MRSN

Mersana Therapeutics, Inc.
—

Company Information

Company Name
Mersana Therapeutics, Inc.
CIK
CIK0001442836
Category
Non-accelerated filer<br>Smaller reporting company
Ticker: Exchange
MRSN: Nasdaq
Fiscal Year End
December 31
Owner Organization
03 Life Sciences
SIC
2834
SIC Description
Pharmaceutical Preparations
Ticker
MRSN

SEC filing data through

Insider Sentiment

Last purchase
—
Last sale
2025-10-27
Shares purchased (TTM)
0
Shares sold (TTM)
87,610
Buy ratio (TTM)0.0%

Institutional Sentiment

As of
2025-12-31
Institutional shares owned
2,034,083
Shares outstanding
4,992,639
Ownership
40.74%
-43.40% Y/Y

Earnings Market Reaction

Filing date
2025-11-14
Price on filing date
—
1-month reaction
-0.52%
3-month reaction
…
Drift continued8/10 (80%)
Faded / reversed2/10 (20%)

Balance Sheet

Values in millions ($)
Line item2025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-31Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Assets Current
Cash And Cash Equivalents At Carrying Value5677102108795975175186129123129
Debt Securities Available For Sale Excluding Accrued Interest00027761041083555158151152
Accounts Receivable Net Current00--12-000030
Prepaid Expense And Other Assets Current3342454591089
Assets Current6080106137161169188214250297282319
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization012233344444
Operating Lease Right Of Use Asset23455678891010
Other Assets Noncurrent111111000111
Assets6385112145170179198226263311296334
Liabilities Current
Accounts Payable Current2344233713171814
Accrued Liabilities Current151513191918162229333343
Contract With Customer Liability Current242024223129262822212931
Operating Lease Liability Current234444433333
Long Term Debt Current017131311852----
Short Term Borrowings-------2---0
Other Liabilities Current001110011111
Liabilities Current435958626862536468758392
Operating Lease Liability Noncurrent000123456789
Long Term Debt------20-252525-
Long Term Debt Noncurrent008111417-23---25
Contract With Customer Liability Noncurrent7978777984889297112114116117
Other Liabilities Noncurrent000001100000
Liabilities122138143154168171170189211221232242
Preferred Stock Value000000000000
Common Stock Value000000000000
Additional Paid In Capital Common Stock892891889886882878874863859855775747
Accumulated Other Comprehensive Income Loss Net Of Tax00000-0-000-00-0
Retained Earnings Accumulated Deficit-952-944-920-896-881-870-846-826-807-765-711-655
Stockholders Equity-60-53-31-1018283752906492
Liabilities And Stockholders Equity6385112145170179198226263311296334
Stockholders Equity
Preferred Stock Par Or Stated Value Per Share0.000.000.000.000.000.000.000.000.000.000.000.00
Preferred Stock Shares Authorized252525252525252525252525
Preferred Stock Shares Issued000000000000
Preferred Stock Shares Outstanding000000000000
Common Stock Par Or Stated Value Per Share0.000.000.000.000.000.000.000.000.000.000.000.00
Common Stock Shares Authorized350350350350350350350350350350-350
Common Stock Shares Issued555555555544
Shares Outstanding555555555544

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Mersana Therapeutics, Inc. (MRSN) — SEC Financial Statements & Analysis

Mersana Therapeutics, Inc. (MRSN) is a pharmaceutical preparations company, incorporated in DE. Mersana Therapeutics, Inc. trades on Nasdaq as: MRSN. Mersana Therapeutics, Inc. (MRSN)'s most recent SEC filing is a Form 10-Q for the period ended 2025-09-30, filed with the SEC on 2025-11-14. Based on that filing, On profitability, Mersana Therapeutics, Inc. posts a gross margin of 110.68%, an operating margin of -196.61%, a net margin of -211.21%, a Return on Equity (ROE) of 239.64%, and a Return on Assets (ROA) of -60.36%. Per share, it reports EPS of $-14.04, diluted EPS of $-14.04, free cash flow per share of $-14.90, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of -4.76% year-over-year, net income growth of -6.08% year-over-year, and EPS growth of -7.66% year-over-year. On the balance sheet, it maintains a current ratio of 1.39x, a quick ratio of 1.31x, working capital of $16.72M, a debt-to-equity ratio of -2.05x, a debt ratio of 1.95, an interest coverage ratio of -26.52x, free cash flow of $-74.37M (TTM), and net debt of $-56.87M. Figures sourced from SEC EDGAR.

EPS TTM
$-14.04
ROE TTM
239.64%
ROA TTM
-60.36%
Debt To Equity
-2.05x
Free Cash Flow TTM
$-74.37M
Net Revenue TTM Growth 1Y
-4.76%

Data as of 2025-09-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Mersana Therapeutics, Inc. in?

Mersana Therapeutics, Inc. (MRSN) operates in the Pharmaceutical Preparations industry.

What exchange does MRSN trade on?

Mersana Therapeutics, Inc. (MRSN) trades on the Nasdaq.

Where is Mersana Therapeutics, Inc. incorporated?

Mersana Therapeutics, Inc. is incorporated in DE.

When was Mersana Therapeutics, Inc. (MRSN)'s most recent SEC filing?

Mersana Therapeutics, Inc. (MRSN)'s most recent SEC filing is a Form 10-Q for the period ended 2025-09-30, filed with the SEC on 2025-11-14.

What is MRSN's EPS (earnings per share)?

Mersana Therapeutics, Inc. (MRSN)'s trailing twelve month EPS is $-14.04 as of 2025-09-30.

What is MRSN's ROE (return on equity)?

Mersana Therapeutics, Inc. (MRSN)'s trailing twelve month Return on Equity (ROE) is 239.64% as of 2025-09-30.

What is MRSN's ROA (return on assets)?

Mersana Therapeutics, Inc. (MRSN)'s trailing twelve month Return on Assets (ROA) is -60.36% as of 2025-09-30.

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