Tenaya Therapeutics (TNYA) Operating Expenses (2020 - 2026)

Tenaya Therapeutics (TNYA) recorded quarterly Operating Expenses of $20.3 million in Q1 2026, down 2.33% quarter-over-quarter from $20.8 million in Q4 2025, and down 26.32% on a YoY basis from $27.5 million in Q1 2025.

Tenaya Therapeutics (TNYA) Operating Expenses (2020 - 2026) Analysis & Trends

Tenaya Therapeutics' Operating Expenses history runs 7 years deep, the most recent figure standing at $20.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 26.32% year-over-year to $20.3 million; the TTM figure through Mar 2026 stood at $86.1 million (down 21.55% YoY), while the FY2025 annual figure was $93.3 million, down 19.51% from the prior year.
  • Operating Expenses was $20.3 million for Q1 2026 at Tenaya Therapeutics, down from $20.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $35.1 million in Q2 2023 to a low of $20.3 million in Q1 2026.
  • Historically, Operating Expenses has averaged $28.6 million across 5 years, with a median of $30.8 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses surged 137.73% in 2022, then dropped 26.32% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $34.6 million in 2022, then retreated by 8.98% to $31.4 million in 2023, then slipped by 21.61% to $24.7 million in 2024, then decreased by 15.73% to $20.8 million in 2025, then slipped by 2.33% to $20.3 million in 2026.
  • The last three Operating Expenses figures came in at $20.3 million (Q1 2026), $20.8 million (Q4 2025), and $20.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Tenaya Therapeutics 158.32 Mn 158.32 Mn - 20.29 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 20.29 Mn
Dec 31, 2025 20.78 Mn
Sep 30, 2025 20.94 Mn
Jun 30, 2025 24.08 Mn
Mar 31, 2025 27.54 Mn
Dec 31, 2024 24.65 Mn
Sep 30, 2024 26.71 Mn
Jun 30, 2024 30.82 Mn
Mar 31, 2024 33.76 Mn
Dec 31, 2023 31.45 Mn
Sep 30, 2023 30.92 Mn
Jun 30, 2023 35.10 Mn
Mar 31, 2023 33.72 Mn
Dec 31, 2022 34.55 Mn
Sep 30, 2022 31.30 Mn
Jun 30, 2022 28.62 Mn
Mar 31, 2022 31.15 Mn
Dec 31, 2021 26.16 Mn
Sep 30, 2021 18.30 Mn
Jun 30, 2021 15.24 Mn