Tango Therapeutics (TNGX) Operating Expenses (2020 - 2026)
Tango Therapeutics' (TNGX) quarterly Operating Expenses came in at $12.0 million in Q1 2026, up 35.74% year-on-year from $8.8 million in Q1 2025, and down 71.38% quarter-over-quarter from $41.9 million in Q4 2025.
Tango Therapeutics (TNGX) Operating Expenses (2020 - 2026) Analysis & Trends
Tango Therapeutics' Operating Expenses history runs 7 years deep, the most recent figure standing at $12.0 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 35.74% year-over-year to $12.0 million in Q1 2026; TTM through Mar 2026 was $137.7 million, a 40.84% decrease from a year earlier, with the FY2025 full-year figure at $173.7 million, down 7.46% from the prior year.
- Operating Expenses retreated to $12.0 million in Q1 2026 per TNGX's latest filing, from $41.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $167.1 million in Q4 2024 and bottomed at $7.5 million in Q3 2024.
- The 5-year median for Operating Expenses is $37.0 million (2022), against an average of $41.5 million.
- Biggest YoY gain for Operating Expenses was 429.08% in 2025; the steepest drop was 81.89% in 2025.
- Year by year, Operating Expenses stood at $37.0 million in 2022, then rose by 9.37% to $40.4 million in 2023, then surged by 313.07% to $167.1 million in 2024, then tumbled by 74.94% to $41.9 million in 2025, then plunged by 71.38% to $12.0 million in 2026.
- Per Business Quant, the three latest TNGX Operating Expenses figures stand at $12.0 million (Q1 2026), $41.9 million (Q4 2025), and $39.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.10 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.78 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 445.22 Mn |
| 10 | Tango Therapeutics | 3.94 Bn | 3.78 Bn | - | 11.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.98 Mn |
| Dec 31, 2025 | 41.86 Mn |
| Sep 30, 2025 | 39.74 Mn |
| Jun 30, 2025 | 44.15 Mn |
| Mar 31, 2025 | 8.83 Mn |
| Dec 31, 2024 | 167.06 Mn |
| Sep 30, 2024 | 7.51 Mn |
| Jun 30, 2024 | 49.43 Mn |
| Mar 31, 2024 | 48.73 Mn |
| Dec 31, 2023 | 40.44 Mn |
| Sep 30, 2023 | 36.36 Mn |
| Jun 30, 2023 | 37.85 Mn |
| Mar 31, 2023 | 36.05 Mn |
| Dec 31, 2022 | 36.98 Mn |
| Sep 30, 2022 | 36.84 Mn |
| Jun 30, 2022 | 30.97 Mn |
| Mar 31, 2022 | 31.14 Mn |
| Dec 31, 2021 | 27.70 Mn |
| Sep 30, 2021 | 26.36 Mn |
| Jun 30, 2021 | 22.71 Mn |