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Tango Therapeutics, Inc. (TNGX)

Tango Therapeutics, Inc. brought in $0 of revenue over the twelve months to September 30, 2026, down 100.0% from a year earlier. It posted a net loss of $208M. In fiscal 2025 capital spending exceeded operating cash flow by $139.9M. At September 30, 2026 it held $86.8M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.

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Price
$21.50
+3.02% on the day · November 6, 2026
52-week range $7.49 to $34.39
Market cap
$3.6B
Revenue (last 12 months)
$0
-100.0% year on year

Key facts about Tango Therapeutics, Inc.

Net worth
Tango Therapeutics, Inc. has a market value (market cap) of $3.6B at the latest share price, and shareholders' equity of $980.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $62.4M (+48.3% year on year), with a net loss of $101.6M. Over the 12 months to September 30, 2026: revenue $0, net loss $208M.
Cash flow
In fiscal 2025 operations used $138.9M of cash.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
Next earnings report
Tango Therapeutics, Inc.'s next report is expected around January 7, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

What Tango Therapeutics, Inc. does

Tango Therapeutics, Inc. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker TNGX.

Revenue and profit by year

Revenue
FY20: $7.7M $7.7M FY20FY21: $37M $37M FY21FY22: $24.9M $24.9M FY22FY23: $36.5M $36.5M FY23FY24: $42.1M $42.1M FY24FY25: $62.4M $62.4M FY25
Net income
FY20: -$52M -$52M FY20FY21: -$58.2M -$58.2M FY21FY22: -$108.2M -$108.2M FY22FY23: -$101.7M -$101.7M FY23FY24: -$130.3M -$130.3M FY24FY25: -$101.6M -$101.6M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$62.4M-$111.3M-$101.6M-$0.87-$139.9M
2024$42.1M-$145.6M-$130.3M-$1.19-$132.3M
2023$36.5M-$114.2M-$101.7M-$1.08-$119.5M
2022$24.9M-$111.1M-$108.2M-$1.23-$116.8M
2021$37M-$58.2M-$58.2M-$0.94-$61.4M
2020$7.7M-$52.2M-$52M-$1.63$69M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around January 7, 2027.

Estimated from its filing rhythm: 52 weeks after its report of January 8, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where TNGX ranks in Health care

Revenue$62.4M
#378 of 751 in Health care · Top 50%
Revenue growth+48.3%
#99 of 532 in Health care · Top 18%
Net margin-162.9%
#469 of 544 in Health care · Bottom 14%
Free cash flow margin-224.3%
#442 of 490 in Health care · Bottom 10%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

What Tango Therapeutics, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 9, 2026
  2. November 9, 2026
    Quarterly report 10-Q · period to September 30, 2026Diluted EPS -$0.39 versus $0.13.
  3. November 6, 2026
  4. October 23, 2026
  5. August 14, 2026
  6. August 14, 2026
  7. August 14, 2026
  8. August 14, 2026
  9. August 14, 2026
  10. August 12, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on November 4, 2026. Insider transactions on SEC

Insider trades

What the people running Tango Therapeutics, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $1.7M worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)
$0
last 90 days
Sold
$1.7M
last 90 days
Net sold
74,231
$1.7M
DateInsiderWhatSharesPriceValueFiling
November 2, 2026 Newcomb JessicaPrincipal Accounting Officer Soldpre-planned (10b5-1) 5,571 $22.28 $124.1K Form 4
November 2, 2026 Newcomb JessicaPrincipal Accounting Officer Soldpre-planned (10b5-1) 1,460 $22.98 $33.6K Form 4
November 2, 2026 Crystal AdamPresident, R&D Exercised options 5,000 $2.91 $14.6K Form 4
November 2, 2026 Crystal AdamPresident, R&D Soldpre-planned (10b5-1) 3,900 $22.26 $86.8K Form 4
November 2, 2026 Crystal AdamPresident, R&D Soldpre-planned (10b5-1) 1,100 $22.99 $25.3K Form 4
October 1, 2026 Crystal AdamPresident, R&D Exercised options 27,000 $5.20 $140.4K Form 4
October 1, 2026 Crystal AdamPresident, R&D Soldpre-planned (10b5-1) 26,400 $24.45 $645.6K Form 4
October 1, 2026 Crystal AdamPresident, R&D Soldpre-planned (10b5-1) 600 $25.32 $15.2K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns TNGX

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Davis Aaron I.13D, may seek influence with 3 related filers 10% 10,740,385 January 2, 2025
Farallon Capital Management, L.L.C.13G, passive with 28 related filers 9.8% 16,270,187 August 14, 2026
RTW Investments, LP13G, passive with 1 related filers 9.3% 13,300,620 May 15, 2026
Aaron I. Davis13D, may seek influence with 4 related filers 7.8% 8,339,935 October 15, 2024
Dapice Joshua J.13G, passive with 27 related filers 7.8% 11,257,203 May 11, 2026
TCG Crossover GP II, LLC13G, passive with 2 related filers 7% 10,147,867 August 14, 2026
Fmr LLC13G, passive with 1 related filers 6.9% 9,905,919 May 6, 2026
BCTG Holdings, LLC13D, may seek influence with 3 related filers 6.5% 6,988,450 November 7, 2024

Latest filings below 5%: Nextech Crossover I GP S.a. r.l. 0% (August 14, 2026); Woodline Partners LP 2.5% (August 14, 2026); Adage Capital Management, L.P. 3.44% (August 12, 2026); Raymond Debbane 4% (May 4, 2026); The Vanguard Group 0% (March 27, 2026).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 247 managers reported a position.

HolderSharesValueChange on quarter
Rtw Investments, LP13,900,620$434.5M+600,000
BlackRock, Inc.12,438,444$388.8M+3,690,399
Fmr LLC12,333,339$385.5M+2,427,420
Farallon Capital Management, L.L.C.12,277,000$383.8M+3,179,589
Boxer Capital Management, LLC10,876,219$340M0
Goldman Sachs Group Inc9,980,620$312M+4,904,228
TCG Crossover Management, LLC9,081,201$283.9M-1,449,870
Paradigm Biocapital Advisors LP6,357,523$198.7M+2,347,844
Siren, L.L.C.6,179,364$193.2M+522,259
State Street Corp5,979,806$186.9M+1,327,912
Vanguard Capital Management LLC5,957,348$186.2M+795,917
Adage Capital Partners GP, L.L.C.5,600,000$175.1M-7,209,485
Jupiter Topco LLC5,056,352$158Mnew
Deep Track Capital, LP4,200,000$131.3M+1,450,000
Deerfield Management Company, L.P.4,190,611$131M+43,798
Woodline Partners LP4,000,567$125.1M-3,999,446
Trv GP IV, LLC6,374,574$120.2M0
Geode Capital Management, LLC3,742,791$117M+1,067,014
Perceptive Advisors LLC3,377,000$105.6M+2,568,847
Seven Fleet Capital Management LP3,228,144$95.7M+2,726,132

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

11 insiders reported holding 2,500,431 shares in total, about $60.8M at the last price.

HolderSharesAs of
Weber BarbaraDirector, Executive Chair, Director 1,629,254 February 3, 2026
Peters MaltePresident & CEO, Director 367,500 January 8, 2026
Beckman DaniellaChief Financial Officer 184,297 February 3, 2026
Crystal AdamPresident, R&D 115,743 November 2, 2026
Newcomb JessicaPrincipal Accounting Officer 52,090 November 2, 2026
Rothenberg MaceDirector 41,500 June 5, 2026
Gall MatthewChief Financial Officer 40,000 May 1, 2026
Ketchum John BDirector 24,937 June 5, 2026
Lee SungDirector 22,870 June 5, 2026
Calhoun Lesley AnnDirector 16,500 June 5, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about TNGX

What does Tango Therapeutics, Inc. do?

Tango Therapeutics, Inc. is a company in the Health care sector, listed on NASDAQ as TNGX. Its shares trade on NASDAQ under the ticker TNGX.

What is Tango Therapeutics, Inc.'s net worth?

Tango Therapeutics, Inc. has a market value (market cap) of $3.6B at the latest share price, and shareholders' equity of $980.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Tango Therapeutics, Inc. profitable?

No. Over the twelve months to September 30, 2026 it reported a net loss of $208M.

How much revenue does Tango Therapeutics, Inc. make?

Over the twelve months to September 30, 2026 Tango Therapeutics, Inc. reported revenue of $0. That is 100.0% less than a year earlier.

When did Tango Therapeutics, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.

When is Tango Therapeutics, Inc.'s next earnings report?

Tango Therapeutics, Inc.'s next report is expected around January 7, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

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Where the numbers come from

Financial figures are the values Tango Therapeutics, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.