IPHA on Nasdaq
Innate Pharma SA
Innate Pharma SA is a biological products company, listed on Nasdaq (IPHA).1
Price unavailable
Last updated Oct 21, 2026.
Overview
Compare with Argenx SE or Valneva SE, or pick any stock.
- TickerIPHA on Nasdaq1
- IndustryBiological Products, (No Diagnostic Substances)1
- HeadquartersI01
- Incorporated inFrance3
- Business address117 Avenue De Luminy, Bp 30191, Marseille, 130093
- Filer categoryAccelerated filer3
See how the biggest companies compare on our leaderboards
Chief Executive Officer. The Board of Directors then decided, on the same day, following the Annual General Meeting, to separate the functions of Chairman of the Board and Chief Executive Officer (see “Item 6. Directors, Senior Management and Employees—A. Directors and Senior Management”). Innate's headquarters are located at 117, Avenue de Luminy, 13009 Marseille, France. In 2008, The Company incorporated its wholly owned U.S. subsidiary, Innate Pharma Inc. In 2019, Innate Pharma's incorporated its wholly owned French subsidiary, Innate Pharma France S.A.S. (registered under number SIREN 844 853 119). Innate Pharma France S.A.S. was dissolved without liquidation on November 30, 2020, under article 1844-5, Section 3 of the French Civil Code.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in EUR, the currency the company reports in.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development99¢43.6M EUR
- Interest1¢440.0K EUR
Out of 9.0M EUR in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue from collaboration and licensing agreements | 2.8M EUR | 12.6M EUR | 51.9M EUR |
| Government financing for research expenditures | 6.2M EUR | 7.5M EUR | 9.7M EUR |
| Other income | 13.0K EUR | 11.0K EUR | 11.0K EUR |
| Total revenue and other income | 9.0M EUR | 20.1M EUR | 61.6M EUR |
| Research and development expenses | -43.6M EUR | -52.0M EUR | -56.0M EUR |
| General and administrative expenses | -19.4M EUR | -19.7M EUR | -18.3M EUR |
| Impairment of intangible assets | 0 EUR | 0 EUR | 0 EUR |
| Total operating expenses | -63.0M EUR | -71.7M EUR | -74.3M EUR |
| Operating income (loss) | -54.0M EUR | -51.6M EUR | -12.7M EUR |
| Financial income | 8.0M EUR | 6.1M EUR | 6.9M EUR |
| Financial expenses | -3.1M EUR | -4.0M EUR | -1.8M EUR |
| Net financial income (loss) | 4.8M EUR | 2.1M EUR | 5.1M EUR |
| Net income (loss) before tax | -49.2M EUR | -49.5M EUR | -7.6M EUR |
| Income tax expense | 0 EUR | 0 EUR | 0 EUR |
| Net income (loss) from continuing operations | -49.2M EUR | -49.5M EUR | -7.6M EUR |
| Net income (loss) | -49.2M EUR | -49.5M EUR | -7.6M EUR |
| Basic income (loss) per share (in EUR per share) | -0.55 EUR | -0.61 EUR | -0.09 EUR |
| Diluted income (loss) per share (in EUR per share) | -0.55 EUR | -0.61 EUR | -0.09 EUR |
| Basic income (loss) per share from continuing operations (in EUR per share) | -0.55 EUR | -0.61 EUR | -0.09 EUR |
| Diluted income (loss) per share from continuing operations (in EUR per share) | -0.55 EUR | -0.61 EUR | -0.09 EUR |
| Basic income (loss) per share from discontinued operations (in EUR per share) | 0.00 EUR | 0.00 EUR | 0.00 EUR |
| Diluted income (loss) per share from discontinued operations (in EUR per share) | 0.00 EUR | 0.00 EUR | 0.00 EUR |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2025-04-30 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Intangible assets | 0 EUR | 0 EUR | 416.0K EUR | 1.6M EUR | |
| Property and equipment | 4.4M EUR | 5.1M EUR | 6.3M EUR | 8.5M EUR | |
| Non-current financial assets | 10.5M EUR | 10.3M EUR | 9.8M EUR | 35.1M EUR | |
| Other non-current assets | 947.0K EUR | 575.0K EUR | 87.0K EUR | ||
| Trade receivables and others - non-current | 251.0K EUR | 9.3M EUR | 10.6M EUR | ||
| Total non-current assets | 16.0M EUR | 25.3M EUR | 27.2M EUR | ||
| Cash and cash equivalents | 28.1M EUR | 66.4M EUR | 70.6M EUR | 84.2M EUR | |
| Short-term investments | 6.2M EUR | 14.4M EUR | 21.9M EUR | ||
| Trade receivables and others - current | 12.4M EUR | 5.0M EUR | 55.6M EUR | ||
| Total current assets | 46.7M EUR | 85.7M EUR | 148.0M EUR | ||
| TOTAL ASSETS | 62.7M EUR | 111.1M EUR | 175.2M EUR | ||
| Share capital | 4.7M EUR | 4.6M EUR | 4.2M EUR | 4.0M EUR | |
| Share premium | 408.0M EUR | 391.0M EUR | 384.3M EUR | ||
| Retained earnings | -386.4M EUR | -336.9M EUR | -329.3M EUR | ||
| Other reserves | 1.1M EUR | 27.0K EUR | 495.0K EUR | ||
| Net income (loss) | -49.2M EUR | -49.5M EUR | -7.6M EUR | ||
| Total shareholders equity | -21.7M EUR | 8.8M EUR | 51.9M EUR | 54.2M EUR | |
| Collaboration liabilities non-current portion | 31.7M EUR | 41.1M EUR | 45.0M EUR | ||
| Financial liabilities non-current portion | 13.8M EUR | 22.3M EUR | 31.0M EUR | ||
| Defined benefit obligations | 1.9M EUR | 2.7M EUR | 2.4M EUR | ||
| Deferred revenue non-current portion | 0 EUR | 2.8M EUR | 4.6M EUR | ||
| Provisions non-current portion | 332.0K EUR | 274.0K EUR | 603.0K EUR | ||
| Total non-current liabilities | 47.8M EUR | 69.2M EUR | 83.7M EUR | ||
| Trade payables and others | 15.0M EUR | 16.0M EUR | 17.0M EUR | ||
| Collaboration liabilities current portion | 6.5M EUR | 7.4M EUR | 7.6M EUR | ||
| Financial liabilities current portion | 8.8M EUR | 8.7M EUR | 8.9M EUR | ||
| Deferred revenue current portion | 2.8M EUR | 616.0K EUR | 5.9M EUR | ||
| Provisions current portion | 3.5M EUR | 207.0K EUR | 171.0K EUR | ||
| Total current liabilities | 36.6M EUR | 33.0M EUR | 39.6M EUR | ||
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 62.7M EUR | 111.1M EUR | 175.2M EUR |
| Period ending | 2025-12-31 | 2025-04-30 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Intangible assets | 0 EUR | 0 EUR | 416.0K EUR | 1.6M EUR | |
| Property and equipment | 4.4M EUR | 5.1M EUR | 6.3M EUR | 8.5M EUR | |
| Non-current financial assets | 10.5M EUR | 10.3M EUR | 9.8M EUR | 35.1M EUR | |
| Other non-current assets | 947.0K EUR | 575.0K EUR | 87.0K EUR | ||
| Trade receivables and others - non-current | 251.0K EUR | 9.3M EUR | 10.6M EUR | ||
| Total non-current assets | 16.0M EUR | 25.3M EUR | 27.2M EUR | ||
| Cash and cash equivalents | 28.1M EUR | 66.4M EUR | 70.6M EUR | 84.2M EUR | |
| Short-term investments | 6.2M EUR | 14.4M EUR | 21.9M EUR | ||
| Trade receivables and others - current | 12.4M EUR | 5.0M EUR | 55.6M EUR | ||
| Total current assets | 46.7M EUR | 85.7M EUR | 148.0M EUR | ||
| TOTAL ASSETS | 62.7M EUR | 111.1M EUR | 175.2M EUR | ||
| Share capital | 4.7M EUR | 4.6M EUR | 4.2M EUR | 4.0M EUR | |
| Share premium | 408.0M EUR | 391.0M EUR | 384.3M EUR | ||
| Retained earnings | -386.4M EUR | -336.9M EUR | -329.3M EUR | ||
| Other reserves | 1.1M EUR | 27.0K EUR | 495.0K EUR | ||
| Net income (loss) | -49.2M EUR | -49.5M EUR | -7.6M EUR | ||
| Total shareholders equity | -21.7M EUR | 8.8M EUR | 51.9M EUR | 54.2M EUR | |
| Collaboration liabilities non-current portion | 31.7M EUR | 41.1M EUR | 45.0M EUR | ||
| Financial liabilities non-current portion | 13.8M EUR | 22.3M EUR | 31.0M EUR | ||
| Defined benefit obligations | 1.9M EUR | 2.7M EUR | 2.4M EUR | ||
| Deferred revenue non-current portion | 0 EUR | 2.8M EUR | 4.6M EUR | ||
| Provisions non-current portion | 332.0K EUR | 274.0K EUR | 603.0K EUR | ||
| Total non-current liabilities | 47.8M EUR | 69.2M EUR | 83.7M EUR | ||
| Trade payables and others | 15.0M EUR | 16.0M EUR | 17.0M EUR | ||
| Collaboration liabilities current portion | 6.5M EUR | 7.4M EUR | 7.6M EUR | ||
| Financial liabilities current portion | 8.8M EUR | 8.7M EUR | 8.9M EUR | ||
| Deferred revenue current portion | 2.8M EUR | 616.0K EUR | 5.9M EUR | ||
| Provisions current portion | 3.5M EUR | 207.0K EUR | 171.0K EUR | ||
| Total current liabilities | 36.6M EUR | 33.0M EUR | 39.6M EUR | ||
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 62.7M EUR | 111.1M EUR | 175.2M EUR |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | -49.2M EUR | -49.5M EUR | -7.6M EUR |
| Depreciation and amortization, net | 1.4M EUR | 2.0M EUR | 5.1M EUR |
| Employee benefits costs | -807.0K EUR | 324.0K EUR | 285.0K EUR |
| Change in provisions | 3.3M EUR | -293.0K EUR | -966.0K EUR |
| Share-based compensation expense | 2.6M EUR | 3.9M EUR | 4.3M EUR |
| Change in fair value of financial assets | -451.0K EUR | -1.3M EUR | -1.6M EUR |
| Foreign exchange (gains) losses on financial assets | 1.4M EUR | -885.0K EUR | 544.0K EUR |
| Change in accrued interests on financial assets | -352.0K EUR | -380.0K EUR | 0 EUR |
| Gains (losses) on assets and other financial assets | 0 EUR | 0 EUR | -991.0K EUR |
| Disposal of property and equipment (scrapping) | 23.0K EUR | 20.0K EUR | 470.0K EUR |
| Other profit or loss items with no cash effect | -2.0K EUR | 24.0K EUR | 6.0K EUR |
| Operating cash flow before change in working capital | -42.1M EUR | -46.1M EUR | -467.0K EUR |
| Change in working capital | -10.6M EUR | 39.2M EUR | -32.1M EUR |
| Net cash generated from/ (used in) operating activities | -52.8M EUR | -6.9M EUR | -32.6M EUR |
| Acquisition of intangible assets | 0 EUR | 0 EUR | -2.0M EUR |
| Acquisition of property and equipment, net | -140.0K EUR | -391.0K EUR | -351.0K EUR |
| Disposal of property and equipment | 0 EUR | 0 EUR | 150.0K EUR |
| Disposal of other assets | 5.0K EUR | 0 EUR | 66.0K EUR |
| Acquisition of other assets | 0 EUR | 0 EUR | -3.0K EUR |
| Disposal of current financial instruments and paid interests | 7.0M EUR | 9.6M EUR | 0 EUR |
| Disposal of non-current financial instruments | 0 EUR | 0 EUR | 22.8M EUR |
| Interest received on financial assets | 388.0K EUR | 0 EUR | 0 EUR |
| Net cash generated from / (used in) investing activities | 7.3M EUR | 9.2M EUR | 20.6M EUR |
| Proceeds from the exercise / subscription of equity instruments | 15.0M EUR | 2.9M EUR | 395.0K EUR |
| Repayment of borrowings | -8.9M EUR | -8.9M EUR | -2.4M EUR |
| Net cash generated from / (used in) financing activities | 6.1M EUR | -6.0M EUR | -2.0M EUR |
| Effect of the exchange rate changes | 1.1M EUR | -505.0K EUR | 274.0K EUR |
| Net increase / (decrease) in cash and cash equivalents | -38.3M EUR | -4.2M EUR | -13.6M EUR |
| Trade receivables and others (excluding rebates related to capital expenditures), variance | 1.6M EUR | 51.8M EUR | |
| Trade payables and others (excluding payables related to capital expenditures), variance | -965.0K EUR | -1.0M EUR | |
| Collaboration liabilities - current and non-current portion, variance | -10.3M EUR | -4.1M EUR | |
| Deferred revenue - current and non-current portion, variance | -616.0K EUR | -7.0M EUR | |
| Change in working capital, variance | -10.3M EUR | 39.7M EUR | |
| 5% retained - Tax credit refund, variance | -378.0K EUR | -490.0K EUR | |
| Interest paid, classified as operating activities | 400.0K EUR | 600.0K EUR | |
| Interest received | 1.8M EUR | 2.2M EUR |
No quarter-by-quarter statement was filed.
Corporate structure
Innate Pharma SA sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Innate Pharma SA
- Novo Filed SCHEDULE 13G/A on Innate Pharma SA, latest Jun 22, 2026 (4 filings since Oct 21, 2025)
- AstraZeneca Filed SCHEDULE 13D/A on Innate Pharma SA, latest Feb 6, 2026
- Bpifrance Participations SA Filed SCHEDULE 13D/A on Innate Pharma SA, latest May 7, 2025 (3 filings since Oct 21, 2022)
- Sanofi Filed SCHEDULE 13G/A on Innate Pharma SA, latest Apr 29, 2025 (2 filings since Apr 29, 2025)
- Innate Pharma SA I0
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Innate Pharma SA reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | 28.1M EUR2 Dec 31, 2025 | 66.4M EUR2 Dec 31, 2024 | −57.7% |
| Long-term investments | 10.5M EUR2 Dec 31, 2025 | 10.3M EUR2 Dec 31, 2024 | +1.7% |
Intangibles and goodwill
Former names
- Innate Pharma, SAJan 31, 2014 to Jan 31, 20143
Calendar
Coming up
- Nov 5, 2026 · Before the openReports results for the quarter ending Sep/202610
Drug trials and FDA: coming up
- Jun 2027Phase 2 trial readout expected Phase 2 trial of IPH5201 + durvalumab + standard chemotherapy in Non Small Cell Lung Cancer: primary completion expected Jun 2027 (ClinicalTrials.gov NCT05742607).11
Drug trials and FDA: recently
- Jan 8, 2026Phase 2 trial completed Phase 2 trial of IPH4102 in Lymphoma, T-Cell: primary completion Jan 8, 2026, no results posted yet (ClinicalTrials.gov NCT03902184).12
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). Trials from ClinicalTrials.gov, as the sponsor registered them (expected dates are the sponsor's own and often move); approvals and advisory committee meetings from the FDA. The FDA does not publish its decision (PDUFA) dates. The full markets calendar
Filings
237 filings to the SEC since October 2021: 6 annual reports, 10 large holders, 221 other. The latest 20:
- Sep 17, 20266-K EDGAR
- Sep 17, 20266-K EDGAR
- Sep 17, 20266-K EDGAR
- Sep 10, 20266-K EDGAR
- Sep 2, 20266-K EDGAR
- Aug 19, 20266-K EDGAR
- Aug 14, 20266-K EDGAR
- Aug 10, 20266-K EDGAR
- Jul 23, 20266-K EDGAR
- Jul 21, 20266-K EDGAR
- Jun 22, 2026SCHEDULE 13G/A EDGAR
- May 22, 20266-K EDGAR
- May 19, 20266-K EDGAR
- May 13, 20266-K EDGAR
- May 12, 20266-K EDGAR
- May 6, 20266-K EDGAR
- Apr 23, 20266-K EDGAR
- Apr 17, 20266-K EDGAR
- Apr 13, 20266-K EDGAR
- Apr 13, 20266-K EDGAR
The 237 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- NovoSCHEDULE 13G/A, 4 filings Oct 21, 2025 to Jun 22, 202613
- AstraZenecaSCHEDULE 13D/A, 1 filing Feb 6, 202614
- Bpifrance Participations SASCHEDULE 13D/A, 3 filings Oct 21, 2022 to May 7, 202515
- SanofiSCHEDULE 13G/A, 2 filings Apr 29, 202516
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Lion Point Capital, LP | 81,151 | $149.3K | 0.7% | No change |
| Morgan Stanley | 43,524 | $80.1K | 0.0% | No change |
| SmartHarvest Portfolios, LLC | 23,750 | $43.7K | 0.0% | New |
| XTX Topco Ltd | 15,130 | $27.8K | 0.0% | New |
| Citadel Advisors LLC | 12,441 | $22.9K | 0.0% | New |
| Jane Street Group, LLC | 10,310 | $19.0K | 0.0% | −33,055 |
| Rhumbline Advisers | 4,719 | $8.7K | 0.0% | −15 |
| UBS Group AG | 1,363 | $2.5K | 0.0% | +502 |
| Farther Finance Advisors, LLC | 21 | $38 | 0.0% | +11 |
| GAMMA Investing LLC | 9 | $17 | 0.0% | −231 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Innate Pharma SA is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARInnate Pharma SA1
- CIK0001598599
- LEI9695002Y8420ZB8HJE291
- Filer statusAccelerated filer not an emerging growth company; not a shell company4
- Incorporated inFrance4
- Fiscal year endsDecember 311
- Industry code (SIC)2836 Biological Products, (No Diagnostic Substances)1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business address117 Avenue De Luminy, Bp 30191, Marseille, France 13009, France1
- Phone334303030301
- Shares outstanding93,719,323 shares as of Dec 31, 20254
- AuditorDeloitte & Associés, Le Bouscat PCAOB ID 1756; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceJan 31, 20141
- Filings335 in all: 6-K (275), 20-F (7), SCHEDULE 13G/A (5), CORRESP (4), EFFECT (4), UPLOAD (4), 424B5 (3), DRS/A (2)1
All 30 form types
DRSLTR (2), F-3 (2), FWP (2), S-8 (2), SC 13D (2), SC 13D/A (2), SC 13G (2), SCHEDULE 13D/A (2), SEC STAFF LETTER (2), 144 (1), 20-F/A (1), 424B4 (1), 8-A12B (1), CERT (1), D (1), DRS (1), F-1 (1), F-1/A (1), F-6 (1), F-6/A (1), POS EX (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (20-F) Apr 1, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| American Depositary Shares, each representing one ordinary share, nominal value €0.05 per share | IPHA | The Nasdaq Global Select Market |
| Ordinary shares, nominal value €0.05 per share | IPHA | The Nasdaq Global Select Market |
From the cover page of the 20-F filed Apr 1, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10NasdaqNasdaq calendar
- 11
- 12
- 13
- 14
- 15
- 16