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

Tango Therapeutics (TNGX) recorded quarterly Research & Development of $33.5 million in Q1 2026, up 4.46% quarter-over-quarter from $32.1 million in Q4 2025, and down 7.98% on a YoY basis from $36.4 million in Q1 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.

  • In Q1 2026, Research & Development fell 7.98% year-over-year to $33.5 million; the TTM figure through Mar 2026 stood at $129.3 million (down 9.16% YoY), while the FY2025 annual figure was $132.2 million, down 8.17% from the prior year.
  • Research & Development was $33.5 million for Q1 2026 at Tango Therapeutics, up from $32.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $38.7 million in Q2 2024 to a low of $23.7 million in Q2 2022.
  • Historically, Research & Development has averaged $31.2 million across 5 years, with a median of $31.3 million in 2023.
  • The sharpest annual moves came in 2022 and 2025: Research & Development surged 62.2% in 2022, then declined 15.13% in 2025.
  • A 5-year view of Research & Development shows it 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.
  • The last three Research & Development figures came in at $33.5 million (Q1 2026), $32.1 million (Q4 2025), and $30.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.32 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 626,092.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -101.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -2.30 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 1.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 357,444.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.96 Bn 91.96 Bn - -58.00 Mn
10 Tango Therapeutics 4.05 Bn 3.67 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