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

Metagenomi Therapeutics (MGX) reported Net Income of -$23.1 million for Q1 2026, up 7.91% year-over-year from -$21.4 million in Q1 2025, and down 2.36% quarter-over-quarter from -$22.5 million in Q4 2025.

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

Metagenomi Therapeutics (MGX) has 4 years of Net Income data on file, last reported at -$23.1 million in Q1 2026.

  • Net Income for Q1 2026 came in at -$23.1 million, up 7.91% year-over-year; the trailing twelve-month figure through Mar 2026 was -$85.9 million (down 10.18% YoY), and the FY2025 annual result was -$87.9 million, down 12.57% from the prior year.
  • Net Income slipped to -$23.1 million in Q1 2026 per MGX's latest filing, from -$22.5 million in the prior quarter.
  • Over five years, Net Income peaked at -$10.7 million in Q2 2024 and troughed at -$25.1 million in Q1 2024.
  • A 4-year average of -$19.4 million and a median of -$19.9 million in 2025 frame the typical range for Net Income.
  • On a YoY basis, Net Income climbed as much as 17.44% in 2024 and fell as far as 114.23% in 2024.
  • A 4-year view of Net Income shows it stood at -$19.3 million in 2023, then declined by 21.27% to -$23.4 million in 2024, then grew by 3.72% to -$22.5 million in 2025, then retreated by 2.36% to -$23.1 million in 2026.
  • Business Quant data shows MGX's Net Income at -$23.1 million in Q1 2026, -$22.5 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 Alterity Therapeutics 821,726.73 Bn 821,726.69 Bn - -
2 Belite Bio 57,768.00 Bn 57,768.00 Bn - -26.94 Mn
3 Quantum Biopharma 16,655.88 Bn 16,655.88 Bn - -2.97 Mn
4 Legend Biotech 3,540.00 Bn 3,539.71 Bn 242.10 Mn 30.80 Mn
5 Evaxion A 1,526.26 Bn 1,526.24 Bn - -3.40 Mn
6 Akari Therapeutics 1,520.09 Bn 1,520.09 Bn - -14.46 Mn
7 Psyence Biomedical 223.87 Bn 223.87 Bn - -1.50 Mn
8 Vertex Pharmaceuticals 114.47 Bn 107.23 Bn 2.59 Bn 1.03 Bn
9 Abivax 91.22 Bn 91.22 Bn - -56.48 Mn
10 Metagenomi Therapeutics 42.84 Mn 42.84 Mn - -23.06 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -23.06 Mn
Dec 31, 2025 -22.53 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