IO Biotech, Inc. (IOBT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 230K | 234K | 227K | 219K | 205K | 214K | 211K | 201K | 194K | 187K | 174K | 190K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | -230K | -234K | -227K | -219K | -205K | -214K | -211K | -201K | -194K | -187K | -174K | -190K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | -12.2% | -9.35% | -7.58% | -8.96% | -5.67% | -14.44% | -21.26% | -5.79% | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | 19.13M | 22.94M | 22.36M | 26.72M | 26.3M | 21.32M | 19.99M | 27.98M | 23.29M | 21.66M | 17.75M | 20.2M | 15.87M | 18.16M | 17.01M | 21.39M | 7.04M | 8.98M | 3.81M | 2.54M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 5.38M | 6.28M | 5.98M | 5.58M | 6.12M | 5.47M | 5.67M | 6.21M | 5.63M | 5.16M | 5.85M | 5.77M | 5.84M | 5.93M | 6.7M | 4.96M | 2.91M | 2.25M | 965K | 329K |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 13.74M | 16.65M | 16.38M | 21.15M | 20.18M | 15.85M | 14.31M | 21.77M | 17.66M | 16.5M | 11.9M | 14.43M | 10.02M | 12.23M | 10.31M | 16.44M | 4.13M | 6.74M | 2.85M | 2.21M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -19.36M | -23.17M | -22.58M | -26.94M | -26.5M | -21.53M | -20.2M | -28.18M | -23.48M | -21.85M | -17.92M | -20.39M | -15.87M | -18.16M | -17.01M | -21.39M | -7.04M | -8.98M | -3.81M | -2.54M |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | 26.97% | -7.6% | -11.82% | 4.4% | -12.86% | 1.46% | -12.68% | -38.23% | -48.02% | -20.32% | -5.37% | 4.7% | -125.29% | -102.17% | -346.11% | -742.65% | - | - | -82.66% | - |
| EBITDA | -19.13M | -22.94M | -22.36M | -26.72M | -26.3M | -21.32M | -19.99M | -27.98M | -23.29M | -21.66M | -17.75M | -20.2M | -15.75M | -18.15M | -16.79M | -21.39M | -7.04M | -8.98M | -3.68M | -2.54M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | 27.28% | -7.58% | -11.86% | 4.5% | -12.92% | 1.6% | -12.6% | -38.53% | -47.91% | -19.37% | -5.72% | 5.59% | -123.57% | -102.07% | -356.75% | -741.31% | - | - | - | - |
| D&A (Non-Cash Add-back) | 230K | 234K | 227K | 219K | 205K | 214K | 211K | 201K | 194K | 187K | 174K | 190K | 119K | 11K | 220K | 500 | -1K | 1K | 0 | 0 |
| EBIT | -9.16M | -25.85M | -22.27M | -30.89M | -23.81M | -20.31M | -19.04M | -25.83M | -22.12M | -20.65M | -16.64M | -19.08M | -15.49M | -18.29M | -17.02M | -21.09M | -4.39M | -38.29M | -3.68M | -2.54M |
| Net Interest Income | -631K | 32K | 414K | 722K | 1.07M | 1.31M | 1.62M | 1.95M | 1.71M | 1.2M | 1.03M | 780K | 379K | 56K | -108K | -151K | -67K | -71K | -72K | -11K |
| Interest Income | 255K | 285K | 414K | 722K | 1.07M | 1.31M | 1.62M | 1.95M | 1.71M | 1.2M | 1.03M | 780K | 457K | 158K | 15K | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 886K | 253K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 78K | 102K | 123K | 151K | 67K | 71K | 72K | 11K |
| Other Income/Expense | 9.31M | -2.93M | 309K | -3.94M | 2.7M | 1.22M | 1.16M | 2.35M | 1.37M | 1.21M | 1.29M | 1.3M | 292K | -230K | -128K | 154K | 2.58M | -29.38M | 65K | -15K |
| Pretax Income | -10.04M | -26.1M | -22.27M | -30.89M | -23.81M | -20.31M | -19.04M | -25.83M | -22.12M | -20.65M | -16.64M | -19.08M | -15.57M | -18.39M | -17.14M | -21.24M | -4.46M | -38.36M | -3.75M | -2.55M |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Income Tax | -1.66M | 118K | 146K | 445K | 209K | 374K | 415K | 353K | -439K | 532K | 406K | 987K | 115K | 104K | 66K | 68K | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 16.57% | -0.45% | -0.66% | -1.44% | -0.88% | -1.84% | -2.18% | -1.37% | 1.98% | -2.58% | -2.44% | -5.17% | -0.74% | -0.57% | -0.39% | -0.32% | 0% | 0% | 0% | 0% |
| Net Income | -8.38M | -26.22M | -22.42M | -31.33M | -24.02M | -20.69M | -19.46M | -26.18M | -21.68M | -21.18M | -17.04M | -20.07M | -15.69M | -18.5M | -17.2M | -21.31M | -4.46M | -38.36M | -3.75M | -2.55M |
| Net Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | 65.11% | -26.74% | -15.23% | -19.67% | -10.78% | 2.32% | -14.16% | -30.45% | -38.19% | -14.51% | 0.93% | 5.81% | -251.59% | 51.78% | -359.02% | -734.34% | - | - | -24.93% | - |
| Net Income (Continuing) | -8.38M | -26.22M | -22.42M | -31.33M | -24.02M | -20.69M | -19.46M | -26.18M | -21.68M | -21.18M | -17.04M | -20.07M | -15.69M | -18.5M | -17.2M | -21.31M | -4.46M | -38.36M | -3.75M | -2.55M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.13 | -0.40 | -0.34 | -0.48 | -0.36 | -0.31 | -0.30 | -0.40 | -0.43 | -0.73 | -0.59 | -0.70 | -0.54 | -0.64 | -0.60 | -0.83 | -0.17 | -3.32 | -0.32 | -0.22 |
| EPS Growth % | 63.89% | -29.03% | -13.33% | -20% | 16.28% | 57.53% | 49.15% | 42.86% | 20.37% | -14.06% | 1.67% | 15.66% | -217.65% | 80.72% | -87.5% | -277.27% | - | - | 98.38% | - |
| EPS (Basic) | -0.13 | -0.40 | -0.34 | -0.48 | -0.36 | -0.31 | -0.30 | -0.40 | -0.43 | -0.73 | -0.59 | -0.70 | -0.54 | -0.64 | -0.60 | -0.83 | -0.17 | -3.32 | -0.32 | -0.22 |
| Diluted Shares Outstanding | 66.94M | 65.88M | 65.88M | 65.88M | 65.88M | 65.88M | 65.88M | 65.88M | 50.17M | 28.82M | 28.82M | 28.82M | 28.82M | 28.82M | 28.82M | 25.73M | 25.73M | 11.55M | 11.55M | 11.55M |
| Basic Shares Outstanding | 66.94M | 65.88M | 65.88M | 65.88M | 65.88M | 65.88M | 65.88M | 65.88M | 50.17M | 28.82M | 28.82M | 28.82M | 28.82M | 28.82M | 28.82M | 25.73M | 25.73M | 11.55M | 11.55M | 11.55M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |