Spyre Therapeutics, Inc. logo

Spyre Therapeutics, Inc.

SYRE

NASDAQHealthcareBiotechnology

Latest quote

$106.6

−$1.30 · -1.21%

Aug 21, 3:55 PM ET

SYRE company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

27

Expensive

Momentum

72

Gaining

Sentiment

49

Mixed

Risk resilience

41

Elevated Risk

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Company profile

Company website

Spyre Therapeutics, Inc. is a biotechnology firm operating at the preclinical stage, dedicated to creating innovative treatments for individuals afflicted with inflammatory bowel disease (IBD). Among its pipeline candidates is SPY001, a human monoclonal immunoglobulin G1 antibody specifically engineered to target and bind with the a4ß7 integrin. This particular therapy is under development for addressing both ulcerative colitis and Crohn's disease, two forms of IBD. Furthermore, Spyre Therapeutics is advancing SPY002, another human monoclonal antibody that aims to interact with tumor necrosis factor-like ligand 1A (TL1A). A synergistic approach is also being explored with SPY120, a compound that merges the anti-a4ß7 action of SPY001 with the anti-TL1A activity of SPY002. All these programs are currently undergoing preclinical evaluation. Beyond these, the company's early-stage portfolio encompasses several additional promising candidates: SPY003, an anti-IL-23 monoclonal antibody; SPY004, a monoclonal antibody with a novel mechanism of action; SPY130, which combines anti-a4ß7 and anti-IL-23 antibodies; and SPY230, a dual antibody therapy featuring anti-TL1A and anti-IL-23 components. Originally incorporated in 2013, the organization was previously known as Aeglea BioTherapeutics, Inc., before rebranding to Spyre Therapeutics, Inc. in November 2023. Its headquarters are located in Waltham, Massachusetts.

Industry
Biotechnology
Sector
Healthcare
Headquarters
US
CEO
Cameron Turtle
Listed since
Apr 7, 2016
Employees
125

Market position

Volume
1.01M
0.81× average
Average volume
1.26M
Average daily volume
Market cap
9.25B USD
Beta
3.03
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.01B USD
P/E (TTM)
-54.61×
P/B (TTM)
8.19×
P/S (TTM)
102.19×
EV / EBITDA
-9.6×
Earnings yield
-7.40%
Free cash flow yield
-8.07%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
0.00%
Operating margin
-222.49%
Net margin
-197.71%
Return on equity
-21.70%
Return on assets
-19.95%
Return on invested capital
-29.14%

Financial health

Debt / equity
Current ratio
13.25×
Altman Z-score
76.43
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends3934%-11401%-26737%-42072%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 100.00%Operating margin, FY2021: -350.33%Operating margin, FY2022: -3640.23%Operating margin, FY2023: -27347.97%Net margin, FY2021: -351.14%Net margin, FY2022: -3598.75%Net margin, FY2023: -38238.15%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 100.00%. Operating margin FY2021 -350.33%. Operating margin FY2022 -3640.23%. Operating margin FY2023 -27347.97%. Net margin FY2021 -351.14%. Net margin FY2022 -3598.75%. Net margin FY2023 -38238.15%.

Income trends

Revenue

886K USD-61.96%

Operating income

−209.56M USD-0.48%

Net income

−155.2M USD+25.39%
Income trends across reported periods54.49M USD−88.52M USD−231.53M USD−374.54M USDRevenue, FY2021: 18.74M USDRevenue, FY2022: 2.33M USDRevenue, FY2023: 886K USDOperating income, FY2021: −65.65M USDOperating income, FY2022: −84.78M USDOperating income, FY2023: −242.3M USDOperating income, FY2024: −208.57M USDOperating income, FY2025: −209.56M USDNet income, FY2021: −65.8M USDNet income, FY2022: −83.82M USDNet income, FY2023: −338.79M USDNet income, FY2024: −208.02M USDNet income, FY2025: −155.2M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 18.74M USD. Revenue FY2022 2.33M USD. Revenue FY2023 886K USD. Operating income FY2021 −65.65M USD. Operating income FY2022 −84.78M USD. Operating income FY2023 −242.3M USD. Operating income FY2024 −208.57M USD. Operating income FY2025 −209.56M USD. Net income FY2021 −65.8M USD. Net income FY2022 −83.82M USD. Net income FY2023 −338.79M USD. Net income FY2024 −208.02M USD. Net income FY2025 −155.2M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue886K USD2.33M USD18.74M USD
Cost of goods sold171.65M USD
Gross profit−171.65M USD886K USD2.33M USD18.74M USD
Research and development171.65M USD162.79M USD89.5M USD58.58M USD57.07M USD
Selling, general, and administrative47.91M USD45.78M USD39.95M USD28.53M USD27.32M USD
Operating expenses37.91M USD208.57M USD243.19M USD87.11M USD84.39M USD
Interest income24.89M USD21.31M USD6.15M USD837K USD111K USD
Depreciation and amortization10M USD964K USD1.96M USD1.58M USD
Operating income−209.56M USD−208.57M USD−242.3M USD−84.78M USD−65.65M USD
Net income−155.2M USD−208.02M USD−338.79M USD−83.82M USD−65.8M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-1.98
FY2025
Latest fiscal-year revenue
0 USD
FY2025

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend2.44-15.23-32.9-50.57FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend20.61M13.12M5.62M-1.87MFY21FY22FY23FY24FY25

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

12 institutions
Wolfe ResearchdowngradeOutperformPeer Perform
MizuhomaintainOutperform
CitigroupmaintainBuy

Corporate actions

Corporate action history

Stock split

Effective Sep 8, 2023

1:25

SYRE peers

ETFs holding SYRE

Funds reporting this stock among their holdings, ordered by reported position size.

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