Tyra Biosciences (TYRA) Operating Expenses (2020 - 2026)

Tyra Biosciences (TYRA) posted Operating Expenses of $42.0 million for Q1 2026, up 15.01% on a QoQ basis from $36.5 million in Q4 2025, and up 31.86% year-over-year from $31.8 million in Q1 2025.

Tyra Biosciences (TYRA) Operating Expenses (2020 - 2026) Analysis & Trends

Tyra Biosciences' Operating Expenses history runs 7 years deep, the most recent figure standing at $42.0 million for Q1 2026.

  • Quarterly Operating Expenses rose 31.86% year-over-year to $42.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $142.9 million (up 25.66% YoY) and the FY2025 annual result came in at $132.8 million, up 27.44% from the prior year.
  • Operating Expenses was $42.0 million for Q1 2026 at Tyra Biosciences, up from $36.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $42.0 million in Q1 2026 and bottomed at $13.6 million in Q3 2022.
  • A 5-year average of $24.6 million and a median of $24.0 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 252.27% — and 2023, when it slipped 3.37%.
  • Tyra Biosciences' Operating Expenses stood at $15.0 million in 2022, then surged by 70.69% to $25.6 million in 2023, then gained by 16.03% to $29.7 million in 2024, then climbed by 22.77% to $36.5 million in 2025, then grew by 15.01% to $42.0 million in 2026.
  • Business Quant data shows TYRA's Operating Expenses at $42.0 million in Q1 2026, $36.5 million in Q4 2025, and $32.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Tyra Biosciences 1.90 Bn 1.90 Bn - 42.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 42.00 Mn
Dec 31, 2025 36.52 Mn
Sep 30, 2025 32.94 Mn
Jun 30, 2025 31.45 Mn
Mar 31, 2025 31.85 Mn
Dec 31, 2024 29.74 Mn
Sep 30, 2024 28.60 Mn
Jun 30, 2024 23.53 Mn
Mar 31, 2024 22.32 Mn
Dec 31, 2023 25.63 Mn
Sep 30, 2023 23.96 Mn
Jun 30, 2023 16.01 Mn
Mar 31, 2023 14.33 Mn
Dec 31, 2022 15.02 Mn
Sep 30, 2022 13.65 Mn
Jun 30, 2022 15.43 Mn
Mar 31, 2022 14.83 Mn
Dec 31, 2021 9.93 Mn
Sep 30, 2021 6.64 Mn
Jun 30, 2021 5.51 Mn