INOVIO PHARMACEUTICALS, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2010 | — | -312.8% | -286.6% |
| FY2011 | — | -220.9% | -155.7% |
| FY2012 | — | -570.4% | -477.6% |
| FY2013 | — | -145.1% | -490.3% |
| FY2014 | — | -377.7% | -345.4% |
| 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% |