Inovio Pharmaceuticals annual free cash flow
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2024
2025
Inovio Pharmaceuticals Free Cash Flow (FCF) History (INO)
Inovio Pharmaceuticals reported −$88.9M in free cash flow for fiscal 2025, an increase of $15.6M from the previous fiscal year, with a free cash flow margin of −136074.45%.
View full Inovio Pharmaceuticals company overviewInovio Pharmaceuticals free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$88.9M | $15.6M | — | −136074.45% |
| 2024 | 2024-12-31 | −$104.6M | $20.1M | — | −48019.06% |
| 2023 | 2023-12-31 | −$124.7M | $92.5M | — | −14986.17% |
| 2022 | 2022-12-31 | −$217.2M | −$245,043 | — | −2116.34% |
| 2021 | 2021-12-31 | −$216.9M | −$37.4M | — | −12223.61% |
| 2020 | 2020-12-31 | −$179.5M | −$80.7M | — | −2422.00% |
| 2019 | 2019-12-31 | −$98.8M | −$23.2M | — | −2403.69% |
| 2018 | 2018-12-31 | −$75.6M | −$2.1M | — | −248.13% |
| 2017 | 2017-12-31 | −$73.5M | −$8.2M | — | −174.09% |
| 2016 | 2016-12-31 | −$65.3M | −$50.1M | — | −184.61% |
| 2015 | 2015-12-31 | −$15.2M | $16.0M | — | −37.51% |
| 2014 | 2014-12-31 | −$31.2M | −$15.6M | — | −298.41% |
| 2013 | 2013-12-31 | −$15.6M | $7.0M | — | −115.53% |
| 2012 | 2012-12-31 | −$22.5M | −$2.6M | — | −547.46% |
| 2011 | 2011-12-31 | −$19.9M | −$7.8M | — | −203.33% |
| 2010 | 2010-12-31 | −$12.1M | $2.0M | — | −197.23% |
| 2009 | 2009-12-31 | −$14.1M | — | — | −154.92% |
Inovio Pharmaceuticals quarterly free cash flow
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Q2.17
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Q4.17
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Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$18.0M | $2.8M | — | — |
| Q1 2026 | 2026-03-31 | −$21.6M | $5.3M | — | — |
| Q4 2025 | 2025-12-31 | −$19.5M | $165,916 | — | — |
| Q3 2025 | 2025-09-30 | −$21.6M | $5.8M | — | — |
| Q2 2025 | 2025-06-30 | −$20.8M | $7.8M | — | — |
| Q1 2025 | 2025-03-31 | −$26.9M | $1.9M | — | −41218.49% |
| Q4 2024 | 2024-12-31 | −$19.7M | $6.6M | — | −16807.62% |
| Q3 2024 | 2024-09-30 | −$27.4M | $1.7M | — | — |
| Q2 2024 | 2024-06-30 | −$28.7M | $3.7M | — | −28444.85% |
| Q1 2024 | 2024-03-31 | −$28.8M | $8.2M | — | — |
| Q4 2023 | 2023-12-31 | −$26.3M | $10.2M | — | −25597.45% |
| Q3 2023 | 2023-09-30 | −$29.1M | $38.4M | — | −7494.13% |
| Q2 2023 | 2023-06-30 | −$32.3M | $18.9M | — | −14310.94% |
| Q1 2023 | 2023-03-31 | −$37.0M | $24.9M | — | −32156.34% |
| Q4 2022 | 2022-12-31 | −$36.5M | $2.0M | — | −29282.36% |
| Q3 2022 | 2022-09-30 | −$67.6M | −$20.9M | — | −737.94% |
| Q2 2022 | 2022-06-30 | −$51.2M | $27.4M | — | −6533.08% |
| Q1 2022 | 2022-03-31 | −$61.9M | −$8.8M | — | −31084.97% |
| Q4 2021 | 2021-12-31 | −$38.5M | $13.6M | — | −4592.31% |
| Q3 2021 | 2021-09-30 | −$46.7M | $27.9M | — | −15995.76% |
| Q2 2021 | 2021-06-30 | −$78.7M | −$51.5M | — | −28834.39% |
| Q1 2021 | 2021-03-31 | −$53.1M | −$27.5M | — | −14302.18% |
| Q4 2020 | 2020-12-31 | −$52.2M | −$38.3M | — | −935.00% |
| Q3 2020 | 2020-09-30 | −$74.5M | −$46.7M | — | −31561.11% |
| Q2 2020 | 2020-06-30 | −$27.2M | −$3.2M | — | −10175.30% |
| Q1 2020 | 2020-03-31 | −$25.6M | $7.5M | — | −1928.29% |
| Q4 2019 | 2019-12-31 | −$13.9M | $3.8M | — | −4956.11% |
| Q3 2019 | 2019-09-30 | −$27.9M | −$3.1M | — | −3214.71% |
| Q2 2019 | 2019-06-30 | −$24.0M | −$4.5M | — | −17694.06% |
| Q1 2019 | 2019-03-31 | −$33.1M | −$19.4M | — | −1170.11% |
| Q4 2018 | 2018-12-31 | −$17.6M | −$2.8M | — | −704.22% |
| Q3 2018 | 2018-09-30 | −$24.8M | −$3.9M | — | −1239.36% |
| Q2 2018 | 2018-06-30 | −$19.5M | $2.3M | — | −79.69% |
| Q1 2018 | 2018-03-31 | −$13.7M | $2.3M | — | −897.51% |
| Q4 2017 | 2017-12-31 | −$14.8M | $142,701 | — | −168.73% |
| Q3 2017 | 2017-09-30 | −$20.9M | −$1.8M | — | −790.35% |
| Q2 2017 | 2017-06-30 | −$21.8M | −$7.0M | — | −106.60% |
| Q1 2017 | 2017-03-31 | −$16.0M | $404,422 | — | −154.36% |
| Q4 2016 | 2016-12-31 | −$15.0M | −$7.4M | — | −175.82% |
| Q3 2016 | 2016-09-30 | −$19.1M | −$33.8M | — | −152.45% |
| Q2 2016 | 2016-06-30 | −$14.8M | −$5.1M | — | −238.33% |
| Q1 2016 | 2016-03-31 | −$16.4M | −$3.8M | — | −202.48% |
| Q4 2015 | 2015-12-31 | −$7.6M | $646,782 | — | −128.04% |
| Q3 2015 | 2015-09-30 | $14.6M | $23.0M | — | +60.55% |
| Q2 2015 | 2015-06-30 | −$9.7M | −$813,766 | — | −182.87% |
| Q1 2015 | 2015-03-31 | −$12.6M | −$6.9M | — | −243.78% |
| Q4 2014 | 2014-12-31 | −$8.2M | −$9.0M | — | −335.62% |
| Q3 2014 | 2014-09-30 | −$8.4M | −$2.5M | — | −454.48% |
| Q2 2014 | 2014-06-30 | −$8.9M | −$3.4M | — | −232.90% |
| Q1 2014 | 2014-03-31 | −$5.7M | −$569,029 | — | −243.42% |
| Q4 2013 | 2013-12-31 | $801,230 | $6.3M | — | +46.06% |
| Q3 2013 | 2013-09-30 | −$5.9M | $161,183 | — | −62.07% |
| Q2 2013 | 2013-06-30 | −$5.4M | −$27,644 | — | −693.49% |
| Q1 2013 | 2013-03-31 | −$5.2M | $363,882 | — | −355.27% |
| Q4 2012 | 2012-12-31 | −$5.5M | −$961,998 | — | −488.51% |
| Q3 2012 | 2012-09-30 | −$6.1M | −$765,661 | — | −707.86% |
| Q2 2012 | 2012-06-30 | −$5.4M | −$931,687 | — | −1243.00% |
| Q1 2012 | 2012-03-31 | −$5.5M | $28,479 | — | −326.84% |
| Q4 2011 | 2011-12-31 | −$4.6M | −$3.8M | — | −280.61% |
| Q3 2011 | 2011-09-30 | −$5.3M | — | — | −200.35% |
| Q2 2011 | 2011-06-30 | −$4.5M | — | — | −185.51% |
| Q1 2011 | 2011-03-31 | −$5.6M | — | — | −179.12% |
| Q3 2010 | 2010-09-30 | −$807,671 | — | — | −63.27% |
Inovio Pharmaceuticals free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$179.5M to −$88.9M, a net increase of $90.6M. Inovio Pharmaceuticals's latest reported quarter, Q2 2026, generated −$18.0M in free cash flow, an increase of $2.8M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Inovio Pharmaceuticals filings at SEC.gov ↗