Tango Therapeutics (TNGX)

NasdaqMarket Closed

Tango Therapeutics, Inc. is a clinical-stage biotechnology company developing targeted cancer therapies based on the biology of genetic vulnerabilities in tumors. The company focuses on precision oncology, an approach that seeks to match treatments with specific tumor alterations rather than treating cancer solely by tissue type. Its research is centered on discovering drug targets that become especially important when cancer cells carry defined genetic changes, a concept often associated with synthetic lethality.

Tango’s pipeline includes programs aimed at cancers with MTAP deletions, a genetic alteration found in several tumor types. The company is developing MTA-cooperative PRMT5 inhibitors, including TNG462 for non-central nervous system cancers such as pancreatic and lung cancers, and TNG456, a brain-penetrant candidate intended for central nervous system tumors including glioblastoma. These programs are designed to exploit the altered metabolic environment created by MTAP loss while seeking selectivity against cancer cells.

The company also works on additional oncology targets, including programs associated with PRMT5 and CoREST biology. As with many biotechnology companies at this stage, Tango does not operate as a commercial drug seller; its value is tied to research progress, clinical trial results, intellectual property, regulatory milestones, and the potential for partnerships or future product approvals.

Tango Therapeutics operates in a highly competitive area of cancer drug development, where scientific differentiation and patient selection are critical. Its strategy depends on identifying biomarkers that can guide enrollment and demonstrate meaningful clinical benefit in genetically defined patient populations.

23.34USD
−1.94(-7.67%)

Last updated

Market Cap
$3,935,365,966
P/E
P/FCF
P/S
73.13
Enterprise Value
$3,589,807,966
Sector
Materials
Industry
Pharmaceutical Preparations
Address
201 BROOKLINE AVENUE, BOSTON, MA, 02215
Market Cap
$3,935,365,966
Enterprise Value
$3,589,807,966
P/E
P/B
3.84
P/S
73.13
EV / EBITDA
-26.71
EV / Sales
66.71
EPS
-0.73
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$144,247,000
ROE
-12.08%
ROA
-11.52%
Debt / Equity
0
Current Ratio
50.82
Quick Ratio
50.82
Cash
17.02
Avg Volume
$2,198,808
Fundamentals Snapshot Price
23.34

Income Statement

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Revenue00053.81M3.18M
Cost of revenue00000
Gross profit00053.81M3.18M
Operating income-59.79M-48.77M-41.86M14.07M-40.97M
EBITDA-59.36M-48.31M-41.39M14.63M-40.34M
Net income-55.34M-45.51M-38.75M15.88M-38.85M
Income taxes1K1K-55K-10K35K
Interest expense001.68M1.1M0
Other operating expenses00000
Total operating expenses59.79M48.77M41.86M39.74M44.15M
Basic EPS-0.37-0.32-0.290.14-0.35
Diluted EPS-0.37-0.32-0.310.13-0.35

Balance Sheet

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Total assets1.07B435.79M398.69M210.14M237.89M
Total liabilities49.35M44.29M52.51M50.11M102.94M
Total equity1.02B391.51M346.18M160.03M134.95M
Cash & equivalents345.56M157.83M112.28M58.34M39.27M
Current assets1.03B392.33M353.76M163.78M190.1M
Current liabilities20.3M14.33M21.68M18.44M40.03M
Accounts payable1.81M2.43M1.18M2.23M2.61M
Receivables00000
Inventories00000
Goodwill00000
Long-term debt00000

Cash Flow

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Operating cash flow-38.87M-44.36M-29.72M-30.95M-36.52M
Investing cash flow-445.97M9.64M-135.72M47.48M16.78M
Financing cash flow672.57M79.85M219.38M2.54M581K
Change in cash187.73M45.12M53.94M19.07M-19.16M
Net income-55.34M-45.51M-38.75M15.88M-38.85M
KindFilingDateLink
edgar indexSCHEDULE 13G — Tango Therapeutics, Inc.View Filing
edgar indexSCHEDULE 13G/A — Tango Therapeutics, Inc.View Filing
edgar indexSCHEDULE 13G/A — Tango Therapeutics, Inc.View Filing
edgar indexSCHEDULE 13G/A — Tango Therapeutics, Inc.View Filing
edgar indexSCHEDULE 13G/A — Tango Therapeutics, Inc.View Filing
edgar indexSCHEDULE 13G/A — Tango Therapeutics, Inc.View Filing
edgar index10-Q — Tango Therapeutics, Inc.View Filing
edgar index8-K — Tango Therapeutics, Inc.View Filing
edgar index424B5 — Tango Therapeutics, Inc.View Filing
edgar index8-K — Tango Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
eight k text8-K — 8-KView Filing
edgar index8-K/A — Tango Therapeutics, Inc.View Filing
edgar index8-K — Tango Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index4 — Tango Therapeutics, Inc.View Filing
edgar index144 — Tango Therapeutics, Inc.View Filing
form 4Form 4 — Crystal AdamView Filing
form 4Form 4 — Crystal AdamView Filing
form 4Form 4 — Crystal AdamView Filing
form 4Form 4 — Crystal AdamView Filing
edgar index4 — Tango Therapeutics, Inc.View Filing
form 4Form 4 — Crystal AdamView Filing
form 4Form 4 — Crystal AdamView Filing
form 4Form 4 — Crystal AdamView Filing
form 4Form 4 — Crystal AdamView Filing
edgar index8-K — Tango Therapeutics, Inc.View Filing
edgar index3 — Tango Therapeutics, Inc.View Filing
edgar index4 — Tango Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — Azelby RobertView Filing
form 4Form 4 — Azelby RobertView Filing
edgar index144 — Tango Therapeutics, Inc.View Filing
edgar index144 — Tango Therapeutics, Inc.View Filing
edgar indexFWP — Tango Therapeutics, Inc.View Filing
edgar index424B5 — Tango Therapeutics, Inc.View Filing
edgar index8-K — Tango Therapeutics, Inc.View Filing
edgar index144 — Tango Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — Tango Therapeutics, Inc.View Filing
edgar index424B5 — Tango Therapeutics, Inc.View Filing
edgar index4 — Tango Therapeutics, Inc.View Filing
edgar index4 — Tango Therapeutics, Inc.View Filing
edgar index4 — Tango Therapeutics, Inc.View Filing
edgar index4 — Tango Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — Lee SungView Filing
form 4Form 4 — Lee SungView Filing
form 4Form 4 — Rothenberg MaceView Filing
form 4Form 4 — Rothenberg MaceView Filing
form 4Form 4 — Calhoun Lesley AnnView Filing
form 4Form 4 — Calhoun Lesley AnnView Filing
form 4Form 4 — Ketchum John BView Filing
form 4Form 4 — Ketchum John BView Filing
edgar index8-K — Tango Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index4 — Tango Therapeutics, Inc.View Filing
form 4Form 4 — Crystal AdamView Filing
form 4Form 4 — Crystal AdamView Filing
form 4Form 4 — Crystal AdamView Filing
form 4Form 4 — Crystal AdamView Filing
edgar indexSCHEDULE 13G/A — Tango Therapeutics, Inc.View Filing
edgar indexSCHEDULE 13G/A — Tango Therapeutics, Inc.View Filing
edgar indexSCHEDULE 13G — Tango Therapeutics, Inc.View Filing
edgar indexSCHEDULE 13G/A — Tango Therapeutics, Inc.View Filing
edgar indexSCHEDULE 13G/A — Tango Therapeutics, Inc.View Filing
edgar index10-Q — Tango Therapeutics, Inc.View Filing
edgar index8-K — Tango Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar indexSCHEDULE 13G/A — Tango Therapeutics, Inc.View Filing
edgar index8-K — Tango Therapeutics, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar indexSCHEDULE 13G — Tango Therapeutics, Inc.View Filing
edgar index4 — Tango Therapeutics, Inc.View Filing
edgar index4 — Tango Therapeutics, Inc.View Filing