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INMBINmune Bio, Inc.
$1.45$39M
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INMB logoINmune Bio, Inc.(INMB)Earnings, Financials & Key Ratios

INMB•NASDAQ
Price updated Jun 19, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryImmunology and Inflammation Therapies
AboutINmune Bio, Inc., a clinical-stage immunotherapy company, focuses on developing drugs to reprogram the patient's innate immune system to treat disease. The company develops and commercializes product candidates to treat hematologic malignancies, solid tumors, and chronic inflammation. Its development programs include INKmune, which focuses on treating women with relapse refractory ovarian carcinoma and patients with high-risk myelodysplastic syndrome; INB03, an immunotherapy that treats patients with hematologic malignancies and solid tumors; and XPro1595 for the treatment of Alzheimer's disease. The company has license agreements with Xencor, Inc.; Immune Ventures, LLC; University of Pittsburg; and University College London. INmune Bio, Inc. was incorporated in 2015 and is headquartered in Boca Raton, Florida.Show more
  • Revenue$50K+257.1%
  • EBITDA-$31M+26.8%
  • Net Income-$46M-9.2%
  • EPS (Diluted)-1.86+11.8%
  • Gross Margin100%
  • EBITDA Margin-61570%+79.5%
  • Operating Margin-61738%+79.7%
  • Net Margin-91866%+69.4%
  • ROE-165.16%-37.8%

INMB Key Insights

INmune Bio, Inc. (INMB) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong 5Y sales CAGR of 35.4%

✗Weaknesses

  • ✗Profits declining 30.6% over 5 years
  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 33.3% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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INMB Price & Volume

INmune Bio, Inc. (INMB) stock price & volume — 10-year historical chart

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INMB Growth Metrics

INmune Bio, Inc. (INMB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years35.37%
3 Years-48.87%
TTM-100%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-1.97%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM12.89%

Return on Capital

10 Years-171.86%
5 Years-71.78%
3 Years-94.79%
Last Year-109.71%

INMB Peer Comparison

INmune Bio, Inc. (INMB) competitors in Immunology and Inflammation Therapies — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
SAVA logoSAVACassava Sciences, Inc.Direct Competitor63.77M1.32-2.54-95.77%
PRTA logoPRTAProthena Corporation plcDirect Competitor467.51M8.93-1.97-92.84%-260.92%-49.88%0.05
ACAD logoACADACADIA Pharmaceuticals Inc.Direct Competitor3.7B21.629.4411.87%34.3%35.65%0.04
AVXL logoAVXLAnavex Life Sciences Corp.Direct Competitor252.99M2.73-5.06-38.76%
BIIB logoBIIBBiogen Inc.Product Competitor29.02B196.5822.261.39%13.92%7.55%0.38
IONS logoIONSIonis Pharmaceuticals, Inc.Product Competitor12.25B74.12-31.1433.87%-30.87%-58.57%5.35
ALNY logoALNYAlnylam Pharmaceuticals, Inc.Product Competitor37.1B278.09119.3565.19%13.46%98.29%1.62
RCUS logoRCUSArcus Biosciences, Inc.Product Competitor2.45B24.31-7.39-4.26%-156.36%-68.97%0.16

Compare INMB vs Peers

INmune Bio, Inc. (INMB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SAVA

Most directly comparable listed peer for INMB.

Scale Benchmark

vs LLY

Larger-name benchmark to compare INMB against a more recognizable public peer.

Peer Set

Compare Top 5

vs SAVA, PRTA, ACAD, AVXL

INMB Income Statement

INmune Bio, Inc. (INMB) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue
00011K181K374K155K14K50K0
Revenue Growth %
----1545.45%106.63%-58.56%-90.97%257.14%-100%
Cost of Goods Sold
000000000108K
COGS % of Revenue
----------
Gross Profit
0▲ 0%
0▲ 0%
0▲ 0%
11K▲ 0%
181K▲ 1545.5%
374K▲ 106.6%
155K▼ 58.6%
14K▼ 91.0%
50K▲ 257.1%
-108K▲ 0%
Gross Margin %
---100%100%100%100%100%100%-
Gross Profit Growth %
----1545.45%106.63%-58.56%-90.97%257.14%-
Operating Expenses
981.48K12.44M7.76M12.24M29.33M26.32M29.9M42.65M30.92M43.18M
OpEx % of Revenue
---111263.64%16206.63%7038.77%19287.74%304635.71%61838%-
Selling, General & Admin
546.12K9.09M4.47M6.32M8.79M9.26M9.62M9.48M10.26M10.12M
SG&A % of Revenue
---57463.64%4856.91%2475.4%6208.39%67735.71%20520%-
Research & Development
435.36K1.1M3.28M5.92M20.54M17.07M20.27M33.17M20.66M16.66M
R&D % of Revenue
---53790.91%11349.72%4563.37%13079.35%236900%41318%-
Other Operating Expenses
-6001K00000892K
Operating Income
-981K▲ 0%
-12.44M▼ 1168.1%
-7.76M▲ 37.7%
-12.23M▼ 57.7%
-29.15M▼ 138.4%
-25.95M▲ 11.0%
-29.74M▼ 14.6%
-42.63M▼ 43.4%
-30.87M▲ 27.6%
-43.29M▲ 0%
Operating Margin %
----111163.64%-16106.63%-6938.77%-19187.74%-304535.71%-61738%-
Operating Income Growth %
-332.16%-1168.09%37.65%-57.66%-138.41%10.98%-14.6%-43.35%27.6%-
EBITDA
4800-7.68M0000-42.08M-30.79M-26.72M
EBITDA Margin %
--------300585.71%-61570%-
EBITDA Growth %
-2.24%-100%-100%----26.85%14.4%
D&A (Non-Cash Add-back)
981.48K12.44M012.23M29.15M25.95M29.74M553K84K56K
EBIT
-831K-12.44M-7.68M-12.23M-29.15M-25.95M-29.74M-42.63M-30.87M-26.78M
Net Interest Income
0077.69K00000850K210K
Interest Income
0077.69K00000850K210K
Interest Expense
0000000000
Other Income/Expense
149.99K077.69K129K-1.19M-1.35M-267K553K-15.06M1.69M
Pretax Income
-831K▲ 0%
-12.44M▼ 1397.0%
-7.68M▲ 38.3%
-12.1M▼ 57.6%
-30.34M▼ 150.8%
-27.3M▲ 10.0%
-30.01M▼ 9.9%
-42.08M▼ 40.2%
-45.93M▼ 9.2%
-41.6M▲ 0%
Pretax Margin %
----109990.91%-16762.43%-7299.2%-19360%-300585.71%-91866%-
Income Tax
0000000000
Effective Tax Rate %
0%0%0%0%0%0%0%0%0%0%
Net Income
-831K▲ 0%
-12.44M▼ 1397.0%
-7.68M▲ 38.3%
-12.1M▼ 57.6%
-30.34M▼ 150.8%
-27.3M▲ 10.0%
-30.01M▼ 9.9%
-42.08M▼ 40.2%
-45.93M▼ 9.2%
-41.6M▲ 0%
Net Margin %
----109990.91%-16762.43%-7299.2%-19360%-300585.71%-91866%-
Net Income Growth %
-200%-1396.99%38.28%-57.57%-150.76%10.02%-9.92%-40.24%-9.15%-1.97%
Net Income (Continuing)
-831K-12.44M-7.68M-12.1M-30.34M-27.3M-30.01M-42.08M-45.93M-41.6M
Discontinued Operations
0000000000
Minority Interest
0000000000
EPS (Diluted)
-0.07▲ 0%
-1.11▼ 1398.0%
-0.89▲ 19.8%
-1.01▼ 13.5%
-1.88▼ 86.1%
-1.52▲ 19.1%
-1.67▼ 9.9%
-2.11▼ 26.3%
-1.86▲ 11.8%
-1.56▲ 0%
EPS Growth %
-36.72%-1397.98%19.82%-13.48%-86.14%19.15%-9.87%-26.35%11.85%12.89%
EPS (Basic)
-0.07-1.11-0.89-1.01-1.88-1.52-1.67-2.11-1.86-
Diluted Shares Outstanding
11.22M11.22M10.27M11.99M16.13M17.93M17.98M19.94M26.59M26.59M
Basic Shares Outstanding
11.22M11.22M10.27M11.99M16.13M17.93M17.98M19.94M26.59M26.59M
Dividend Payout Ratio
----------

INMB Balance Sheet

INmune Bio, Inc. (INMB) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets
1.9M849.34K7.76M23.99M82.61M64.67M39.94M22.66M29.89M22.82M
Cash & Short-Term Investments
1.37M186.2K7M21.97M74.81M52.15M35.85M20.92M24.75M21.36M
Cash Only
1.37M186.2K7M21.97M74.81M52.15M35.85M20.92M24.75M21.36M
Short-Term Investments
0000000000
Accounts Receivable
327.61K647.59K645.36K05.5M8.46M2.44M1.41M4.54M770K
Days Sales Outstanding
----11.1K8.26K5.75K36.73K33.15K-
Inventory
00-769.13M0-5.5M34K0000
Days Inventory Outstanding
----------
Other Current Assets
00769.13M1.8M5.5M-34K0331K595K694K
Total Non-Current Assets
16.51M16.51M16.71M16.67M17.34M17.12M17.06M16.9M2.46M3M
Property, Plant & Equipment
00191.54K156K726K507K414K307K914K2.31M
Fixed Asset Turnover
---0.07x0.25x0.74x0.37x0.05x0.05x0.00x
Goodwill
0000000000
Intangible Assets
16.51M16.51M16.51M16.51M16.51M16.51M16.51M16.51M00
Long-Term Investments
0000000000
Other Non-Current Assets
000099K99K131K79K1.55M683K
Total Assets
18.41M▲ 0%
17.36M▼ 5.7%
24.47M▲ 40.9%
40.66M▲ 66.1%
99.94M▲ 145.8%
81.8M▼ 18.2%
57M▼ 30.3%
39.56M▼ 30.6%
32.35M▼ 18.2%
25.82M▲ 0%
Asset Turnover
---0.00x0.00x0.00x0.00x0.00x0.00x0.00x
Asset Growth %
3977.32%-5.7%40.93%66.14%145.83%-18.16%-30.31%-30.59%-18.23%-114.88%
Total Current Liabilities
309.72K823.77K700.38K1.78M4.36M10.92M18.46M7.22M8.42M5.39M
Accounts Payable
136.4K553.22K401.99K1.52M3.8M5.21M7.9M6.56M7.79M4.68M
Days Payables Outstanding
---------23.01K
Short-Term Debt
000072K5M9.92M00704K
Deferred Revenue (Current)
00-298.39K0474K616K0000
Other Current Liabilities
00298.39K190K-62K9K524K517K00
Current Ratio
6.13x1.03x11.09x13.51x18.95x5.92x2.16x3.14x3.55x4.24x
Quick Ratio
6.13x1.03x1109.25x13.51x20.21x5.92x2.16x3.14x3.55x4.24x
Cash Conversion Cycle
----------
Total Non-Current Liabilities
00160.16K126K15.36M10.77M397K244K411K806K
Long-Term Debt
000014.46M9.7M0000
Capital Lease Obligations
00160.16K126K704K526K397K244K411K2.07M
Deferred Tax Liabilities
0000000000
Other Non-Current Liabilities
0000199K550K0000
Total Liabilities
309.72K823.77K860.54K1.9M19.72M21.69M18.86M7.46M8.83M6.19M
Total Debt
00168.45K160K15.23M15.31M10.44M384K1.03M1.51M
Net Debt
-1.37M-186.2K-6.83M-21.81M-59.58M-36.84M-25.41M-20.54M-23.72M-19.85M
Debt / Equity
--0.01x0.00x0.19x0.25x0.27x0.01x0.04x0.08x
Debt / EBITDA
----------0.06x
Net Debt / EBITDA
-2855.65x--------0.74x
Interest Coverage
----------
Total Equity
18.1M▲ 0%
16.54M▼ 8.6%
23.61M▲ 42.7%
38.75M▲ 64.1%
80.22M▲ 107.0%
60.1M▼ 25.1%
38.14M▼ 36.5%
32.1M▼ 15.8%
23.52M▼ 26.7%
19.62M▲ 0%
Equity Growth %
12233.64%-8.64%42.75%64.14%107.01%-25.08%-36.55%-15.84%-26.71%-117.11%
Book Value per Share
1.611.472.303.234.973.352.121.610.880.74
Total Shareholders' Equity
18.1M16.54M23.61M38.75M80.22M60.1M38.14M32.1M23.52M19.62M
Common Stock
8.32K8.72K10.77K13K18K18K817K22K27K27K
Retained Earnings
-1.16M-13.6M-21.28M-33.38M-63.72M-91.01M-121.02M-163.1M-209.04M-214.44M
Treasury Stock
0000000000
Accumulated OCI
32.04K6.53K-8.52K11K1K-699K-799K-575K-737K-727K
Minority Interest
0000000000

INMB Cash Flow Statement

INmune Bio, Inc. (INMB) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
-761.83K-2.06M-5.38M-8.94M-28.5M-22.69M-11.98M-33.36M-22.58M-19.17M
Operating CF Margin %
----81305.87%-15748.07%-6065.78%-7729.03%-238292.86%-45164%-
Operating CF Growth %
-140.04%-170.27%-161.52%-66.09%-218.71%20.41%47.19%-178.47%32.31%151.92%
Net Income
-831.49K-12.44M-7.68M-12.1M-30.34M-27.3M-30.01M-42.08M0-41.6M
Depreciation & Amortization
00000000024K
Stock-Based Compensation
199.56K10M4.1M04.8M7.15M7.37M7.61M0-2.08M
Deferred Taxes
0000000000
Other Non-Cash Items
-150K9.81M-1.54M3.11M126K328K224K79K-20.05M-18.7M
Working Capital Changes
20.1K379.67K-260.88K43.51K-3.09M-2.86M10.44M1.04M-2.53M-2.82M
Change in Receivables
-67.12K-319.98K2.22K-1.15M-3.71M-2.96M6.02M1.03M-3.13M646K
Change in Inventory
00-2.22K03.71M2.96M0000
Change in Payables
238.91K514.05K-131.68K1.08M2.26M1.4M2.72M-1.37M1.85M-1.9M
Cash from Investing
-100K000-15M000-1.04M-1.04M
Capital Expenditures
-100K000-15M000-1.04M-1.6M
CapEx % of Revenue
---0.04%8287.29%---2084%-
Acquisitions
0000000000
Investments
----------
Other Investing
-100K00000000563K
Cash from Financing
2.06M900K12.21M23.9M96.36M729K-4.22M18.21M27.61M22.34M
Debt Issued (Net)
000014.95M0-5M-10M00
Equity Issued (Net)
2.06M900K12.21M23.9M80.25M699K775K27.79M27.61M22.34M
Dividends Paid
0000000000
Share Repurchases
000-1.01M000000
Other Financing
00001.15M30K0422K00
Net Change in Cash
1.23M▲ 0%
-1.18M▼ 196.4%
6.81M▲ 674.9%
14.97M▲ 119.9%
52.84M▲ 253.0%
-22.66M▼ 142.9%
-16.3M▲ 28.0%
-14.93M▲ 8.5%
3.83M▲ 125.7%
2.02M▲ 0%
Free Cash Flow
-861.83K▲ 0%
-2.06M▼ 138.9%
-5.38M▼ 161.5%
-8.94M▼ 66.1%
-43.5M▼ 386.4%
-22.69M▲ 47.9%
-11.98M▲ 47.2%
-33.36M▼ 178.5%
-23.62M▲ 29.2%
-20.78M▲ 0%
FCF Margin %
----81305.91%-24035.36%-6065.78%-7729.03%-238292.86%-47248%-
FCF Growth %
-171.55%-138.91%-161.52%-66.1%-386.42%47.85%47.19%-178.47%29.19%36.48%
FCF per Share
-0.08-0.18-0.52-0.75-2.70-1.27-0.67-1.67-0.89-0.78
FCF Conversion (FCF/Net Income)
0.92x0.17x0.70x0.74x0.94x0.83x0.40x0.79x0.49x0.50x
Interest Paid
0000000000
Taxes Paid
0000000000

INMB Key Ratios

INmune Bio, Inc. (INMB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)
-9.26%-71.82%-38.25%-38.8%-51%-38.91%-61.09%-119.83%-165.16%-170.86%
Return on Invested Capital (ROIC)
-8.76%-56.4%-35.11%-54.38%-116.31%-88.65%-123.96%-263.32%-407.39%2259%
Gross Margin
---100%100%100%100%100%100%-
Net Margin
----109990.91%-16762.43%-7299.2%-19360%-300585.71%-91866%-
Debt / Equity
--0.01x0.00x0.19x0.25x0.27x0.01x0.04x0.08x
FCF Conversion
0.92x0.17x0.70x0.74x0.94x0.83x0.40x0.79x0.49x0.50x
Revenue Growth
----1545.45%106.63%-58.56%-90.97%257.14%-100%
Related:INMB Dividend History·INMB Revenue History·INMB Price History·INMB P/E History·INMB Financial Ratios·INMB Institutional Holders

INMB SEC Filings & Documents

INmune Bio, Inc. (INMB) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 14, 2026·SEC

Material company update

May 5, 2026·SEC

Material company update

Feb 27, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 30, 2026·SEC

FY 2025

Mar 27, 2025·SEC

10-Q Quarterly Reports

4
FY 2026

May 7, 2026·SEC

FY 2025

Oct 30, 2025·SEC

FY 2025

Aug 7, 2025·SEC

INMB Frequently Asked Questions

INmune Bio, Inc. (INMB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

INmune Bio, Inc. (INMB) reported $0.1M in revenue for fiscal year 2025.

INmune Bio, Inc. (INMB) grew revenue by 257.1% over the past year. This is strong growth.

INmune Bio, Inc. (INMB) reported a net loss of $41.6M for fiscal year 2025.

Dividend & Returns

INmune Bio, Inc. (INMB) has a return on equity (ROE) of -165.2%. Negative ROE indicates the company is unprofitable.

INmune Bio, Inc. (INMB) had negative free cash flow of $20.8M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in INMB back in 2015?

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