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Filing Flows › Metagenomi Therapeutics (MGX) › R&D spending

Metagenomi Therapeutics (MGX) R&D spending by quarter

Metagenomi Therapeutics' R&D spending was $19.3M in Q1 2026 (first quarter 2026), -10% from Q4 2025. Over the last 6 quarters it ranged from $19.3M (Q1 2026) to $25.3M (Q3 2025).

Metagenomi Therapeutics R&D spending by quarterMetagenomi Therapeutics R&D spending by quarter$23.2MQ4 2024$25.1MQ1 2025$22.5MQ2 2025$25.3MQ3 2025$21.5MQ4 2025$19.3MQ1 2026
QuarterR&D spendingQ/QY/Y
Q1 2026$19.3M-10%-23%
Q4 2025$21.5M-15%-7%
Q3 2025$25.3M+12%—
Q2 2025$22.5M-10%—
Q1 2025$25.1M+9%—
Q4 2024$23.2M——

Q1 2026 at a glance

Metagenomi Therapeutics, Q1 2026: revenue $1.2M (-70% year over year), net loss $23.1M, operating cash flow −$21.2M. The chart follows the revenue to costs, profit and cash.

Questions

What is Metagenomi Therapeutics' R&D spending?

Metagenomi Therapeutics' R&D spending was $19.3M in Q1 2026 (first quarter 2026), -10% from Q4 2025.

How has Metagenomi Therapeutics' R&D spending changed?

Over the last 6 quarters it ranged from $19.3M (Q1 2026) to $25.3M (Q3 2025).

Q1 2026 results → · How Metagenomi Therapeutics makes money →