Tango Therapeutics, Inc. balance sheet
At the end of fiscal 2025, Tango Therapeutics, Inc. had total assets of $399m, total liabilities of $52.5m and shareholders' equity of $346m. It held $112m in cash against $0 of debt.
Balance sheet
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | 28 | 143 | 60 | 66 | 70 | 112 | 346 |
| Receivables | 2 | 2 | 2 | — | — | — | — |
| Total current assets | 194 | 492 | 375 | 347 | 266 | 354 | 1,032 |
| Total assets | 207 | 500 | 436 | 403 | 316 | 399 | 1,074 |
| Accounts payable | 2 | 3 | 4 | 3 | 2 | 1 | 2 |
| Deferred revenue (current) | 32 | 26 | 32 | 26 | 18 | 0 | — |
| Total current liabilities | 41 | 41 | 56 | 46 | 38 | 22 | 20 |
| Total debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 169 | 155 | 187 | 149 | 117 | 53 | 49 |
| Shareholders' equity | 39 | 345 | 249 | 253 | 200 | 346 | 1,025 |
| Shares outstanding | — | — | 88m | 102m | 108m | 136m | — |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 301 | 266 | 225 | 190 | 164 | 354 | 392 | 1,032 |
| Total assets | 352 | 316 | 274 | 238 | 210 | 399 | 436 | 1,074 |
| Accounts payable | 4 | 2 | 3 | 3 | 2 | 1 | 2 | 2 |
| Deferred revenue (current) | 16 | 18 | 19 | 23 | 0 | 0 | — | — |
| Total current liabilities | 38 | 38 | 36 | 40 | 18 | 22 | 14 | 20 |
| Total liabilities | 123 | 117 | 108 | 103 | 50 | 53 | 44 | 49 |
| Shareholders' equity | 229 | 200 | 167 | 135 | 160 | 346 | 392 | 1,025 |
| Shares outstanding | 107m | 108m | 108m | 111m | 112m | 136m | 144m | 168m |
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