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ImmunityBio reports Q2 revenue $26.4M, consensus $21.95M

In the second quarter of 2025, ImmunityBio (IBRX) reported $26.4M in revenue, representing a 60% increase from $16.5M in the first quarter of 2025. This growth reflects continued commercial traction of ANKTIVA + BCG in BCG-unresponsive non-muscle invasive bladder cancer with CIS with or without Papillary tumors. The 1H 2025 sales of $42.9M represents a 246% increase in unit volume during the first two quarters of 2025 since the J-code approval versus the last two quarters of 2024. The company ended the quarter with $153.7M in cash, cash equivalents and marketable securities as of June 30.

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