MRSN - NASDAQ
Mersana Therapeutics, Inc.
$29.08
+0.0000%Mersana Therapeutics, Inc., a clinical stage biopharmaceutical company, develops antibody drug conjugates (ADC) for cancer patients with unmet need. It develops XMT-1592, a Dolasynthen ADC targeting NaPi2b-expressing tumor cells, which is in phase I clinical trial for the treatment of ovarian cancer and NSCLC adenocarcinoma. The company also develops XMT-1660, a B7-H4-targeted Dolasynthen ADC candidate; and XMT-2056, an immunosynthen development candidate. It has a strategic research and development partnerships with Merck KGaA and Asana BioSciences, LLC for the development of ADC product candidates utilizing Fleximer. The company was formerly known as Nanopharma Corp. and changed its name to Mersana Therapeutics, Inc. in November 2005. Mersana Therapeutics, Inc. was incorporated in 2001 and is headquartered in Cambridge, Massachusetts.
At a Glance
Live SnapshotMersana Therapeutics, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
Mersana Therapeutics, Inc. Income Statement
MRSN • NASDAQ
| Mersana Therapeutics, Inc. Income Statement | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||
40.5M | 36.9M | 26.6M | 43K | 828K | 42.1M | 10.6M | 17.5M | 25.2M | 10.4M | |
GROSS PROFIT | ||||||||||
(0.0) | (0.0) | (0.0) | (0.0) | (67M) | (55M) | (59.9M) | (928K) | (32M) | (21.4M) | |
40.5M | 36.9M | 26.6M | 43K | -66.2M | -12.9M | -49.3M | 16.6M | -6.8M | -11M | |
OPERATING INCOME | ||||||||||
(113.8M) | (207.8M) | (230.3M) | (168.9M) | (88.9M) | (72.3M) | (76.2M) | (57.2M) | (39M) | (26.7M) | |
(40.8M) | (59.5M) | (57M) | (36.9M) | (21.9M) | (17.3M) | (16.3M) | (10.5M) | (7M) | (5.3M) | |
(73M) | (148.3M) | (173.4M) | (132M) | (67M) | (55M) | (59.9M) | (46.7M) | (32M) | (21.4M) | |
-73.3M | -171M | -203.8M | -168.9M | -155.1M | -29.2M | -65.7M | -39.6M | -13.8M | -16.3M | |
PRE-TAX INCOME | ||||||||||
(3.9M) | (4.1M) | (3.3M) | (1.3M) | (359K) | (234K) | (0.0) | (0.0) | (0.0) | (0.0) | |
4.6M | 8M | -445K | -1.2M | 65K | 2M | 1.4M | 910K | 121K | 2K | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (1.4M) | (0.0) | (0.0) | -89K | |
4.6M | -713K | -445K | -1.2M | 67.1M | 2M | 1.4M | 910K | 121K | -87K | |
-68.8M | -171.7M | -204.2M | -170.1M | -88M | -28.2M | -64.3M | -38.7M | -13.7M | -16.4M | |
NET INCOME | ||||||||||
(418K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -2K | |
-69.2M | -171.7M | -204.2M | -170.1M | -88M | -27.2M | -64.3M | -38.7M | -13.7M | -16.4M |
SEC Filings
MRSN - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | January 06, 2026 | January 05, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 14, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 14, 2025 | November 14, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 13, 2025 | November 12, 2025 | 2025 | |
8-K 8-K 2025 N/A | September 05, 2025 | September 05, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 13, 2025 | August 13, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 13, 2025 | June 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | July 24, 2025 | July 24, 2025 | 2025 | |
8-K 8-K 2025 N/A | July 03, 2025 | July 01, 2025 | 2025 | |
8-K 8-K 2025 N/A | June 13, 2025 | June 12, 2025 | 2025 |
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Statements
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