Metagenomi Therapeutics (MGX) Operating Leases (2023 - 2026)

Metagenomi Therapeutics (MGX) reported Operating Leases of $33.1 million for Q1 2026, down 14.81% year-over-year from $38.8 million in Q1 2025, and down 4.48% quarter-over-quarter from $34.6 million in Q4 2025.

Metagenomi Therapeutics (MGX) Operating Leases (2023 - 2026) Analysis & Trends

Metagenomi Therapeutics (MGX) has 4 years of Operating Leases data on file, last reported at $33.1 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $33.1 million, down 14.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $33.1 million (down 14.81% YoY), and the FY2025 annual result was $34.6 million, down 13.82% from the prior year.
  • Operating Leases eased to $33.1 million in Q1 2026 per MGX's latest filing, from $34.6 million in the prior quarter.
  • Over five years, Operating Leases peaked at $44.8 million in Q4 2023 and troughed at $33.1 million in Q1 2026.
  • A 4-year average of $39.3 million and a median of $39.5 million in 2024 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2024 and 2026: Operating Leases slipped 10.3% in 2024, then slipped 14.81% in 2026.
  • A 4-year view of Operating Leases shows it stood at $44.8 million in 2023, then slipped by 10.3% to $40.2 million in 2024, then dropped by 13.82% to $34.6 million in 2025, then decreased by 4.48% to $33.1 million in 2026.
  • Business Quant data shows MGX's Operating Leases at $33.1 million in Q1 2026, $34.6 million in Q4 2025, and $36.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alterity Therapeutics 821,726.73 Bn 821,726.69 Bn -
2 Belite Bio 57,768.00 Bn 57,768.00 Bn -
3 Quantum Biopharma 16,655.88 Bn 16,655.88 Bn -
4 Legend Biotech 3,540.00 Bn 3,539.71 Bn 242.10 Mn
5 Evaxion A 1,526.26 Bn 1,526.24 Bn -
6 Akari Therapeutics 1,520.09 Bn 1,520.09 Bn -
7 Psyence Biomedical 223.87 Bn 223.87 Bn -
8 Vertex Pharmaceuticals 114.47 Bn 107.23 Bn 2.59 Bn
9 Abivax 91.22 Bn 91.22 Bn -
10 Metagenomi Therapeutics 42.84 Mn 42.84 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 33.08 Mn
Dec 31, 2025 34.63 Mn
Sep 30, 2025 36.09 Mn
Jun 30, 2025 37.48 Mn
Mar 31, 2025 38.83 Mn
Dec 31, 2024 40.19 Mn
Sep 30, 2024 41.38 Mn
Jun 30, 2024 42.55 Mn
Mar 31, 2024 43.68 Mn
Dec 31, 2023 44.80 Mn