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

Quarterly Operating Expenses rose 31.86% to $42.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $142.9 million through Mar 2026, up 25.66% year-over-year, with the annual reading at $132.8 million for FY2025, 27.44% up from the prior year.

Tyra Biosciences filings provide 7 years of Operating Expenses readings, the most recent being $42.0 million for Q1 2026.

  • Operating Expenses hit $42.0 million in Q1 2026 for 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.
  • Average Operating Expenses over 5 years is $24.6 million, with a median of $24.0 million recorded in 2023.
  • The largest annual shift saw Operating Expenses surged 252.27% in 2022 before it dropped 3.37% in 2023.
  • Tyra Biosciences' Operating Expenses stood at $15.0 million in 2022, then skyrocketed by 70.69% to $25.6 million in 2023, then rose by 16.03% to $29.7 million in 2024, then increased by 22.77% to $36.5 million in 2025, then rose by 15.01% to $42.0 million in 2026.
  • Per Business Quant, the three most recent readings for TYRA's Operating Expenses are $42.0 million (Q1 2026), $36.5 million (Q4 2025), and $32.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quantum Biopharma 1,384,976.65 Bn 1,384,976.64 Bn - 2.97 Mn
2 Alterity Therapeutics 777,208.84 Bn 777,208.81 Bn - 4.33 Mn
3 Legend Biotech 2,801.00 Bn 2,800.10 Bn 242.10 Mn -138.30 Mn
4 Nanobiotix 2,226.01 Bn 2,225.95 Bn - -
5 Akari Therapeutics 605.66 Bn 605.66 Bn - 15.76 Mn
6 Vertex Pharmaceuticals 110.17 Bn 102.92 Bn 2.59 Bn 1.85 Bn
7 Regeneron Pharmaceuticals 66.86 Bn 58.11 Bn 3.31 Bn 2.96 Bn
8 Evaxion A 65.12 Bn 65.10 Bn - -3.82 Mn
9 Alnylam Pharmaceuticals 39.94 Bn 36.94 Bn 959.66 Mn 898.54 Mn
10 Tyra Biosciences 2.03 Bn 2.03 Bn - 42.00 Mn

Historic Data

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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
Mar 31, 2021 4.21 Mn
Dec 31, 2020 3.68 Mn
Sep 30, 2020 2.33 Mn