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Tango Therapeutics TNGX TNG908Direct 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%
TNG456Direct Program Expenses-RD
$2.06M+55.8%
TNG260Direct Program Expenses-RD
$2.01M+16.1%
Discovery Direct Program Expenses-RD
$1.87M-60.0%
TNG961Direct Program Expenses-RD
$408K-81.6%

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$5.52M-9.2%
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$849K+65.2%

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:ResearchAndDevelopmentExpense.

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 itemOncology Segment / Three Months Ended March 31, 2026Oncology Segment / Three Months Ended March 31, 2025
TNG456 direct program expenses - R&D2,0631,324
TNG260 direct program expenses - R&D2,0091,730
TNG961 direct program expenses - R&D4082,221
TNG908 direct program expenses* - R&D5811,712
Discovery direct program expenses - R&D1,8724,679
Personnel-related expenses - R&D12,93113,850
Facilities and other related expenses - R&D4,3385,465
Other segment expenses (a)11,9808,826

Item 1. Financial Statements.

FAQ

What is Tango Therapeutics's tng908direct program expenses-rd — research and development expense?
Tango Therapeutics (TNGX) reported tng908direct program expenses-rd — research and development expense of $581K in Q1 2026.
How has Tango Therapeutics's tng908direct program expenses-rd — research and development expense changed year-over-year?
Tango Therapeutics's tng908direct program expenses-rd — research and development expense decreased by 66.1% year-over-year, from $1.71M to $581K.
What is the long-term trend for Tango Therapeutics's tng908direct program expenses-rd — research and development expense?
Over 3 years (2022 to 2025), Tango Therapeutics's tng908direct program expenses-rd — research and development expense has grown at a -26.8% compound annual growth rate (CAGR), from $12.82M to $5.03M.
What does tng908direct program expenses-rd — research and development expense mean?
This metric represents the direct research and development expenditures specifically allocated to the TNG908 clinical program. It captures the costs associated with preclinical studies, clinical trial execution, and manufacturing development for this specific precision oncology asset. Tracking these expenses allows investors to evaluate the capital intensity and progress of the company's lead therapeutic candidates.

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