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Companies / Health Care / CG Oncology, Inc.
CGON

CG Oncology, Inc.

Health CareBiological Products
Ticker CGONDALLAS, TXFiscal year ends DecemberBook value per share $11.36Diluted shares 87.2M

CG Oncology, Inc. (Nasdaq: CGON) is a late-stage clinical biopharmaceutical company developing cretostimogene grenadenorepvec, an investigational oncolytic immunotherapy for bladder cancer. The candidate is designed to kill cancer cells through selective replication and stimulate an anti-tumor immune response. Its… From the company’s description.

Over the twelve months to Sep 30, 2026, CG Oncology, Inc. reported revenue of $6.17M, up 183.6% from a year earlier, and a net loss of $237.46M. Operations used $187.28M in cash. In fiscal 2025, it reported revenue of $4.04M, up 254.7% from fiscal 2024, and a net loss of $161.00M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$4.04MFY2025
+254.7% year over year
Last 12 mo $6.17M
-4722.13%FY2025
+5345.1 percentage points
Last 12 mo -4293.53%
$-161.00MFY2025
−82.9% year over year
Last 12 mo $-237.46M
-21.39%FY2025
−9.4 percentage points
Last 12 mo -23.96%
Cash & financing
$-132.35MFY2025
−68.1% year over year
Last 12 mo $-187.28M
$-132.48MFY2025
−67.8% year over year
Last 12 mo $-189.17M
0.00FY2025
Last 12 mo 0.00
77.3MFY2025
+23.7% year over year
Last 12 mo 87.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What CG Oncology, Inc. does

In the company’s own words

CG Oncology, Inc. (Nasdaq: CGON) is a late-stage clinical biopharmaceutical company developing cretostimogene grenadenorepvec, an investigational oncolytic immunotherapy for bladder cancer. The candidate is designed to kill cancer cells through selective replication and stimulate an anti-tumor immune response. Its clinical program focuses on non-muscle invasive bladder cancer (NMIBC), including high-risk disease unresponsive to Bacillus Calmette-Guérin (BCG), as well as intermediate-risk, BCG-naïve and BCG-exposed populations. Cretostimogene is administered into the bladder, and the company is evaluating it as a monotherapy and in combination with other treatments, including pembrolizumab and gemcitabine. Its development program includes Phase 3 trials BOND-003 in high-risk BCG-unresponsive NMIBC and PIVOT-006 in intermediate-risk NMIBC, alongside Phase 2 cohorts. The company initiated a U.S. biologics license application for its initial indication in the fourth quarter of 2025. As of January 30, 2026, cretostimogene had been administered to more than 740 patients in clinical trials.

Company details
Sector
Health Care
Industry (SIC)
Biological Products
Headquarters
DALLAS, TX
Fiscal year end
December
CIK
1991792
SIC
2836

Financial performance, year by year

Fiscal 2024–2025 · USD
$-261.82M$-188.73M$-115.65M$-42.56M$30.53M20242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns CG Oncology, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

324
funds hold it
0 of 35
superinvestors hold it
$2.41B
held by funds, at market
39.1%
of shares held by funds

Largest fund holders · CG Oncology, Inc.’s weight in each

T. Rowe Price Capital Appreciation Fund
PRWCX · T. ROWE PRICE CAPITAL APPRECIATION FUND, INC.
0.26%of fund net assets
VANGUARD HEALTH CARE FUND
VGHCX · VANGUARD SPECIALIZED FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.16%of fund net assets
1.20%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

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