Immatics N.V. (IMTX) Revenue History
Annual and quarterly revenue from 2018 to 2024
Compound Annual Growth Rate (CAGR)
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IMTX Revenue Growth
IMTX Revenue Analysis (2018–2024)
As of May 8, 2026, Immatics N.V. (IMTX) generated trailing twelve-month (TTM) revenue of $84.8 million, reflecting significant decline in growth of -89.7% year-over-year. The most recent quarter (Q3 2025) recorded $5.2 million in revenue, up 9.5% sequentially.
Looking at the longer-term picture, IMTX's 5-year compound annual growth rate (CAGR) stands at +53.2%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $172.8 million in 2022.
When compared to Healthcare sector peers including TCRT (+0.0% YoY), AGEN (+10.4% YoY), and FATE (-51.2% YoY), IMTX has underperformed the peer group in terms of revenue growth. Compare IMTX vs TCRT →
IMTX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| IMTXCurrent | $85M | -89.7% | +53.2% | -24.8% | |
 TCRT | $10,000 | +0.0% | - | -48120.0% | |
 AGEN | $114M | +10.4% | +5.3% | -18.0% | |
 FATE | $7M | -51.2% | -26.7% | -2222.4% | |
 CRIS | $9M | -13.4% | -2.7% | -348.4% |
IMTX Historical Revenue Data (2018–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $155.8M | +188.6% | $155.8M | 100.0% | $-38,615,000 | -24.8% |
| 2023 | $54.0M | -68.8% | $-64,666,000 | -119.8% | $-101,725,000 | -188.4% |
| 2022 | $172.8M | +397.2% | $66.1M | 38.2% | $30.0M | 17.3% |
| 2021 | $34.8M | +11.2% | $-52,811,000 | -151.9% | $-86,294,000 | -248.2% |
| 2020 | $31.3M | +69.4% | $-35,832,000 | -114.7% | $-69,715,000 | -223.1% |
| 2019 | $18.4M | +389.4% | $-21,642,000 | -117.3% | $-33,013,000 | -178.9% |
| 2018 | $3.8M | - | $-30,201,000 | -801.1% | $-34,409,000 | -912.7% |
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Start ComparisonIMTX — Frequently Asked Questions
Quick answers to the most common questions about buying IMTX stock.
Is IMTX's revenue growth accelerating or slowing?
IMTX revenue declined -89.7% year-over-year, contrasting with the 5-year CAGR of +53.2%. TTM revenue fell to $85M. This reverses the prior growth trend.
What is IMTX's long-term revenue growth rate?
Immatics N.V.'s 5-year revenue CAGR of +53.2% reflects the variable expansion pattern. Current YoY growth of -89.7% is below this long-term average.
How is IMTX's revenue distributed by segment?
IMTX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2024 are available for download. Segment mix reveals concentration and diversification trends.