Tyra Biosciences (TYRA) Research & Development (2020 - 2026)
Tyra Biosciences (TYRA) reported Research & Development of $33.5 million for Q1 2026, up 34.07% on a YoY basis from $25.0 million in Q1 2025, and up 18.75% quarter-over-quarter from $28.2 million in Q4 2025.
Tyra Biosciences (TYRA) Research & Development (2020 - 2026) Analysis & Trends
Tyra Biosciences has reported Research & Development for 7 years, with the latest figure at $33.5 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 34.07% year-over-year to $33.5 million; the trailing twelve-month figure through Mar 2026 stood at $111.4 million (up 26.86% YoY), and the FY2025 full-year result was $102.9 million, up 28.54% from the prior year.
- Research & Development for Q1 2026 stood at $33.5 million, up from $28.2 million in the prior quarter.
- The five-year high for Research & Development was $33.5 million in Q1 2026, with the low at $9.6 million in Q1 2022.
- Historically, Research & Development has averaged $18.9 million across 5 years, with a median of $19.3 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development surged 174.98% — and 2023, when it climbed 0.95%.
- Tyra Biosciences' Research & Development stood at $10.4 million in 2022, then soared by 98.82% to $20.7 million in 2023, then rose by 7.27% to $22.2 million in 2024, then increased by 27.08% to $28.2 million in 2025, then gained by 18.75% to $33.5 million in 2026.
- The last three Research & Development figures came in at $33.5 million (Q1 2026), $28.2 million (Q4 2025), and $25.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 814,307.08 Bn | 814,307.05 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 55,320.00 Bn | 55,320.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,149.72 Bn | 17,149.72 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 3,590.00 Bn | 3,589.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Akari Therapeutics | 1,650.72 Bn | 1,650.72 Bn | - | 1.46 Mn |
| 6 | Evaxion A | 1,522.09 Bn | 1,522.07 Bn | - | -2.30 Mn |
| 7 | Psyence Biomedical | 229.39 Bn | 229.38 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 113.09 Bn | 105.85 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 90.15 Bn | 90.15 Bn | - | -58.00 Mn |
| 10 | Tyra Biosciences | 1.67 Bn | 1.67 Bn | - | 33.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.47 Mn |
| Dec 31, 2025 | 28.19 Mn |
| Sep 30, 2025 | 25.47 Mn |
| Jun 30, 2025 | 24.31 Mn |
| Mar 31, 2025 | 24.96 Mn |
| Dec 31, 2024 | 22.18 Mn |
| Sep 30, 2024 | 22.70 Mn |
| Jun 30, 2024 | 18.00 Mn |
| Mar 31, 2024 | 17.20 Mn |
| Dec 31, 2023 | 20.68 Mn |
| Sep 30, 2023 | 19.27 Mn |
| Jun 30, 2023 | 12.16 Mn |
| Mar 31, 2023 | 10.41 Mn |
| Dec 31, 2022 | 10.40 Mn |
| Sep 30, 2022 | 10.92 Mn |
| Jun 30, 2022 | 12.05 Mn |
| Mar 31, 2022 | 9.65 Mn |
| Dec 31, 2021 | 7.25 Mn |
| Sep 30, 2021 | 5.48 Mn |
| Jun 30, 2021 | 4.38 Mn |