IGM Biosciences, Inc.

IGM Biosciences, Inc.

IGMS
IGM Biosciences, Inc.US flagNASDAQ Global Select
1.27
USD
- -
- -
77.50MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
0.03
0.04
0.04
2.38
Basic EPS, GAAP
-1.49
-3.07
-4.8
-2.65
-4.93
-5.32
-4.71
-3.24
-0.88
Free Cash Flow per Basic Share
-1.45
-2.82
-5.28
-2.78
-4.13
-0.39
-3.91
-2.62
-2.61
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-5.59
-8.66
-11.88
-6.12
-10.56
-13.83
-15.69
-16.8
-15.95
Tangible Book Value per Share
-5.48
-8.9
26.71
12.42
7.32
6.91
3.89
0.8
1.66
Basic Weighted Avg Shares
7
7
9
31
33
42
52
61
61
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
1
2
3
145
Operating Margin (%)
- -
- -
- -
- -
- -
-21,324.23
-12,369.06
-7,785.74
-5.57
Depreciation Expense
- -
- -
1
1
4
6
8
9
7
Net Income, GAAP
-11
-23
-43
-81
-165
-221
-246
-196
-53
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
-20,683.07
-11,568.83
-7,308.51
-36.8
Working Capital
- -
-6
222
356
213
394
305
156
101
LT Debt
- -
- -
12
10
25
35
35
38
- -
Total Equity
-41
-66
240
382
245
287
203
48
101
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
7
7
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
38
37
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
60
60
Market Capitalization
369
70
68

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
194
161
107
Cash, Cash Equivalents & STI
184
152
104
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
38
28
6
Payables & Accruals
18
14
4
ST Debt
7
7
- -
Deferred Revenue
3
3
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-13.04%
-76.3%
Free Cash Flow
- -
241.04%
-22.37%
Net Income, GAAP
- -
43.28%
-20.54%
Sales/Revenue/Turnover
- -
- -
25.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1
- -
1
1
2
2024
- -
1
1
- -
3
2025
- -
144
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-1.33
-1.43
-1.04
- -
-4.71
2024
-0.83
-0.79
-1.01
- -
-3.24
2025
-0.86
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Mary Beth Harler
Full Time Employees
149
Sector
Healthcare
Industry
Biotechnology
Address
325 East Middlefield Road Mountain View CA United States of America 94043
IPO Date
Sep 18, 2019
Website
igmbio.com
Business
IGM Biosciences, Inc. is a clinical-stage biotechnology company that develops engineered IgM antibodies leveraging its proprietary IgM platform, which enables antibodies with 10 binding sites for enhanced selectivity, affinity, and avidity compared to conventional IgG antibodies with two binding sites; the platform supports T cell engagers, receptor cross-linking agonists, and targeted cytokines for oncology, autoimmune, and inflammatory diseases. Core product candidates include imvotamab (IGM-2323), a bispecific CD20 x CD3 T cell engaging IgM antibody in Phase 1b trials for severe systemic lupus erythematosus and rheumatoid arthritis; aplitabart (IGM-8444), a DR5 agonist IgM antibody in a randomized Phase 2 trial with FOLFIRI and bevacizumab for second-line metastatic colorectal cancer; and earlier-stage assets such as IGM-2644 (CD38 x CD3 bispecific T cell engager), IGM-7354 (IL-15 x PD-L1), and IGM-2537 (CD123 x CD3). The company, founded in 2010 and headquartered in Mountain View, California, conducts research and clinical development primarily in the United States with a focus on patients suffering from hard-to-treat cancers and autoimmune conditions. In July 2025, IGM Biosciences entered a definitive merger agreement to be acquired by Concentra Biosciences, LLC for $1.247 per share in cash plus a contingent value right, with a tender offer to commence by July 16, 2025, and closing anticipated in August 2025 subject to majority shareholder tender and other conditions; this follows a 2023 strategic pipeline prioritization emphasizing colorectal cancer via DR5 agonists and autoimmune diseases via T cell engagers, including workforce reduction and halting certain hematologic oncology programs.

Company News

APIChat
  • IGM Biosciences, Inc. (IGMS) Q2 Earnings and Revenues Surpass Estimates

  • IGMS Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of IGM Biosciences, Inc. is Fair to Shareholders

  • IGM Biosciences Enters into Agreement to Be Acquired by Concentra Biosciences for $1.247 in Cash per Share Plus a Contingent Value Right

  • IGM Biosciences, Inc. (IGMS) Reports Q1 Loss, Misses Revenue Estimates

  • IGM Biosciences, Inc. (IGMS) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

  • Down -76.91% in 4 Weeks, Here's Why IGM Biosciences (IGMS) Looks Ripe for a Turnaround

  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of IGM Biosciences, Inc. - IGMS

  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of IGM Biosciences, Inc. - IGMS

  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of IGM Biosciences, Inc. - IGMS

  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of IGM Biosciences, Inc. - IGMS

  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of IGM Biosciences, Inc. - IGMS

  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of IGM Biosciences, Inc. - IGMS

  • IGMS STOCK ALERT: Levi & Korsinsky Notifies IGM Biosciences, Inc. Investors of an Ongoing Investigation

  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of IGM Biosciences, Inc. - IGMS

  • IGM Biosciences downgraded to Hold from Buy at Stifel

  • IGM Biosciences downgraded to Underweight from Equal Weight at Morgan Stanley

  • IGM Biosciences downgraded to Market Perform from Outperform at BMO Capital

  • IGM Biosciences to cut 73% of workforce as latest pivot fails to pan out

  • IGM Biosciences Provides Strategic Update on Autoimmunity Pipeline Programs

  • IGM Biosciences, Inc. (IGMS) Reports Q3 Loss, Tops Revenue Estimates