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Other financials

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

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Market cap$4.72B+570%
Enterprise value$4.59B+558%
P/S82.9×+53.9×

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×

Where this comes from

Reported directly by Tango Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The source filing: Tango Therapeutics’s 10-Q, filed May 13, 2026.

Filed
May 13, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-221656
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Cash flows from operating activities
Net loss$(45,514)$(39,876)
Adjustments to reconcile net loss to net cash from operating activities:
Depreciation463622
Noncash operating lease expense9721,012
Stock-based compensation10,7977,255
Accretion on marketable securities(1,124)(638)
Other, net21(56)

Item 1. Financial Statements.

FAQ

What is Tango Therapeutics's D&A?
Tango Therapeutics (TNGX) reported D&A of $463K in Q1 2026.
How has Tango Therapeutics's D&A changed year-over-year?
Tango Therapeutics's D&A decreased by 25.6% year-over-year, from $622K to $463K.
What is the long-term trend for Tango Therapeutics's D&A?
Over 4 years (2021 to 2025), Tango Therapeutics's D&A has grown at a 27.2% compound annual growth rate (CAGR), from $872K to $2.28M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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