Tyra Biosciences (TYRA) Operating Expenses (2020 - 2026)
Tyra Biosciences (TYRA) posted Operating Expenses of $49 million for Q2 2026, up 55.8% from $31.45 million a year earlier and up 16.7% from the prior quarter.
Tyra Biosciences (TYRA) Operating Expenses (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Tyra Biosciences was $160.46 million, up 31.9% year-over-year; for FY2025, it came in at $132.76 million, up 27.4% from FY2024.
- Annual Operating Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 70.2% (FY2020 to FY2025).
- In prior years, Tyra Biosciences' Operating Expenses was $104.18 million in FY2024 (+30.3%), $79.95 million in FY2023 (+35.7%), $58.93 million in FY2022 (+124.2%) and $26.29 million in FY2021 (+182.8%).
- The Q2 2026 figure stands as the highest quarterly Operating Expenses in data going back to Q3 2020.
- On a year-over-year basis, Operating Expenses has increased in each of the last 13 quarters, with growth averaging 29.7% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2022, with growth of 252.3%; the weakest was Q1 2023, with a decline of 3.4%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $42 million (Q1 2026), $36.52 million (Q4 2025) and $32.94 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 2.09 Bn |
| 10 | Tyra Biosciences | 1.28 Bn | 1.28 Bn | - | 49.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.00 Mn |
| 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 |
Tyra Biosciences Operating Expenses 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=operating-expenses&ticker=TYRA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TYRA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=TYRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();