TScan Therapeutics, Inc.

TScan Therapeutics, Inc.

TCRXยทNASDAQ

$0.97

+0.14%
HealthcareBiotechnology

TScan Therapeutics, Inc., a preclinical-stage biopharmaceutical company, develops T cell receptor-engineered T cell therapies for the treatment of patients with cancer. It is developing TSC-100 and TSC-101 for the treatment of patients with hematologic malignancies to eliminate residual leukemia and prevent relapse after hematopoietic stem cell transplantation; and TSC-200, TSC-201, TSC-202, TSC-203, and TSC-204 for the treatment of solid tumors. The company is also developing vaccines for infectious diseases, such as SARS-CoV-2. It has a collaboration and license agreement with Novartis Institutes for BioMedical Research, Inc., to identify novel cancer antigens from the T cells of patients with a certain specific type of cancer. TScan Therapeutics, Inc. was incorporated in 2018 and is headquartered in Waltham, Massachusetts.

At a Glance

Live Snapshot
Market Cap$59.36M
EPS-1.0000
P/E Ratio-0.97
Earnings Date08/11/2026
3Y-24.0%
5Y+852.0%
10Y-
3Y+96.0%
5Y+397.0%
10Y+890.0%
3Y+103.0%
5Y+4376.0%
10Y+981.0%
TScan Therapeutics, Inc.

TScan Therapeutics, Inc. Profit Bridge

TCRX ยท NASDAQ
Revenue10.32M
Cost of Goods Sold (2.87M)
Gross Profit7.46M
Operating Expenses (143.27M)
Operating Income-135.81M
Interest Expense (2.77M)
Other Income/Expense6.05M
Pretax Income-129.77M
Income Tax (0.00)
Net Income-129.77M
Net Income
-129.77M

Profitability Analysis

Gross Margin

72.2%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-1315.4%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-1256.8%

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.

TScan Therapeutics, Inc. Income Statement

TCRX โ€ข NASDAQ

TScan Therapeutics, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
REVENUE
10.3M
2.8M
21M
13.5M
10.1M
1.1M
0.0
GROSS PROFIT
(2.9M)
(0.0)
(0.0)
(0.0)
(0.0)
(20.6M)
(519K)
7.5M
2.8M
21M
13.5M
10.1M
-19.5M
-519K
OPERATING INCOME
(143.3M)
(137.6M)
(114.5M)
(80.2M)
(58.8M)
(6.7M)
(14.2M)
(32M)
(29.6M)
(25.5M)
(20.4M)
(13.8M)
(6.7M)
(4.8M)
(114.2M)
(107.4M)
(88.2M)
(59.8M)
(45M)
(20.6M)
(9.4M)
-135.8M
-134.8M
-93.5M
-66.6M
-48.6M
-26.2M
-14.2M
PRE-TAX INCOME
(2.8M)
(3.7M)
(3.8M)
(1.2M)
(0.0)
(0.0)
(0.0)
6M
8.4M
4.2M
415K
16K
106K
0.0
-2.9M
(728K)
(862K)
(0.0)
(0.0)
-20.6M
(0.0)
6M
7.3M
4.2M
415K
16K
106K
552K
-129.8M
-127.5M
-89.2M
-66.2M
-48.6M
-26.1M
-13.7M
NET INCOME
-129.8M
-127.5M
-89.2M
-66.2M
-48.6M
-26.1M
-13.1M

SEC Filings

TCRX - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 22, 2026
May 20, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 17, 2026
May 20, 2026
2026
8-K

8-K 2026

N/A

April 02, 2026
March 31, 2026
2026
10-K

10-K 2025 FY

FY

March 04, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 04, 2026
March 04, 2026
2026
8-K

8-K 2026

N/A

January 12, 2026
January 12, 2026
2026
8-K

8-K 2025

N/A

November 26, 2025
November 25, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 12, 2025
September 30, 2025
2025
Showing 1 to 10 of 96 filings