Updated
Inovio PharmaceuticalsINO · Healthcare
$1.22-15.86%
Market cap$100M
IndustryBiotechnology

Inovio Pharmaceuticals (INO) Stock

What Inovio Pharmaceuticals's price implies, from its SEC filings.

Key numbers

P/E (trailing)
—
P/E (forward)
-3.60x
Price / free cash flow
—
EV / EBITDA
—
Revenue growth
-100.0%
Operating margin
—
Dividend yield
—
Debt / equity
0.00x

What Inovio Pharmaceuticals's price implies

Inovio Pharmaceuticals's free cash flow was negative in fiscal 2025, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Revenue and free cash flow

Fiscal years, from Inovio Pharmaceuticals's 10-K filings.

Inovio Pharmaceuticals revenue and free cash flow

FY2016–FY2025
INORevenue$0MINOFree cash flow-$89M
Inovio Pharmaceuticals revenue and free cash flow-$300M-$200M-$100M$0B$100M2016201720182019202020212022202320242025$0M-$89M

Results from SEC filings

All three statements · Quarters, TTM and 20+ years of statements in Investingly

Inovio Pharmaceuticals (INO) revenue, net income, free cash flow, EPS and operating margin by fiscal year
Fiscal year20212022202320242025
Revenue$2M$10M$832,010$217,756$65,343
Net income-$304M-$280M-$135M-$107M-$85M
Free cash flow-$217M-$217M-$125M-$105M-$89M
EPS (diluted)-$17.45-$14.07-$6.09-$3.95-$1.81
Operating margin-16,972.3%-2,607.4%-17,300.3%-51,616.9%-132,871.3%

Where the revenue comes from

By products, fiscal 2021. By year

Revenue under collaborative research and development arrangements$902,26051%
Other revenue$627,18835%
Revenue under collaborative research and development arrangements from affiliated entities$245,31014%

Superinvestors who own INO

From each investor's latest 13F filing (what a 13F shows). All 3 holders

InvestorLast quarterValue% of portfolioQuarter
David Shaw D. E. Shaw & Co. Trimmed $1M0.00%Q2 2026
Two Sigma Two Sigma Investments Added $1M0.00%Q2 2026
Jim Simons Renaissance Technologies Trimmed $397,4730.00%Q2 2026

Inovio Pharmaceuticals insider buying

Open-market purchases by executives and directors in the last 12 months, from SEC Form 4 filings (what insider buying tells you).

No open-market insider purchases of INO in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

Fundamental grade

F

Five factors scored 1 to 9 from INO's latest numbers. It describes the business, not whether the stock is a buy.

Valuation1
Profitability0
Growth0
Financial health5
Cash efficiency0

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How Inovio Pharmaceuticals compares

Inovio Pharmaceuticals's revenue growth is higher than 0% of Healthcare companies and 0% of the 3,491 companies with a revenue growth figure.

Inovio Pharmaceuticals (INO) percentile ranks: share of companies with a lower figure
Higher thanHealthcareAll stocks
Revenue growth0%0%
ROE0%0%

Questions about Inovio Pharmaceuticals

Are Inovio Pharmaceuticals insiders buying the stock?

No open-market insider purchases of INO in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Inovio Pharmaceuticals?

3 of the superinvestors Investingly tracks hold INO in their latest 13F, including David Shaw, Two Sigma, Jim Simons.

Prices and ratios as of Nov 9, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.

Investingly

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