Metagenomi, Inc.

Metagenomi, Inc.MGXEarnings & Financial Report

Nasdaq · Health Care · Biological Products, (No Diagnostic Substances)

Metagenomi, Inc. is a clinical-stage biotechnology company focused on developing metagenomics-powered gene editing therapeutics. It leverages massive microbial genome datasets to identify novel, precise CRISPR and alternative gene editing tools, advancing pipelines of in vivo and ex vivo therapies for both rare and common genetic diseases for global biopharma markets.

Revenue

$8.5M

Gross Profit

N/A

Operating Profit

$-21.0M

Net Profit

$-19.9M

Gross Margin

N/A

Operating Margin

-246.5%

Net Margin

-233.9%

YoY Growth

-57.5%

EPS

$-0.54

Metagenomi, Inc. Q2 FY2025 Financial Summary

Metagenomi, Inc. reported revenue of $8.5M (down 57.5% YoY) for Q2 FY2025, with a net profit of $-19.9M (down 85.4% YoY) (-233.9% margin).

Key Financial Metrics

Total Revenue$8.5M
Net Profit$-19.9M
Gross MarginN/A
Operating Margin-246.5%
Report PeriodQ2 FY2025

Revenue Breakdown

Metagenomi, Inc. Q2 FY2025 revenue of $8.5M breaks down across 2 segments, led by Ionis at $8.2M (96.3% of total).

SegmentRevenue% of Total
Ionis$8.2M96.3%
Other$311.0K3.7%

Metagenomi, Inc. Revenue by Segment — Quarterly Trend

Metagenomi, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Ionis and Other) has evolved quarter over quarter.

SegmentQ4 FY2025Q3 FY2025Q2 FY2025Q1 FY2025
Ionis$8.5M$8.2M$4.0M
Other$311.0K$153.0K

Metagenomi, Inc. Annual Revenue by Year

Metagenomi, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $25.2M).

YearAnnual Revenue
2025$25.2M
2024$52.3M

Metagenomi, Inc. Quarterly Revenue & Net Profit History

Metagenomi, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$3.9M-59.3%$-22.5M-576.0%
Q3 FY2025$8.7M-24.8%$-20.4M-235.5%
Q2 FY2025$8.5M-57.5%$-19.9M-233.9%
Q1 FY2025$4.1M-63.0%$-25.0M-606.7%
Q4 FY2024$9.6M$-23.4M-243.4%
Q3 FY2024$11.5M$-18.8M-163.0%
Q2 FY2024$20.0M$-10.7M-53.7%
Q1 FY2024$11.2M$-25.1M-225.4%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$11.2M$20.0M$11.5M$9.6M$4.1M$8.5M$8.7M$3.9M
YoY GrowthN/AN/AN/AN/A-63.0%-57.5%-24.8%-59.3%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$415.4M$385.9M$358.3M$324.6M$297.9M$272.3M$247.9M$221.1M
Liabilities$139.8M$116.5M$102.6M$89.7M$85.2M$76.5M$69.5M$62.5M
Equity$275.6M$269.4M$255.8M$234.9M$212.7M$195.8M$178.4M$158.6M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-29.9M$-26.3M$-26.6M$-26.3M$-22.8M$-21.3M$-21.3M$-23.5M