The gut microbiome has emerged as a potentially modifiable host factor that may influence the efficacy and toxicity of immune checkpoint inhibitors (ICIs). This perspective chapter reviews the evidence linking microbial composition and function with immunotherapy outcomes, examines the mechanisms involving immune activation, inflammatory signaling, epithelial integrity, and microbiome-derived metabolites, and considers the methodological and clinical barriers to biomarker development. Across studies, response-associated communities commonly include Akkermansia muciniphila, Faecalibacterium, Ruminococcaceae, and Bifidobacterium; however, the reproducibility of individual taxa is limited by cohort, geographic, dietary, sampling, sequencing, and bioinformatic heterogeneities. Antibiotic exposure around treatment initiation is consistently associated with poorer outcomes, whereas dietary interventions, probiotics, prebiotics, fecal microbiota transplantation, and live biotherapeutic products remain under investigation. Early interventional studies support biological modifiability but do not justify routine microbiome-guided treatment selection. Therefore, the microbiome is best regarded as a complementary, context-dependent biomarker rather than a standalone predictor. Future progress depends on standardized sampling and analysis, external validation, longitudinal multi-omic profiling, and prospective biomarker-stratified trials designed to distinguish predictive effects from treatment-related confounding factors.