Overview
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- TickerTGTX on Nasdaq1
- IndustryPharmaceutical Preparations1
- HeadquartersNew York City1
- Websitetgtherapeutics.com
- Incorporated inDE4
- Business address2 Gansevoort Street, 9Th Floor, New York, Ny 100144
- Filer categoryLarge accelerated filer4
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Product brought in 97% of the revenue TG Therapeutics broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Product | $92.0M | $313.7M | $606.9M |
| License | $141.7M | $15.3M | $9.4M |
| Royalty | $0 | $801.0K | $5.6M |
| Other Revenue | $1.5M | $1.8M | $3.6M |
| License revenue | $140.2M | $152.0K | $152.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue8¢$100.7M
- Research and development13¢$160.2M
- Selling, general and admin18¢$232.0M
- Income tax27¢$339.8M
- Profit35¢$447.2M
Out of $616.3M in revenue.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $616.3M | $329.0M | $233.7M |
| Cost of revenue | $100.7M | $38.5M | $14.1M |
| Noncash compensation | $16.6M | $11.2M | $13.0M |
| Other research and development | $143.6M | $83.1M | $63.2M |
| Total research and development | $160.2M | $94.3M | $76.2M |
| Noncash compensation | $48.1M | $31.4M | $24.9M |
| Other selling, general and administrative | $184.0M | $122.9M | $97.8M |
| Total selling, general and administrative | $232.0M | $154.3M | $122.7M |
| Total costs and expenses | $493.0M | $287.1M | $213.0M |
| Operating income | $123.3M | $41.9M | $20.6M |
| Interest expense | $26.7M | $24.0M | $12.6M |
| Other income | -$10.8M | -$7.7M | -$5.0M |
| Total other expense | $15.9M | $16.3M | $7.6M |
| Net income before taxes | $107.4M | $25.6M | $13.1M |
| Income tax benefit (expense) | $339.8M | -$2.2M | -$390.0K |
| Net income | $447.2M | $23.4M | $12.7M |
| Basic (in dollars per share) | $3.10 | $0.16 | $0.09 |
| Diluted (in dollars per share) | $2.77 | $0.15 | $0.09 |
| Basic (in shares) | 144.3M shares | 145.3M shares | 142.0M shares |
| Diluted (in shares) | 161.4M shares | 160.3M shares | 148.5M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $79.1M | $179.9M | $92.9M | |
| Short-term investment securities | $62.8M | $131.1M | ||
| Accounts receivable, net | $305.6M | $129.2M | ||
| Inventory | $125.6M | $110.5M | ||
| Other current assets | $57.6M | $15.7M | ||
| Total current assets | $630.8M | $566.4M | ||
| Restricted cash | $1.3M | $1.3M | ||
| Long-term investment securities | $59.1M | $808.0K | ||
| Right of use assets | $6.3M | $7.2M | ||
| Deferred tax assets | $348.0M | $0 | ||
| Long-term Inventory | $15.7M | $0 | ||
| Other noncurrent assets | $2.0M | $2.1M | ||
| Total assets | $1.1B | $577.7M | ||
| Accounts payable and accrued expenses | $107.5M | $58.3M | ||
| Other current liabilities | $2.1M | $4.6M | ||
| Lease liability current portion | $1.0M | $1.2M | ||
| Deferred revenue - current portion | $21.2M | $11.4M | ||
| Accrued compensation | $21.9M | $15.2M | ||
| Total current liabilities | $153.8M | $90.7M | ||
| Deferred revenue, non-current portion | $8.8M | $12.1M | ||
| Loan payable non-current | $245.6M | $244.4M | ||
| Lease liability non-current | $7.0M | $8.1M | ||
| Total liabilities | $415.2M | $355.3M | ||
| Common stock, $0.001 par value per share (190,000,000 and 190,000,000 shares authorized, 158,849,596 and 156,204,159 shares issued, 155,305,953 and 155,836,256 shares outstanding at December 31, 2025 and December 31, 2024, respectively) | $159.0K | $156.0K | ||
| Additional paid-in capital | $1.8B | $1.8B | ||
| Treasury stock, at cost, 3,543,643 and 367,903 shares at December 31, 2025 and December 31, 2024 | -$100.2M | -$9.0M | ||
| Accumulated deficit | -$1.1B | -$1.5B | ||
| Total stockholders equity | $648.0M | $222.4M | $160.5M | $58.6M |
| Total liabilities and stockholders equity | $1.1B | $577.7M | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, authorized (in shares) | 190.0M shares | 190.0M shares | ||
| Common stock, issued (in shares) | 158.8M shares | 156.2M shares | ||
| Common stock, outstanding (in shares) | 155.3M shares | 155.8M shares | ||
| Treasury stock, shares (in shares) | 3.5M shares | 367.9K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $79.1M | $179.9M | $92.9M | |
| Short-term investment securities | $62.8M | $131.1M | ||
| Accounts receivable, net | $305.6M | $129.2M | ||
| Inventory | $125.6M | $110.5M | ||
| Other current assets | $57.6M | $15.7M | ||
| Total current assets | $630.8M | $566.4M | ||
| Restricted cash | $1.3M | $1.3M | ||
| Long-term investment securities | $59.1M | $808.0K | ||
| Right of use assets | $6.3M | $7.2M | ||
| Deferred tax assets | $348.0M | $0 | ||
| Long-term Inventory | $15.7M | $0 | ||
| Other noncurrent assets | $2.0M | $2.1M | ||
| Total assets | $1.1B | $577.7M | ||
| Accounts payable and accrued expenses | $107.5M | $58.3M | ||
| Other current liabilities | $2.1M | $4.6M | ||
| Lease liability current portion | $1.0M | $1.2M | ||
| Deferred revenue - current portion | $21.2M | $11.4M | ||
| Accrued compensation | $21.9M | $15.2M | ||
| Total current liabilities | $153.8M | $90.7M | ||
| Deferred revenue, non-current portion | $8.8M | $12.1M | ||
| Loan payable non-current | $245.6M | $244.4M | ||
| Lease liability non-current | $7.0M | $8.1M | ||
| Total liabilities | $415.2M | $355.3M | ||
| Common stock, $0.001 par value per share (190,000,000 and 190,000,000 shares authorized, 158,849,596 and 156,204,159 shares issued, 155,305,953 and 155,836,256 shares outstanding at December 31, 2025 and December 31, 2024, respectively) | $159.0K | $156.0K | ||
| Additional paid-in capital | $1.8B | $1.8B | ||
| Treasury stock, at cost, 3,543,643 and 367,903 shares at December 31, 2025 and December 31, 2024 | -$100.2M | -$9.0M | ||
| Accumulated deficit | -$1.1B | -$1.5B | ||
| Total stockholders equity | $648.0M | $222.4M | $160.5M | $58.6M |
| Total liabilities and stockholders equity | $1.1B | $577.7M | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, authorized (in shares) | 190.0M shares | 190.0M shares | ||
| Common stock, issued (in shares) | 158.8M shares | 156.2M shares | ||
| Common stock, outstanding (in shares) | 155.3M shares | 155.8M shares | ||
| Treasury stock, shares (in shares) | 3.5M shares | 367.9K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | -$447.2M | -$23.4M | -$12.7M |
| Loss on extinguishment of debt | $0 | $4.6M | $0 |
| Noncash stock compensation expense | $64.7M | $42.5M | $37.9M |
| Depreciation and amortization | $59.0K | $68.0K | $211.0K |
| Amortization of discount on investment securities | -$3.8M | -$7.0M | -$2.2M |
| Amortization of debt issuance costs | $1.2M | $2.0M | $2.4M |
| Amortization of leasehold interest | $185.0K | $212.0K | $212.0K |
| Deferred income taxes | $348.0M | $0 | $0 |
| Noncash change in lease liability and right of use asset | $1.7M | $1.9M | $2.0M |
| Change in fair value of equity investments | $298.0K | $754.0K | $0 |
| Change in fair value of notes payable | $27.0K | $304.0K | $113.0K |
| Change in inventory reserve | $6.2M | $0 | $0 |
| Increase in inventory | -$33.5M | -$66.9M | -$36.9M |
| Increase in other current assets | -$42.4M | -$6.3M | -$2.8M |
| Increase in accounts receivable | -$176.4M | -$78.1M | -$51.1M |
| Increase in accounts payable and accrued expenses | $55.9M | $22.8M | $192.0K |
| Decrease in lease liabilities | -$2.1M | -$2.4M | -$2.4M |
| (Decrease) increase in other current liabilities | -$2.4M | $4.0M | $2.7M |
| Increase in deferred revenue | $6.4M | $17.5M | $5.7M |
| Net cash used in operating activities | -$24.8M | -$40.5M | -$31.4M |
| Proceeds from maturity of held-to-maturity securities | $237.5M | $310.9M | $96.2M |
| Investment in held-to-maturity securities | -$222.2M | -$310.5M | -$146.9M |
| Investment in equity investments | -$1.2M | -$1.4M | $0 |
| Purchases of Property, Plant and Equipment | -$214.0K | -$45.0K | $0 |
| Net cash provided by (used in) investing activities | $13.8M | -$1.0M | -$50.7M |
| Payment of loan payable | $0 | -$107.6M | $0 |
| Issuance of common stock, net | $0 | $0 | $46.3M |
| Proceeds from exercise of options | $1.5M | $914.0K | $1.5M |
| Proceeds from debt financings | $0 | $244.8M | $25.0M |
| Financing costs paid | $0 | -$889.0K | -$125.0K |
| Purchase of treasury stock | -$91.2M | -$8.8M | $0 |
| Net cash (used in) provided by financing activities | -$89.7M | $128.5M | $72.7M |
| NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | -$100.7M | $87.0M | -$9.4M |
| Interest | $24.2M | $18.5M | $8.8M |
| Income taxes | $7.9M | $500.0K | $0 |
| Deferred Financing Costs | $0 | $0 | $1.2M |
| Warrants issued with debt financing | $0 | $0 | $595.0K |
No quarter-by-quarter statement was filed.
Leadership
Who has led TG Therapeutics, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
Chief financial officer
Chief operating officer
- Chief executive officerMichael S. Weiss Jan 2, 2013 to now13
- Chief executive officerDouglas Abel Jul 10, 2006 to Sep 15, 200814
- ChairMichael S. Weiss Jan 2, 2013 to Jan 2, 201313
- PresidentMichael S. Weiss Jan 4, 2017 to Aug 14, 202315
- PresidentDouglas Abel Jul 10, 2006 to Sep 15, 200814
- Chief financial officerSean A. Power Jan 9, 2012 to now16
- Chief financial officerMichael McGuinness Jul 11, 2006 to Mar 10, 201017
- Chief operating officerMichael McGuinness Mar 10, 2010 to Mar 10, 201018
Board members and other officers (18)
- OfficerMichael S. Weiss Jan 9, 2012 to Sep 1, 201619
- Board memberSagar Lonial Jul 2, 2020 to now20
- Board memberDaniel Hume Jun 17, 2015 to now21
- Board memberKenneth Hoberman Dec 23, 2014 to now22
- Board memberMichael S. Weiss Jan 9, 2012 to now19
- Board memberLaurence N. Charney Apr 26, 2012 to now23
- Board memberWilliam James Kennedy Apr 26, 2012 to Jun 24, 202024
- Board memberMark Schoenebaum Apr 27, 2012 to Jun 28, 201825
- Board memberYann Echelard Dec 7, 2012 to now26
- Board memberDavid Shimko Mar 22, 2010 to Mar 22, 201027
- Board memberMalcolm Morville Mar 22, 2010 to Mar 22, 201028
- Board memberRichard I. Steinhart Jan 31, 2007 to Mar 10, 201029
- Board memberJoan Pons Gimbert Feb 2, 2007 to Feb 2, 200730
- Board memberMalcolm Hoenlein Apr 27, 2007 to Mar 28, 200831
- Board memberNeil Herskowitz Jan 12, 2006 to Jun 10, 201432
- Board memberMichael Weiser Feb 2, 2006 to Sep 15, 200833
- Board memberTimothy McInerney Feb 2, 2006 to Mar 10, 201034
- Board memberDouglas Abel Jul 10, 2006 to Mar 10, 201014
Former names
Timeline
Filings
174 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 35 major events, 58 insider forms, 21 large holders, 39 other. The latest 20:
- Sep 14, 20264 EDGAR
- Sep 10, 2026144 EDGAR
- Aug 7, 20264 EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 3, 20268-K EDGAR
- Jun 15, 20264 EDGAR
- Jun 15, 20264 EDGAR
- Jun 15, 20264 EDGAR
- Jun 15, 20264 EDGAR
- Jun 15, 20264 EDGAR
- Jun 12, 20268-K EDGAR
- Jun 3, 20268-K EDGAR
- May 27, 20268-K EDGAR
- May 6, 202610-Q EDGAR
- May 6, 20268-K EDGAR
- Apr 30, 2026DEF 14A EDGAR
- Apr 29, 2026SCHEDULE 13G EDGAR
- Mar 27, 2026SCHEDULE 13G/A EDGAR
- Mar 20, 20268-K EDGAR
- Feb 27, 202610-K EDGAR
The 174 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 21 such filings since October 2021, the latest 10:
- Apr 29, 2026SCHEDULE 13G
- Mar 27, 2026SCHEDULE 13G/A
- Nov 10, 2025SCHEDULE 13G
- May 13, 2025SCHEDULE 13G
- Jan 8, 2025SCHEDULE 13G/A
- Nov 14, 2024SC 13G/A
- Oct 7, 2024SC 13G/A
- Feb 14, 2024SC 13G/A
- Feb 13, 2024SC 13G/A
- Jan 26, 2024SC 13G/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 22,050,045 | $1.2B | 0.0% | −202,885 |
| Vanguard Portfolio Management LLC | 7,963,266 | $437.5M | 0.0% | −310,713 |
| State Street Corp | 7,786,471 | $427.8M | 0.0% | −863,295 |
| Vanguard Capital Management LLC | 6,149,403 | $337.8M | 0.0% | −453,855 |
| Geode Capital Management, LLC | 3,642,216 | $200.1M | 0.0% | +142,300 |
| D. E. Shaw & Co., Inc. | 3,400,808 | $186.8M | 0.1% | +2,810,761 |
| Soleus Capital Management, L.P. | 2,927,895 | $160.9M | 5.5% | −1,101,424 |
| Clearbridge Investments, LLC | 2,650,192 | $145.6M | 0.1% | −560,738 |
| Congress Asset Management Co | 2,600,123 | $142.9M | 0.9% | +432,042 |
| Two Sigma Investments, LP | 2,468,971 | $135.6M | 0.1% | +926,659 |
| Goldman Sachs Group Inc | 2,314,279 | $127.1M | 0.0% | +26,591 |
| Pictet Asset Management Holding SA | 1,785,951 | $98.1M | 0.1% | +38,578 |
| Jane Street Group, LLC | 1,752,646 | $96.3M | 0.1% | −289,023 |
| Nuveen, LLC | 1,625,876 | $89.3M | 0.0% | +178,798 |
| Morgan Stanley | 1,601,714 | $88.0M | 0.0% | +193,544 |
| Hood River Capital Management LLC | 1,600,510 | $87.9M | 0.6% | +31,339 |
| Northern Trust Corp | 1,537,059 | $84.4M | 0.0% | +94,480 |
| Charles Schwab Investment Management Inc | 1,313,103 | $72.1M | 0.0% | +18,048 |
| Bank Of America Corp /de/ | 1,309,788 | $72.0M | 0.0% | −151,514 |
| Dimensional Fund Advisors LP | 1,210,578 | $66.5M | 0.0% | +125,723 |
| Fmr LLC | 1,018,814 | $56.0M | 0.0% | +738,368 |
| Vanguard Fiduciary Trust Co | 961,750 | $52.8M | 0.0% | −6,916 |
| Barclays PLC | 957,848 | $52.6M | 0.0% | +841,191 |
| Bank of New York Mellon Corp | 900,482 | $49.5M | 0.0% | +13,177 |
| Bnp Paribas Financial Markets | 860,500 | $47.3M | 0.0% | −96,526 |
13F reports cover disclosed long positions in U.S. stocks only.
Links
- Websitetgtherapeutics.com1
- X (Twitter)x.com/TGTherapeutics1
- LinkedInwww.linkedin.com/company/tg-therapeutics1
- WikidataQ106301317
- SEC EDGARCIK 1001316
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataTG Therapeutics on Wikidata
- 2SEC EDGARTG Therapeutics filings on SEC EDGAR
- 3Company websiteTG Therapeutics logo
- 4SEC EDGARTG Therapeutics filings on SEC EDGAR
- 5SEC EDGARTG Therapeutics 10-K for fiscal 2025
- 6SEC EDGARTG Therapeutics 10-K for fiscal 2019
- 7SEC EDGARTG Therapeutics 10-K for fiscal 2020
- 8SEC EDGARTG Therapeutics 10-K for fiscal 2021
- 9SEC EDGARTG Therapeutics 10-K for fiscal 2022
- 10SEC EDGARTG Therapeutics 10-Q for fiscal 2026
- 11SEC EDGARTG Therapeutics 10-Q for fiscal 2026
- 12SEC EDGARTG Therapeutics 10-K for fiscal 2019
- 13
- 14
- 15SEC EDGARMichael S. Weiss, President
- 16
- 17
- 18
- 19SEC EDGARMichael S. Weiss, Officer
- 20SEC EDGARSagar Lonial, Board member
- 21SEC EDGARDaniel Hume, Board member
- 22SEC EDGARKenneth Hoberman, Board member
- 23SEC EDGARLaurence N. Charney, Board member
- 24SEC EDGARWilliam James Kennedy, Board member
- 25SEC EDGARMark Schoenebaum, Board member
- 26SEC EDGARYann Echelard, Board member
- 27SEC EDGARDavid Shimko, Board member
- 28SEC EDGARMalcolm Morville, Board member
- 29SEC EDGARRichard I. Steinhart, Board member
- 30SEC EDGARJoan Pons Gimbert, Board member
- 31SEC EDGARMalcolm Hoenlein, Board member
- 32SEC EDGARNeil Herskowitz, Board member
- 33SEC EDGARMichael Weiser, Board member
- 34SEC EDGARTimothy McInerney, Board member