Financial Statements — MGNX
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.11 | 0.07 | 0.08 | 0.13 | 0.15 | 0.18 | 0.08 | 0.08 | 0.09 | 0.11 | 0.22 | 0.08 | 0.02 | 0.05 | 0.19 | 0.19 | 0.22 |
| Accounts Receivable | 0.02 | 0.01 | 0.07 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.01 | 0.04 | 0.01 | 0.02 | 0.01 | 0.01 | 0.05 | 0.01 |
| Inventory | -- | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Total Current Assets | 0.32 | 0.18 | 0.23 | 0.20 | 0.18 | 0.22 | 0.16 | 0.20 | 0.29 | 0.25 | 0.29 | 0.15 | 0.17 | 0.22 | 0.33 | 0.37 | 0.37 |
| Property, Plant & Equipment | 0.00 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 |
| Total Non-current Assets* | 0.02 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 |
| Total Assets | 0.35 | 0.22 | 0.27 | 0.25 | 0.22 | 0.26 | 0.20 | 0.25 | 0.34 | 0.31 | 0.34 | 0.20 | 0.22 | 0.27 | 0.39 | 0.43 | 0.44 |
| Accounts Payable | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| Total Current Liabilities | 0.11 | 0.10 | 0.04 | 0.04 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.07 | 0.07 | 0.07 | 0.05 |
| Total Non-current Liabilities* | 0.19 | 0.10 | 0.16 | 0.16 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.19 | 0.02 | 0.02 | 0.03 | 0.03 | 0.04 | 0.03 |
| Total Liabilities | 0.30 | 0.20 | 0.20 | 0.20 | 0.15 | 0.14 | 0.14 | 0.14 | 0.15 | 0.13 | 0.23 | 0.07 | 0.08 | 0.09 | 0.10 | 0.11 | 0.08 |
| Retained Earnings | (1.26) | (1.28) | (1.23) | (1.25) | (1.21) | (1.15) | (1.21) | (1.15) | (1.06) | (1.07) | (1.13) | (1.11) | (1.08) | (1.04) | (0.92) | (0.86) | (0.82) |
| Total Stockholder Equity | 0.04 | 0.02 | 0.07 | 0.05 | 0.08 | 0.12 | 0.06 | 0.11 | 0.19 | 0.17 | 0.11 | 0.12 | 0.14 | 0.18 | 0.29 | 0.32 | 0.35 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 32.83 | 20.78 | 41.23 | 72.84 | 22.24 | 13.19 | 19.35 | 110.71 | 10.80 | 9.10 | 10.72 | 10.40 | 13.14 | 24.50 | 73.10 | 41.73 | 26.01 | 11.10 | 14.15 | 15.66 |
| Cost of Revenue | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.23 | 0.17 | 0.18 | 0.27 | 0.16 | 0.09 | 0.26 | 0.11 | 0.12 | 3.01 | 0.18 | 0.05 | 0.95 | 1.67 |
| Gross Profit | -- | -- | 41.23 | 72.84 | 22.24 | 13.19 | 19.12 | 110.54 | 10.62 | 8.83 | 10.56 | 10.31 | 12.88 | 24.38 | 72.98 | 38.73 | 25.83 | 11.05 | 13.20 | 14.00 |
| Research & Development | 38.78 | 34.97 | 33.97 | 32.71 | 40.79 | 39.70 | 38.89 | 40.54 | 51.73 | 46.03 | 47.35 | 30.13 | 43.23 | 45.87 | 45.65 | 48.19 | 51.74 | 61.44 | 55.85 | 49.82 |
| Selling, General & Admin | 7.90 | 9.71 | 9.24 | 9.90 | 9.30 | 10.72 | 27.81 | 14.10 | 14.42 | 14.71 | 12.56 | 12.41 | 13.69 | 13.53 | 13.67 | 15.36 | 13.67 | 16.25 | 15.58 | 17.16 |
| Total Operating Expenses | -- | -- | 53.32 | 54.20 | 59.00 | 55.82 | 71.96 | 56.35 | 68.80 | 62.58 | 59.91 | 45.81 | 57.84 | 62.81 | 61.00 | 63.68 | 67.64 | 77.69 | 71.44 | 66.98 |
| Operating Income | (13.85) | (33.44) | (12.09) | 18.64 | (36.76) | (42.62) | (52.84) | 54.19 | (58.18) | (53.75) | (49.35) | (35.50) | (44.96) | (38.43) | 11.98 | (24.95) | (41.81) | (66.64) | (58.24) | (52.99) |
| Interest Expense | 4.40 | 4.89 | -- | 3.34 | 0.80 | 0.09 | (0.02) | 0.00 | 0.01 | 1.13 | 0.00 | 0.00 | 0.77 | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | (69.64) | -- | (14.93) | 16.82 | (36.15) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Tax Provision | 0.00 | -- | (0.78) | 0.00 | 0.11 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | 19.52 | (36.77) | (14.15) | 16.82 | (36.25) | (41.04) | (15.42) | 56.31 | (55.66) | (52.19) | (46.07) | 17.55 | 57.47 | (38.01) | 12.80 | (24.81) | (41.30) | (66.44) | (58.02) | (52.89) |
| Basic EPS | 0.31 | (0.58) | (0.23) | 0.27 | (0.57) | (0.65) | (0.24) | 0.90 | (0.89) | (0.84) | (0.75) | 0.28 | 0.93 | (0.61) | 0.20 | (0.40) | (0.67) | (1.08) | -- | (0.86) |
| Diluted EPS | 0.31 | (0.58) | (0.23) | 0.27 | (0.57) | (0.65) | (0.24) | 0.90 | (0.89) | (0.84) | (0.74) | 0.28 | 0.92 | (0.61) | 0.20 | (0.40) | (0.67) | (1.08) | -- | (0.86) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (40.75) | (35.81) | 43.02 | (30.19) | (46.98) | (46.89) | (38.41) | 60.16 | (44.48) | (45.64) | (28.04) | (35.25) | (2.09) | (12.83) | 29.32 | (9.42) | (49.16) | (57.70) | (54.31) | (14.79) |
| Capital Expenditures | 0.81 | 0.34 | 0.24 | 0.43 | 0.72 | 0.53 | 0.62 | 0.59 | 1.03 | 1.46 | 0.62 | 0.50 | 0.29 | 0.36 | 0.39 | 0.80 | 1.01 | 1.42 | 1.38 | 2.13 |
| Free Cash Flow* | (41.55) | (36.15) | 42.78 | (30.61) | (47.70) | (47.42) | (39.03) | 59.57 | (45.52) | (47.10) | (28.66) | (35.74) | (2.37) | (13.19) | 28.93 | (10.23) | (50.17) | (59.11) | (55.68) | (16.93) |
| Investing Cash Flow | 27.97 | 45.32 | (65.99) | (20.37) | (37.64) | 9.90 | 41.47 | 35.60 | 47.44 | 24.79 | 38.82 | (33.52) | (113.48) | 28.10 | (5.79) | 71.95 | 23.04 | (18.48) | (13.55) | (2.62) |
| Financing Cash Flow | 60.17 | (0.21) | 0.06 | 0.00 | 69.74 | (0.28) | 0.16 | (0.07) | 0.63 | 0.25 | 0.27 | 49.91 | 0.06 | 100.12 | 1.36 | 0.00 | 0.26 | 0.04 | 0.80 | 18.97 |
* Derived from reported values
