Tenaya Therapeutics (TNYA) Research & Development (2020 - 2026)
Tenaya Therapeutics' (TNYA) quarterly Research & Development came in at $14.8 million in Q1 2026, down 29.57% year-on-year from $21.1 million in Q1 2025, and little changed quarter-over-quarter from $14.8 million in Q4 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.
- On a quarterly basis, Research & Development fell 29.57% year-over-year to $14.8 million in Q1 2026; TTM through Mar 2026 was $62.4 million, a 24.64% decrease from a year earlier, with the FY2025 full-year figure at $68.6 million, down 20.91% from the prior year.
- Research & Development held at $14.8 million in Q1 2026 per TNYA's latest filing, from $14.8 million in the prior quarter.
- Across five years, Research & Development topped out at $26.5 million in Q2 2023 and bottomed at $14.8 million in Q4 2025.
- The 5-year median for Research & Development is $22.6 million (2024), against an average of $21.3 million.
- Across the five-year window, Research & Development surged 151.88% in 2022 and declined 29.57% in 2026, its largest moves.
- Year by year, Research & Development 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.
- Per Business Quant, the three latest TNYA Research & Development figures stand at $14.8 million (Q1 2026), $14.8 million (Q4 2025), and $15.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 541.22 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -2.31 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 1.37 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 343.97 Mn |
| 10 | Tenaya Therapeutics | 167.00 Mn | 167.00 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 |