Immatics NV (IMTX) financial statements
Net income was -196M EUR.
Free cash flow was -183M EUR.
The diluted share count rose 270% over the period (dilution).
Income statement
Fiscal years, in EUR, from Immatics NV's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Research and development | 34M EUR | 40M EUR | 67M EUR | 88M EUR | 107M EUR | 119M EUR | 148M EUR | 184M EUR |
| Selling, general and admin | 8M EUR | 12M EUR | 34M EUR | 34M EUR | 36M EUR | 38M EUR | 46M EUR | 51M EUR |
| Operating income | -34M EUR | -33M EUR | -70M EUR | -86M EUR | 30M EUR | -102M EUR | -39M EUR | -182M EUR |
| Interest expense | 161,000 EUR | 264,000 EUR | 289,000 EUR | 566,000 EUR | 1M EUR | 831,000 EUR | 886,000 EUR | 946,000 EUR |
| Pre-tax income | -32M EUR | -32M EUR | -212M EUR | -93M EUR | 42M EUR | -97M EUR | 21M EUR | -198M EUR |
| Income tax | 0 EUR | 0 EUR | 0 EUR | 0 EUR | 14M EUR | -2M EUR | 6M EUR | -2M EUR |
| Net income | -31M EUR | -32M EUR | -211M EUR | -93M EUR | 28M EUR | -95M EUR | 15M EUR | -196M EUR |
| EPS (diluted) | — | — | -4.40 EUR | -1.48 EUR | 0.40 EUR | -1.18 EUR | 0.14 EUR | -1.61 EUR |
| Diluted shares | 33M | 33M | 48M | 63M | 69M | 81M | 107M | 122M |
Balance sheet
Fiscal years, in EUR, from Immatics NV's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | 39M EUR | 103M EUR | 208M EUR | 133M EUR | 149M EUR | 218M EUR | 237M EUR | 346M EUR |
| Receivables | — | 957,000 EUR | 1M EUR | 682,000 EUR | 1M EUR | 4M EUR | 6M EUR | 6M EUR |
| Total current assets | — | 124M EUR | 239M EUR | 152M EUR | 377M EUR | 449M EUR | 630M EUR | 504M EUR |
| Property, plant and equipment | — | 5M EUR | 8M EUR | 11M EUR | 13M EUR | 44M EUR | 50M EUR | 42M EUR |
| Total assets | — | 134M EUR | 255M EUR | 175M EUR | 408M EUR | 510M EUR | 696M EUR | 562M EUR |
| Total current liabilities | — | 69M EUR | 77M EUR | 95M EUR | 106M EUR | 157M EUR | 68M EUR | 43M EUR |
| Total liabilities | — | 175M EUR | 167M EUR | 151M EUR | 204M EUR | 292M EUR | 121M EUR | 78M EUR |
| Shareholders' equity | -9M EUR | -42M EUR | 87M EUR | 24M EUR | 203M EUR | 218M EUR | 575M EUR | 484M EUR |
| Net debt | -39M EUR | -103M EUR | -208M EUR | -133M EUR | -149M EUR | -218M EUR | -237M EUR | -346M EUR |
Cash flow
Fiscal years, in EUR, from Immatics NV's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 21M EUR | 71M EUR | -81M EUR | -85M EUR | 100M EUR | 18M EUR | -158M EUR | -177M EUR |
| Capital spending | 507,000 EUR | 2M EUR | 8M EUR | 6M EUR | 6M EUR | 31M EUR | 16M EUR | 7M EUR |
| Free cash flow | 20M EUR | 69M EUR | -88M EUR | -90M EUR | 94M EUR | -13M EUR | -175M EUR | -183M EUR |
| Stock-based compensation | 1M EUR | 700,000 EUR | 45,000 EUR | — | — | — | — | — |
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How much free cash flow does Immatics NV generate?
-183M EUR in fiscal 2025 (operating cash flow minus capital spending).
From Immatics NV's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.