Spyre Therapeutics SYRE
NASDAQ SYRE
$86.55 -0.70 (-0.80%)
As of: Sep 4, 2026 · 12:50 PM EDT

Spyre Therapeutics (SYRE) Research & Development (2015 - 2026)

Spyre Therapeutics' (SYRE) quarterly Research & Development came in at $60.4 million in Q1 2026, up 45.14% YoY from $41.6 million in Q1 2025, and up 35.34% on a QoQ basis from $44.6 million in Q4 2025.

Analysis

Spyre Therapeutics (SYRE) Research & Development (2015 - 2026) Analysis & Trends

Spyre Therapeutics (SYRE) has 12 years of Research & Development data on file, last reported at $60.4 million in Q1 2026.

  • Quarterly Research & Development rose 45.14% year-over-year to $60.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $190.4 million (up 12.36% YoY) and the FY2025 annual result came in at $171.7 million, up 5.44% from the prior year.
  • Research & Development advanced to $60.4 million in Q1 2026, from $44.6 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $60.4 million in Q1 2026 to a low of $12.0 million in Q3 2022.
  • A 5-year average of $31.9 million and a median of $33.7 million in 2023 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2022 — Research & Development fell 19.36% — and 2024, when it surged 153.54%.
  • Tracing SYRE's Research & Development over 5 years: stood at $14.3 million in 2022, then soared by 136.35% to $33.7 million in 2023, then soared by 49.88% to $50.5 million in 2024, then decreased by 11.58% to $44.6 million in 2025, then jumped by 35.34% to $60.4 million in 2026.
  • The last three Research & Development figures came in at $60.4 million (Q1 2026), $44.6 million (Q4 2025), and $45.2 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Vertex Pharmaceuticals 139.62 Bn 131.77 Bn 2.84 Bn 993.80 Mn
2 Regeneron Pharmaceuticals 85.73 Bn 77.73 Bn 3.93 Bn 1.63 Bn
3 Argenx Se 63.53 Bn 58.35 Bn 1.37 Bn -486.00 Mn
4 Moderna 58.23 Bn 53.09 Bn 52.00 Mn 651.00 Mn
5 Revolution Medicines 44.05 Bn 44.05 Bn - 394.92 Mn
6 BeOne Medicines 40.03 Bn 34.93 Bn 1.53 Bn 612.28 Mn
7 Alnylam Pharmaceuticals 35.50 Bn 32.19 Bn 992.69 Mn 413.13 Mn
8 Royalty Pharma 28.52 Bn 27.68 Bn - 97.90 Mn
9 Insmed 27.46 Bn 26.30 Bn 358.27 Mn 210.03 Mn
10 Spyre Therapeutics 7.35 Bn 7.35 Bn - 65.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 65.50 Mn
Mar 31, 2026 60.41 Mn
Dec 31, 2025 44.64 Mn
Sep 30, 2025 45.25 Mn
Jun 30, 2025 40.15 Mn
Mar 31, 2025 41.62 Mn
Dec 31, 2024 50.48 Mn
Sep 30, 2024 44.74 Mn
Jun 30, 2024 32.64 Mn
Mar 31, 2024 34.93 Mn
Dec 31, 2023 33.68 Mn
Sep 30, 2023 24.66 Mn
Jun 30, 2023 17.39 Mn
Mar 31, 2023 13.78 Mn
Dec 31, 2022 14.25 Mn
Sep 30, 2022 11.98 Mn
Jun 30, 2022 15.37 Mn
Mar 31, 2022 16.98 Mn
Dec 31, 2021 16.78 Mn
Sep 30, 2021 14.85 Mn