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TNGXTango Therapeutics, Inc.
$27.97$3.2B
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TNGX logoTango Therapeutics, Inc.(TNGX)Earnings, Financials & Key Ratios

TNGX•NASDAQ
Price updated Jun 19, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryOncology Therapeutics Developers
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$62M+48.3%
  • EBITDA-$109M+23.8%
  • Net Income-$102M+22.0%
  • EPS (Diluted)-0.87+26.9%
  • Gross Margin96.34%-3.7%
  • EBITDA Margin-174.74%+48.6%
  • Operating Margin-178.39%+48.5%
  • Net Margin-162.85%+47.4%
  • ROE-37.23%+35.3%

TNGX Key Insights

Tango Therapeutics, Inc. (TNGX) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Momentum leader: RS Rating 97 (top 3%)
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 52.1%

✗Weaknesses

  • ✗Profits declining 14.3% over 5 years
  • ✗Negative free cash flow
  • ✗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.

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TNGX Price & Volume

Tango Therapeutics, Inc. (TNGX) stock price & volume — 10-year historical chart

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TNGX Growth Metrics

Tango Therapeutics, Inc. (TNGX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years52.13%
3 Years35.89%
TTM39.04%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM18.93%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM31.41%

Return on Capital

10 Years-37.1%
5 Years-31.16%
3 Years-36.93%
Last Year-33.96%

TNGX Recent Earnings

Tango Therapeutics, Inc. (TNGX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 5/12 qtrs (50%)
Q2 2026Latest
May 13, 2026
Metric
Actual
Est
EPS
$0.32-2.0%
$0.31
Rev
—
$578,091
Q2 2026
Mar 5, 2026
Metric
Actual
Est
EPS
$0.29+6.5%
$0.31
Rev
—
$500,400
Q4 2025
Nov 4, 2025
Metric
Actual
Est
EPS
$0.13+1200.0%
$0.01
Rev
$54M+9578.2%
$556,000
Q3 2025
Aug 5, 2025
Metric
Actual
Est
EPS
$0.35+0.0%
$0.35
Rev
$3M-50.3%
$6M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 13, 2026
$0.32vs $0.31-2.0%
—vs $578,091
Q2 2026Mar 5, 2026
$0.29vs $0.31+6.5%
—vs $500,400
Q4 2025Nov 4, 2025
$0.13vs $0.01+1200.0%
$54Mvs $556,000+9578.2%
Q3 2025Aug 5, 2025
$0.35vs $0.35+0.0%
$3Mvs $6M-50.3%
Based on last 12 quarters of dataView full earnings history →

TNGX Peer Comparison

Tango Therapeutics, Inc. (TNGX) competitors in Oncology Therapeutics Developers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
RVMD logoRVMDRevolution Medicines, Inc.Direct Competitor34.65B162.99-27.39-83.22%0.10
KYMR logoKYMRKymera Therapeutics, Inc.Direct Competitor7.38B90.43-24.51-16.72%-6.12%-25.02%0.05
PRAX logoPRAXPraxis Precision Medicines, Inc.Direct Competitor8.15B282.31-20.94-100%-43.02%0.00
AUPH logoAUPHAurinia Pharmaceuticals Inc.Product Competitor2.12B16.467.9520.38%99.97%64.48%0.13
PMVP logoPMVPPMV Pharmaceuticals, Inc.Product Competitor60.26M1.13-0.76-68.98%0.01
ARQT logoARQTArcutis Biotherapeutics, Inc.Product Competitor3.28B26.21-201.6291.34%-0.57%-1.41%0.03
NUVL logoNUVLNuvalent, Inc.Product Competitor9.08B123.43-21.10-42.78%
TYRA logoTYRATyra Biosciences, Inc.Product Competitor1.68B28.32-14.09-42.66%0.02

Compare TNGX vs Peers

Tango Therapeutics, Inc. (TNGX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs RVMD

Most directly comparable listed peer for TNGX.

Scale Benchmark

vs MRK

Larger-name benchmark to compare TNGX against a more recognizable public peer.

Peer Set

Compare Top 5

vs RVMD, KYMR, PRAX, AUPH

TNGX Income Statement

Tango Therapeutics, Inc. (TNGX) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue
24.65M7.66M37.04M24.86M36.53M42.07M62.38M56.99M
Revenue Growth %
--68.94%383.83%-32.89%46.93%15.17%48.29%39.04%
Cost of Goods Sold
32.27M1.63M00002.28M1.57M
COGS % of Revenue
130.93%21.23%----3.66%-
Gross Profit
-7.63M▲ 0%
6.03M▲ 179.1%
37.04M▲ 514.2%
24.86M▼ 32.9%
36.53M▲ 46.9%
42.07M▲ 15.2%
60.1M▲ 42.9%
55.42M▲ 0%
Gross Margin %
-30.93%78.77%100%100%100%100%96.34%97.25%
Gross Profit Growth %
-179.1%514.19%-32.89%46.93%15.17%42.87%-
Operating Expenses
7.54M58.23M95.23M135.93M150.7M187.66M171.39M172.95M
OpEx % of Revenue
30.58%760.59%257.09%546.79%412.57%446.09%274.74%-
Selling, General & Admin
7.54M8.24M17.6M30.02M35.5M43.75M41.51M45.26M
SG&A % of Revenue
30.58%107.63%47.5%120.78%97.19%103.99%66.54%-
Research & Development
32.27M49.99M77.64M105.91M115.2M143.92M132.16M129.35M
R&D % of Revenue
130.93%652.97%209.59%426.01%315.38%342.1%211.86%-
Other Operating Expenses
-32.27M00000-2.28M-1000K
Operating Income
-15.16M▲ 0%
-52.2M▼ 244.3%
-58.19M▼ 11.5%
-111.07M▼ 90.9%
-114.17M▼ 2.8%
-145.59M▼ 27.5%
-111.29M▲ 23.6%
-117.53M▲ 0%
Operating Margin %
-61.51%-681.82%-157.09%-446.79%-312.57%-346.09%-178.39%-206.22%
Operating Income Growth %
--244.28%-11.48%-90.88%-2.79%-27.52%23.56%-
EBITDA
-14.52M-50.58M-57.29M-109.46M-111.76M-143.1M-109.01M-115.41M
EBITDA Margin %
-58.9%-660.59%-154.67%-440.32%-305.96%-340.15%-174.74%-202.5%
EBITDA Growth %
--248.34%-13.28%-91.06%-2.1%-28.04%23.82%19.51%
D&A (Non-Cash Add-back)
643K1.63M897K1.61M2.42M2.5M2.28M2.12M
EBIT
-15.16M-51.97M-58.19M-111.07M-114.17M-145.59M-111.29M-115.38M
Net Interest Income
684K108K495K1.46M6.62M7.89M5.63M6.19M
Interest Income
684K108K495K1.46M6.62M7.89M5.63M6.19M
Interest Expense
00000000
Other Income/Expense
1.07M228K247K2.95M12.56M15.5M9.7M10.27M
Pretax Income
-14.1M▲ 0%
-51.97M▼ 268.7%
-57.94M▼ 11.5%
-108.12M▼ 86.6%
-101.61M▲ 6.0%
-130.09M▼ 28.0%
-101.59M▲ 21.9%
-107.26M▲ 0%
Pretax Margin %
-57.18%-678.84%-156.43%-434.92%-278.18%-309.24%-162.85%-188.2%
Income Tax
00292K54K134K208K4K-29K
Effective Tax Rate %
0%0%-0.5%-0.05%-0.13%-0.16%-0%0.03%
Net Income
-14.1M▲ 0%
-51.97M▼ 268.7%
-58.23M▼ 12.1%
-108.18M▼ 85.8%
-101.74M▲ 5.9%
-130.3M▼ 28.1%
-101.59M▲ 22.0%
-107.23M▲ 0%
Net Margin %
-57.18%-678.84%-157.21%-435.14%-278.54%-309.73%-162.85%-188.15%
Net Income Growth %
--268.73%-12.05%-85.76%5.95%-28.07%22.03%18.93%
Net Income (Continuing)
-14.1M-51.97M-58.23M-108.18M-101.74M-130.3M-101.59M-107.23M
Discontinued Operations
00000000
Minority Interest
00000000
EPS (Diluted)
-1.57▲ 0%
-1.62▼ 3.2%
-0.94▲ 42.0%
-1.23▼ 30.9%
-1.08▲ 12.2%
-1.19▼ 10.2%
-0.87▲ 26.9%
-0.75▲ 0%
EPS Growth %
--3.18%41.98%-30.85%12.2%-10.19%26.89%31.41%
EPS (Basic)
-1.57-1.62-0.94-1.23-1.08-1.19-0.87-
Diluted Shares Outstanding
87.47M87.47M62.11M87.82M94.57M109.23M116.17M143.58M
Basic Shares Outstanding
87.47M87.47M62.11M87.82M94.57M109.23M116.17M143.58M
Dividend Payout Ratio
--------

TNGX Balance Sheet

Tango Therapeutics, Inc. (TNGX) balance sheet — assets, liabilities & shareholders' equity

MetricDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets
41.66M193.63M492.34M375.27M346.54M266.34M353.76M392.33M
Cash & Short-Term Investments
40.42M190.32M485.25M366.13M336.88M257.92M343.14M379.84M
Cash Only
22.89M28.38M142.75M59.97M66.39M69.53M112.28M157.83M
Short-Term Investments
17.54M161.94M342.51M306.17M270.5M188.39M230.86M222.01M
Accounts Receivable
02M2M2M0000
Days Sales Outstanding
-95.3519.7129.36----
Inventory
00000000
Days Inventory Outstanding
--------
Other Current Assets
00567K7.14M9.65M8.43M10.62M12.49M
Total Non-Current Assets
14.11M13.62M7.82M61.2M56.03M50.15M44.93M43.47M
Property, Plant & Equipment
11.83M11.3M6.09M57.77M53.42M47.58M42.49M41.03M
Fixed Asset Turnover
2.08x0.68x6.09x0.43x0.68x0.88x1.47x1.32x
Goodwill
00000000
Intangible Assets
00000000
Long-Term Investments
00000000
Other Non-Current Assets
2.28M2.32M1.73M3.43M2.61M2.57M2.44M2.43M
Total Assets
55.76M▲ 0%
207.25M▲ 271.7%
500.15M▲ 141.3%
436.47M▼ 12.7%
402.57M▼ 7.8%
316.49M▼ 21.4%
398.69M▲ 26.0%
435.79M▲ 0%
Asset Turnover
0.44x0.04x0.07x0.06x0.09x0.13x0.16x0.18x
Asset Growth %
-271.66%141.33%-12.73%-7.77%-21.38%25.97%6.83%
Total Current Liabilities
25.85M40.92M40.69M55.55M45.94M38.17M21.68M14.33M
Accounts Payable
670K1.84M3.23M4.45M2.79M1.6M1.18M2.43M
Days Payables Outstanding
7.58413.52----189.14491.95
Short-Term Debt
0000002.74M2.83M
Deferred Revenue (Current)
031.98M26.02M31.79M25.67M17.62M023.37M
Other Current Liabilities
19.93M793K666K1.27M7.49M1.74M17.76M9.07M
Current Ratio
1.61x4.73x12.10x6.76x7.54x6.98x16.32x27.38x
Quick Ratio
1.61x4.73x12.10x6.76x7.54x6.98x16.32x27.38x
Cash Conversion Cycle
--------
Total Non-Current Liabilities
22.01M127.73M114.72M131.45M103.52M78.81M30.83M29.96M
Long-Term Debt
00000030.83M29.96M
Capital Lease Obligations
7.88M6.92M039.36M36.84M34.04M094.97M
Deferred Tax Liabilities
00000000
Other Non-Current Liabilities
14.12M5K000000
Total Liabilities
47.86M168.65M155.41M186.99M149.46M116.97M52.51M44.29M
Total Debt
8.54M7.88M1.5M41.13M38.92M36.49M33.57M32.79M
Net Debt
-14.35M-20.5M-141.24M-18.84M-27.46M-33.04M-78.71M-125.04M
Debt / Equity
1.08x0.20x0.00x0.16x0.15x0.18x0.10x0.08x
Debt / EBITDA
--------0.28x
Net Debt / EBITDA
-------1.08x
Interest Coverage
--------
Total Equity
7.91M▲ 0%
38.6M▲ 388.3%
344.75M▲ 793.1%
249.48M▼ 27.6%
253.11M▲ 1.5%
199.52M▼ 21.2%
346.18M▲ 73.5%
391.51M▲ 0%
Equity Growth %
-388.3%793.13%-27.63%1.46%-21.17%73.51%132.61%
Book Value per Share
0.090.445.552.842.681.832.982.73
Total Shareholders' Equity
7.91M38.6M344.75M249.48M253.11M199.52M346.18M391.51M
Common Stock
13K40K88K88K102K108K136K144K
Retained Earnings
-51.13M-103.1M-161.34M-269.51M-371.26M-501.56M-603.15M-648.67M
Treasury Stock
00000000
Accumulated OCI
10K17K-765K-3.71M186K336K224K-115K
Minority Interest
00000000

TNGX Cash Flow Statement

Tango Therapeutics, Inc. (TNGX) cash flow — operating, investing & free cash flow history

MetricDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
-24.8M70.07M-59.53M-109.08M-117.98M-131.5M-138.89M-141.55M
Operating CF Margin %
-100.62%915.28%-160.7%-438.78%-323%-312.58%-222.63%-
Operating CF Growth %
-382.52%-184.95%-83.24%-8.16%-11.46%-5.62%-34.87%
Net Income
-14.1M-51.97M-58.23M-108.18M-101.74M-130.3M-101.59M-107.23M
Depreciation & Amortization
643K718K897K1.61M2.42M2.5M2.28M2.12M
Stock-Based Compensation
1.69M1.76M7.83M14.23M19.08M28.9M26.43M29.97M
Deferred Taxes
00000000
Other Non-Cash Items
-14.74M890K1.32M1.75M234K-849K1.2M815K
Working Capital Changes
1.7M118.67M-11.35M-18.49M-37.97M-31.75M-67.2M-67.23M
Change in Receivables
0-2M002M000
Change in Inventory
00000000
Change in Payables
01.17M1.23M1.1M-1.71M-1.18M-825K-670K
Cash from Investing
848K-145.47M-183.43M26.4M41.43M86.13M-40.87M-61.83M
Capital Expenditures
-1.82M-1.11M-1.84M-7.69M-1.53M-754K-1.05M-999K
CapEx % of Revenue
7.37%14.45%4.96%30.94%4.18%1.79%1.68%1.75%
Acquisitions
00000000
Investments
--------
Other Investing
2.67M-40K000000
Cash from Financing
11M80.88M357.32M1.61M82.41M47.66M222.5M302.34M
Debt Issued (Net)
00342.11M00000
Equity Issued (Net)
080.84M29.99M080.02M41.72M222.54M302.92M
Dividends Paid
00000000
Share Repurchases
00000000
Other Financing
11M40K-14.78M1.61M2.39M5.94M-36K-573K
Net Change in Cash
25.17M▲ 0%
5.49M▼ 78.2%
114.36M▲ 1982.4%
-81.07M▼ 170.9%
5.85M▲ 107.2%
2.29M▼ 60.9%
42.75M▲ 1767.6%
98.97M▲ 0%
Free Cash Flow
-26.62M▲ 0%
68.97M▲ 359.1%
-61.36M▼ 189.0%
-116.77M▼ 90.3%
-119.51M▼ 2.3%
-132.25M▼ 10.7%
-139.93M▼ 5.8%
-142.54M▲ 0%
FCF Margin %
-108%900.84%-165.66%-469.72%-327.18%-314.38%-224.31%-250.11%
FCF Growth %
-359.08%-188.97%-90.29%-2.34%-10.67%-5.81%-4.85%
FCF per Share
-0.300.79-0.99-1.33-1.26-1.21-1.20-0.99
FCF Conversion (FCF/Net Income)
1.76x-1.35x1.02x1.01x1.16x1.01x1.37x1.33x
Interest Paid
00000000
Taxes Paid
00000000

TNGX Key Ratios

Tango Therapeutics, Inc. (TNGX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric202020212022202320242025TTM
Return on Equity (ROE)
-223.51%-30.38%-36.41%-40.49%-57.58%-37.23%-41.54%
Return on Invested Capital (ROIC)
-671.64%-39.39%-38.38%-37.53%-55.69%-38.47%-44.01%
Gross Margin
78.77%100%100%100%100%96.34%97.25%
Net Margin
-678.84%-157.21%-435.14%-278.54%-309.73%-162.85%-188.15%
Debt / Equity
0.20x0.00x0.16x0.15x0.18x0.10x0.08x
FCF Conversion
-1.35x1.02x1.01x1.16x1.01x1.37x1.33x
Revenue Growth
-68.94%383.83%-32.89%46.93%15.17%48.29%39.04%
Related:TNGX Dividend History·TNGX Revenue History·TNGX Price History·TNGX P/E History·TNGX Financial Ratios·TNGX Institutional Holders

TNGX SEC Filings & Documents

Tango Therapeutics, Inc. (TNGX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 13, 2026·SEC

Material company update

May 8, 2026·SEC

Material company update

Apr 15, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 5, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Mar 18, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 13, 2026·SEC

FY 2025

Nov 4, 2025·SEC

FY 2025

Aug 5, 2025·SEC

TNGX Frequently Asked Questions

Tango Therapeutics, Inc. (TNGX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Tango Therapeutics, Inc. (TNGX) reported $57.0M in revenue for fiscal year 2025. This represents a 131% increase from $24.6M in 2019.

Tango Therapeutics, Inc. (TNGX) grew revenue by 48.3% over the past year. This is strong growth.

Tango Therapeutics, Inc. (TNGX) reported a net loss of $107.2M for fiscal year 2025.

Dividend & Returns

Tango Therapeutics, Inc. (TNGX) has a return on equity (ROE) of -37.2%. Negative ROE indicates the company is unprofitable.

Tango Therapeutics, Inc. (TNGX) had negative free cash flow of $142.5M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in TNGX back in 2019?

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