NASDAQ$TCRX

Tscan Therapeutics Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

TScan Therapeutics reported Q1 2026 with $1M revenue, net loss of $28.7M, and diluted loss per share of $0.34.

For the period ended 2026-03-31, TScan Therapeutics reported $1M revenue. Collaboration revenue $1.0M vs $2.2M on Amgen partnership timing. Net loss $(28.7)M on R&D-heavy oncology pipeline. Pre-commercial biotech. Clinical milestones and collaboration revenue timing drive outlook; no product revenue guidance.

  • Collaboration revenue $1.0M vs $2.2M on Amgen partnership timing.
  • Net loss $(28.7)M on R&D-heavy oncology pipeline.
  • Pre-commercial biotech.

Headline financials

Total Revenue

$982K

Previous: $2.17M-54.8%
EPS (adj)

-$0.34

Previous: -$0.26-30.8%
Capital Expenditures

-$70K

Previous: -$1.53M+95.4%
Free Cash Flow

-$24.3M

No prior period
Net Income

-$28.7M

Previous: -$34.1M+16.0%
Operating Income

-$29.1M

Previous: -$36.3M+19.6%

Revenue & EPS history

Tscan Therapeutics · Revenue · Quarterly

$982K

Q1 2026-54.8%vs Q1 2025
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

Tscan Therapeutics · $3.89M total across 1 segment · Q3 2023

  • Collaboration & License
    $3.89M

Forward guidance

Clinical milestones and collaboration revenue timing drive outlook; no product revenue guidance.

Tailwinds

  • Cash supports ongoing trials.
  • Amgen collaboration provides funding potential.
  • Focused oncology pipeline.

Headwinds

  • Minimal revenue.
  • Large quarterly burn.
  • Trial execution and partnership dependency.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.6%

Avg return

Earnings day

+0.2%

Avg return

5 days after

-5.7%

Avg return

30 days after

60%

12 / 20 earnings

Positive

+32.4%

Q1 2023

Best reaction

-18.2%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.3%-3.3%-18.9%
Q4 2025+4.9%+19.8%-2.4%
Q3 2025+0.8%-20.5%-17.2%
Q2 2025+3.1%+11.8%+14.9%
Q1 2025-4.6%+0.8%+18.3%
Q4 2024+2.6%+7.7%-7.1%
Q3 2024-7.9%-22.6%-47.0%
Q2 2024-1.0%-3.0%-3.9%
Q1 2024+16.3%+16.2%+14.9%
Q4 2023+1.6%-6.7%+0.9%
Q3 2023+3.0%+14.9%+50.8%
Q2 2023-4.2%-2.3%+12.1%
Q1 2023+32.4%+18.5%-14.4%
Q4 2022-8.5%-23.0%-33.3%
Q3 2022-0.4%+3.9%-20.6%
Q2 2022-10.8%-18.8%-20.5%
Q1 2022+10.6%+38.3%+80.0%
Q4 2021+7.8%-1.6%-37.8%
Q3 2021+2.2%-4.4%-28.0%
Q2 2021-18.2%-21.7%-53.7%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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