SYRE · Spyre Therapeutics, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“We will need to raise additional capital to continue to fund our operations in the future. If we are unable to raise additional capital when needed, we will not be able to continue as a going concern.”View the 10-Q filed May 5, 2026
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | $0 | $0 | $886K | $2.33M | $18.74M | $0 | $0 | $3.89M | $5.21M | $4.63M | — | — | |
| $190.44M | $171.65M | $162.79M | $89.5M | $58.58M | $57.07M | $59.64M | $64.6M | $36.72M | $22.82M | $18.14M | $11.45M | $6.83M | |
| $51.2M | $47.91M | $45.78M | $39.95M | $28.53M | $27.32M | $21.84M | $15.73M | $12.63M | $10.07M | $8.39M | $5.95M | $2.07M | |
| — | $0 | $0 | $744K | $1.57M | $1.58M | $996K | $418K | $293K | $249K | $132K | $89K | $19K | |
| $201.64M | $209.56M | $208.57M | $243.19M | $87.11M | $84.39M | $81.48M | $80.33M | $49.35M | $32.88M | $26.53M | $17.4M | $8.9M | |
| -$201.64M | -$209.56M | -$208.57M | -$242.3M | -$84.78M | -$65.65M | -$81.48M | -$80.33M | -$45.46M | -$27.68M | -$21.91M | -$11.32M | -$8.9M | |
| — | — | — | -27347.97% | -3640.23% | -350.33% | — | — | -1169.32% | -531.72% | -473.34% | — | — | |
| — | -$209.56M | -$208.57M | -$241.56M | -$83.21M | -$64.07M | -$80.49M | -$79.92M | -$45.17M | -$27.43M | -$21.77M | -$11.23M | -$8.89M | |
| $22.2M | $54.34M | $599K | -$96.51M | $830K | -$11K | $588K | $2.08M | $1.12M | $440K | $208K | $20K | -$1.44M | |
| — | — | — | — | -$83.95M | -$65.66M | -$80.89M | -$78.25M | — | — | — | — | — | |
| -$179.44M | -$155.22M | -$207.97M | -$338.82M | -$83.95M | -$65.66M | -$80.89M | -$78.25M | — | — | — | — | — | |
| $0 | -$15K | $51K | -$26K | -$136K | $141K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| -$179.44M | -$155.2M | -$208.02M | -$338.79M | -$83.82M | -$65.8M | -$80.89M | -$78.25M | -$44.35M | -$27.24M | -$21.7M | -$11.3M | -$10.35M | |
| — | — | — | -38238.15% | -3598.75% | -351.14% | — | — | -1140.64% | -523.27% | -468.84% | — | — | |
| — | — | — | — | — | — | — | — | — | -$27.24M | -$21.7M | -$11.52M | -$10.35M | |
| -$180.88M | -$154.51M | -$208.14M | -$338.44M | -$83.84M | -$65.83M | -$80.93M | -$78.18M | -$44.27M | -$27.33M | -$21.7M | -$11.3M | -$10.35M | |
| USD/shares | — | — | — | $13.76 | -$24.86 | -$25.02 | -$38.00 | — | — | — | — | — | — |
| USD/shares | — | — | — | $13.76 | -$24.86 | -$25.02 | -$38.00 | — | — | — | — | — | — |
| shares | — | — | — | 6.9M | 3.37M | 2.63M | 2.13M | 1.28M | 832.9K | 605.13K | 391.67K | 23.99K | — |
| shares | — | — | — | 6.9M | 3.37M | 2.63M | 2.13M | 1.28M | 832.9K | 605.13K | 391.67K | 23.99K | — |
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 155 similar-size Biotechnology companies (of 522 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Reportable Segment | $0 | $0 | $886,000 | $2,329,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Development Fee and Royalty | $0 | $0 | $886,000 | $2,329,000 | $6,739,000 | — | — |
| Development Fee | — | — | — | — | — | $0 | $0 |
| License | — | — | — | — | $12,000,000 | $0 | $0 |