Immunocore Holdings PLC
NASDAQ:IMCR
Income Statement
Earnings Waterfall
Immunocore Holdings PLC
Income Statement
Immunocore Holdings PLC
| Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||
| Interest Expense |
3
|
2
|
3
|
3
|
2
|
2
|
2
|
2
|
5
|
0
|
0
|
0
|
5
|
3
|
8
|
12
|
19
|
19
|
17
|
16
|
0
|
|
| Revenue |
30
N/A
|
22
-26%
|
28
+26%
|
27
-3%
|
27
-3%
|
41
+54%
|
67
+65%
|
102
+53%
|
144
+41%
|
166
+15%
|
182
+10%
|
206
+13%
|
249
+21%
|
433
+74%
|
461
+6%
|
476
+3%
|
310
-35%
|
334
+8%
|
356
+7%
|
380
+7%
|
400
+5%
|
|
| Gross Profit | ||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
22
N/A
|
54
+144%
|
95
+76%
|
143
+50%
|
165
+15%
|
180
+9%
|
204
+13%
|
248
+22%
|
431
+73%
|
457
+6%
|
472
+3%
|
307
-35%
|
330
+7%
|
353
+7%
|
377
+7%
|
395
+5%
|
|
| Operating Income | ||||||||||||||||||||||
| Operating Expenses |
(120)
|
(98)
|
(138)
|
(145)
|
(155)
|
(160)
|
(159)
|
(157)
|
(184)
|
(206)
|
(230)
|
(261)
|
(308)
|
(533)
|
(560)
|
(583)
|
(378)
|
(378)
|
(400)
|
(422)
|
(440)
|
|
| Selling, General & Administrative |
(46)
|
(44)
|
(68)
|
(78)
|
(74)
|
(88)
|
(83)
|
(75)
|
(90)
|
(107)
|
(122)
|
(136)
|
(144)
|
(243)
|
(248)
|
(258)
|
(156)
|
(157)
|
(161)
|
(165)
|
(165)
|
|
| Research & Development |
(75)
|
(58)
|
(74)
|
(70)
|
(73)
|
(72)
|
(76)
|
(82)
|
(89)
|
(99)
|
(108)
|
(125)
|
(164)
|
(290)
|
(312)
|
(325)
|
(222)
|
(221)
|
(239)
|
(257)
|
(275)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
1
|
4
|
4
|
4
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(90)
N/A
|
(75)
+16%
|
(110)
-46%
|
(117)
-7%
|
(128)
-9%
|
(120)
+7%
|
(92)
+23%
|
(55)
+40%
|
(41)
+25%
|
(41)
+1%
|
(49)
-22%
|
(56)
-14%
|
(60)
-6%
|
(103)
-72%
|
(103)
0%
|
(111)
-7%
|
(70)
+36%
|
(48)
+32%
|
(46)
+2%
|
(45)
+3%
|
(45)
-1%
|
|
| Pre-Tax Income | ||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
16
|
3
|
5
|
8
|
(0)
|
7
|
7
|
9
|
3
|
5
|
4
|
1
|
7
|
|
| Non-Reccuring Items |
4
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(6)
|
(5)
|
(4)
|
(3)
|
(1)
|
(1)
|
3
|
12
|
14
|
20
|
20
|
16
|
20
|
|
| Pre-Tax Income |
(87)
N/A
|
(78)
+10%
|
(114)
-46%
|
(123)
-8%
|
(141)
-15%
|
(125)
+11%
|
(97)
+22%
|
(60)
+38%
|
(44)
+27%
|
(43)
+3%
|
(48)
-13%
|
(51)
-6%
|
(61)
-19%
|
(97)
-59%
|
(93)
+4%
|
(89)
+4%
|
(53)
+41%
|
(23)
+57%
|
(22)
+2%
|
(28)
-26%
|
(19)
+32%
|
|
| Net Income | ||||||||||||||||||||||
| Tax Provision |
13
|
11
|
14
|
12
|
9
|
6
|
6
|
5
|
3
|
1
|
(1)
|
(2)
|
6
|
5
|
4
|
6
|
2
|
1
|
2
|
(1)
|
(16)
|
|
| Income from Continuing Operations |
(74)
|
(67)
|
(100)
|
(111)
|
(132)
|
(119)
|
(92)
|
(55)
|
(41)
|
(42)
|
(50)
|
(54)
|
(55)
|
(91)
|
(89)
|
(83)
|
(51)
|
(22)
|
(20)
|
(29)
|
(36)
|
|
| Net Income (Common) |
(74)
N/A
|
(67)
+9%
|
(100)
-49%
|
(111)
-11%
|
(132)
-18%
|
(119)
+10%
|
(92)
+23%
|
(55)
+40%
|
(41)
+26%
|
(42)
-1%
|
(50)
-19%
|
(54)
-8%
|
(55)
-3%
|
(91)
-65%
|
(89)
+3%
|
(83)
+7%
|
(51)
+38%
|
(22)
+58%
|
(20)
+6%
|
(29)
-44%
|
(36)
-22%
|
|
| EPS (Diluted) |
-1.75
N/A
|
-1.74
+1%
|
-2.28
-31%
|
-2.53
-11%
|
-3.1
-23%
|
-2.71
+13%
|
-2.1
+23%
|
-1.07
+49%
|
-0.9
+16%
|
-0.86
+4%
|
-1.04
-21%
|
-0.98
+6%
|
-1.13
-15%
|
-1.83
-62%
|
-1.77
+3%
|
-1.56
+12%
|
-1.02
+35%
|
-0.41
+60%
|
-0.42
-2%
|
-0.59
-40%
|
-0.71
-20%
|
|