TScan Therapeutics, Inc.

TScan Therapeutics, Inc.

TCRX
TScan Therapeutics, Inc.US flagNASDAQ Global Market
0.91
USD
-0.01
- -
55.71MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.05
0.87
0.56
0.32
0.03
0.08
0.07
Basic EPS, GAAP
-0.57
-1.09
-4.17
-2.75
-1.36
-1.14
-1
-0.96
Free Cash Flow per Basic Share
-0.58
-0.3
-5.03
-2.94
-0.98
-1.02
-1.08
-0.96
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.73
-1.82
-7.9
-6.59
-3.77
-3.35
-3.89
-4.11
Tangible Book Value per Share
-0.72
-1.77
13.79
4.13
2.3
2.15
0.95
0.75
Basic Weighted Avg Shares
24
24
12
24
66
112
130
130
Sales/Revenue/Turnover
- -
1
10
14
21
3
10
9
Operating Margin (%)
- -
-2,417.79
-479.65
-492.32
-444
-4,787.68
-1,315.38
-1,408.73
Depreciation Expense
1
1
3
5
5
4
3
3
Net Income, GAAP
-14
-26
-49
-66
-89
-127
-130
-124
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-2,408.02
-479.49
-489.26
-423.86
-4,527.66
-1,256.81
-1,360.61
Working Capital
40
19
144
107
164
257
139
113
LT Debt
4
6
4
82
86
93
87
85
Total Equity
-17
-42
161
99
151
241
123
97
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
7
7
7
LT Borrowings
32
33
33
LT Finance Leases
56
54
52
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
57
57
60
Market Capitalization
232
130
131

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
188
157
133
Cash, Cash Equivalents & STI
184
152
128
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
29
19
20
Payables & Accruals
11
5
6
ST Debt
7
7
7
Deferred Revenue
5
3
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-90.85%
-48.91%
Free Cash Flow
- -
163.75%
21.87%
Net Income, GAAP
- -
40.34%
1.78%
Sales/Revenue/Turnover
- -
220.73%
266.65%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
1
1
1
3
2025
2
3
3
3
10
2026
1
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.32
-0.28
-0.25
-0.3
-1.14
2025
-0.26
-0.28
-0.28
-0.18
-1
2026
-0.22
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Gavin MacBeath
Full Time Employees
200
Sector
Healthcare
Industry
Biotechnology
Address
830 Winter Street Waltham MA United States of America 02451
IPO Date
Jul 16, 2021
Website
tscan.com
Business
TScan Therapeutics, Inc. TScan Therapeutics, Inc. (Nasdaq: TCRX) is a clinical-stage biotechnology company that develops T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment of patients with cancer. The company offers lead product candidates TSC-100 and TSC-101 targeting hematologic malignancies such as acute myeloid leukemia (AML), myelodysplastic syndrome (MDS), and acute lymphoblastic leukemia (ALL) to eliminate residual disease and prevent relapse following allogeneic hematopoietic cell transplantation (HCT); multiplex TCR-T therapies including TSC-200, TSC-201, TSC-202, TSC-203, and TSC-204 for solid tumors through its ImmunoBank platform to address tumor heterogeneity and antigen escape; and preclinical programs in autoimmunity and infectious diseases leveraging its proprietary TargetScan platform for T cell target discovery. TScan Therapeutics operates primarily in the United States with research and development focused on oncology, serving patients undergoing HCT and those with advanced solid tumors. Founded in early 2018 and headquartered in Waltham, Massachusetts, the company maintains facilities at 830 Winter Street and 880 Winter Street for laboratory and office space. Recent developments include reaching agreement with the U.S. Food and Drug Administration (FDA) in October 2025 on a pivotal trial design for TSC-101 mirroring the ongoing ALLOHA Phase 1 trial, with plans to initiate the registrational study in the second quarter of 2026 and present two-year relapse-free data at the American Society of Hematology meeting on December 6, 2025; pausing further enrollment in the PLEXI-T solid tumor Phase 1 trial (NCT05973487) in early November 2025 to prioritize the hematologic malignancies program and advance preclinical in vivo engineering for solid tumors; implementing a commercial-ready manufacturing process that reduces production time by five days; planning investigational new drug (IND) applications for two additional TCR-T candidates to expand HLA coverage in the fourth quarter of 2025; dosing the first patients with multiplex TCR-T therapy in the PLEXI-T trial earlier in 2025; and maintaining collaborations with Amgen Inc. for target discovery in Crohn's disease, initiated in May 2023 with potential milestone payments exceeding $500 million, following an earlier alliance with Novartis Institutes for BioMedical Research, Inc. that concluded in March 2024. As of September 30, 2025, TScan Therapeutics holds cash, cash equivalents, and marketable securities of $184.5 million, sufficient to fund operations into the second half of 2027.

Company News

MCPAPIChat
  • Cellares and TScan Therapeutics Announce Agreement to Evaluate Automated Manufacturing of TSC-101 for Patients with Hematologic Malignancies

  • Cellares and TScan Therapeutics Announce Agreement to Evaluate Automated Manufacturing of TSC-101 for Patients with Hematologic Malignancies

  • TScan Therapeutics, Inc. (TCRX) Reports Q1 Loss, Lags Revenue Estimates

  • TScan Therapeutics Reports First Quarter 2026 Financial Results and Provides Corporate Update

  • TScan Therapeutics Announces Upcoming Presentation at the American Society of Gene and Cell Therapy 29th Annual Meeting

  • TScan Therapeutics to Participate in the 25th Annual Needham Virtual Healthcare Conference

  • TScan Therapeutics, Inc. (TCRX) Reports Q4 Loss, Misses Revenue Estimates

  • TScan Therapeutics Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Business Update

  • TScan Therapeutics Completes Enrollment in Cohort C of Phase 1 ALLOHA™ Trial and Announces FDA Clearance of Investigational New Drug Applications for Heme Candidates TSC-102-A01 and TSC-102-A03

  • TScan Therapeutics to Participate in the TD Cowen 46th Annual Health Care Conference

  • TScan Therapeutics, Inc. (NASDAQ:TCRX) Receives Consensus Recommendation of “Hold” from Brokerages

  • TScan Therapeutics Announces Positive Updated Data from the ALLOHA™ Phase 1 Heme Trial at the 67th American Society of Hematology Annual Meeting and Exposition

  • Blood Cancer Therapeutics Reach Critical Commercial and Clinical Inflection Points

  • TScan Therapeutics to Host Virtual KOL Event to Discuss Clinical Updates from the ALLOHA™ Phase 1 Trial and Future Market Opportunities

  • TScan Therapeutics, Inc. (TCRX) Reports Q3 Loss, Lags Revenue Estimates

  • TScan Therapeutics Reports Third Quarter 2025 Financial Results and Provides Corporate Update

  • TScan Therapeutics to Participate in the Guggenheim 2nd Annual Healthcare Innovation Conference

  • TScan Therapeutics Reaches Agreement with FDA on Pivotal Study Design for TSC-101 and Announces Strategic Prioritization to Advance TSC-101 and Extend Cash Runway into H2 2027

  • TScan Therapeutics Announces Upcoming Oral and Poster Presentations at the American College of Rheumatology Convergence 2025

  • TScan Therapeutics to Participate in Upcoming Investor Conferences