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
DateValue
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