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Tango Therapeutics TNGX Operating margin

Operating margin at other companies

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28.4%+6.6pp
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34.9%+6.3pp
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ExelixisEXEL
39.4%+6.3pp
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CG OncologyCGON
-4,239%-1,872pp
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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$4.55B+1,915%
Enterprise value$4.43B+2,204%
P/S79.9×+74.4×

Profitability

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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

Calculated from Tango Therapeutics’s reported figures.

Based on trailing twelve months.

The official record: Tango Therapeutics’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tango Therapeutics's operating margin?
Tango Therapeutics (TNGX) reported operating margin of -206.2% in Q1 2026.
How has Tango Therapeutics's operating margin changed year-over-year?
Tango Therapeutics's operating margin increased by 42.1% year-over-year, from -355.9% to -206.2%.
What is the long-term trend for Tango Therapeutics's operating margin?
Over 4 years (2021 to 2025), Tango Therapeutics's operating margin has grown at a 3.2% compound annual growth rate (CAGR), from -157.1% to -178.4%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.