Dyne Therapeutics (DYN) Operating Expenses (2019 - 2026)

Dyne Therapeutics (DYN) posted quarterly Operating Expenses of $181.7 million for Q2 2026, up 56.89% year-over-year from $115.8 million in Q2 2025, and up 45.01% quarter-over-quarter from $125.3 million in Q1 2026.

Dyne Therapeutics (DYN) Operating Expenses (2019 - 2026) Analysis & Trends

Dyne Therapeutics (DYN) has reported Operating Expenses for 8 consecutive years, with $181.7 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Operating Expenses rose 56.89% year-over-year to $181.7 million; the TTM figure through Jun 2026 stood at $537.0 million (up 21.78% YoY), while the FY2025 annual figure was $468.2 million, up 36.15% from the prior year.
  • Operating Expenses grew to $181.7 million in Q2 2026 per DYN's latest filing, from $125.3 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $181.7 million in Q2 2026 and bottomed at $35.8 million in Q1 2022.
  • Historically, Operating Expenses has averaged $85.1 million across 5 years, with a median of $70.6 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses retreated 22.74% — and 2025, when it soared 76.95%.
  • Dyne Therapeutics' Operating Expenses stood at $40.1 million in 2022, then jumped by 68.61% to $67.7 million in 2023, then jumped by 43.46% to $97.1 million in 2024, then gained by 19.59% to $116.1 million in 2025, then jumped by 56.43% to $181.7 million in 2026.
  • Business Quant data shows DYN's Operating Expenses at $181.7 million in Q2 2026, $125.3 million in Q1 2026, and $116.1 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 2.09 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 3.00 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 2.89 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - 505.13 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 1.21 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 4,978.15
7 Royalty Pharma 33.72 Bn 35.84 Bn - 541.02 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 1.06 Bn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 427.03 Mn
10 Dyne Therapeutics 4.26 Bn 4.26 Bn - 181.66 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 181.66 Mn
Mar 31, 2026 125.28 Mn
Dec 31, 2025 116.13 Mn
Sep 30, 2025 113.89 Mn
Jun 30, 2025 115.79 Mn
Mar 31, 2025 122.37 Mn
Dec 31, 2024 97.11 Mn
Sep 30, 2024 105.66 Mn
Jun 30, 2024 71.96 Mn
Mar 31, 2024 69.16 Mn
Dec 31, 2023 67.69 Mn
Sep 30, 2023 62.27 Mn
Jun 30, 2023 66.74 Mn
Mar 31, 2023 45.46 Mn
Dec 31, 2022 40.15 Mn
Sep 30, 2022 42.28 Mn
Jun 30, 2022 52.76 Mn
Mar 31, 2022 35.78 Mn
Dec 31, 2021 51.96 Mn
Sep 30, 2021 42.77 Mn