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Financial statements

Replimune Group, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Replimune Group, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2017FY2019FY2019FY2019FY2021FY2022FY2023FY2024FY2025FY2026
Research and development6.9413.522.238.856.879.5127175189221
Selling, general and administrative72.298.7
General and administrative2.715.718.7717.423.238.850.659.872.2
Operating expenses9.6519.230.956.280118177235262320
Operating income-9.65-19.2-30.9-56.2-80-118-177-235-262-320
Interest expense0.730.8201.964.55.786.8
Interest income0.030.292.592.420.920.391023.421.113.6
Other non-operating income1.94-0.470.113.57-0.920.283.0819.414.85.43
Pre-tax income-7.7-19.7-30.8-52.6-80.9-118-174-215-247-314
Income tax0000000.290.410.47-0.55
Income from continuing operations-80.9-118-174-215-247-314
Net income-7.7-19.7-30.8-52.6-80.9-118-174-216-247-314
EBITDA-9.53-19.1-30.8-55.7-78.2-116-175-232-258-317
EPS, basic-1.55-3.96-1.33-1.54-1.75-2.26-2.99-3.24-3.07-3.38
EPS, diluted-1.55-3.96-1.33-1.54-1.75-2.26-2.99-3.24-3.07-3.38
Shares, basic (weighted)4.974.9823.234.346.252.258.266.680.692.8
Shares, diluted (weighted)4.974.9823.234.346.252.258.266.680.692.8

Balance sheet

FY2017FY2019FY2019FY2019FY2021FY2022FY2023FY2024FY2025FY2026
Cash and equivalents20.717.625.759.518310614774.5111209
Short-term investments4410910929429043734637359.9
Other current assets0.763.72.734.495.276.288.088.358.61
Total current assets64.7141174484404593434496279
Property, plant and equipment0.3712.26.867.447.937.4810.513.713
Lease right-of-use assets4.435.755.555.214.6443.27
Other non-current assets01.22.94
Total assets65.2154234543461647488551332
Accounts payable1.997.083.432.363.735.362.5812.56.67
Total current liabilities5.169.8911.914.520.833.840.462.458.2
Long-term debt028.644.846.483.3
Lease liabilities3.745.084.84.393.773.082.33
Other non-current liabilities00.470.790.940.46
Total liabilities6.8616.550.444.45091.3113135166
Total debt9.8028.644.846.483.3
Paid-in capital1.11992976927231,0351,0711,3591,423
Retained earnings-28.9-59.8-112-193-311-485-701-949-1,263
Other comprehensive income-0.24-1.06-0.98-0.39-0.975.734.865.455.4
Shareholders' equity-11.5-28.1138184499411555375416166
Total equity-11.5-28.1138184499411555375416166
Total liabilities and equity65.2154234543461647488551332
Shares outstanding5.0131.736.746.647.356.761.477.182.7

Cash flow statement

FY2017FY2019FY2019FY2019FY2021FY2022FY2023FY2024FY2025FY2026
Net income7.7-19.7-30.8-52.6-80.9-118-174-216-247-314
Depreciation and amortization0.120.110.150.531.712.152.452.663.53.33
Stock-based compensation0.210.812.737.7411.824.328.134.13532.3
Change in payables0.21.60.12-3.82-1.031.121.98-2.799.94-4.94
Cash from operations-7.08-16-25.4-60.6-61.4-82.2-128-185-192-280
Capital expenditures-0.24-0.14-2.6-6.54-2.39-2.34-2.27-5.66-6.69-4.22
Purchases of investments-52.5-190-150-392-256-583-490-404-77.9
Cash from investing-0.24-44-65.9-5.23-189-1.81-14397.2-23.8311
Debt issued10028.215035
Debt repaid-100
Stock issued0.210.55286015001560.88
Cash from financing1554.81011003726.631116.325266.3
Exchange rate effect-1.422.3-0.84-0.140.720.82-0.11-0.090.321.11
Net change in cash6.27-3.019.2334.2123-76.640.6-72.136.797.9
Free cash flow-7.32-16.2-28-67.1-63.8-84.5-130-191-199-285
Interest paid0.580.6401.073.044.24.69
Income taxes paid00.0600.30.11-0.01

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $12.36 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-281.1%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-117.7%Net income / average total assets.
Return on invested capital (ROIC)-5,346.0%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

MetricValueHow it is calculated
Book value growth, 1y-60.0%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-33.1%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y-19.7%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-39.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-19.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y-9.4%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y15.2%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y16.8%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y14.9%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio5.23xCurrent assets / current liabilities.
Quick ratio5.09x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio5.09x(Cash + short-term investments) / current liabilities.
Debt / equity0.80xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets33.3%Total debt / total assets.
Liabilities / assets58.2%Total liabilities / total assets.
Net debt-$111.2MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-37.7xOperating income / interest expense.
Working capital$162.4MCurrent assets - current liabilities.
Tangible book value$105.6MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$3.07Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share-$2.90Free cash flow / diluted weighted shares.
Operating cash flow per share-$2.88Cash from operations / diluted weighted shares.
Book value per share$1.26Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.26Tangible book value / shares outstanding.
Cash per share$2.33(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$1.16BShare price x shares outstanding.
Enterprise value$1.05BMarket cap + total debt - cash - short-term investments.
P/B11.0xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book11.0xMarket cap / tangible book value, when positive.
FCF yield-24.1%Free cash flow / market cap.
Earnings yield-25.5%Net income / market cap (the inverse of P/E).
Was Replimune Group, Inc. profitable in fiscal 2026?

No. It reported a net loss of $313.9M.

How much free cash flow did Replimune Group, Inc. generate in fiscal 2026?

Cash from operations of $280.3M minus capital expenditures of $4.2M left free cash flow of -$284.6M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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