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| Date | Value |
|---|---|
| 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 |