INOVIO PHARMACEUTICALS, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | — | -84.5% | -71.9% |
| FY2016 | — | -215.5% | -208.5% |
| FY2017 | — | -198.1% | -208.9% |
| FY2018 | — | -308.7% | -318.1% |
| FY2019 | — | -2,702.1% | -2,902.8% |
| FY2020 | — | -1,674.2% | -2,245.4% |
| FY2021 | — | -16,972.3% | -17,109.9% |
| FY2022 | — | -2,607.4% | -2,726.7% |
| FY2023 | — | -17,300.3% | -16,239.9% |
| FY2024 | — | -51,616.9% | -49,254.3% |