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Tango Therapeutics, Inc. (TNGX) 10-Year Financial Performance & Capital Metrics

TNGX • • Industrial / General
HealthcareBiotechnologyOncology TherapeuticsSolid Tumor Oncology
AboutTango Therapeutics, Inc., a biotechnology company, discovers and develops drugs for the treatment of cancer. Its lead program is TNG908, a synthetic lethal small molecule inhibitor of protein arginine methyltransferase 5 that is being developed as a treatment for cancers with methylthioadenosine phosphorylase deletions. The company also develops Ubiquitin-specific protease 1, an inhibitor to treat patients with BRCA1 or BRCA2-mutant cancers; and Target 3 for STK11-mutant cancers. Tango Therapeutics, Inc. has a strategic collaboration with Gilead Sciences, Inc. for the discovery, development, and commercialization of a pipeline of therapies for patients with cancer. The company was founded in 2017 and is based in Cambridge, Massachusetts.Show more
  • Revenue $42M +15.2%
  • EBITDA -$143M -28.0%
  • Net Income -$130M -28.1%
  • EPS (Diluted) -1.19 -10.2%
  • Gross Margin 100%
  • EBITDA Margin -340.15% -11.2%
  • Operating Margin -346.09% -10.7%
  • Net Margin -309.73% -11.2%
  • ROE -57.58% -42.2%
  • ROIC -55.69% -48.4%
  • Debt/Equity 0.18 +18.9%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 97 (top 3%)
  • ✓Strong 5Y sales CAGR of 11.3%

✗Weaknesses

  • ✗Weak Piotroski F-Score: 1/9
  • ✗Negative free cash flow
  • ✗Shares diluted 15.5% in last year
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y11.28%
3Y4.33%
TTM53.28%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM18.54%

EPS CAGR

10Y-
5Y-
3Y-
TTM23.14%

ROCE

10Y Avg-37.62%
5Y Avg-35.01%
3Y Avg-34.42%
Latest-45.86%

Peer Comparison

Solid Tumor Oncology
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Size & Scale
Valuation
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Quality & Returns
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
TLXTelix Pharmaceuticals Limited2.49B7.4553.2155.85%3.98%15.63%0.36%1.02
EXELExelixis, Inc.11.82B44.0825.0518.49%29.63%31.37%5.36%0.09
INBXInhibrx Biosciences, Inc.1.07B73.280.63-88.89%-110.78%-421.09%0.06
NUVBNuvation Bio Inc.2.24B6.55-3.10-8.13%-66.74%0.02
RLAYRelay Therapeutics, Inc.1.38B7.94-3.36-60.83%-26.71%-48.97%0.06
ORICORIC Pharmaceuticals, Inc.987.53M10.14-5.54-33.24%0.01
ZLABZai Lab Limited2.07B18.72-7.2049.59%-46.83%-27.21%0.18
TNGXTango Therapeutics, Inc.1.41B10.44-8.7715.17%-151.15%-62.81%0.18

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+24.65M7.66M37.04M24.86M36.53M42.07M
Revenue Growth %--0.69%3.84%-0.33%0.47%0.15%
Cost of Goods Sold+32.27M1.63M0000
COGS % of Revenue1.31%0.21%----
Gross Profit+-7.63M6.03M37.04M24.86M36.53M42.07M
Gross Margin %-0.31%0.79%1%1%1%1%
Gross Profit Growth %-1.79%5.14%-0.33%0.47%0.15%
Operating Expenses+7.54M58.23M95.23M135.93M150.7M187.66M
OpEx % of Revenue0.31%7.61%2.57%5.47%4.13%4.46%
Selling, General & Admin7.54M8.24M17.6M30.02M35.5M43.75M
SG&A % of Revenue0.31%1.08%0.48%1.21%0.97%1.04%
Research & Development32.27M49.99M77.64M105.91M115.2M143.92M
R&D % of Revenue1.31%6.53%2.1%4.26%3.15%3.42%
Other Operating Expenses-32.27M00000
Operating Income+-15.16M-52.2M-58.19M-111.07M-114.17M-145.59M
Operating Margin %-0.62%-6.82%-1.57%-4.47%-3.13%-3.46%
Operating Income Growth %--2.44%-0.11%-0.91%-0.03%-0.28%
EBITDA+-14.52M-50.58M-57.29M-109.46M-111.76M-143.1M
EBITDA Margin %-0.59%-6.61%-1.55%-4.4%-3.06%-3.4%
EBITDA Growth %--2.48%-0.13%-0.91%-0.02%-0.28%
D&A (Non-Cash Add-back)643K1.63M897K1.61M2.42M2.5M
EBIT-15.16M-51.97M-58.19M-111.07M-114.17M-145.59M
Net Interest Income+684K108K495K1.46M6.62M7.89M
Interest Income684K108K495K1.46M6.62M7.89M
Interest Expense000000
Other Income/Expense1.07M228K247K2.95M12.56M15.5M
Pretax Income+-14.1M-51.97M-57.94M-108.12M-101.61M-130.09M
Pretax Margin %-0.57%-6.79%-1.56%-4.35%-2.78%-3.09%
Income Tax+00292K54K134K208K
Effective Tax Rate %1%1%1.01%1%1%1%
Net Income+-14.1M-51.97M-58.23M-108.18M-101.74M-130.3M
Net Margin %-0.57%-6.79%-1.57%-4.35%-2.79%-3.1%
Net Income Growth %--2.69%-0.12%-0.86%0.06%-0.28%
Net Income (Continuing)-14.1M-51.97M-58.23M-108.18M-101.74M-130.3M
Discontinued Operations000000
Minority Interest000000
EPS (Diluted)+-1.57-1.62-0.94-1.23-1.08-1.19
EPS Growth %--0.03%0.42%-0.31%0.12%-0.1%
EPS (Basic)-1.57-1.62-0.94-1.23-1.08-1.19
Diluted Shares Outstanding8.99M31.93M62.11M87.82M94.57M109.23M
Basic Shares Outstanding8.99M31.93M62.11M87.82M94.57M109.23M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+41.66M193.63M492.34M375.27M346.54M266.34M
Cash & Short-Term Investments40.42M190.32M485.25M366.13M336.88M257.92M
Cash Only22.89M28.38M142.75M59.97M66.39M69.53M
Short-Term Investments17.54M161.94M342.51M306.17M270.5M188.39M
Accounts Receivable02M2M2M00
Days Sales Outstanding-95.3519.7129.36--
Inventory000000
Days Inventory Outstanding------
Other Current Assets00567K7.14M9.65M8.43M
Total Non-Current Assets+14.11M13.62M7.82M61.2M56.03M50.15M
Property, Plant & Equipment11.83M11.3M6.09M57.77M53.42M47.58M
Fixed Asset Turnover2.08x0.68x6.09x0.43x0.68x0.88x
Goodwill000000
Intangible Assets000000
Long-Term Investments000000
Other Non-Current Assets2.28M2.32M1.73M3.43M2.61M2.57M
Total Assets+55.76M207.25M500.15M436.47M402.57M316.49M
Asset Turnover0.44x0.04x0.07x0.06x0.09x0.13x
Asset Growth %-2.72%1.41%-0.13%-0.08%-0.21%
Total Current Liabilities+25.85M40.92M40.69M55.55M45.94M38.17M
Accounts Payable670K1.84M3.23M4.45M2.79M1.6M
Days Payables Outstanding7.58413.52----
Short-Term Debt000000
Deferred Revenue (Current)01000K1000K1000K1000K1000K
Other Current Liabilities19.93M793K666K1.27M7.49M1.74M
Current Ratio1.61x4.73x12.10x6.76x7.54x6.98x
Quick Ratio1.61x4.73x12.10x6.76x7.54x6.98x
Cash Conversion Cycle------
Total Non-Current Liabilities+22.01M127.73M114.72M131.45M103.52M78.81M
Long-Term Debt000000
Capital Lease Obligations7.88M6.92M039.36M36.84M34.04M
Deferred Tax Liabilities000000
Other Non-Current Liabilities14.12M5K0000
Total Liabilities47.86M168.65M155.41M186.99M149.46M116.97M
Total Debt+8.54M7.88M1.5M41.13M38.92M36.49M
Net Debt-14.35M-20.5M-141.24M-18.84M-27.46M-33.04M
Debt / Equity1.08x0.20x0.00x0.16x0.15x0.18x
Debt / EBITDA------
Net Debt / EBITDA------
Interest Coverage------
Total Equity+7.91M38.6M344.75M249.48M253.11M199.52M
Equity Growth %-3.88%7.93%-0.28%0.01%-0.21%
Book Value per Share0.881.215.552.842.681.83
Total Shareholders' Equity7.91M38.6M344.75M249.48M253.11M199.52M
Common Stock13K40K88K88K102K108K
Retained Earnings-51.13M-103.1M-161.34M-269.51M-371.26M-501.56M
Treasury Stock000000
Accumulated OCI10K17K-765K-3.71M186K336K
Minority Interest000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-24.8M70.07M-59.53M-109.08M-117.98M-131.5M
Operating CF Margin %-1.01%9.15%-1.61%-4.39%-3.23%-3.13%
Operating CF Growth %-3.83%-1.85%-0.83%-0.08%-0.11%
Net Income-14.1M-51.97M-58.23M-108.18M-101.74M-130.3M
Depreciation & Amortization643K718K897K1.61M2.42M2.5M
Stock-Based Compensation1.69M1.76M7.83M14.23M19.08M28.9M
Deferred Taxes000000
Other Non-Cash Items-14.74M890K1.32M1.75M234K-849K
Working Capital Changes1.7M118.67M-11.35M-18.49M-37.97M-31.75M
Change in Receivables0-2M002M0
Change in Inventory000000
Change in Payables01.17M1.23M1.1M-1.71M-1.18M
Cash from Investing+848K-145.47M-183.43M26.4M41.43M86.13M
Capital Expenditures-1.82M-1.11M-1.84M-7.69M-1.53M-754K
CapEx % of Revenue0.07%0.14%0.05%0.31%0.04%0.02%
Acquisitions------
Investments------
Other Investing2.67M-40K0000
Cash from Financing+11M80.88M357.32M1.61M82.41M47.66M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid000000
Share Repurchases------
Other Financing11M40K-14.78M1.61M2.39M5.94M
Net Change in Cash------
Free Cash Flow+-26.62M68.97M-61.36M-116.77M-119.51M-132.25M
FCF Margin %-1.08%9.01%-1.66%-4.7%-3.27%-3.14%
FCF Growth %-3.59%-1.89%-0.9%-0.02%-0.11%
FCF per Share-2.962.16-0.99-1.33-1.26-1.21
FCF Conversion (FCF/Net Income)1.76x-1.35x1.02x1.01x1.16x1.01x
Interest Paid000000
Taxes Paid000000

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)-178.3%-223.51%-30.38%-36.41%-40.49%-57.58%
Return on Invested Capital (ROIC)--671.64%-39.39%-38.38%-37.53%-55.69%
Gross Margin-30.93%78.77%100%100%100%100%
Net Margin-57.18%-678.84%-157.21%-435.14%-278.54%-309.73%
Debt / Equity1.08x0.20x0.00x0.16x0.15x0.18x
FCF Conversion1.76x-1.35x1.02x1.01x1.16x1.01x
Revenue Growth--68.94%383.83%-32.89%46.93%15.17%

Revenue by Segment

2021202220232024
Collaboration Revenue26.04M24.86M31.53M29.97M
Collaboration Revenue Growth--4.54%26.82%-4.94%
License Revenue11M-5M12.1M
License Revenue Growth---142.00%

Frequently Asked Questions

Growth & Financials

Tango Therapeutics, Inc. (TNGX) reported $66.5M in revenue for fiscal year 2024. This represents a 170% increase from $24.6M in 2019.

Tango Therapeutics, Inc. (TNGX) grew revenue by 15.2% over the past year. This is strong growth.

Tango Therapeutics, Inc. (TNGX) reported a net loss of $100.5M for fiscal year 2024.

Dividend & Returns

Tango Therapeutics, Inc. (TNGX) has a return on equity (ROE) of -57.6%. Negative ROE indicates the company is unprofitable.

Tango Therapeutics, Inc. (TNGX) had negative free cash flow of $146.8M in fiscal year 2024, likely due to heavy capital investments.

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