Company Analysis

Marker Therapeutics, Inc. (MRKR)

Nasdaq: MRKR · Pharmaceutical Preparations · Houston, TX · filing with the SEC since 1999
Grade4.5
◀ Past 5.0● Present 4.4▶ Future 4.2
1 est.

The grade of Marker Therapeutics, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.5/10
◀ Past5.025% of the headline
● Present4.435% of the headline
▶ Future4.240% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.0/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
4.1/10

Has it survived what it has been through?

3 warning events since 2017; the latest 2025-08-12.

weight 22% of this tense · 41st percentile among 497 sector filers · read for itself

From the record

Marker Therapeutics, Inc.'s filings since 2017 show 3 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2022-08-19); an auditor change (8-K item 4.01, the latest 2025-08-12) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.6/10

What has it actually done, year after year?

+59.8% a year over 7 filed years; profitable in 0 of 7.

weight 45% of this tense · 56th percentile among 323 sector filers · read for its customers

From the record

Marker Therapeutics, Inc.'s 7 filed years say what it did: revenue went from $213 thousand in fiscal 2019 to $4 million in fiscal 2025, up 59.8% a year; it rose in 4 of 6 years; the deepest fall was 46% from fiscal 2024 to fiscal 2025; net income was positive in 0 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span59.8%top 20% of its family
  • the share of years revenue rosetop 41% of its family
  • the share of filed years with a profitbottom 27% of its family
  • the deepest fall from a revenue peak46.2%top 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
4.7/10

How has it treated the people who own it?

SI estimate 4.7/10, confidence 35 of 100 (one part).

weight 33% of this tense · 47th percentile among 464 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 47% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 464 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Marker Therapeutics, Inc.'s shareholder treatment is put at 4.7 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 47% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.4/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
5.0/10

Is it financially healthy right now?

ROE -72%: lost 72¢ per shareholder dollar. Leverage 12%: owes 12¢ per asset dollar.

weight 45% of this tense · 50th percentile among 473 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Marker Therapeutics, Inc. lost about 72 cents for every dollar of shareholders' money. Leverage: it owed about 12 cents per dollar of assets, and net share issuance: its share count grew 70.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 20% of its family
  • return on equitybottom 40% of its family
  • the share count against the year beforebottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.8/10

How strong is its position in its industry?

bottom 37% of 315 in its family; net margin -343%.

weight 22% of this tense · 37th percentile among 315 sector filers · read for its customers

From the record

Marker Therapeutics, Inc.'s standing among 315 graded names in its industry family: revenue of $4 million in fiscal 2025 ranks in the bottom 32% by size; a net margin of -343% ranks in the bottom 41%; revenue growth of 0.3% a year over the last 3 filed years ranks in the bottom 39% (its annual reports).

What it rests on

  • revenue against the family$3.5Mbottom 32% of its family
  • net margin-343.0%bottom 41% of its family
  • three-year revenue growth0.3%bottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.1/10

What are the people in charge doing?

bottom 41% of 315 in its family for leadership; chief executive since 2023.

weight 33% of this tense · 41st percentile among 315 sector filers · read for its shareholders

From the record

Marker Therapeutics, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Vera, Juan (Chief Executive Officer, as filed), filing under that title since 2023-05-11, 3.5 years (bottom 37% of its family); the 5 officers and directors filing in the last fifteen months have been on the record a median of 7.3 years (top 26%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 5 people in charge now (bottom 11%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge5 in three years among 5 peoplebottom 11% of its family
  • the median years the people in charge have filed7.3 yearstop 26% of its family
  • the chief executive's years on the record3.5 yearsbottom 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.2/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.3/10

How much room does it have to grow?

top 37% of 273 in its family for room to expand.

weight 33% of this tense · 63rd percentile among 273 sector filers · read for itself

From the record

Marker Therapeutics, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $16 million against no long-term debt tagged leaves 84.3% of its assets as net cash, top 15% of its family; cash from operations less capital spending is -338.7% of revenue (bottom 40%); research spending of 332.7% of revenue (top 36%) (its annual report).

What it rests on

  • cash less debt against assets84.3%top 15% of its family
  • cash from operations less capital spending against revenue-338.7%bottom 40% of its family
  • research spending against revenue332.7%top 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.4/10

What could actually drive growth from here?

bottom 24% of 306 in its family for growth drivers.

weight 45% of this tense · 24th percentile among 306 sector filers · read for its customers

From the record

Marker Therapeutics, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 0.3% a year over the last three filed years against 59.8% over all 7, slowing (bottom 9% of its family); the newest year grew -46.2% (bottom 17%); research spending grew -0.5% a year (bottom 47%) (its annual reports). Marker Therapeutics, Inc. reported 7 product lines in fiscal 2025: Cancer Prevention and Research Institute of Texas Acute Myeloid Leukemia at $900 thousand (25%), National Institutes of Health Small Business Innovation Research for Lymphoma Grant at $665 thousand (19%), Cprit Pancreatic Grant at $574 thousand (16%), and 4 more; 2 of 6 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-59.4 points a yearbottom 9% of its family
  • the newest year's revenue growth-46.2%bottom 17% of its family
  • three-year growth of research spending-0.5%bottom 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.6/10

Did its newest year beat what its own record pointed to?

bottom 46% of 233 in its family for expectations against reality.

weight 22% of this tense · 46th percentile among 233 sector filers · read for its shareholders

From the record

Marker Therapeutics, Inc.'s newest year against its own record: revenue of $4 million in fiscal 2025 came in 60.7% below the $9 million its prior three years' pace pointed to (bottom 16% of its family); net income of $12 million against a prior three-year average of $16 million (top 44%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 34%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-60.7%bottom 16% of its family
  • net income against the prior three years' average+25%top 44% of its family
  • net margin against its prior average+78.2 pointstop 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton MRKR · research, not advice