Spyre Therapeutics SYRE
NASDAQ SYRE
$88.08 +0.83 (+0.95%)
As of: Sep 4, 2026 · 2:27 PM EDT

Spyre Therapeutics (SYRE) Operating Expenses (2015 - 2026)

Spyre Therapeutics' (SYRE) quarterly Operating Expenses came in at $45.6 million in Q1 2026, down 14.8% YoY from $53.6 million in Q1 2025, and down 20.17% on a QoQ basis from $57.2 million in Q4 2025.

Analysis

Spyre Therapeutics (SYRE) Operating Expenses (2015 - 2026) Analysis & Trends

Spyre Therapeutics (SYRE) has 12 years of Operating Expenses data on file, last reported at $45.6 million in Q1 2026.

  • Quarterly Operating Expenses fell 14.8% year-over-year to $45.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $201.6 million (down 5.94% YoY) and the FY2025 annual result came in at $209.6 million, changed 0.48% from the prior year.
  • Operating Expenses fell to $45.6 million in Q1 2026, from $57.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $159.9 million in Q2 2023 to a low of $18.3 million in Q3 2023.
  • A 5-year average of $46.7 million and a median of $45.6 million in 2026 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses jumped 593.92% — and 2024, when it plunged 72.4%.
  • Tracing SYRE's Operating Expenses over 5 years: stood at $19.3 million in 2022, then surged by 137.53% to $45.9 million in 2023, then soared by 33.41% to $61.3 million in 2024, then retreated by 6.66% to $57.2 million in 2025, then declined by 20.17% to $45.6 million in 2026.
  • The last three Operating Expenses figures came in at $45.6 million (Q1 2026), $57.2 million (Q4 2025), and $56.9 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertex Pharmaceuticals 138.78 Bn 130.92 Bn 2.84 Bn 2.09 Bn
2 Regeneron Pharmaceuticals 85.50 Bn 77.51 Bn 3.93 Bn 3.00 Bn
3 Argenx Se 63.51 Bn 58.32 Bn 1.37 Bn -1.05 Bn
4 Moderna 58.06 Bn 52.92 Bn 52.00 Mn 960.00 Mn
5 Revolution Medicines 44.04 Bn 44.04 Bn - 505.13 Mn
6 BeOne Medicines 40.04 Bn 34.94 Bn 1.53 Bn 1.21 Bn
7 Alnylam Pharmaceuticals 35.45 Bn 32.14 Bn 992.69 Mn 1.06 Bn
8 Royalty Pharma 28.41 Bn 27.57 Bn - 541.02 Mn
9 Insmed 27.42 Bn 26.26 Bn 358.27 Mn 427.03 Mn
10 Spyre Therapeutics 7.46 Bn 7.46 Bn - 41.64 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 41.64 Mn
Mar 31, 2026 45.64 Mn
Dec 31, 2025 57.17 Mn
Sep 30, 2025 56.89 Mn
Jun 30, 2025 41.94 Mn
Mar 31, 2025 53.57 Mn
Dec 31, 2024 61.25 Mn
Sep 30, 2024 55.39 Mn
Jun 30, 2024 44.15 Mn
Mar 31, 2024 47.77 Mn
Dec 31, 2023 45.91 Mn
Sep 30, 2023 18.34 Mn
Jun 30, 2023 159.93 Mn
Mar 31, 2023 19.00 Mn
Dec 31, 2022 19.33 Mn
Sep 30, 2022 18.93 Mn
Jun 30, 2022 23.05 Mn
Mar 31, 2022 25.80 Mn
Dec 31, 2021 24.09 Mn
Sep 30, 2021 21.69 Mn