FY2025 · ended Dec 31, 2025 · Revenue $10.32M, +266.7% YoY · Filed Mar 4, 2026
Tscan Therapeutics, Inc. (TCRX) files with the SEC under industry code 2836, Biological Products, (No Diagnostic Substances). In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $10.3 million and a net loss of $129.8 million. Free cash flow was -$139.7 million. As of Jun 30, 2026 it held $100.2 million in cash and investments and $90.9 million in total debt.
Revenue (TTM)
$7.11M
+2.2% vs year-ago TTM
Net income (TTM)
$-117.71M
+13.9% vs year-ago TTM
Operating cash flow (TTM)
$-116.28M
+7.8% vs year-ago TTM
Free cash flow (TTM)
$-118.44M
+9.8% vs year-ago TTM
EPS (TTM)
$-0.91
+17.4% vs year-ago TTM
Dividend per share
None
Shares outstanding
23.98M
Net cash
$9.26M
as of Jun 30, 2026
Operating margin
-1695.1%
FY 2026
Company profile
- Industry
- Biological Products, (No Diagnostic Substances) (SIC 2836)
- Listed as
- TCRX (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Waltham, MA
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1783328
Other Biological Products, (No Diagnostic Substances) companies
- Amgen Inc AMGN
- Gilead Sciences, Inc. GILD
- Moderna, Inc. MRNA
- Argenx SE ARGX
- Revolution Medicines, Inc. RVMD
- Biogen Inc. BIIB
- BioNTech SE BNTX
- Exelixis, Inc. EXEL
All 182 Biological Products, (No Diagnostic Substances) companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $10.3M | $2.8M | $21.0M | $13.5M | $10.1M |
| Operating income | -$135.8M | -$134.8M | -$93.5M | -$66.6M | -$48.6M |
| Net income | -$129.8M | -$127.5M | -$89.2M | -$66.2M | -$48.6M |
| Diluted EPS | -$1.00 | -$1.14 | -$1.36 | -$2.75 | — |
| Operating cash flow | -$135.3M | -$110.8M | -$61.4M | -$66.5M | -$48.7M |
| Free cash flow | -$139.7M | -$114.6M | -$64.5M | -$70.7M | -$58.6M |
| Total assets | $228.8M | $371.1M | $272.1M | $199.1M | $188.1M |
| Total liabilities | $105.7M | $130.1M | $121.3M | $99.7M | $27.3M |
| Stockholders' equity | $123.1M | $241.0M | $150.9M | $99.4M | $160.8M |
| Cash and investments | $152.4M | $290.1M | $192.0M | $120.0M | $161.4M |
| Total debt | $94.1M | $97.4M | $92.4M | $86.0M | $6.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Officer or director change
|
Oct 16, 2026 | Oct 13, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 30, 2026 | Sep 24, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 11, 2026 | Sep 8, 2026 |
| 8-K |
Current report
Exit or restructuring costs, Listing notice, Officer or director change, Regulation FD disclosure, Other events
|
Sep 2, 2026 | Aug 27, 2026 |
| 8-K |
Current report
Agreement ended
|
Aug 18, 2026 | Aug 12, 2026 |
| 10-Q | Quarterly report | Aug 12, 2026 | Jun 30, 2026 |
All 334 Tscan Therapeutics, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.