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Companies / Health Care / Metagenomi Therapeutics, Inc.
MGX

Metagenomi Therapeutics, Inc.

Health CareBiological Products
Ticker MGXEMERYVILLE, CAFiscal year ends DecemberBook value per share $2.99Diluted shares 37.6M

Metagenomi Therapeutics, Inc. (Nasdaq: MGX) is an in vivo genome-editing company developing genetic medicines for patients with genetically driven diseases. Its wholly owned lead program, MGX-001, is designed as a one-time treatment for hemophilia A, using genome editing to insert a factor VIII gene into liver cells;… From the company’s description.

Over the twelve months to Jun 30, 2026, Metagenomi Therapeutics, Inc. reported revenue of $13.56M, down 59.8% from a year earlier, and a net loss of $93.46M. Its operating margin was −741.6%, and operations used $85.49M in cash. In fiscal 2025, it reported revenue of $25.21M, down 51.8% from fiscal 2024, and a net loss of $87.87M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$25.21MFY2025
−51.8% year over year
Last 12 mo $13.56M
-380.85%FY2025
−210.9 percentage points
Last 12 mo -741.58%
$-87.87MFY2025
−12.6% year over year
Last 12 mo $-93.46M
-55.40%FY2025
−22.2 percentage points
Last 12 mo -83.03%
Cash & financing
$-88.89MFY2025
+18.5% year over year
Last 12 mo $-85.49M
$-89.47MFY2025
+20.3% year over year
Last 12 mo $-85.80M
—
37.3MFY2025
+12.8% year over year
Last 12 mo 37.6M

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 Metagenomi Therapeutics, Inc. does

In the company’s own words

Metagenomi Therapeutics, Inc. (Nasdaq: MGX) is an in vivo genome-editing company developing genetic medicines for patients with genetically driven diseases. Its wholly owned lead program, MGX-001, is designed as a one-time treatment for hemophilia A, using genome editing to insert a factor VIII gene into liver cells; the company is also evaluating this system for other secreted protein deficiencies. Its partnered programs with Ionis target cardiometabolic diseases and aim to reduce disease-associated proteins through gene knockout. Metagenomi’s technologies include programmable nucleases, base editors, RNA-mediated integration systems and DNA-mediated integration systems, discovered using metagenomics and enhanced with machine learning and artificial intelligence. It has generated more than 20,000 signature gene-editing systems from its proprietary metagenomics database. The company focuses on research and development and does not describe reportable business segments. Its history includes regaining rights to its base-editing and RNA-mediated integration technologies after ending its Moderna collaboration in 2024, followed by a 2025 strategic reprioritization around MGX-001 and later-stage preclinical programs. Its website is https://ir.metagenomi.co/.

Company details
Sector
Health Care
Industry (SIC)
Biological Products
Headquarters
EMERYVILLE, CA
Fiscal year end
December
CIK
1785279
SIC
2836

Financial performance, year by year

Fiscal 2024–2025 · USD
$-108.04M$-64.31M$-20.58M$23.14M$66.87M20242025Last 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 Metagenomi Therapeutics, Inc. — and what changed

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

13
funds hold it
0 of 35
superinvestors hold it
$2.28M
held by funds, at market
5.0%
of shares held by funds

Largest fund holders · Metagenomi Therapeutics, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Ultra-Small Company Fund
BRUSX · Bridgeway Funds, Inc.
0.39%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%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.

Connected research

Put this business in context.

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