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Companies / Healthcare / Tango Therapeutics, Inc.
TNGX

Tango Therapeutics, Inc.

HealthcarePharmaceutical Preparations
Ticker TNGXBOSTON, MAFiscal year ends DecemberBook value per share $6.89Diluted shares 148.7M

Tango Therapeutics, Inc. (NASDAQ: TNGX) is a precision oncology company focused on discovering and developing targeted therapies for patients with genetically defined cancers. The company's website is located at tangotx.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$62.38M
+48.3% year over year
Last 12 mo $53.81M
-178.39%
+167.7 percentage points
Last 12 mo -253.38%
$-101.59M
+22.0% year over year
Last 12 mo $-123.72M
-29.35%
+36 percentage points
Last 12 mo -12.08%
Cash & financing
$-138.89M
−5.6% year over year
Last 12 mo $-143.90M
$-139.93M
−5.8% year over year
Last 12 mo $-144.25M
—
116.2M
+6.4% year over year
Last 12 mo 148.7M

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 Tango Therapeutics, Inc. does

In the company’s own words

Tango Therapeutics, Inc. (NASDAQ: TNGX) is a precision oncology company focused on discovering and developing targeted therapies for patients with genetically defined cancers. The company's website is located at tangotx.com.

Tango leverages its proprietary target discovery platform and synthetic lethality approach to identify novel disease-relevant targets and develop small molecule inhibitors designed to selectively kill cancer cells harboring specific genetic alterations while sparing normal cells. The company's core strategy centers on exploiting pairs of genes or pathways in which one is inactivated by a tumor-specific alteration and the other is inhibited pharmacologically, thereby maximizing therapeutic benefit while minimizing toxicity to healthy tissue.

The company's clinical pipeline is anchored by two MTAP-deleted selective PRMT5 inhibitors. Vopimetostat (TNG462) is being evaluated as both a monotherapy and in combination with RAS inhibitors for non-CNS cancers, particularly pancreatic and lung cancer. TNG456 is a next-generation, brain-penetrant PRMT5 inhibitor focused on central nervous system cancers, including glioblastoma. The company is also developing TNG260, a first-in-class CoREST inhibitor targeting STK11 mutant lung cancer, and TNG961, a molecular glue development candidate targeting HBS1L for degradation in FOCAD-deleted and MTAP-deleted cancers.

Tango's addressable market encompasses approximately 60,000 annual patients in the United States across its primary development indications, with an additional 7,000 patients annually for glioblastoma. The company does not own or operate manufacturing facilities and relies on third-party contract development and manufacturing organizations for production of its investigational products.

The company maintains an intellectual property portfolio consisting of multiple patent families covering its PRMT5 and CoREST inhibitors, with expected patent expirations ranging from 2039 to 2045. Tango was formed through a merger with BCTG Acquisition Corp. in August 2021 and operates as a smaller reporting company within the biopharmaceutical industry.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
BOSTON, MA
Fiscal year end
December
CIK
1819133
SIC
2834

Financial performance, year by year

Fiscal 2021–2025 · USD
$-149.57M$-91.76M$-33.96M$23.85M$81.65M20212022202320242025Last 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 Tango Therapeutics, Inc. — and what changed

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

213
funds hold it
0 of 35
superinvestors hold it
$1.08B
held by funds, at market
23.0%
of shares held by funds

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

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.14%of fund net assets
0.84%of fund net assets
Fidelity Growth Company Fund
FDGRX · Fidelity Mt. Vernon Street Trust
0.06%of fund net assets
Select Biotechnology Portfolio
FBIOX · Fidelity Select Portfolios
0.98%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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