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| Date | Value |
|---|---|
| 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 |