3 earlier Form 4 trades (code P or S) here by this insider (3 sales), the last on May 16, 2022.
The trade is 1.3% of the 892,625 shares held after it.
1 other insider sold within 30 days.
49 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Weiner David B. sold about $31.6K of INO on Aug 11, 2022, the largest insider sale at the company since 2021; 1 other insider sold within 30 days and 49 funds added in the latest 13F quarter.
2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on Mar 16, 2022.
The trade is 2.7% of the 75,305 shares held after it.
1 other insider sold within 30 days.
49 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director BENITO SIMON X sold about $4.5K of INO on Jul 20, 2022; 1 other insider sold within 30 days and 49 funds added in the latest 13F quarter.
13 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$0
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM INO
FY Dec 2025
$65.3K
FY Dec 2024
$217.8K
FY Dec 2023
$832.0K
FY Dec 2022
$10.3M
FY Dec 2021
$1.8M
Jun 2026
$0
Mar 2026
$0
Dec 2025
$0
Sep 2025
$0
Jun 2025
$0
Mar 2025
$65.3K
Dec 2024
$117.0K
Sep 2024
$0
At each fiscal year end
Single quarter
Net margin, TTM
n/a
revenue under $1M, the ratio says nothing
Net margin, TTM INO
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
-2,727%
FY Dec 2021
-17,110%
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Single quarter
Free cash flow, TTM
-$80.8M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM INO
FY Dec 2025
-$88.9M
FY Dec 2024
-$104.6M
FY Dec 2023
-$124.7M
FY Dec 2022
-$217.2M
FY Dec 2021
-$216.9M
Jun 2026
-$18.0M
Mar 2026
-$21.6M
Dec 2025
-$19.5M
Sep 2025
-$21.6M
Jun 2025
-$20.8M
Mar 2025
-$26.9M
Dec 2024
-$19.7M
Sep 2024
-$27.4M
At each fiscal year end
Single quarter
Debt to equity
0.00x
long-term debt only, 2023-12-31 (30 months older than the period end); equity 2026-06-30
Debt to equity INO
FY Dec 2025
0.00x
FY Dec 2024
0.00x
FY Dec 2023
0.00x
FY Dec 2022
0.07x
FY Dec 2021
0.16x
Jun 2026
0.00x
Mar 2026
0.00x
Dec 2025
0.00x
Sep 2025
n/a
Jun 2025
0.00x
Mar 2025
0.00x
Dec 2024
0.00x
Sep 2024
0.00x
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
n/a
no debt to cover
Cash flow to debt INO
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
-13.01x
FY Dec 2021
-3.44x
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
-410.2%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity INO
FY Dec 2025
-183.6%
FY Dec 2024
-115.1%
FY Dec 2023
-79.5%
FY Dec 2022
-90.0%
FY Dec 2021
-70.6%
Jun 2026
-410.2%
Mar 2026
-296.5%
Dec 2025
-183.6%
Sep 2025
-327.7%
Jun 2025
-139.7%
Mar 2025
-132.1%
Dec 2024
-115.1%
Sep 2024
-106.5%
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
-114.7%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets INO
FY Dec 2025
-90.7%
FY Dec 2024
-75.3%
FY Dec 2023
-52.0%
FY Dec 2022
-66.3%
FY Dec 2021
-58.6%
Jun 2026
-114.7%
Mar 2026
-124.0%
Dec 2025
-90.7%
Sep 2025
-122.2%
Jun 2025
-86.6%
Mar 2025
-88.9%
Dec 2024
-75.3%
Sep 2024
-75.1%
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
pre-tax loss, no effective tax rate to apply
Return on invested capital INO
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
-344.6%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed INO
FY Dec 2025
-160.0%
FY Dec 2024
-109.0%
FY Dec 2023
-75.7%
FY Dec 2022
-78.5%
FY Dec 2021
-64.9%
Jun 2026
-344.6%
Mar 2026
-233.2%
Dec 2025
-160.0%
Sep 2025
-215.9%
Jun 2025
-133.2%
Mar 2025
-127.9%
Dec 2024
-109.0%
Sep 2024
-102.5%
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
P/E, trailing INO
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$61.5M
market value at close 2026-10-23 on 2026-08-10 shares, plus long-term debt only, 2023-12-31 (30 months older than the period end), minus cash 2026-06-30
Enterprise value INO
FY Dec 2025
$48.9M
FY Dec 2024
-$18.1M
FY Dec 2023
$1.7B
FY Dec 2022
$4.6B
FY Dec 2021
$12.6B
Jun 2026
$59.0M
Mar 2026
$93.9M
Dec 2025
$48.9M
Sep 2025
$87.8M
Jun 2025
$50.5M
Mar 2025
$19.9M
Dec 2024
-$18.1M
Sep 2024
$128.4M
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
-86.8%
TTM free cash flow over market value at close 2026-10-23
FCF yield INO
FY Dec 2025
-95.4%
FY Dec 2024
-218.9%
FY Dec 2023
-7.5%
FY Dec 2022
-4.7%
FY Dec 2021
-1.7%
Jun 2026
-89.3%
Mar 2026
-69.5%
Dec 2025
-95.4%
Sep 2025
-71.6%
Jun 2025
-126.8%
Mar 2025
-171.8%
Dec 2024
-218.9%
Sep 2024
-74.1%
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
PEG, trailing INO
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-23. Hover or tap a tile for its yearly and quarterly history.Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
INO ranks highest on financial health (99th percentile) and institutional and government (46th), and lowest on profitability (12th), among Pharma & Biotech peers.
Profitability
12
Inputs
Return on equity-410.2% · 10 pct, sector of 545
Return on assets-114.7% · 21 pct, sector of 691
Return on invested capitalpre-tax loss, no effective tax rate to apply
Return on capital employed-344.6% · 5 pct, sector of 576
Financial health
100
Inputs
Debt to equity0.00x · 100 pct, sector of 352
Cash flow to debtno debt to cover
Growth
15
Inputs
Revenue growth, YoY-70.0% · 15 pct, sector of 505
Backlog growth, YoYno backlog line filed, or no year-earlier backlog
Institutional and government
46
Inputs
Funds adding, latest quarter49 · 46 pct, sector of 698
Congress net buyers, 365dno Congress trades in 365 days
Federal contracts, 180dno federal contracts in 180 days
Lobbying spend, 4 quartersno lobbying filings in the last four quarters
Risk and compliance
22
Inputs
Short interest, % of float+21.7% · 12 pct, sector of 813
Recalls per $1B revenue, 3yrevenue under $50M or not filed, so a count cannot be scaled to size
EPA cases per $1B revenue, 5yrevenue under $50M or not filed, so a count cannot be scaled to size
New text in Risk Factors, latest 10-K+14.5% · 31 pct, sector of 511
2 not measured: Insider conviction, US patents
Insider conviction needs 1 of 2 inputs, 0 present: no Form 4 purchase or sale (code P or S) in 180 days; no insider trades in 180 days
US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet
5 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
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