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

Spyre Therapeutics posted quarterly Research & Development of $60.4 million for Q1 2026, up 45.14% year-on-year from $41.6 million in Q1 2025, and up 35.34% on a QoQ basis from $44.6 million in Q4 2025.

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

  • For the quarter ending Q1 2026, Research & Development rose 45.14% year-over-year to $60.4 million; the trailing twelve-month figure through Mar 2026 stood at $190.4 million (up 12.36% YoY), and the FY2025 full-year result was $171.7 million, up 5.44% from the prior year.
  • Research & Development for Q1 2026 stood at $60.4 million, up from $44.6 million in the prior quarter.
  • Across five years, Research & Development topped out at $60.4 million in Q1 2026 and bottomed at $12.0 million in Q3 2022.
  • The 5-year median for Research & Development is $33.7 million (2023), against an average of $31.9 million.
  • The widest annual swing landed in 2022, when Research & Development fell 19.36%; it then surged 153.54% in 2024.
  • A 5-year view of Research & Development shows it stood at $14.3 million in 2022, then jumped by 136.35% to $33.7 million in 2023, then jumped by 49.88% to $50.5 million in 2024, then slipped by 11.58% to $44.6 million in 2025, then surged 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 626,092.00
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.32 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -101.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 1.46 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 961.60 Mn
7 Evaxion A 62.56 Bn 62.54 Bn - -2.30 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 1.54 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 364.87 Mn
10 Spyre Therapeutics 5.55 Bn 5.55 Bn - 60.41 Mn

Historic Data

Download Data 🔒
DateValue
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
Jun 30, 2021 13.58 Mn
Mar 31, 2021 11.86 Mn
Dec 31, 2020 15.76 Mn
Sep 30, 2020 12.45 Mn
Jun 30, 2020 16.87 Mn
Mar 31, 2020 14.56 Mn
Dec 31, 2019 17.57 Mn
Sep 30, 2019 17.84 Mn
Jun 30, 2019 14.81 Mn
Mar 31, 2019 14.39 Mn
Dec 31, 2018 11.80 Mn
Sep 30, 2018 8.93 Mn
Jun 30, 2018 9.12 Mn
Mar 31, 2018 6.87 Mn
Dec 31, 2017 5.79 Mn
Sep 30, 2017 6.24 Mn
Jun 30, 2017 5.84 Mn
Mar 31, 2017 4.95 Mn
Dec 31, 2016 4.74 Mn
Sep 30, 2016 5.39 Mn
Jun 30, 2016 4.42 Mn
Mar 31, 2016 3.60 Mn
Dec 31, 2015 3.97 Mn
Sep 30, 2015 3.13 Mn
Jun 30, 2015 2.74 Mn
Mar 31, 2015 1.62 Mn