7, 2026·SEC
Apr 13, 2026·SEC
Mar 17, 2026·SEC
ImageneBio Inc (IMA) stock FAQ — growth, dividends, profitability & financials explained
ImageneBio Inc (IMA) reported $0.8M in revenue for fiscal year 2025. This represents a 19% decrease from $1.0M in 2018.
ImageneBio Inc (IMA) saw revenue decline by 77.1% over the past year.
ImageneBio Inc (IMA) reported a net loss of $45.1M for fiscal year 2025.
ImageneBio Inc (IMA) has a return on equity (ROE) of -35.0%. Negative ROE indicates the company is unprofitable.
ImageneBio Inc (IMA) had negative free cash flow of $52.1M in fiscal year 2025, likely due to heavy capital investments.