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| Date | Value |
|---|---|
| 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 |