TScan Therapeutics (TCRX) EBITDA (2020 - 2026)

TScan Therapeutics' (TCRX) quarterly EBITDA came in at -$29.1 million in Q1 2026, up 19.62% year-on-year from -$24.4 million in Q1 2025, and down 22.14% on a QoQ basis from -$23.9 million in Q4 2025.

TScan Therapeutics (TCRX) EBITDA (2020 - 2026) Analysis & Trends

TScan Therapeutics (TCRX) has 7 years of EBITDA data on file, last reported at -$29.1 million in Q1 2026.

  • On a quarterly basis, EBITDA rose 19.62% year-over-year to -$29.1 million in Q1 2026; TTM through Mar 2026 was -$128.7 million, a 7.87% increase from a year earlier, with the FY2025 full-year figure at -$135.8 million, down 0.74% from the prior year.
  • EBITDA for Q1 2026 stood at -$29.1 million, down from -$23.9 million in the prior quarter.
  • Over the last five years, EBITDA for TCRX reached as high as -$15.2 million in Q2 2022 and fell as low as -$38.7 million in Q2 2025.
  • Historically, EBITDA has averaged -$27.1 million across 5 years, with a median of -$24.7 million in 2023.
  • Across the five-year window, EBITDA tumbled 104.13% in 2022 and surged 35.01% in 2025, its largest moves.
  • Year by year, EBITDA stood at -$18.6 million in 2022, then slipped by 14.52% to -$21.4 million in 2023, then tumbled by 71.9% to -$36.7 million in 2024, then jumped by 35.01% to -$23.9 million in 2025, then dropped by 22.14% to -$29.1 million in 2026.
  • Per Business Quant data, the three most recent EBITDA figures were -$29.1 million in Q1 2026, -$23.9 million in Q4 2025, and -$37.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Oculis Holding AG 66,621.14 Bn 66,620.85 Bn - -27.75 Mn
2 Nanobiotix 1,915.18 Bn 1,915.11 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -15.76 Mn
4 BeOne Medicines 471.27 Bn 466.48 Bn 1.35 Bn 249.90 Mn
5 Vertex Pharmaceuticals 121.81 Bn 114.57 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 69.58 Bn 60.82 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 62.72 Bn 62.72 Bn - -32.68 Mn
8 Argenx Se 55.51 Bn 50.33 Bn 1.41 Bn 493.00 Mn
9 Revolution Medicines 37.35 Bn 37.35 Bn - -445.22 Mn
10 TScan Therapeutics 100.59 Mn -27.47 Mn - -29.14 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -29.14 Mn
Dec 31, 2025 -23.86 Mn
Sep 30, 2025 -37.05 Mn
Jun 30, 2025 -38.65 Mn
Mar 31, 2025 -36.25 Mn
Dec 31, 2024 -36.71 Mn
Sep 30, 2024 -32.62 Mn
Jun 30, 2024 -34.11 Mn
Mar 31, 2024 -31.37 Mn
Dec 31, 2023 -21.36 Mn
Sep 30, 2023 -24.75 Mn
Jun 30, 2023 -24.61 Mn
Mar 31, 2023 -22.74 Mn
Dec 31, 2022 -18.65 Mn
Sep 30, 2022 -16.58 Mn
Jun 30, 2022 -15.25 Mn
Mar 31, 2022 -16.16 Mn
Dec 31, 2021 -14.20 Mn
Sep 30, 2021 -15.84 Mn
Jun 30, 2021 -10.68 Mn