Metagenomi Therapeutics (MGX) Revenue (2023 - 2026)
Metagenomi Therapeutics (MGX) reported Revenue of $1.2 million for Q1 2026, down 69.76% year-over-year from $4.1 million in Q1 2025, and down 68.09% quarter-over-quarter from $3.9 million in Q4 2025.
Metagenomi Therapeutics (MGX) Revenue (2023 - 2026) Analysis & Trends
Metagenomi Therapeutics (MGX) has 4 years of Revenue data on file, last reported at $1.2 million in Q1 2026.
- Revenue for Q1 2026 came in at $1.2 million, down 69.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $22.3 million (down 50.66% YoY), and the FY2025 annual result was $25.2 million, down 51.79% from the prior year.
- Revenue slipped to $1.2 million in Q1 2026 per MGX's latest filing, from $3.9 million in the prior quarter.
- Over five years, Revenue peaked at $20.0 million in Q2 2024 and troughed at $1.2 million in Q1 2026.
- A 4-year average of $9.5 million and a median of $9.6 million in 2024 frame the typical range for Revenue.
- The sharpest annual moves came in 2024 and 2026: Revenue soared 76.48% in 2024, then slumped 69.76% in 2026.
- A 4-year view of Revenue shows it stood at $12.4 million in 2023, then fell by 22.46% to $9.6 million in 2024, then slumped by 59.32% to $3.9 million in 2025, then slumped by 68.09% to $1.2 million in 2026.
- Business Quant data shows MGX's Revenue at $1.2 million in Q1 2026, $3.9 million in Q4 2025, and $8.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 814,307.08 Bn | 814,307.05 Bn | - | 5.21 Mn |
| 2 | Belite Bio | 55,320.00 Bn | 55,320.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,149.72 Bn | 17,149.72 Bn | - | - |
| 4 | Legend Biotech | 3,590.00 Bn | 3,589.71 Bn | 242.10 Mn | 306.30 Mn |
| 5 | Akari Therapeutics | 1,650.72 Bn | 1,650.72 Bn | - | - |
| 6 | Evaxion A | 1,522.09 Bn | 1,522.07 Bn | - | - |
| 7 | Psyence Biomedical | 229.39 Bn | 229.38 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 113.09 Bn | 105.85 Bn | 2.59 Bn | 2.99 Bn |
| 9 | Abivax | 90.15 Bn | 90.15 Bn | - | - |
| 10 | Metagenomi Therapeutics | 46.60 Mn | 46.60 Mn | - | 1.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.25 Mn |
| Dec 31, 2025 | 3.91 Mn |
| Sep 30, 2025 | 8.66 Mn |
| Jun 30, 2025 | 8.51 Mn |
| Mar 31, 2025 | 4.13 Mn |
| Dec 31, 2024 | 9.61 Mn |
| Sep 30, 2024 | 11.51 Mn |
| Jun 30, 2024 | 20.01 Mn |
| Mar 31, 2024 | 11.16 Mn |
| Dec 31, 2023 | 12.40 Mn |
| Sep 30, 2023 | 12.36 Mn |
| Jun 30, 2023 | 11.34 Mn |
| Mar 31, 2023 | 8.66 Mn |