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How Macrogenics (MGNX) makes money

Macrogenics (MGNX) made $32.8M of revenue in the second quarter 2026 (Q2 2026), +379% from a year earlier. Collaborative and other agreements brought in $25.5M (78%); Royalty revenue brought in $7.3M (22%).

Drawing the Sankey…

Macrogenics revenue by segment, Q2 2026Macrogenics revenue by segment, Q2 2026Collaborative and other agreements$25.5MRoyalty revenue$7.3M
Macrogenics revenue by quarterMacrogenics revenue by quarter$19.4MQ4 2024$13.2MQ1 2025$22.2MQ2 2025$72.8MQ3 2025$41.2MQ4 2025$20.8MQ1 2026$32.8MQ2 2026

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Collaborative and other agreements$25.5M77.6%45×+359%
Royalty revenue$7.3M22.4%+19%+465%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$32.8M100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$32.8M+378%
Q1 2026$20.8M+58%
Q4 2025$41.2M+113%
Q3 2025$72.8M-34%
Q2 2025$22.2M+106%
Q1 2025$13.2M+45%
Q4 2024$19.4M+80%

From Macrogenics' 10-Q filed Aug 14, 2026 (on EDGAR).

Questions

How does Macrogenics make money?

Macrogenics (MGNX) made $32.8M of revenue in the second quarter 2026 (Q2 2026), +379% from a year earlier. Collaborative and other agreements brought in $25.5M (78%); Royalty revenue brought in $7.3M (22%).

What is Macrogenics' biggest business?

Collaborative and other agreements: $25.5M in the second quarter 2026, 78% of revenue, +359% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.