Dyne Therapeutics DYN
NASDAQ DYN
$24.41 -0.55 (-2.18%)
As of: Sep 4, 2026 · 12:49 PM EDT

Dyne Therapeutics (DYN) Research & Development (2019 - 2026)

Dyne Therapeutics (DYN) posted quarterly Research & Development of $152.2 million for Q2 2026, up 53.34% year-over-year from $99.2 million in Q2 2025, and up 50.83% quarter-over-quarter from $100.9 million in Q1 2026.

Analysis

Dyne Therapeutics (DYN) Research & Development (2019 - 2026) Analysis & Trends

Dyne Therapeutics (DYN) has reported Research & Development for 8 consecutive years, with $152.2 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Research & Development rose 53.34% year-over-year to $152.2 million; the TTM figure through Jun 2026 stood at $445.7 million (up 17.2% YoY), while the FY2025 annual figure was $398.3 million, up 41.55% from the prior year.
  • Research & Development improved to $152.2 million in Q2 2026 per DYN's latest filing, from $100.9 million in the prior quarter.
  • Across five years, Research & Development topped out at $152.2 million in Q2 2026 and bottomed at $28.2 million in Q1 2022.
  • Historically, Research & Development has averaged $71.5 million across 5 years, with a median of $60.7 million in 2023.
  • Annual changes were most pronounced in 2022 — Research & Development retreated 21.54% — and 2025, when it surged 139.0%.
  • Dyne Therapeutics' Research & Development stood at $33.2 million in 2022, then surged by 77.29% to $58.8 million in 2023, then surged by 39.02% to $81.8 million in 2024, then advanced by 16.66% to $95.4 million in 2025, then surged by 59.45% to $152.2 million in 2026.
  • Business Quant data shows DYN's Research & Development at $152.2 million in Q2 2026, $100.9 million in Q1 2026, and $95.4 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Vertex Pharmaceuticals 139.76 Bn 131.91 Bn 2.84 Bn 993.80 Mn
2 Regeneron Pharmaceuticals 85.72 Bn 77.72 Bn 3.93 Bn 1.63 Bn
3 Argenx Se 63.56 Bn 58.38 Bn 1.37 Bn -486.00 Mn
4 Moderna 57.87 Bn 52.73 Bn 52.00 Mn 651.00 Mn
5 Revolution Medicines 44.06 Bn 44.06 Bn - 394.92 Mn
6 BeOne Medicines 40.08 Bn 34.98 Bn 1.53 Bn 612.28 Mn
7 Alnylam Pharmaceuticals 35.50 Bn 32.20 Bn 992.69 Mn 413.13 Mn
8 Royalty Pharma 28.54 Bn 27.70 Bn - 97.90 Mn
9 Insmed 27.49 Bn 26.33 Bn 358.27 Mn 210.03 Mn
10 Dyne Therapeutics 4.04 Bn 4.04 Bn - 152.17 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 152.17 Mn
Mar 31, 2026 100.89 Mn
Dec 31, 2025 95.43 Mn
Sep 30, 2025 97.22 Mn
Jun 30, 2025 99.24 Mn
Mar 31, 2025 106.45 Mn
Dec 31, 2024 81.81 Mn
Sep 30, 2024 92.80 Mn
Jun 30, 2024 62.26 Mn
Mar 31, 2024 44.54 Mn
Dec 31, 2023 58.84 Mn
Sep 30, 2023 55.25 Mn
Jun 30, 2023 59.13 Mn
Mar 31, 2023 37.54 Mn
Dec 31, 2022 33.19 Mn
Sep 30, 2022 34.67 Mn
Jun 30, 2022 46.66 Mn
Mar 31, 2022 28.24 Mn
Dec 31, 2021 42.30 Mn
Sep 30, 2021 36.51 Mn