Metagenomi Therapeutics MGX
NASDAQ MGX
$1.23 +0.03 (+2.58%)
As of: Aug 21, 2026 · 3:59 PM EDT

Metagenomi Therapeutics (MGX) Net Income (2023 - 2026)

Metagenomi Therapeutics (MGX) posted quarterly Net Income of -$23.1 million for Q1 2026, up 7.91% year-over-year from -$21.4 million in Q1 2025, and down 459.41% quarter-over-quarter from -$4.1 million in Q4 2025.

Metagenomi Therapeutics (MGX) Net Income (2023 - 2026) Analysis & Trends

Metagenomi Therapeutics (MGX) has reported Net Income for 4 consecutive years, with -$23.1 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Net Income rose 7.91% year-over-year to -$23.1 million; the TTM figure through Mar 2026 stood at -$67.5 million (up 13.43% YoY), while the FY2025 annual figure was -$69.5 million, up 11.01% from the prior year.
  • Net Income fell to -$23.1 million in Q1 2026 per MGX's latest filing, from -$4.1 million in the prior quarter.
  • Across five years, Net Income topped out at -$4.1 million in Q4 2025 and bottomed at -$25.1 million in Q1 2024.
  • Historically, Net Income has averaged -$18.0 million across 4 years, with a median of -$19.8 million in 2023.
  • Annual changes were most pronounced in 2024 — Net Income tumbled 114.23% — and 2025, when it jumped 82.38%.
  • Metagenomi Therapeutics' Net Income stood at -$19.3 million in 2023, then fell by 21.27% to -$23.4 million in 2024, then surged by 82.38% to -$4.1 million in 2025, then tumbled by 459.41% to -$23.1 million in 2026.
  • Business Quant data shows MGX's Net Income at -$23.1 million in Q1 2026, -$4.1 million in Q4 2025, and -$20.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Vertex Pharmaceuticals 139.13 Bn 131.28 Bn 2.84 Bn 1.10 Bn
2 Regeneron Pharmaceuticals 85.77 Bn 77.77 Bn 3.93 Bn 1.30 Bn
3 Argenx Se 64.64 Bn 59.46 Bn 1.37 Bn 482.00 Mn
4 Moderna 58.29 Bn 53.16 Bn 52.00 Mn -782.00 Mn
5 BeOne Medicines 41.92 Bn 36.82 Bn 1.53 Bn 237.01 Mn
6 Alnylam Pharmaceuticals 31.58 Bn 28.28 Bn 992.69 Mn 164.49 Mn
7 BioNTech SE 28.12 Bn 9.73 Bn 668.28 Mn -355.03 Mn
8 Insmed 27.39 Bn 26.22 Bn 358.27 Mn -13.27 Mn
9 Royalty Pharma 27.27 Bn 26.43 Bn - 81.49 Mn
10 Metagenomi Therapeutics 46.51 Mn 46.51 Mn - -27.48 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -27.48 Mn
Mar 31, 2026 -23.06 Mn
Dec 31, 2025 -4.12 Mn
Sep 30, 2025 -20.39 Mn
Jun 30, 2025 -19.91 Mn
Mar 31, 2025 -25.04 Mn
Dec 31, 2024 -23.40 Mn
Sep 30, 2024 -18.77 Mn
Jun 30, 2024 -10.74 Mn
Mar 31, 2024 -25.15 Mn
Dec 31, 2023 -19.29 Mn
Sep 30, 2023 -19.82 Mn
Jun 30, 2023 -13.01 Mn
Mar 31, 2023 -11.74 Mn