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Filing Flows › Metagenomi Therapeutics (MGX) › Q1 2026 › vs Q1 2025

Metagenomi Therapeutics (MGX) Q1 2026 vs Q1 2025 (year over year)

Metagenomi Therapeutics's revenue fell $2.9M (-70%) from $4.1M in Q1 2025 to $1.2M in Q1 2026.

Metagenomi Therapeutics, Q1 2026: revenue $1.2M (-70% year over year), net loss $23.1M, operating cash flow −$21.2M. The chart draws each line against Q1 2025, the increases inside each band.

Metagenomi Therapeutics: what changed, Q1 2026 vs Q1 2025Metagenomi Therapeutics: what changed, Q1 2026 vs Q1 2025Costs & expenses−$6.2MOperating costs−$6.1MResearch & development−$5.8MOperating cash sources−$2.1MNet loss−$2.0MNet loss absorbed−$2.0MCash used in operations−$1.7MOther income, net−$1.3MShare-based compensation−$376KGeneral & admin−$270K

Every line

LineQ1 2026Q1 2025Change%
Revenue$1.2M$4.1M−$2.9M-70%
Other income, net$1.5M$2.9M−$1.3M-47%
Net loss$23.1M$25.0M−$2.0M-8%
Costs & expenses$25.8M$32.0M−$6.2M-19%
Operating costs$25.8M$31.9M−$6.1M-19%
Income tax$10K$98K−$88K-90%
Research & development$19.3M$25.1M−$5.8M-23%
General & admin$6.5M$6.8M−$270K-4%
Operating cash sources$25.0M$27.1M−$2.1M-8%
Depreciation$1.3M$1.4M−$83K-6%
Share-based compensation$2.6M$2.9M−$376K-13%
Cash used in operations$21.2M$22.8M−$1.7M-7%
Net loss absorbed$23.1M$25.0M−$2.0M-8%
Working capital & other$1.9M$2.1M−$146K-7%

Questions

How much did Metagenomi Therapeutics's revenue grow year over year in Q1 2026?

Metagenomi Therapeutics's revenue fell $2.9M (-70%) from $4.1M in Q1 2025 to $1.2M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →