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

Tenaya Therapeutics' quarterly Operating Expenses came in at $20.3 million in Q1 2026, down 26.32% year-on-year from $27.5 million in Q1 2025, and down 2.33% quarter-over-quarter from $20.8 million in Q4 2025.

Tenaya Therapeutics has reported Operating Expenses for 7 years, with the latest figure at $20.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 26.32% year-over-year to $20.3 million; the trailing twelve-month figure through Mar 2026 stood at $86.1 million (down 21.55% YoY), and the FY2025 full-year result was $93.3 million, down 19.51% from the prior year.
  • Operating Expenses for Q1 2026 stood at $20.3 million, down from $20.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $35.1 million in Q2 2023, with the low at $20.3 million in Q1 2026.
  • Average Operating Expenses over 5 years is $28.6 million, with a median of $30.8 million recorded in 2024.
  • Year-over-year, Operating Expenses jumped 137.73% in 2022 and fell 26.32% in 2026.
  • Tracing TNYA's Operating Expenses over 5 years: stood at $34.6 million in 2022, then decreased by 8.98% to $31.4 million in 2023, then dropped by 21.61% to $24.7 million in 2024, then slipped by 15.73% to $20.8 million in 2025, then dropped 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 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 2.97 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.33 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -138.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 15.76 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.85 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 2.96 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 898.54 Mn
10 Tenaya Therapeutics 193.57 Mn 193.57 Mn - 20.29 Mn

Historic Data

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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
Mar 31, 2021 13.11 Mn
Dec 31, 2020 10.32 Mn
Sep 30, 2020 10.45 Mn
Jun 30, 2020 8.87 Mn