NASDAQ$IMRX

Immuneering Corporation · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Immuneering Corporation reported financial results for the second quarter ended June 30, 2026.

The company reported a net loss of $17.3 million for the quarter, driven by R&D expenses of $14.0 million and G&A expenses of $5.0 million. Cash, cash equivalents and marketable securities totaled $182.7 million at quarter end, supporting ongoing clinical development of atebimetinib.

  • Net loss of $17.3 million for Q2 2026, compared to $14.4 million in Q2 2025.
  • R&D expenses increased to $14.0 million, reflecting advancement of MAPKeeper 301 trial.
  • Strong liquidity position with $182.7 million in cash and marketable securities.
  • Continued progress on atebimetinib clinical programs with anticipated milestones in 2026-2028.

Headline financials

Total Revenue

$0.00

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

-$0.27

Previous: -$0.47+42.6%
Shares Outstanding

64.7M

No prior period
Capital Expenditures

-$11.1K

Previous: -$70.3K+84.3%
Net Income

-$14.4M

Previous: -$14.1M-2.5%
Operating Income

-$14.8M

Previous: -$14.9M+1.0%
Cash & Equivalents

$41.3M

No prior period
Total Assets

$202M

No prior period

Revenue & EPS history

Immuneering · Revenue · Quarterly

$0

Q2 2025-100%vs Q2 2024
Beat estimate in 1 of 5 quarters(20%)
ActualEstimate

Forward guidance

Company expects to dose first patient in NSCLC combination trial in H2 2026, provide additional preclinical data in Q4 2026, begin IND-enabling studies in mid-2027, and report topline data from MAPKeeper 301 in mid-2028.

Tailwinds

  • Strong cash runway into 2029
  • Positive interim data from Phase 2a atebimetinib trial
  • Fast track designations received for multiple indications

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

-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%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
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%
Q2 2021-13.0%+8.5%+16.2%
Q1 2021-13.0%+8.5%+16.2%
Q4 2020-13.0%+8.5%+16.2%
Q2 2020-13.0%+8.5%+16.2%
Q1 2020

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