MERSANA THERAPEUTICS INC (MRSN) Earnings History & Surprises

NASDAQ:MRSN • US59045L2051

29.08 USD
+0.04 (+0.14%)
At close: Jan 5, 2026
29.3 USD
+0.22 (+0.76%)
After Hours: 1/5/2026, 8:00:00 PM

Past quarterly earnings results for MERSANA THERAPEUTICS INC (MRSN), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release DateMar 2, 2026
PeriodQ4 / 2025
EPS Estimate-$3.30
Revenue Estimate5.193M

Last Reported

Most Recent
Release DateNov 14, 2025
PeriodQ3 / 2025
EPS Reported-$1.51
EPS Surprise 8.12%
Revenue Surprise -23.98%

Beat Rate

Last 8 Quarters
56%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (USD)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q3 2025 -1.51 -1.64 8.12% 32.89% 11.009M 14.482M -23.98% -12.61%
Q2 2025 -4.87 -4.01 -21.54% 2.60% 3.056M 6.49M -52.91% 33.28%
Q1 2025 -4.75 -4.95 3.98% -18.75% 2.754M 5.957M -53.77% -70.21%
Q4 2024 -2.75 -4.11 33.06% 31.25% 16.361M 7.831M 108.93% 52.89%
Q3 2024 -2.25 -4.47 49.71% 66.67% 12.598M 7.681M 64.02% 63.65%
Q2 2024 -5.00 -4.37 -14.37% 57.45% 2.293M 8.896M -74.22% -78.48%
Q1 2024 -4.00 -4.62 13.34% 69.23% 9.245M 8.67M 6.63% 18.50%
Q4 2023 -4.00 -4.19 4.54% 63.64% 10.701M 15.068M -28.98% -27.15%
Q3 2023 -6.75 -9.23 26.85% 55.74% 7.698M 9.537M -19.28% 38.20%
Q2 2023 -11.75 -11.26 -4.38% 14.55% 10.654M 13.214M -19.37% 148.93%
Q1 2023 -13.00 -11.11 -16.99% 11.86% 7.802M 18.651M -58.17% 282.45%
Q4 2022 -11.00 -12.86 14.48% 35.29% 14.69M 15.589M -5.77% 146,800.00%
Q3 2022 -15.25 -2.30 -564.49% 3.17% 5.57M 35.879M -84.48% 55,600.00%
Q2 2022 -13.75 -13.26 -3.70% 6.78% 4.28M 2.246M 90.56% 42,700.00%
Q1 2022 -14.75 -8.12 -81.57% -18.00% 2.04M 8.308M -75.45% 20,300.00%
Q4 2021 -17.00 -17.05 0.28% -61.90% 10K 3.743K 167.14% -
Q3 2021 -15.75 -14.79 -6.49% -90.91% 10K 105.356K -90.51% -
Q2 2021 -14.75 -12.71 -16.07% -78.79% 10K 144.503K -93.08% -98.75%
Q1 2021 -12.50 -10.07 -24.10% -42.86% 10K 326.4K -96.94% -
Q4 2020 -10.50 -8.27 -26.97% - 10K 171.87K -94.18% -
Q3 2020 -8.25 -7.78 -6.08% - 10K 447.984K -97.77% -
Q2 2020 -8.25 -7.61 -8.45% - 800K 306K 161.44% -
Q1 2020 -8.75 -9.51 7.97% - 10K 399.503K -97.50% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

MRSN EPS Q2Q GrowthMRSN EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q4/21 Q3/22 Q2/23 Q1/24 Q4/24 Q3/25 Q2/26 Q1/27 Q4/27 Q3/28 0 50 -50 -100

Revenue Historical Q2Q growth and Acceleration

MRSN Revenue Q2Q GrowthMRSN Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 0 50K 100K

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
3
Average EPS beat (4)
5.91%
Max EPS beat (4)
33.06%
Min EPS beat (4)
-21.54%

Revenue beat statistics

Revenue beat (4)
1
Average Revenue beat (4)
-5.43%
Max Revenue beat (4)
108.93%
Min Revenue beat (4)
-53.77%

Analysis

In the last 4 quarters, MRSN has beaten EPS estimates in 3 out of 4 releases
MRSN has beaten revenue estimates in 1 out of the last 4 releases
In the last 4 quarters, MRSN has beaten the EPS estimates by 5.9% on average.
In the last 4 quarters, MRSN reported -5.4% below the revenue estimates on average.
→ Find peers who consistently beat earnings by at least 10% in the last 4 quarters

MERSANA THERAPEUTICS INC / MRSN Earnings FAQ

What is the most recent earnings date for MRSN stock?

MERSANA THERAPEUTICS INC (MRSN) last reported earnings on 11/14/2025.


Did MRSN stock beat earnings estimates in the most recent quarter?

MERSANA THERAPEUTICS INC (MRSN) beat EPS estimates and missed revenue estimates in the most recent quarter.


How often does MERSANA THERAPEUTICS INC (MRSN) beat earnings estimates?

In the last 4 quarters, MERSANA THERAPEUTICS INC (MRSN) has beaten EPS estimates in 3 out of 4 releases.