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Tango Therapeutics, Inc.

Tango Therapeutics, Inc.

NASDAQ•TNGX
CEO: Dr. Barbara L. Weber M.D.
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2020-09-03
Tango Therapeutics, Inc., a biotechnology company, discovers and develops drugs for the treatment of cancer. Its lead program is TNG908, a synthetic lethal small molecule inhibitor of protein arginine methyltransferase 5 that is being developed as a treatment for cancers with methylthioadenosine phosphorylase deletions. The company develops TNG462, an oral small molecule methylthioadenosine-cooperative inhibitor for the treatment for cancers with methylthioadenosine phosphorylase deletions; TNG260, a co-repressor of repressor element-1 silencing transcription -selective inhibitor; TNG348, an ubiquitin-specific protease 1 inhibitor to treat patients with BRCA1 or BRCA2-mutant cancers; and Target 3 for STK11-mutant cancers. It has a strategic collaboration with Gilead Sciences, Inc. for the discovery, development, and commercialization of a pipeline of therapies for patients with cancer. Tango Therapeutics, Inc. was founded in 2017 and is headquartered in Boston, Massachusetts.
Contact Information
201 Brookline Avenue, Suite 901, Boston, MA, 02215, United States
857-320-4900
www.tangotx.com
Market Cap
$1.44B
P/E (TTM)
-14.4
38.2
Dividend Yield
--
52W High
$13.18
52W Low
$1.03
52W Range
99%
Rank51Top 71.3%
3.0
F-Score
Modified Piotroski Analysis
Based on 6-year fundamentals
Weak • 3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2020-2025

Financial Dashboard

Q3 2025 Data

Revenue

$53.81M+363.61%
4-Quarter Trend

EPS

$0.14-153.00%
4-Quarter Trend

FCF

-$31.10M-7.17%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Q3 Revenue Driven by Recognition Collaboration revenue reached $53.8M USD in Q3 2025, up $42.2M from $11.6M Q3 2024 due to Gilead agreement truncation.
Return to Quarterly Profitability Q3 Net Income was $15.9M USD, a significant swing from Q3 2024 Net Loss of $(29.2)M USD; 9M Loss narrowed.
Vopimetostat Positive Data Vopimetostat Phase 1/2 showed 27% ORR across 94 patients; planning pivotal trial initiation for 2L pancreatic cancer in 2026.
Liquidity Runway Extended October 2025 financing provided $212.0M net proceeds, enabling funding of operating expenses and capital needs into 2028.

Risk Factors

Continued Operating Losses Expected Expect continued significant operating losses and negative cash flow for foreseeable future; substantial additional funding required.
Key Program Discontinuations TNG348 discontinued due to toxicity; TNG908 enrollment halted due to insufficient GBM activity, impacting R&D focus.
Regulatory Review Uncertainty New administration policies create uncertainty regarding FDA review timelines, guidance, and potential challenges to approval pathways.

Outlook

Pivotal Trial Planning Underway Planning initiation of pivotal trial for vopimetostat in second line MTAP-deleted pancreatic cancer, anticipated to start in 2026.
Advancing Next Generation Candidates Advancing TNG456 for CNS cancers and TNG961 targeting HBS1L in FOCAD-deleted solid tumors development programs.
Expert Consulting Engaged Engaged expert consultants to support planned pivotal study initiation and advance late-stage clinical development capabilities.

Peer Comparison

Revenue (TTM)

AnaptysBio, Inc.ANAB
$169.47M
+196.4%
Xencor, Inc.XNCR
$167.36M
+64.5%
Kura Oncology, Inc.KURA
$104.03M
+8091.3%

Gross Margin (Latest Quarter)

Nektar TherapeuticsNKTR
100.0%
+18.4pp
Xencor, Inc.XNCR
100.0%
+17.2pp
Tango Therapeutics, Inc.TNGX
99.0%
-1.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
TNGX$1.44B-14.4-60.8%16.5%
PGEN$1.32B-5.3-3342.6%57.3%
RLAY$1.27B-4.3-42.9%5.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
135.6%
Strong Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention

Research & Insights

Next earnings:Feb 26, 2026
|
EPS:-$0.31
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 4, 2025|
    Revenue: $53.81M+363.6%
    |
    EPS: $0.14-153.0%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 5, 2025|
    Revenue: $3.18M-84.0%
    |
    EPS: $-0.35+45.8%
    Meet
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 12, 2025|
    Revenue: $5.39M-16.7%
    |
    EPS: $-0.36+2.9%
    Meet
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 27, 2025|
    Revenue: $42.07M+15.2%
    |
    EPS: $-1.19-10.2%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 6, 2024|
    Revenue: $11.61M+8.2%
    |
    EPS: $-0.27+17.4%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 7, 2024|
    Revenue: $19.88M+36.1%
    |
    EPS: $-0.24+4.3%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 8, 2024|
    Revenue: $6.47M+12.2%
    |
    EPS: $-0.35+20.7%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 18, 2024|
    Revenue: $36.53M+46.9%
    |
    EPS: $-1.08+12.2%
    Miss