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How Metagenomi Therapeutics (MGX) makes money

Metagenomi Therapeutics (MGX) made $1.2M of revenue in the first quarter 2026 (Q1 2026), -70% from a year earlier.

Drawing the Sankey…

Metagenomi Therapeutics revenue by quarterMetagenomi Therapeutics revenue by quarter$9.6MQ4 2024$4.1MQ1 2025$8.5MQ2 2025$8.7MQ3 2025$3.9MQ4 2025$1.2MQ1 2026
Metagenomi Therapeutics: where each dollar of revenue goesMetagenomi Therapeutics: where each dollar of revenue goesIncome tax1¢

Where each dollar of revenue goes

LineQ1 2026% of revenue
Revenue$1.2M100.0%
Income tax$10K0.8%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q1 2026$1.2M-70%
Q4 2025$3.9M-59%
Q3 2025$8.7M-25%
Q2 2025$8.5M-58%
Q1 2025$4.1M-63%
Q4 2024$9.6M-22%

From Metagenomi Therapeutics' 10-Q filed May 11, 2026 (on EDGAR).

Questions

How does Metagenomi Therapeutics make money?

Metagenomi Therapeutics (MGX) made $1.2M of revenue in the first quarter 2026 (Q1 2026), -70% 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.