NASDAQ$TNGX

Tango Therapeutics Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Tango Therapeutics Inc reported Q2 2025 financial results showing continued net losses amid ongoing R&D activities.

For the three months ended June 30, 2025, the company recognized $3.2 million in collaboration revenue. Operating expenses totaled $44.1 million, resulting in a net loss of $38.9 million or $0.35 per share. Cash and cash equivalents stood at $39.3 million at quarter end.

  • Q2 2025 collaboration revenue was $3.2 million, down from $19.9 million in Q2 2024 due to lower research activities under the Gilead agreement.
  • Research and development expenses decreased to $32.8 million from $38.7 million year-over-year.
  • Net loss widened to $38.9 million compared to $25.6 million in the prior-year quarter.
  • Cash position declined to $39.3 million as the company continued funding its precision oncology pipeline.

Headline financials

Total Revenue

$3.18M

Previous: $19.9M-84.0%
EPS (adj)

-$0.35

Previous: -$0.24-45.8%
Research and development expenses

$32.8M

No prior period
General and administrative expenses

$11.3M

No prior period
Capital Expenditures

-$675K

Previous: -$515K-31.1%
Net Income

-$38.9M

Previous: -$25.6M-52.1%
Operating Income

-$41M

Previous: -$29.6M-38.6%
Cash & Equivalents

$39.3M

No prior period

Revenue & EPS history

Tango Therapeutics · Revenue · Quarterly

$3.18M

Q2 2025-84%vs Q2 2024
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

+0.6%

Avg return

Earnings day

+6.7%

Avg return

5 days after

+25.8%

Avg return

30 days after

58%

11 / 19 earnings

Positive

+36.4%

Q4 2025

Best reaction

-45.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+8.6%-12.1%+31.7%
Q4 2025+36.4%+33.6%+75.1%
Q3 2025+0.2%-1.7%+23.6%
Q1 2025+17.1%+31.6%+315.8%
Q4 2024-6.5%-21.0%-36.9%
Q3 2024-45.4%-34.7%-34.7%
Q2 2024-1.8%-5.7%+20.9%
Q1 2024-0.8%-6.9%-12.1%
Q4 2023-9.7%-14.4%-17.4%
Q3 2023+3.8%-12.1%+6.6%
Q2 2023+1.2%+120.9%+113.5%
Q1 2023+6.4%+4.4%-0.3%
Q4 2022-9.4%-5.3%-21.6%
Q3 2022-5.3%+6.7%-1.3%
Q2 2022+22.4%+32.8%-8.1%
Q1 2022-7.6%+1.2%-3.8%
Q4 2021+0.3%+6.8%+1.3%
Q3 2021+0.4%+5.2%-10.7%
Q2 2021+1.1%-2.2%+49.4%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro