Company Analysis

MacroGenics, Inc. (MGNX)

Nasdaq: MGNX · Pharmaceutical Preparations · Rockville, MD · filing with the SEC since 2003
Grade5.6
◀ Past 6.3● Present 5.5▶ Future 4.9
1 est.

The grade of MacroGenics, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.6/10
◀ Past6.330% of the headline
● Present5.540% of the headline
▶ Future4.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.3/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
8.2/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 82nd percentile among 497 sector filers · read for itself

From the record

MacroGenics, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.9/10

What has it actually done, year after year?

+5.6% a year over 10 filed years; profitable in 0 of 10.

weight 45% of this tense · 39th percentile among 323 sector filers · read for its customers

From the record

MacroGenics, Inc.'s 10 filed years say what it did: revenue went from $92 million in fiscal 2016 to $150 million in fiscal 2025, up 5.6% a year; it rose in 5 of 9 years; the deepest fall was 63% from fiscal 2017 to fiscal 2023; net income was positive in 0 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span5.6%bottom 37% of its family
  • the share of years revenue rosebottom 44% of its family
  • the share of filed years with a profitbottom 27% of its family
  • the deepest fall from a revenue peak62.8%bottom 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
8.5/10

How has it treated the people who own it?

SI estimate 8.5/10, confidence 35 of 100 (one part).

weight 22% of this tense · 85th percentile among 464 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 15% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 464 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: MacroGenics, Inc.'s shareholder treatment is put at 8.5 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 15% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

5.5/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.4/10

Is it financially healthy right now?

ROE -134%: lost 134¢ per shareholder dollar. Leverage 78%: owes 78¢ per asset dollar.

weight 45% of this tense · 54th percentile among 473 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, MacroGenics, Inc. lost about 134 cents for every dollar of shareholders' money, and gross profitability: its products earned about 58 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 78 cents per dollar of assets, and net share issuance: its share count grew 0.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 18% of its family
  • return on equitybottom 25% of its family
  • gross profit against assetstop 11% of its family
  • the share count against the year beforetop 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.5/10

How strong is its position in its industry?

top 45% of 315 in its family; net margin -49.9%.

weight 33% of this tense · 55th percentile among 315 sector filers · read for its customers

From the record

MacroGenics, Inc.'s standing among 315 graded names in its industry family: revenue of $150 million in fiscal 2025 ranks in the top 32% by size; a net margin of -49.9% ranks in the top 40%; revenue growth of -0.5% a year over the last 3 filed years ranks in the bottom 37% (its annual reports).

What it rests on

  • revenue against the family$150Mtop 32% of its family
  • net margin-49.9%top 40% of its family
  • three-year revenue growth-0.5%bottom 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.5/10

What are the people in charge doing?

top 45% of 315 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 55th percentile among 315 sector filers · read for its shareholders

From the record

MacroGenics, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Risser, Eric Blasius (President and CEO, as filed), filing under that title since 2025-08-15, 1.2 years (bottom 17% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 9.6 years (top 9%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (top 42%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 18 peopletop 42% of its family
  • the median years the people in charge have filed9.6 yearstop 9% of its family
  • the chief executive's years on the record1.2 yearsbottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.2/10

How much room does it have to grow?

top 38% of 273 in its family for room to expand.

weight 45% of this tense · 62nd percentile among 273 sector filers · read for itself

From the record

MacroGenics, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $57 million against no long-term debt tagged leaves 22.3% of its assets as net cash, bottom 44% of its family; cash from operations less capital spending is -55.5% of revenue (top 45%); a gross margin of 100% (top 1%); research spending of 98.4% of revenue (bottom 49%) (its annual report).

What it rests on

  • cash less debt against assets22.3%bottom 44% of its family
  • cash from operations less capital spending against revenue-55.5%top 45% of its family
  • gross margin100.0%top 1% of its family
  • research spending against revenue98.4%bottom 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.8/10

What could actually drive growth from here?

bottom 38% of 306 in its family for growth drivers.

weight 33% of this tense · 38th percentile among 306 sector filers · read for its customers

From the record

MacroGenics, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -0.5% a year over the last three filed years against 5.6% over all 10, slowing (bottom 42% of its family); the newest year grew -0.3% (bottom 36%); research spending grew -10.7% a year (bottom 29%); capital spending grew -19.2% a year (bottom 46%) (its annual reports). MacroGenics, Inc. reported 3 product lines in fiscal 2025: Revenue From Collaborative Agreements at $87 million (58%), Contract Manufacturing at $53 million (35%), Revenue From Royality Agreements at $10 million (7%); 2 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-6.1 points a yearbottom 42% of its family
  • the newest year's revenue growth-0.3%bottom 36% of its family
  • three-year growth of research spending-10.7%bottom 29% of its family
  • three-year growth of capital spending-19.2%bottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.1/10

Did its newest year beat what its own record pointed to?

bottom 41% of 233 in its family for expectations against reality.

weight 22% of this tense · 41st percentile among 233 sector filers · read for its shareholders

From the record

MacroGenics, Inc.'s newest year against its own record: revenue of $150 million in fiscal 2025 came in 0.3% above the $149 million its prior three years' pace pointed to (top 45% of its family); net income of $75 million against a prior three-year average of $65 million (bottom 36%); a net margin of -49.9% against -46.3% before (bottom 33%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace0.3%top 45% of its family
  • net income against the prior three years' average-14%bottom 36% of its family
  • net margin against its prior average-3.6 pointsbottom 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton MGNX · research, not advice