Macrogenics Inc income statement
In fiscal 2025, Macrogenics Inc reported revenue of $150m, down 0.3% on the year before, operating income of −$72.8m (a -48.7% margin) and net income of −$74.6m, or −$1.18 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 57 | 64 | 58 | 48 | 101 | 92 | 158 | 60 | 64 | 105 | 77 | 152 | 59 | 150 | 150 | 168 |
| Cost of revenue | — | — | — | — | — | — | — | — | 0 | 0 | 3 | 3 | 1 | 1 | 0 | — |
| Gross profit | — | — | — | — | — | — | — | — | 64 | 105 | 75 | 149 | 58 | 149 | 150 | — |
| Research and development | 41 | 45 | 47 | 70 | 98 | 122 | 147 | 191 | 195 | 193 | 215 | 207 | 167 | 177 | 147 | 140 |
| General and administrative | 11 | 10 | 11 | 16 | 23 | 30 | 33 | 41 | 46 | 43 | 63 | 59 | 52 | 71 | 39 | 37 |
| Operating income | 5 | 8 | 0 | −38 | −20 | −60 | −22 | −171 | −177 | −131 | −203 | −121 | −168 | −111 | −73 | −41 |
| Interest expense | — | — | — | — | — | — | — | — | — | — | 0 | 0 | 1 | 1 | 9 | 17 |
| Income before tax | — | — | — | — | — | — | — | — | — | — | — | −120 | −9 | −66 | −75 | — |
| Income tax | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | −1 | — |
| Net income | 7 | 8 | −0 | −38 | −20 | −59 | −20 | −171 | −152 | −130 | −202 | −120 | −9 | −67 | −75 | −15 |
| Diluted EPS | $0.00 | $0.00 | −$0.01 | −$1.40 | −$0.63 | −$1.69 | −$0.54 | — | — | −$2.47 | −$3.37 | −$1.95 | −$0.15 | −$1.07 | −$1.18 | −$0.23 |
| Diluted shares (average) | 4m | 4m | 27m | 27m | 32m | 35m | 36m | 41m | 48m | 52m | 60m | 61m | 62m | 63m | 63m | 63m |
| EBITDA | 6 | 9 | 2 | −36 | −17 | −52 | −15 | −162 | −165 | −119 | −192 | −110 | −159 | −103 | −66 | −35 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 111 | 19 | 13 | 7 | 73 | 41 | 21 | 33 |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Gross profit | 111 | 19 | 13 | 7 | 73 | 41 | — | — |
| Research and development | 41 | 39 | 40 | 41 | 33 | 34 | 35 | 39 |
| General and administrative | 14 | 28 | 11 | 9 | 10 | 9 | 10 | 8 |
| Operating income | 54 | −53 | −43 | −43 | 19 | −12 | −33 | −14 |
| Interest expense | 0 | −0 | 0 | 1 | 3 | 4 | 5 | 4 |
| Income before tax | 56 | −14 | — | −43 | 17 | −15 | — | −70 |
| Income tax | 0 | 1 | — | 0 | 0 | −1 | — | 0 |
| Net income | 56 | −15 | −41 | −36 | 17 | −14 | −37 | 20 |
| Diluted EPS | $0.90 | −$0.25 | −$0.65 | −$0.57 | $0.27 | −$0.22 | −$0.58 | $0.31 |
| EBITDA | 56 | −51 | −41 | −41 | 20 | −10 | −32 | −13 |
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