Tenaya Therapeutics (TNYA) Research & Development (2020 - 2026)

Tenaya Therapeutics (TNYA) recorded quarterly Research & Development of $14.8 million in Q1 2026, little changed quarter-over-quarter from $14.8 million in Q4 2025, and down 29.57% on a YoY basis from $21.1 million in Q1 2025.

Tenaya Therapeutics (TNYA) Research & Development (2020 - 2026) Analysis & Trends

Tenaya Therapeutics' Research & Development history runs 7 years deep, the most recent figure standing at $14.8 million for Q1 2026.

  • In Q1 2026, Research & Development fell 29.57% year-over-year to $14.8 million; the TTM figure through Mar 2026 stood at $62.4 million (down 24.64% YoY), while the FY2025 annual figure was $68.6 million, down 20.91% from the prior year.
  • Research & Development was $14.8 million for Q1 2026 at Tenaya Therapeutics, roughly flat from $14.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $26.5 million in Q2 2023 to a low of $14.8 million in Q4 2025.
  • Historically, Research & Development has averaged $21.3 million across 5 years, with a median of $22.6 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Research & Development soared 151.88% in 2022, then slipped 29.57% in 2026.
  • A 5-year view of Research & Development shows it stood at $25.7 million in 2022, then decreased by 11.2% to $22.9 million in 2023, then decreased by 18.27% to $18.7 million in 2024, then retreated by 20.82% to $14.8 million in 2025, then rose by 0.3% to $14.8 million in 2026.
  • The last three Research & Development figures came in at $14.8 million (Q1 2026), $14.8 million (Q4 2025), and $15.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.32 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 15.66 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 626,092.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -101.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -2.30 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 1.46 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 357,444.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 961.60 Mn
9 Abivax 91.96 Bn 91.96 Bn - -58.00 Mn
10 Tenaya Therapeutics 158.32 Mn 158.32 Mn - 14.84 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.84 Mn
Dec 31, 2025 14.80 Mn
Sep 30, 2025 15.36 Mn
Jun 30, 2025 17.37 Mn
Mar 31, 2025 21.08 Mn
Dec 31, 2024 18.69 Mn
Sep 30, 2024 20.35 Mn
Jun 30, 2024 22.65 Mn
Mar 31, 2024 25.06 Mn
Dec 31, 2023 22.87 Mn
Sep 30, 2023 23.09 Mn
Jun 30, 2023 26.48 Mn
Mar 31, 2023 25.61 Mn
Dec 31, 2022 25.75 Mn
Sep 30, 2022 23.76 Mn
Jun 30, 2022 20.88 Mn
Mar 31, 2022 24.16 Mn
Dec 31, 2021 20.95 Mn
Sep 30, 2021 12.94 Mn
Jun 30, 2021 10.91 Mn