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Tango Therapeutics TNGX TNG456Direct Program Expenses-RD — Research And Development Expense

Other segment segments

Personnel-Related Expenses-RD
$12.93M-6.6%
Vopimetostat Direct Program Expenses-RD
$9.33M+70.9%
Facilities And Other Related Expenses-RD
$4.34M-20.6%
TNG260Direct Program Expenses-RD
$2.01M+16.1%
Discovery Direct Program Expenses-RD
$1.87M-60.0%
TNG908Direct Program Expenses-RD
$581K-66.1%
TNG961Direct Program Expenses-RD
$408K-81.6%

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$36K-96.8%
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NUVLDiscovery Programs — Direct Expenses Related To Program
$2.8M+31.4%
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SRRKEarly Research — Research And Development Expense
$1.21M-16.8%
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NUVLNeladalkib — Direct Expenses Related To Program
$26.32M-6.0%
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AXSMR&D
$52.68M+17.6%

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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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:ResearchAndDevelopmentExpense.

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 tng456direct program expenses-rd — research and development expense?
Tango Therapeutics (TNGX) reported tng456direct program expenses-rd — research and development expense of $2.06M in Q1 2026.
How has Tango Therapeutics's tng456direct program expenses-rd — research and development expense changed year-over-year?
Tango Therapeutics's tng456direct program expenses-rd — research and development expense increased by 55.8% year-over-year, from $1.32M to $2.06M.
What does tng456direct program expenses-rd — research and development expense mean?
This metric represents the direct research and development costs specifically allocated to the TNG456 clinical or preclinical program. It captures the internal and external expenditures required to advance this specific oncology asset through its development lifecycle, including laboratory testing, clinical trial execution, and regulatory preparation. Tracking this expense allows investors to assess the capital intensity and investment priority of this particular drug candidate within the company's broader precision medicine pipeline.