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Tango Therapeutics

TNGX

Tango Therapeutics is a clinical-stage biotechnology company dedicated to discovering and developing the next generation of precision oncology therapies.

Market cap
$4.35B+537%
Revenue$57.0M+39.0%
Net income-$107.2M+18.9%
Free cash flow-$142.5M-4.9%
EPS (diluted)-$0.84+30.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$1.6M
EPS estimate-$0.31

Financials

Q1 2026

Income statement

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Revenue--100%
Operating income-$48.8M-14.7%
Net income-$45.5M-14.1%
EPS (diluted)-$0.32+11.1%

Balance sheet

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Cash & equivalents$160.0M+162%
Total debt$32.8M-11.3%
Total equity$391.5M+135%
Total assets$435.8M+58.9%

Cash flow

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Operating cash flow-$44.4M-6.4%
CapEx-$2.0K-104%
Free cash flow-$44.4M-6.3%

Valuation & ratios

Valuation

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Market cap$4.35B+537%
Enterprise value$4.22B+490%
P/S76.3×+46.6×

Profitability

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Operating margin-206.2%-61.0pp
Net margin-188.2%-55.4pp
FCF margin-250.1%-49.4pp

Returns & leverage

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Return on equity-38.4%-10.5pp
Debt / equity0.1×-0.1×
Current ratio27.4×+21.1×

Competitors

Profile

Tango Therapeutics is a clinical-stage biotechnology company dedicated to discovering and developing the next generation of precision oncology therapies. The company utilizes a proprietary target discovery platform based on the principle of synthetic lethality to identify and treat cancers with specific genetic alterations. Its core value proposition lies in developing small molecules that selectively kill cancer cells while sparing healthy tissue, addressing high unmet medical needs in defined patient populations.

Competitive position

Tango is a pioneer in synthetic lethality, positioning itself as a developer of potentially best-in-class MTA-cooperative PRMT5 inhibitors and first-in-class CoREST inhibitors.

GeographiesUnited States, Global
Customer segmentsOncology patients, Specialized healthcare providers
Business modelR&D intensive, Licensing and collaborations
SuppliersContract Development and Manufacturing Organizations (CDMOs), Contract Research Organizations (CROs), Specialized chemical and biological material suppliers
CustomersHospitals and oncology clinics, Specialty pharmacies, Biopharmaceutical collaborators
Listed2021
Employees140.0
CEOMalte Peters
FilingsSEC EDGAR

Questions, answered.

What is Tango Therapeutics's market cap?
Tango Therapeutics (TNGX) has a market capitalization of $4.4B and trades on NASDAQ.
What is Tango Therapeutics's revenue and profitability?
Tango Therapeutics generated $57.0M in trailing twelve-month revenue with a net loss of $107.2M, representing a net margin of -188.2%, with free cash flow of -$142.5M. These figures are based on the Q1 2026 filing.
Who are Tango Therapeutics's competitors?
Tango Therapeutics's key competitors include IDEAYA Biosciences, Amgen, Bristol Myers Squibb, and others. These companies compete in similar markets and product categories.
Who does Tango Therapeutics partner with?
Tango Therapeutics's notable partners include Revolution Medicines, Inc., Erasca, Inc., Eli Lilly and Company.
Where is Tango Therapeutics headquartered?
Tango Therapeutics is headquartered in United States of America and employs approximately 140 people. It has been publicly traded since 2021.