Tango Therapeutics (TNGX) Research & Development (2020 - 2026)

Tango Therapeutics' (TNGX) quarterly Research & Development came in at $33.5 million in Q1 2026, down 7.98% year-on-year from $36.4 million in Q1 2025, and up 4.46% quarter-over-quarter from $32.1 million in Q4 2025.

Tango Therapeutics (TNGX) Research & Development (2020 - 2026) Analysis & Trends

Tango Therapeutics' Research & Development history runs 7 years deep, the most recent figure standing at $33.5 million for Q1 2026.

  • On a quarterly basis, Research & Development fell 7.98% year-over-year to $33.5 million in Q1 2026; TTM through Mar 2026 was $129.3 million, a 9.16% decrease from a year earlier, with the FY2025 full-year figure at $132.2 million, down 8.17% from the prior year.
  • Research & Development rose to $33.5 million in Q1 2026 per TNGX's latest filing, from $32.1 million in the prior quarter.
  • Across five years, Research & Development topped out at $38.7 million in Q2 2024 and bottomed at $23.7 million in Q2 2022.
  • The 5-year median for Research & Development is $31.3 million (2023), against an average of $31.2 million.
  • Across the five-year window, Research & Development jumped 62.2% in 2022 and retreated 15.13% in 2025, its largest moves.
  • Year by year, Research & Development stood at $29.1 million in 2022, then advanced by 7.73% to $31.3 million in 2023, then gained by 8.29% to $33.9 million in 2024, then declined by 5.41% to $32.1 million in 2025, then advanced by 4.46% to $33.5 million in 2026.
  • Per Business Quant, the three latest TNGX Research & Development figures stand at $33.5 million (Q1 2026), $32.1 million (Q4 2025), and $30.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -17.94 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 1.46 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 541.22 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 15.66 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -443.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 343.97 Mn
10 Tango Therapeutics 3.82 Bn 3.66 Bn - 33.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 33.53 Mn
Dec 31, 2025 32.10 Mn
Sep 30, 2025 30.82 Mn
Jun 30, 2025 32.81 Mn
Mar 31, 2025 36.44 Mn
Dec 31, 2024 33.94 Mn
Sep 30, 2024 33.26 Mn
Jun 30, 2024 38.65 Mn
Mar 31, 2024 38.07 Mn
Dec 31, 2023 31.34 Mn
Sep 30, 2023 27.15 Mn
Jun 30, 2023 28.67 Mn
Mar 31, 2023 28.04 Mn
Dec 31, 2022 29.09 Mn
Sep 30, 2022 28.74 Mn
Jun 30, 2022 23.74 Mn
Mar 31, 2022 24.33 Mn
Dec 31, 2021 21.63 Mn
Sep 30, 2021 21.92 Mn
Jun 30, 2021 19.08 Mn