Tyra Biosciences (TYRA) Operating Expenses (2020 - 2026)
Tyra Biosciences (TYRA) reported Operating Expenses of $42.0 million for Q1 2026, up 31.86% on a YoY basis from $31.8 million in Q1 2025, and up 15.01% quarter-over-quarter from $36.5 million in Q4 2025.
Tyra Biosciences (TYRA) Operating Expenses (2020 - 2026) Analysis & Trends
Tyra Biosciences has reported Operating Expenses for 7 years, with the latest figure at $42.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 31.86% year-over-year to $42.0 million; the trailing twelve-month figure through Mar 2026 stood at $142.9 million (up 25.66% YoY), and the FY2025 full-year result was $132.8 million, up 27.44% from the prior year.
- Operating Expenses for Q1 2026 stood at $42.0 million, up from $36.5 million in the prior quarter.
- The five-year high for Operating Expenses was $42.0 million in Q1 2026, with the low at $13.6 million in Q3 2022.
- Historically, Operating Expenses has averaged $24.6 million across 5 years, with a median of $24.0 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 252.27% — and 2023, when it fell 3.37%.
- Tyra Biosciences' Operating Expenses stood at $15.0 million in 2022, then soared by 70.69% to $25.6 million in 2023, then increased by 16.03% to $29.7 million in 2024, then gained by 22.77% to $36.5 million in 2025, then advanced by 15.01% to $42.0 million in 2026.
- The last three Operating Expenses figures came in at $42.0 million (Q1 2026), $36.5 million (Q4 2025), and $32.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 814,307.08 Bn | 814,307.05 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 55,320.00 Bn | 55,320.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,149.72 Bn | 17,149.72 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,590.00 Bn | 3,589.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,650.72 Bn | 1,650.72 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,522.09 Bn | 1,522.07 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 229.39 Bn | 229.38 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 113.09 Bn | 105.85 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 90.15 Bn | 90.15 Bn | - | -67.40 Mn |
| 10 | Tyra Biosciences | 1.67 Bn | 1.67 Bn | - | 42.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |