NASDAQ$TYRA

Tyra Biosciences Inc · Q2 2024 earnings

Q2 2024 earnings · · Before market open · Investor relations

Briefing

Tyra Biosciences Inc reported its financial results for the second quarter ended June 30, 2026.

The company reported a net loss of $45.6 million for the quarter, driven by increased research and development expenses of $39.2 million. Cash, cash equivalents and marketable securities totaled $353.9 million at quarter end, providing runway into the second half of 2028.

  • Net loss increased to $45.6 million from $28.1 million in the prior year quarter due to higher R&D spend.
  • R&D expenses rose 61% year-over-year to $39.2 million, primarily from clinical advancement of dabogratinib programs.
  • Completed at-the-market offering raising $147.9 million in net proceeds during the first half of 2026.
  • Ended the quarter with $353.9 million in cash and marketable securities.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.69

Previous: -$0.31-122.6%
Research and development expense

$39.2M

No prior period
General and administrative expense

$9.81M

No prior period
Total operating expenses

$49M

No prior period
Interest and other income, net

$3.45M

No prior period
Comprehensive loss

-$46.2M

No prior period
Weighted avg shares outstanding

66.0M

No prior period
Capital Expenditures

-$470K

Previous: $43K-1193.0%
Net Income

-$45.6M

Previous: -$13.3M-242.5%
Operating Income

-$49M

Previous: -$16M-206.0%
Cash & Equivalents

$73.8M

Previous: $232M-68.2%
Total Assets

$383M

Previous: $250M+53.3%
R&D Expense

$17.9M

No prior period
Stock-Based Comp

$4.41M

Previous: $2.53M+74.4%

Revenue & EPS history

Tyra Biosciences · Revenue · Quarterly

$0

Q2 2024

Forward guidance

Cash runway into second half of 2028; multiple clinical data readouts expected in 2026 and 2027.

Tailwinds

  • Strong balance sheet following ATM raise
  • Advancing three Phase 2 trials for dabogratinib

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

+2.0%

Avg return

Earnings day

+3.0%

Avg return

5 days after

-0.8%

Avg return

30 days after

50%

9 / 18 earnings

Positive

+29.8%

Q3 2021

Best reaction

-11.5%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2024
Q4 2025+1.5%+7.7%+21.8%
Q3 2025+0.3%+8.4%+50.6%
Q2 2025+0.4%-4.3%+17.0%
Q1 2025-3.1%-4.0%+2.3%
Q4 2024-0.8%-10.5%+3.9%
Q3 2024-5.9%-6.9%-8.1%
Q1 2024-3.8%+3.1%+9.7%
Q4 2023+7.0%+3.0%-9.7%
Q3 2023-6.3%-8.1%+2.5%
Q2 2023+0.9%+1.6%-3.4%
Q1 2023-3.3%+7.0%+13.1%
Q4 2022-3.3%+0.0%-9.8%
Q3 2022-7.1%+12.9%-3.1%
Q2 2022+11.1%+14.7%-24.0%
Q1 2022+0.1%-5.9%-17.8%
Q4 2021-11.5%-5.3%-6.4%
Q2 2021+29.8%+20.3%-26.6%
Q3 2021+29.8%+20.3%-26.6%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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