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Metagenomi Therapeutics vs TScan Therapeutics: MGX and TCRX compared

Metagenomi Therapeutics is the larger company: $1.2M of revenue in its latest quarter (Q1 2026) against $1.1M for TScan Therapeutics (Q2 2026). TScan Therapeutics is growing faster (-66% against -70% a year earlier).

Metagenomi Therapeutics vs TScan Therapeutics, latest quarterMetagenomi Therapeutics vs TScan Therapeutics, latest quarterMetagenomi Therapeutics (MGX)TScan Therapeutics (TCRX)Revenue$1.2M$1.1MRevenue growth, Y/Y-70%-66%Operating marginn/mn/m

Where the money goes: MGX and TCRX

Metagenomi Therapeutics (MGX) · Q1 2026

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.

TScan Therapeutics (TCRX) · Q2 2026

TScan Therapeutics, Q2 2026: revenue $1.1M (-66% year over year), net loss $30.4M, operating cash flow −$27.5M. The chart follows the revenue to costs, profit and cash.

Metagenomi Therapeutics (MGX)TScan Therapeutics (TCRX)
Latest quarterQ1 2026Q2 2026
Revenue$1.2M$1.1M
Revenue growth, Y/Y-70%-66%
Operating marginn/mn/m
Net earnings−$23.1M−$30.4M
Operating cash flow−$21.2M−$27.5M

Questions

Which is bigger, Metagenomi Therapeutics or TScan Therapeutics?

Metagenomi Therapeutics is the larger company: $1.2M of revenue in its latest quarter (Q1 2026) against $1.1M for TScan Therapeutics (Q2 2026).

Is Metagenomi Therapeutics or TScan Therapeutics growing faster?

TScan Therapeutics is growing faster (-66% against -70% a year earlier).

More: Metagenomi Therapeutics earnings · how Metagenomi Therapeutics makes money · TScan Therapeutics earnings · how TScan Therapeutics makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed May 11, 2026; 10-Q filed Aug 12, 2026). Fiscal quarters can end on different dates. Not investment advice.