NASDAQ$IMRX

Immuneering Corporation · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Immuneering reported its first quarter 2025 financial results, highlighting progress in clinical trials and financial stability.

Immuneering reported a net loss of $15.0 million for Q1 2025, compared to $14.3 million in Q1 2024. The company's cash and cash equivalents stood at $35.9 million, with a cash runway extended into 2026. Clinical progress for IMM-1-104 in pancreatic cancer showed promising results, including a patient passing the 13-month mark on monotherapy.

  • IMM-1-104 showed exceptional efficacy in pancreatic cancer patients, including a third-line monotherapy patient with over 13 months progression-free survival.
  • The company announced a clinical trial supply agreement with Regeneron Pharmaceuticals to evaluate IMM-1-104 in combination with Libtayo® for non-small cell lung cancer.
  • Dr. Igor Matushansky was appointed as Chief Medical Officer to lead clinical efforts, particularly for the planned Phase 3 trial in first-line pancreatic cancer.
  • Immuneering extended its cash runway into 2026, providing financial stability for ongoing operations and clinical development.

Headline financials

Total Revenue

$0.00

Previous: $19.2K-100.0%
EPS (adj)

-$0.42

Previous: -$0.49+14.3%
Shares Outstanding

35.5M

No prior period
Capital Expenditures

-$8.95K

Previous: -$37.5K+76.1%
Net Income

-$15M

Previous: -$14.3M-5.2%
Operating Income

-$15.5M

Previous: -$15.3M-1.0%

Revenue & EPS history

Immuneering · Revenue · Quarterly

$0

Q1 2025-100%vs Q1 2024
Beat estimate in 1 of 5 quarters(20%)
ActualEstimate

Forward guidance

Immuneering expects initial progression-free survival data from the IMM-1-104 Phase 2a trial in Q2 2025 and plans to initiate a Phase 3 trial of IMM-1-104+mGnP in first-line pancreatic cancer in 2026. The company's cash runway is projected to fund operations into 2026.

Tailwinds

  • Progression-free survival data from IMM-1-104 Phase 2a trial expected in 2Q'25.
  • Planning for additional IMM-1-104 combination arms.
  • Initiation of Phase 3 trial of IMM-1-104+mGnP in first-line pancreatic cancer planned for 2026.
  • Cash runway extended into 2026.
  • Continued positive clinical trial results for IMM-1-104.

Headwinds

  • No specific negative forward guidance was provided in the report.
  • Reliance on successful clinical trial outcomes for future progress.
  • Potential for delays in clinical trials.
  • Need for additional funding beyond 2026.
  • Uncertainties inherent in oncology drug development.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-4.3%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+3.7%

Avg return

30 days after

23%

5 / 22 earnings

Positive

+8.3%

Q4 2022

Best reaction

-13.0%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+6.8%+13.5%+9.4%
Q3 2025-2.4%+8.0%-8.2%
Q1 2025+4.9%+0.7%+64.6%
Q4 2024-1.8%+0.6%-24.4%
Q3 2024+6.0%-1.6%-10.7%
Q2 2024-6.6%-10.7%-2.5%
Q1 2024-1.2%-12.1%-14.5%
Q4 2023-0.8%+3.2%-53.4%
Q3 2023-12.1%-10.8%+24.9%
Q2 2023-2.2%-6.4%-15.7%
Q1 2023-9.3%-11.2%-0.6%
Q4 2022+8.3%+47.9%+64.2%
Q3 2022-12.5%-16.3%-40.1%
Q2 2022-5.7%-1.5%+32.2%
Q1 2022+3.0%+17.2%+49.9%
Q4 2021-7.3%-6.3%+1.0%
Q3 2021-5.4%-10.2%-29.5%
Q3 2020-5.4%-10.2%-29.5%
Q1 2021-13.0%+8.5%+16.2%
Q2 2021-13.0%+8.5%+16.2%
Q2 2020-13.0%+8.5%+16.2%
Q4 2020-13.0%+8.5%+16.2%
Q1 2020

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