Tenaya Therapeutics (TNYA) Research & Development (2020 - 2026)
Tenaya Therapeutics (TNYA) posted Research & Development of $16.6 million for Q2 2026, down 4.4% from $17.37 million a year earlier but up 11.9% from the prior quarter.
Tenaya Therapeutics (TNYA) Research & Development (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Tenaya Therapeutics was $61.61 million, down 20.5% year-over-year; for FY2025, it came in at $68.61 million, down 20.9% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 17.1% (FY2020 to FY2025).
- In prior years, Tenaya Therapeutics' Research & Development was $86.74 million in FY2024 (-11.5%), $98.04 million in FY2023 (+3.7%), $94.54 million in FY2022 (+73.8%) and $54.39 million in FY2021 (+74.9%).
- Quarterly Research & Development has run from a low of $12.94 million in Q3 2021 to a high of $26.48 million in Q2 2023 over five years.
- On a year-over-year basis, Research & Development has declined in each of the last 12 quarters, with an average decline of 18.6% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q1 2022, with growth of 151.9%; the weakest was Q1 2026, with a decline of 29.6%.
- According to Business Quant data, Research & Development for the three prior quarters was $14.84 million (Q1 2026), $14.8 million (Q4 2025) and $15.36 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | -4.05 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 1.87 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 1.76 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 2.81 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 993.80 Mn |
| 10 | Tenaya Therapeutics | 134.54 Mn | 134.54 Mn | - | 16.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.60 Mn |
| 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 |
Tenaya Therapeutics Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TNYA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TNYA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TNYA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();