v3.26.1
Condensed Consolidated Statement of Cash Flows of Immatics N.V. - EUR (€)
€ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net loss € (120,306) € (110,204)
Taxes on income (222) (1,996)
Loss before taxes (120,528) (112,200)
Adjustments for:    
Interest income (6,867) (9,719)
Depreciation and amortization 5,777 6,166
Interest expenses 415 493
Equity-settled share-based payment 10,977 8,471
Net foreign exchange differences and expected credit losses (6,833) 34,241
Change in fair value of liabilities for warrants 0 (1,730)
Loss from disposal of fixed assets 48 40
Changes in:    
Decrease in accounts receivables 610 3,894
Increase in other assets (1,260) (277)
Increase/(decrease) in deferred revenue, accounts payables and other liabilities 9,876 (15,534)
Interest received 7,022 18,012
Interest paid (415) (493)
Income tax paid (1,326) (5,445)
Income tax refunded   820
Net cash used in operating activities (102,504) (73,261)
Cash flows from investing activities    
Payments for property, plant and equipment (1,634) (4,503)
Payments for intangible assets   (190)
Proceeds from disposal of property, plant and equipment 27 47
Payments for investments classified in other financial assets (140,165) (280,651)
Proceeds from maturity of investments classified in other financial assets 105,535 396,353
Net cash provided by/(used in) investing activities (36,237) 111,056
Cash flows from financing activities    
Proceeds from issuance of shares to equity holders 22,330 9
Transaction costs deducted from equity (542)  
Payments of lease liabilities (1,483) (1,473)
Net cash provided by/(used in) financing activities 20,305 (1,464)
Net increase/(decrease) in cash and cash equivalents (118,436) 36,331
Cash and cash equivalents at the beginning of the period 345,918 236,748
Effects of exchange rate changes and expected credit losses on cash and cash equivalents 4,977 (16,444)
Cash and cash equivalents at end of the year € 232,459 € 256,635