Metagenomi Therapeutics (MGX) Non-Current Deffered Revenue (2023 - 2026)
Metagenomi Therapeutics (MGX) posted quarterly Non-Current Deffered Revenue of $1.6 million for Q1 2026, down 62.6% year-over-year from $4.4 million in Q1 2025, and down 45.3% quarter-over-quarter from $3.0 million in Q4 2025.
Metagenomi Therapeutics (MGX) Non-Current Deffered Revenue (2023 - 2026) Analysis & Trends
Metagenomi Therapeutics (MGX) has reported Non-Current Deffered Revenue for 4 consecutive years, with $1.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Non-Current Deffered Revenue fell 62.6% year-over-year to $1.6 million; the TTM figure through Mar 2026 stood at $1.6 million (down 62.6% YoY), while the FY2025 annual figure was $3.0 million, down 70.8% from the prior year.
- Non-Current Deffered Revenue declined to $1.6 million in Q1 2026 per MGX's latest filing, from $3.0 million in the prior quarter.
- Across five years, Non-Current Deffered Revenue topped out at $30.9 million in Q4 2023 and bottomed at $1.6 million in Q1 2026.
- Historically, Non-Current Deffered Revenue has averaged $10.6 million across 4 years, with a median of $7.3 million in 2024.
- Annual changes were most pronounced in 2025 — Non-Current Deffered Revenue sank 84.75% — and 2026, when it sank 62.6%.
- Metagenomi Therapeutics' Non-Current Deffered Revenue stood at $30.9 million in 2023, then plunged by 66.9% to $10.2 million in 2024, then slumped by 70.8% to $3.0 million in 2025, then sank by 45.3% to $1.6 million in 2026.
- Business Quant data shows MGX's Non-Current Deffered Revenue at $1.6 million in Q1 2026, $3.0 million in Q4 2025, and $1.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | - |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 220.40 Mn |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | - |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | 147.00 Mn |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | - |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | - |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | - |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | - |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | - |
| 10 | Metagenomi Therapeutics | 46.51 Mn | 46.51 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.64 Mn |
| Dec 31, 2025 | 2.99 Mn |
| Sep 30, 2025 | 1.90 Mn |
| Jun 30, 2025 | 3.55 Mn |
| Mar 31, 2025 | 4.37 Mn |
| Dec 31, 2024 | 10.24 Mn |
| Sep 30, 2024 | 12.43 Mn |
| Jun 30, 2024 | 17.33 Mn |
| Mar 31, 2024 | 20.31 Mn |
| Dec 31, 2023 | 30.93 Mn |