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Financial statements

Tyra Biosciences, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Tyra Biosciences, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2021FY2021FY2022FY2023FY2024FY2025
Research and development7.220.64362.580.1103
General and administrative2.095.6515.917.424.129.8
Operating expenses9.326.358.979.9104133
Operating income-9.3-26.3-58.9-79.9-104-133
Other non-operating income-0.04-0.013.610.817.712.8
Income tax000000
Net income-9.34-26.3-55.3-69.1-86.5-120
EBITDA-9.25-26.1-58.6-79.6-104-132
EPS, basic-6.05-1.91-1.32-1.62-1.51-2.01
EPS, diluted-6.05-1.91-1.32-1.62-1.51-2.01
Shares, basic (weighted)1.5413.841.942.757.259.6
Shares, diluted (weighted)1.5413.841.942.757.259.6

Balance sheet

FY2021FY2021FY2022FY2023FY2024FY2025
Cash and equivalents15.2302251589277.4
Other current assets0.061.886.088.26.029.45
Total current assets15.3304257212347265
Property, plant and equipment0.31.031.081.631.651.31
Lease right-of-use assets0.155.57
Other non-current assets0.020.314.355.037.389.27
Total assets16307266226364283
Accounts payable0.660.61.154.660.591.18
Total current liabilities1.863.625.715.314.618.1
Lease liabilities00.982.486.225.815.34
Other non-current liabilities0.140.370.170.0500
Total liabilities24.968.3521.620.423.4
Paid-in capital0.44342354369594630
Retained earnings-14.1-40.4-95.7-165-251-371
Other comprehensive income00.380.770.39
Shareholders' equity-13.6302258204343259
Total equity-13.6302258204343259
Total liabilities and equity16307266226364283
Shares outstanding1.8341.442.44350.753.7

Cash flow statement

FY2021FY2021FY2022FY2023FY2024FY2025
Net income-9.34-26.3-55.3-69.1-86.5-120
Depreciation and amortization0.050.140.30.360.520.55
Stock-based compensation0.442.8910.613.522.828
Change in payables1.021.492.369.37-0.743.37
Cash from operations-7.76-23.7-50.3-50.1-69.8-95.1
Capital expenditures-0.31-0.66-0.56-0.77-0.66-0.14
Purchases of investments0-144-264-101
Sales and maturities of investments0166174
Cash from investing-0.31-0.65-0.56-145-98.472.5
Stock issued00.09
Cash from financing23.43110.631.542028.1
Net change in cash15.4287-50.2-19334-14.6
Free cash flow-8.08-24.4-50.8-50.9-70.4-95.3
Interest paid00

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $21.76 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-42.0%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-38.8%Net income / average total assets.
Return on invested capital (ROIC)-45.3%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

MetricValueHow it is calculated
Book value growth, 1y-24.5%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y0.2%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-22.3%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y2.0%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y77.6%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y4.2%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y12.5%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y107.7%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio14.9xCurrent assets / current liabilities.
Quick ratio3.00x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio3.00x(Cash + short-term investments) / current liabilities.
Liabilities / assets7.7%Total liabilities / total assets.
Working capital$342.3MCurrent assets - current liabilities.
Tangible book value$353.7MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$2.25Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share-$1.67Free cash flow / diluted weighted shares.
Operating cash flow per share-$1.66Cash from operations / diluted weighted shares.
Book value per share$5.93Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$5.93Tangible book value / shares outstanding.
Cash per share$1.24(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$1.30BShare price x shares outstanding.
Enterprise value$1.22BMarket cap + total debt - cash - short-term investments.
P/B3.67xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book3.67xMarket cap / tangible book value, when positive.
FCF yield-8.5%Free cash flow / market cap.
Earnings yield-11.4%Net income / market cap (the inverse of P/E).
Was Tyra Biosciences, Inc. profitable in fiscal 2025?

No. It reported a net loss of $119.9M.

How much free cash flow did Tyra Biosciences, Inc. generate in fiscal 2025?

Cash from operations of $95.1M minus capital expenditures of $141.0K left free cash flow of -$95.3M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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