IMTX · NasdaqCM
Immatics N.V.
Biotechnology · Germany
- Market cap (USD)
- US$1.16B
- Trailing P/E
- —
- Forward P/E
- —
- Quarterly revenue growth
- 93.0%
- Trailing net margin
- 0.0%
- Indicated dividend yield
- —
Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-11-17 (provider estimate, not issuer-confirmed).
Company background
Immatics N.V., a clinical-stage biopharmaceutical company, focuses on the research and development of potential T cell redirecting immunotherapies for the treatment of cancer in the United States. The company is developing targeted immunotherapies with a focus on treating solid tumors through two distinct treatment modalities, such as adoptive cell therapies (ACT) and antibody-like TCR Bispecifics. Its products pipeline includes Anzu-cel (IMA203), a one-time infusion PRAME cell therapy, which is in Phase 2 trial; IMA203CD8, a cell therapy product that is in Phase 1 clinical trial; IMA204 that targets tumor stroma, which is in Phase 1 clinical trial; and Anzu-cel in combination with Moderna's PRAME cell therapy enhancer (mRNA-4203), which is in Phase 1 clinical trial. The company also develops TCR Bispecifics products, including IMA401 and IMA402, which is in Phase 1a clinical trial. The company has a strategic collaboration agreement with MD Anderson Cancer Center to develop multiple T cell and TCR-based adoptive cellular therapies; Celgene Corporation to develop novel adoptive cell therapies targeting multiple cancers; and Genmab A/S to develop T cell engaging bispecific immunotherapies targeting multiple cancer indications. Immatics N.V. is headquartered in Tübingen, Germany.
Company websiteQ2 2026
Go beyond the headline.
IMTX Stock Q2 2026: Immatics - The Phase 3 Slipped To H1 2027
Published 2026-08-19
Comparable businesses
IMTX peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
No suitable peers with fresh, comparable size data are available. We have not substituted unrelated companies.
| Metric | IMTXImmatics N.V.Snapshot 2026-10-06Financial period: 2026-06-30 |
|---|---|
| Market capMarket value, converted to USD | US$1.16B |
| Forward P/EProvider forward earnings estimate | — |
| EV / EBITDAEnterprise value / trailing EBITDA | — |
| Revenue growthLatest quarter vs prior-year quarter | 93.0% |
| Operating marginLatest reported quarter | -735.0% |
| Free cash flow yieldTrailing cash flow / market cap | — |
| Net debt / EBITDANet debt / trailing EBITDA | — |
| Debt / equityTotal debt / positive book equity | 0.04x |
| Trailing P/ETrailing twelve-month earnings | — |
| Price / bookPrice / positive book equity per share | 2.31x |
| EV / salesEnterprise value / trailing revenue | — |
| Earnings growthLatest quarter vs prior-year quarter | — |
| Gross marginTrailing twelve months | 0.0% |
| Net marginTrailing twelve months | 0.0% |
| Return on equityProvider trailing return; positive equity only | -47.8% |
| Free cash flow marginTrailing free cash flow / revenue | -303.4% |
| Dividend yieldIndicated annual dividend / price | — |
| Earnings payoutProvider trailing dividend payout | 0.0% |
| Current ratioCurrent assets / current liabilities | 7.54x |
| BetaProvider historical market sensitivity | 1.36 |
Comparison methodology & limitations
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Reported performance
Financial trends
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Revenue
Reported figures
Financial data & calculation notes
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Market context
Valuation & price history
Adjusted closing price
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Price figures
Earnings-multiple scenario
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Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for IMTX
Q2 20262026-08-19
IMTX Stock Q2 2026: Immatics - The Phase 3 Slipped To H1 2027
Presentation · 2026-08-19 · YouTube