Metagenomi Therapeutics MGX
NASDAQ MGX
$1.15 -0.01 (-0.86%)
At close: Sep 9, 2026 · 4:00 PM EDT

Metagenomi Therapeutics (MGX) Research & Development (2023 - 2026)

Metagenomi Therapeutics' (MGX) quarterly Research & Development came in at $22.5 million in Q2 2026, little changed year-over-year from $22.5 million in Q2 2025, and up 16.64% quarter-over-quarter from $19.3 million in Q1 2026.

Analysis

Metagenomi Therapeutics (MGX) Research & Development (2023 - 2026) Analysis & Trends

Metagenomi Therapeutics (MGX) has reported Research & Development for 4 consecutive years, with $22.5 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development changed 0.02% year-over-year to $22.5 million in Q2 2026; TTM through Jun 2026 was $88.6 million, a 8.73% decrease from a year earlier, with the FY2025 full-year figure at $94.4 million, down 13.51% from the prior year.
  • Research & Development was $22.5 million for Q2 2026 at Metagenomi Therapeutics, up from $19.3 million in the prior quarter.
  • Over five years, Research & Development peaked at $31.4 million in Q1 2024 and troughed at $19.3 million in Q1 2026.
  • A 4-year average of $24.3 million and a median of $24.0 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development surged 56.18% in 2024 and fell 23.24% in 2026, its largest moves.
  • Over 4 years, Research & Development stood at $24.8 million in 2023, then declined by 6.43% to $23.2 million in 2024, then declined by 7.18% to $21.5 million in 2025, then advanced by 4.7% to $22.5 million in 2026.
  • The last three Research & Development figures came in at $22.5 million (Q2 2026), $19.3 million (Q1 2026), and $21.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Krystal Biotech 10.60 Bn 9.76 Bn 112.79 Mn 14.52 Mn
2 CRISPR Therapeutics AG 5.39 Bn 5.39 Bn - 67.15 Mn
3 Iovance Biotherapeutics 3.98 Bn 3.68 Bn 55.72 Mn 58.85 Mn
4 Legend Biotech 3.97 Bn 3.00 Bn 251.50 Mn -96.00 Mn
5 uniQure 3.09 Bn 3.09 Bn 5.49 Mn 33.96 Mn
6 Beam Therapeutics 3.06 Bn 3.06 Bn - 95.10 Mn
7 Precigen 2.54 Bn 2.54 Bn 52.17 Mn 7.28 Mn
8 Sarepta Therapeutics 2.38 Bn 1.58 Bn 251.87 Mn 91.26 Mn
9 Vericel 2.06 Bn 1.89 Bn 56.40 Mn 7.49 Mn
10 Metagenomi Therapeutics 44.20 Mn 44.20 Mn - 22.51 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.51 Mn
Mar 31, 2026 19.30 Mn
Dec 31, 2025 21.50 Mn
Sep 30, 2025 25.28 Mn
Jun 30, 2025 22.51 Mn
Mar 31, 2025 25.14 Mn
Dec 31, 2024 23.16 Mn
Sep 30, 2024 26.26 Mn
Jun 30, 2024 28.32 Mn
Mar 31, 2024 31.44 Mn
Dec 31, 2023 24.76 Mn
Sep 30, 2023 26.84 Mn
Jun 30, 2023 22.68 Mn
Mar 31, 2023 20.13 Mn