Immuneering Corporation

IMRX Healthcare Biotechnology

Immuneering Corporation’s revenue for fiscal 2022 (year ended December 2022) was $317,000.00. In the quarter to June 2026, EPS grew 32.5% and free cash flow fell 74.9%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

3.59 0.05 −1.37%
Market cap
$235.5M
P/E
0.0×
Fwd P/E
−3.5×
Dividend yield
—
F-score
3/9
Altman Z
4.47
Beneish M
−6.35
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.27
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — 5 — — — — 2 — — — —
Sell — — — — — — — — — — — —
Insider Ownership 14.01%

Capital & Financial Ratios $m

Market Cap 235.50
Revenue 0.32
Net Income (57.28)
Free Cash Flow (56.99)
Net Debt (149.90)
Current Ratio 19.47 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (3.52) (negative: loss-making)
P/S ratio 732.69 (above 10: high)
P/B ratio 1.22
Past 5Y EPS Growth —
This Y EPS Growth 11.92%
Next Y EPS Growth (12.26%) (below 0%: weak)
Next Y revenue growth 448.90% (at or above 10%: strong)
Next 5Y EPS Growth 3.70%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 75.27%
10-year low 10-year high
P/B against its own 10 years 41.44%
10-year low 10-year high
EV/Sales against its own 10 years 58.48%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 86 36 173 150
Receivables — — — —
Inventory — — — —
Other — — — —
89 40 176 158
2023 2024 2025 Q'26
Payables 2 2 2 3
ST’ Debt — — — —
Other 0 0 0 0
8 8 10 8

Compound Annual Growth %

10y 5y 3y
Sales — — (45.14%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 25.76%

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’22 0 0 0 0 0
’21 1 1 0 0 2
’20 0 0 1 — 2
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (18) (17) — — —
’25 (14) (9) (12) (10) (45)
’24 (15) (12) (13) (15) (55)
’23 (14) (11) (12) (12) (49)
’22 (12) (9) (11) (12) (44)
’21 (6) (6) (9) (9) (31)
’20 (2) (6) (3) (5) (15)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (19) (17) — — —
’25 (14) (9) (12) (10) (45)
’24 (16) (12) (13) (15) (55)
’23 (14) (11) (12) (12) (49)
’22 (12) (10) (11) (12) (45)
’21 (6) (6) (9) (9) (31)
’20 (2) (6) (3) (5) (15)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.21) (0.27) — — —
’25 (0.42) (0.40) (0.38) (0.18) (1.27)
’24 (0.49) (0.47) (0.49) (0.58) (2.04)
’23 (0.51) (0.43) (0.43) (0.52) (1.88)
’22 (0.49) (0.44) (0.49) (0.50) (1.91)
’21 (1.26) (1.61) (0.47) (0.42) (2.46)
’20 (0.13) (0.73) (0.89) — (3.44)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — 15.74 3.74 3.70 1.00 1.10

Analyst estimates 2026–2028

Powerpack
High — — — — — 33.99 17.36 14.29 7.68 10.08
People
People Employees — — — — 32 64 73 68 66 53
Revenue/emp, $m — — — 0.00 0.07 0.03 0.00 0.00 0.00 0.00
Income, $m
Income, $m Revenue — — — 2 2 2 0 — — —
Gross margin, % — — — 35.67 44.61 44.56 50.09 — — —
EBT — — — (8) (17) (34) (51) (53) (61) (56)
EBT margin, % — — — (401.59) (737.18) (1,627.08) (15,934.89) 0.00 0.00 0.00
Net income — 0 — (8) (17) (34) (51) (53) (61) (56)
Depreciation — — — 0 0 0 1 0 0 1
Per share, $
Per share, $ Revenue — — — 0.08 0.47 0.15 0.01 0.00 0.00 0.00
Earnings — — — (0.30) (3.44) (2.46) (1.91) (1.88) (2.04) (1.27)
Cash flow — — — (0.18) (2.95) (2.27) (1.67) (1.72) (1.83) (1.03)
Capex — — — 0.00 (0.01) 0.00 (0.03) (0.01) 0.00 0.00
Free cash flow — — — (0.18) (2.96) (2.27) (1.70) (1.74) (1.84) (1.03)
Book value — — — (0.26) (4.54) 11.46 4.16 3.19 1.38 4.96
Shares, m — — — 26 5 14 26 28 30 44
Valuation, ×
Valuation, × P/E — — — 0.00 0.00 0.00 0.00 — — —
P/S — — — 33.89 33.89 105.83 333.79 — — —
P/B — — — 0.00 0.00 1.41 0.96 — — —
EV/Sales — — — 14.35 14.35 34.10 0.91 — — —
EV/FCF — — — (1.71) (1.71) (2.29) (0.01) — — —
Cash, $m
Cash, $m Operating cash flow — — — (4) (15) (31) (44) (49) (55) (45)
Capex — — — 0 0 0 (1) 0 0 0
Free cash flow — — — (4) (15) (31) (45) (49) (55) (45)
Balance, $m
Balance, $m Working capital — — — 14 35 147 101 81 32 166
Total debt — — — 17 59 5 5 — — —
Net debt — — — 3 (37) (149) (106) (86) (36) (173)
Shareholders’ equity — — — (7) (22) 156 110 91 41 218
Returns, %
Returns, % ROA — — — (109.20) (64.86) (32.70) (34.95) (47.54) (78.61) (39.36)
ROIC — — — 0.00 0.00 (312.34) (747.69) (743.47) (763.99) (81.29)
ROE — — — 53.15 117.48 (50.24) (38.00) (53.36) (92.51) (43.12)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2022 · latest quarter Dec 2022

Charts ten years each

Immuneering Corporation vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ACIU AC Immune $249.4M — (loss-making) — (loss-making) +29.66% (above 0%: growing) n/m +4.66% (above 0%: growing) 100.00% (1,321.50%) Compare
BBOT BridgeBio Oncology Therapeutics, Inc $236.5M — (loss-making) — — n/m −88.78% (below 0%: shrinking) — 0.00% Compare
SABS SAB Biotherapeutics, Inc. $235.7M — (loss-making) 19.9× −90.95% (below 0%: shrinking) n/m −59.75% (below 0%: shrinking) 100.00% 0.00% Compare
IMRX Immuneering Corporation $235.5M — (loss-making) — (loss-making) −99.74% (below 0%: shrinking) n/m −74.94% (below 0%: shrinking) 0.00% 0.00%
QTTB Q32 Bio Inc. $231.3M 2.5× — (loss-making) −1,928.18% (below 0%: shrinking) n/m +71.13% (above 0%: growing) 100.00% 0.00% Compare
FATE Fate Therapeutics, Inc. $230.7M — (loss-making) — (loss-making) +9.18% (above 0%: growing) n/m +8.96% (above 0%: growing) 100.00% (1,495.39%) Compare
LXEO Lexeo Therapeutics, Inc. $226.6M — (loss-making) — (loss-making) — n/m +35.58% (above 0%: growing) 0.00% 0.00% Compare
SLGL Sol-Gel Technologies Ltd. $224.9M — (loss-making) — (loss-making) −96.58% (below 0%: shrinking) n/m −8.76% (below 0%: shrinking) 100.00% (704.23%) Compare
GLSI Greenwich LifeSciences, Inc. $224.9M — (loss-making) — — n/m +13.14% (above 0%: growing) 0.00% 0.00% Compare
Median of peers $231.0M — — −90.95% — +6.81% 100.00% 0.00%

All 614 Biotechnology stocks →

Immuneering Corporation (IMRX) key facts

  • Immuneering Corporation (IMRX) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • Immuneering Corporation’s revenue for fiscal 2022 (year ended December 2022) was $317,000.00.
  • As of October 16, 2026, IMRX traded at $3.59, a market capitalization of $235.5 million.
  • Return on equity was −43.1% and debt-to-equity 0.00.
  • Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 4.47 (safe zone) for fiscal 2022.

Source: company filings (standardised) and stockrow calculations.

Immuneering Corporation (IMRX) Latest News

13 Nov

Impact 4 · transcript
stockrow.com/IMRX · Data as of Dec 31, 2022 · For information only; not investment advice. · © 2026 stockrow.com