ImmunityBio, Inc. (IBRX) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
IBRX's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
IBRX Revenue Analysis (2013–2024)
As of February 28, 2026, ImmunityBio, Inc. (IBRX) generated trailing twelve-month (TTM) revenue of $82.6 million, reflecting explosive growth of +425.1% year-over-year. The most recent quarter (Q3 2025) recorded $32.1 million in revenue, up 21.3% sequentially.
Looking at the longer-term picture, IBRX's 5-year compound annual growth rate (CAGR) stands at +221.4%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $14.7 million in 2024, representing a new all-time high.
Revenue diversification analysis shows IBRX's business is primarily driven by Product (96%), and Product and Service, Other (4%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Healthcare sector peers including INCY (+21.2% YoY), GMAB (+21.0% YoY), and EXEL (+9.9% YoY), IBRX has outperformed the peer group in terms of revenue growth. Compare IBRX vs INCY →
Peer Comparison
Compare IBRX's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| IBRXCurrent | $83M | +425.1% | +221.4% | -2334.2% | |
| INCY | $5.1B | +21.2% | +14.0% | 26.1% | |
| GMAB | $21.5B | +21.0% | +32.0% | 31.1% | |
| EXEL | $2.3B | +9.9% | +18.6% | 37.6% | |
| MRUS | $35M | +55.9% | +4.7% | -753.0% | |
| CGON | $1M | +217.8% | - | -10067.3% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $14.7M | +2270.6% | $14.7M | 100.0% | $-344,182,000 | -2334.2% |
| 2023 | $622K | +159.2% | $622K | 100.0% | $-362,250,000 | -58239.5% |
| 2022 | $240K | -74.3% | $240K | 100.0% | $-351,298,000 | -146374.2% |
| 2021 | $934K | +54.4% | $934K | 100.0% | $-330,280,000 | -35361.9% |
| 2020 | $605K | +1307.0% | $605K | 100.0% | $-220,880,000 | -36509.1% |
| 2019 | $43K | -8.5% | $-8,969,000 | -20858.1% | $-66,907,000 | -155597.7% |
| 2018 | $47K | +4.4% | $3.2M | 6717.0% | $-98,389,000 | -209338.3% |
| 2017 | $45K | +2.3% | $45K | 100.0% | $-99,120,000 | -220266.7% |
| 2016 | $44K | -81.4% | $44K | 100.0% | $-124,500,000 | -282954.5% |
| 2015 | $236K | -63.2% | $236K | 100.0% | $-238,876,000 | -101218.6% |
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Start ComparisonFrequently Asked Questions
Is IBRX's revenue growth accelerating or slowing?
IBRX revenue is accelerating at +425.1% year-over-year, exceeding the 5-year CAGR of +221.4%. TTM revenue reached $83M. Growth momentum has increased versus prior periods.
What is IBRX's long-term revenue growth rate?
ImmunityBio, Inc.'s 5-year revenue CAGR of +221.4% reflects the sustained expansion pattern. Current YoY growth of +425.1% is above this long-term average.
How is IBRX's revenue distributed by segment?
IBRX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.