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
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