Mersana Therapeutics, Inc.

MRSN · NASDAQ
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9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$11,009$3,056$2,754$16,361
% Growth260.2%11%-83.2%
Cost of Goods Sold$0$287$0$0
Gross Profit$11,009$2,769$2,754$16,361
% Margin100%90.6%100%100%
R&D Expenses$12,182$16,218$18,341$22,286
G&A Expenses$6,303$7,415$8,925$8,886
SG&A Expenses$6,303$7,415$8,925$8,886
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$0-$287$0$0
Operating Expenses$18,485$23,346$27,266$31,172
Operating Income-$7,476-$20,577-$24,512-$14,811
% Margin-67.9%-673.3%-890.1%-90.5%
Other Income/Exp. Net-$69-$3,719$389$694
Pre-Tax Income-$7,545-$24,296-$24,123-$14,117
Tax Expense$0$0$0$0
Net Income-$7,545-$24,296-$24,123-$14,117
% Margin-68.5%-795%-875.9%-86.3%
EPS-1.51-4.87-4.85-2.86
% Growth69%-0.4%-69.6%
EPS Diluted-1.51-4.87-4.85-2.86
Weighted Avg Shares Out4,9874,9874,9794,942
Weighted Avg Shares Out Dil4,9874,9874,9794,942
Supplemental Information
Interest Income$516$895$1,164$1,597
Interest Expense$394$674$775$903
Depreciation & Amortization$83$287$316$400
EBITDA-$7,068-$23,335-$23,032-$12,814
% Margin-64.2%-763.6%-836.3%-78.3%
Mersana Therapeutics, Inc. (MRSN) Financial Statements & Key Stats | AlphaPilot