Immunovant, Inc.
IMVT Nasdaq Biological Products, (No Diagnostic Substances) Financials FY2019โFY2026
Last close ยท Oct 23, 2026
$28.41
2.4%What Immunovant, Inc. does
No business description yet.
- Legal name
- Immunovant, Inc.
- Fiscal year ends
- March 31, 2026
- Latest annual report
- 10-K ยท May 20, 2026
- Accession ยท CIK
- 0001764013-26-000064
0001764013
Revenue and margins
Immunovant, Inc. had โ of revenue in fiscal 2026.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was โ$407M in fiscal 2026, โ of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Immunovant, Inc. returned โ to shareholders in fiscal 2026. The diluted share count rose 20.4%.
Balance sheet
Cash, debt and the ratios that show how comfortably Immunovant, Inc. can carry it.
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $494M | $377M | $635M | $714M | $902M |
| Current ratio | 11.5x | 9.3x | 13.7x | 11.2x | 9.1x |
| Quick ratio | 11.5x | 9.3x | 13.7x | 11.2x | 9.1x |
| Total assets | $516M | $406M | $666M | $776M | $957M |
| Total liabilities | $45.7M | $43.3M | $48.6M | $68.8M | $104M |
| Shareholders' equity | $470M | $362M | $618M | $707M | $853M |
| Net debt (โ = net cash) | โ | โ | โ | โ | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | โ / 6 | โ / 6 | โ / 6 | 2 / 7 | 4 / 7 | โ / 6 | โ / 6 |
| Accruals ratio | โ0.4% | โ21.2% | โ9.2% | โ10.9% | โ4.9% | โ8.4% | โ5.3% | โ11.3% |
| Altman Z'' | โ | โ | โ | โ | โ | โ | โ | โ |
8 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | โ | โ | โ | $0.0M | $7.6M | $24.9M | โ | โ |
| Net interest income | โ | โ | โ | $0.0M | $7.6M | $24.9M | โ | โ |
| Research and development | $25.7M | $47.9M | $68.6M | $102M | $160M | $213M | $361M | $457M |
| Interest expense | โ | $0.6M | $0.0M | โ | โ | โ | โ | โ |
| Pretax income | โ$28.6M | โ$66.3M | โ$108M | โ$157M | โ$211M | โ$259M | โ$413M | โ$505M |
| Income tax | $0.0M | $0.1M | โ$0.4M | โ$0.1M | $0.0M | $0.6M | $0.9M | $0.2M |
| Net income | โ$28.6M | โ$66.4M | โ$107M | โ$157M | โ$211M | โ$259M | โ$414M | โ$506M |
| Diluted EPS | โ$1.29 | โ$1.54 | โ$1.22 | โ$1.43 | โ$1.71 | โ$1.88 | โ$2.73 | โ$2.77 |
| Diluted shares | 0.02B | 0.04B | 0.09B | 0.11B | 0.12B | 0.14B | 0.15B | 0.18B |
| Cash flow | ||||||||
| Cash from operations | โ$28.5M | โ$53.4M | โ$83.3M | โ$106M | โ$188M | โ$214M | โ$376M | โ$407M |
| Capital expenditure | $0.1M | $0.0M | $0.2M | $0.3M | $0.2M | $0.4M | $0.8M | $0.0M |
| Free cash flow | โ$28.6M | โ$53.4M | โ$83.5M | โ$106M | โ$188M | โ$215M | โ$377M | โ$407M |
| Depreciation and amortization | $0.0M | $0.0M | $0.1M | $0.1M | $0.2M | $0.2M | $0.4M | $0.4M |
| Stock-based compensation | $1.3M | $7.0M | $18.8M | $34.2M | $32.3M | $41.1M | $49.5M | $55.7M |
| Balance sheet | ||||||||
| Cash and short-term investments | $7.0M | $101M | $400M | $494M | $377M | $635M | $714M | $902M |
| Current assets | $12.6M | $109M | $409M | $513M | $404M | $666M | $768M | $949M |
| Current liabilities | $0.3M | $15.3M | $18.8M | $44.5M | $43.3M | $48.6M | $68.8M | $104M |
| Property and equipment, net | $0.1M | $0.1M | $0.2M | $0.3M | $0.3M | $0.5M | $0.8M | $0.4M |
| Total assets | $13.8M | $109M | $412M | $516M | $406M | $666M | $776M | $957M |
| Total liabilities | $6.5M | $15.3M | $21.0M | $45.7M | $43.3M | $48.6M | $68.8M | $104M |
| Shareholders' equity | $7.3M | $94.1M | $391M | $470M | $362M | $618M | $707M | $853M |
| Margins | ||||||||
| Net margin | โ | โ | โ | โ | โ2,783.8% | โ1,039.5% | โ | โ |
| FCF margin | โ | โ | โ | โ | โ2,486.0% | โ860.1% | โ | โ |
| Net interest share of revenue | โ | โ | โ | โ | 100.0% | 100.0% | โ | โ |
| Returns | ||||||||
| Return on equity | โ389.7% | โ130.9% | โ44.3% | โ36.4% | โ50.7% | โ52.9% | โ62.5% | โ64.8% |
| Return on assets | โ206.8% | โ107.8% | โ41.2% | โ33.8% | โ45.8% | โ48.4% | โ57.4% | โ58.3% |
| Return on tangible equity | โ389.7% | โ70.6% | โ27.4% | โ33.4% | โ58.2% | โ42.0% | โ58.5% | โ59.3% |
| Growth | ||||||||
| Revenue growth | โ | โ | โ | โ | โ | 229.2% | โ | โ |
| Share count change | โ | 94.8% | 103.1% | 25.0% | 12.2% | 12.2% | 9.8% | 20.4% |
| Financial health | ||||||||
| Current ratio | 41.9x | 7.1x | 21.8x | 11.5x | 9.3x | 13.7x | 11.2x | 9.1x |
| Quick ratio | 41.9x | 7.1x | 21.8x | 11.5x | 9.3x | 13.7x | 11.2x | 9.1x |
| Capital allocation | ||||||||
| Capex / revenue | โ | โ | โ | โ | 2.6% | 1.4% | โ | โ |
| Stock comp / revenue | โ | โ | โ | โ | 426.2% | 164.8% | โ | โ |
| Quality scores | ||||||||
| Piotroski F-score | โ | โ | โ | โ | 2.0 | 4.0 | โ | โ |
| Accruals ratio | โ0.4% | โ21.2% | โ9.2% | โ10.9% | โ4.9% | โ8.4% | โ5.3% | โ11.3% |
Source: SEC EDGAR XBRL filings (CIK 0001764013). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.
