Share-based payments (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Statements [Line Items] |
|
| Summary of Employee Related Share Based Compensation Expense |
The Group recognized total employee-related share-based compensation expenses from all plans, during the three and six months ended June 30, 2026 and 2025 as set out below:
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|
Three months ended June 30, |
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|
Six months ended June 30, |
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|
2026 |
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|
2025 |
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|
2026 |
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|
2025 |
|
|
|
(Euros in thousands) |
|
Research and development expenses |
|
|
(3,050 |
) |
|
|
(2,066 |
) |
|
|
(6,191 |
) |
|
|
(4,220 |
) |
General and administrative expenses |
|
|
(2,018 |
) |
|
|
(2,075 |
) |
|
|
(4,786 |
) |
|
|
(4,251 |
) |
Total share-based compensation expenses |
|
|
(5,068 |
) |
|
|
(4,141 |
) |
|
|
(10,977 |
) |
|
|
(8,471 |
) |
|
| Additional Grants Under 2020 Plan [Member] |
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| Statements [Line Items] |
|
| Summary of Options Granted Priced Using Black Scholes for SARs, Tandem Awards, Converted Options, Matching Stock Options and Monte Carlo Option Pricing Model |
Immatics applied a Black-Scholes pricing model to determine the fair value of the Service Options
|
| Summary of Employee Share Options |
Service Options outstanding as of June 30, 2026:
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|
2026 |
|
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|
Weighted
average
exercise price
in USD |
|
|
Number |
|
Service Options outstanding on January 1, 2026 |
|
|
9.35 |
|
|
|
11,889,848 |
|
Service Options granted in 2026 |
|
|
9.35 |
|
|
|
3,668,400 |
|
Service Options forfeited in 2026 |
|
|
7.77 |
|
|
|
131,258 |
|
Service Options exercised in 2026 |
|
|
6.78 |
|
|
|
107,065 |
|
Service Options expired in 2026 |
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|
11.12 |
|
|
|
13,987 |
|
Service Options outstanding on June 30, 2026 |
|
|
9.38 |
|
|
|
15,305,938 |
|
Service Options exercisable on June 30, 2026 |
|
|
9.73 |
|
|
|
8,264,215 |
|
Weighted average remaining contract life (years) |
|
|
7.53 |
|
|
|
|
|
| Performance Based Options [Member] |
|
| Statements [Line Items] |
|
| Summary of Employee Share Options |
PSUs outstanding as of June 30, 2026:
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|
2026 |
|
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|
Weighted
average
exercise price
in USD |
|
|
Number |
|
PSUs outstanding on January 1, 2026 |
|
|
10.10 |
|
|
|
3,668,000 |
|
PSUs granted in 2026 |
|
|
— |
|
|
|
— |
|
PSUs forfeited in 2026 |
|
|
— |
|
|
|
— |
|
PSUs outstanding on June 30, 2026 |
|
|
10.10 |
|
|
|
3,668,000 |
|
PSUs exercisable on June 30, 2026 |
|
|
10.09 |
|
|
|
1,215,378 |
|
Weighted average remaining contract life (years) |
|
|
4.10 |
|
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|
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| Restricted Stock Units |
|
| Statements [Line Items] |
|
| Summary of Employee Share Options |
RSUs outstanding as of June 30, 2026:
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|
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|
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|
2026 |
|
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|
Weighted
average grant date fair value in USD |
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|
Number |
|
RSUs outstanding on January 1, 2026 |
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|
— |
|
|
|
— |
|
RSUs granted in 2026 |
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|
9.43 |
|
|
|
1,233,080 |
|
RSUs outstanding on June 30, 2026 |
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|
9.43 |
|
|
|
1,233,080 |
|
Weighted average remaining contract life (years) |
|
|
3.58 |
|
|
|
|
|
| Matching Stock Options [Member] |
|
| Statements [Line Items] |
|
| Summary of Employee Share Options |
Matching Stock Options outstanding as of June 30, 2026:
|
|
|
|
|
|
|
|
|
|
|
2026 |
|
|
|
Weighted
average
exercise price
in USD |
|
|
Number |
|
Matching Stock Options outstanding on January 1, 2026 |
|
|
10.00 |
|
|
|
1,290,682 |
|
Matching Stock Options forfeited in 2026 |
|
|
— |
|
|
|
— |
|
Matching Stock Options exercised in 2026 |
|
|
— |
|
|
|
— |
|
Matching Stock Options expired in 2026 |
|
|
10.00 |
|
|
|
140 |
|
Matching Stock Options outstanding on June 30, 2026 |
|
|
10.00 |
|
|
|
1,290,542 |
|
Matching Stock Options exercisable on June 30, 2026 |
|
|
10.00 |
|
|
|
1,290,542 |
|
Weighted average remaining contract life (years) |
|
|
4.00 |
|
|
|
|
|
| Converted Options [Member] |
|
| Statements [Line Items] |
|
| Summary of Employee Share Options |
Converted Options outstanding as of June 30, 2026:
|
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|
|
|
|
|
|
|
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|
2026 |
|
|
|
Weighted
average
exercise price
in USD |
|
|
Number |
|
Converted Options outstanding on January 1, 2026 |
|
|
2.97 |
|
|
|
457,715 |
|
Converted Options forfeited in 2026 |
|
|
— |
|
|
|
— |
|
Converted Options exercised in 2026 |
|
|
1.13 |
|
|
|
11,480 |
|
Converted Options expired in 2026 |
|
|
— |
|
|
|
— |
|
Converted Options outstanding on June 30, 2026 |
|
|
3.02 |
|
|
|
446,235 |
|
Converted Options exercisable on June 30, 2026 |
|
|
3.02 |
|
|
|
446,235 |
|
Weighted average remaining contract life (years) |
|
|
1.51 |
|
|
|
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|