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Tango Therapeutics TNGX Operating Income

Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue--100%
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:OperatingIncomeLoss.

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
Research and development33,53436,442
General and administrative15,23511,480
Total operating expenses48,76947,922
Loss from operations(48,769)(42,530)
Other income:
Interest income2,1771,614
Other income, net1,0791,074
Total other income, net3,2562,688

Item 1. Financial Statements.

FAQ

What is Tango Therapeutics's operating income?
Tango Therapeutics (TNGX) reported operating income of -$48.77M in Q1 2026.
How has Tango Therapeutics's operating income changed year-over-year?
Tango Therapeutics's operating income decreased by 14.7% year-over-year, from -$42.53M to -$48.77M.
What is the long-term trend for Tango Therapeutics's operating income?
Over 4 years (2021 to 2025), Tango Therapeutics's operating income has grown at a 17.6% compound annual growth rate (CAGR), from -$58.19M to -$111.29M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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