IO Biotech, Inc. Financial Summary

Quick Answer

IO Biotech, Inc. reported Net Income of -$95.49 million for fiscal year 2024.

IO Biotech, Inc. — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Net Income -$95.49M
-10.9%
-$86.08M
-20.5%
-$71.46M
-5.3%
-$67.88M
-463.7%
-$12.04M
Diluted EPS -$1.45
+26.8%
-$1.98
+20.2%
-$2.48
+85.7%
-$17.30
Total Assets $67.70M
-55.1%
$150.72M
-0.7%
$151.81M
-31.7%
$222.29M
+3832.2%
$5.65M
Cash and Equivalents $60.03M
-58.1%
$143.19M
+0.4%
$142.59M
-32.6%
$211.53M
+6112.4%
$3.40M
Stockholders Equity $47.02M
-64.7%
$133.16M
-4.1%
$138.85M
-34.5%
$211.92M
+700.3%
-$35.30M
-50.0%
-$23.53M
R&D Expense $71.48M
+5.4%
$67.83M
+44.4%
$46.99M
+55.8%
$30.15M
+256.2%
$8.46M
Operating Income -$95.18M
-4.1%
-$91.44M
-28.0%
-$71.42M
-73.2%
-$41.23M
-306.4%
-$10.14M
Shares Outstanding 65.88M
+0.0%
65.88M
+128.6%
28.82M
+0.0%
28.82M 0

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Net Income September 30, 2025 -$8.38M +65.1% +68.0%
Diluted EPS September 30, 2025 -$0.13 +63.9% +67.5%
Total Assets September 30, 2025 $39.96M -55.6% -5.6%
Cash and Equivalents September 30, 2025 $30.66M -61.8% +9.0%
Long-Term Debt September 30, 2025 $16.66M +148.0%
Stockholders Equity September 30, 2025 $911.0K -98.7% -42.8%
R&D Expense September 30, 2025 $13.74M -31.9% -17.5%
Operating Income September 30, 2025 -$19.36M +27.0% +16.5%
Shares Outstanding September 30, 2025 69.69M +5.8% +5.8%
  • IO Biotech, Inc. reported Net Income of -$95.49 million for fiscal year 2024.
  • IO Biotech, Inc. showed a decrease of -10.9% in Net Income compared to the prior fiscal year.
  • IO Biotech, Inc. reported Diluted EPS of $1.45 per share (loss) for fiscal year 2024.
  • IO Biotech, Inc. showed an increase of +26.8% in Diluted EPS compared to the prior fiscal year.
  • IO Biotech, Inc. reported Total Assets of $67.70 million for fiscal year 2024.
  • IO Biotech, Inc. showed a decrease of -55.1% in Total Assets compared to the prior fiscal year.
  • IO Biotech, Inc. reported Cash and Equivalents of $60.03 million for fiscal year 2024.
  • IO Biotech, Inc. showed a decrease of -58.1% in Cash and Equivalents compared to the prior fiscal year.
  • IO Biotech, Inc. reported Stockholders Equity of $47.02 million for fiscal year 2024.
  • IO Biotech, Inc. showed a decrease of -64.7% in Stockholders Equity compared to the prior fiscal year.
  • IO Biotech, Inc. reported R&D Expense of $71.48 million for fiscal year 2024.
  • IO Biotech, Inc. showed an increase of +5.4% in R&D Expense compared to the prior fiscal year.
  • IO Biotech, Inc. reported Operating Income of -$95.18 million for fiscal year 2024.
  • IO Biotech, Inc. showed a decrease of -4.1% in Operating Income compared to the prior fiscal year.
  • IO Biotech, Inc. reported Shares Outstanding of 65.88 million shares for fiscal year 2024.
  • IO Biotech, Inc. showed an increase of +0.0% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

Last verified:

Leave a Comment