Tango Therapeutics (TNGX) Operating Expenses (2020 - 2026)
Tango Therapeutics (TNGX) recorded quarterly Operating Expenses of $48.8 million in Q1 2026, down 67.16% quarter-over-quarter from $148.5 million in Q4 2025, and up 452.56% on a YoY basis from $8.8 million in Q1 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 $48.8 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 452.56% year-over-year to $48.8 million; the TTM figure through Mar 2026 stood at $248.5 million (up 6.75% YoY), while the FY2025 annual figure was $173.7 million, down 7.46% from the prior year.
- Operating Expenses was $48.8 million for Q1 2026 at Tango Therapeutics, down from $148.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $167.1 million in Q4 2024 to a low of $7.1 million in Q3 2025.
- Historically, Operating Expenses has averaged $48.0 million across 5 years, with a median of $37.0 million in 2022.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses slumped 81.89% in 2025, then surged 452.56% in 2026.
- A 5-year view of Operating Expenses shows it 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 declined by 11.11% to $148.5 million in 2025, then slumped by 67.16% to $48.8 million in 2026.
- The last three Operating Expenses figures came in at $48.8 million (Q1 2026), $148.5 million (Q4 2025), and $7.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -67.40 Mn |
| 10 | Tango Therapeutics | 4.05 Bn | 3.67 Bn | - | 48.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.77 Mn |
| Dec 31, 2025 | 148.51 Mn |
| Sep 30, 2025 | 7.11 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 |