Tenaya Therapeutics, Inc. TNYA

Healthcare SIC 2836 - Biological Products, (No Diagnostic Substances) Nasdaq

We are a clinical-stage biotechnology company committed to a bold mission: to discover, develop and deliver potentially curative therapies that address the underlying drivers of heart disease.

Heart disease remains the leading cause of death in the world. In the U.S., one person dies from a cardiovascular-related health condition every 34 seconds, a gruesome statistic that translates to one in every three deaths in the U.S each year. One in 20 adults suffer from congenital heart disease (CHD) and the picture is equally bleak at the other end of the age spectrum, as approximately 40,000 children are born in the U.S every year with CHD, the leading cause of birth defect-related morbidity and mortality. While there is a clear need for improved treatments, the rate of cardiovascular drug product approvals has declined in recent years and few of the approved treatments address the underlying cause of such diseases.

Last close 0.68 2026-09-04
Market cap $153.2M 2026-06-30 share count
52-week range 0.53 - 2.35

Valuation FY2025 figures against the last close

P/S
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS-0.59

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
R&D $68.6M$86.7M$98.0M$94.5M$54.4M$31.1M
SG&A $24.7M$29.2M$33.2M$31.1M$18.4M$7.8M
Total operating expenses $93.3M$115.9M$131.2M$125.6M$72.8M$38.9M
Operating income -$93.3M-$115.9M-$131.2M-$125.6M-$72.8M-$38.9M
Pre-tax income -$90.6M-$111.1M-$124.1M-$123.7M-$72.7M-$38.4M
Income tax $0$0$0$0$0$0
Net income -$90.6M-$111.1M-$124.1M-$123.7M-$72.7M-$38.4M
EPS, basic -0.59-1.31-1.68-2.76-4.10
EPS, diluted -0.59-1.31-1.68-2.76-4.10-39.50
Shares, diluted (wtd. avg.) $153.0M$84.8M$73.8M$44.8M$17.7M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash and equivalents $100.5M$4.3M$45.7M$95.3M$38.1M$128.5M
Short-term investments $57.1M$59.0M$91.3M$213.2M
Total current assets $105.6M$67.4M$111.6M$193.8M$255.4M$130.0M
Property, plant and equipment $27.7M$35.9M$43.3M$51.0M$43.0M$17.2M
Total assets $146.9M$119.9M$170.5M$278.9M$314.2M$148.2M
Accounts payable $3.6M$5.2M$5.6M$9.6M$10.7M$1.0M
Total current liabilities $15.4M$16.0M$22.7M$24.2M$21.8M$5.0M
Total liabilities $23.7M$27.1M$31.1M$35.6M$35.7M$8.7M
Retained earnings -$605.0M-$514.4M-$403.3M-$279.2M-$155.5M-$82.8M
Total equity $123.3M$92.9M$139.4M$243.4M$278.5M-$81.3M-$43.7M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating cash flow -$68.3M-$90.5M-$102.1M-$104.4M-$60.8M-$35.4M
Depreciation and amortisation $8.4M$8.5M$8.7M$6.5M$3.0M$2.5M
Stock-based compensation $13.0M$16.5M$15.3M$11.5M$3.0M$741.0K
Capital expenditure $618.0K$1.0M$1.2M$20.6M$25.1M$9.8M
Investing cash flow $56.1M$1.1M$48.7M$83.7M-$238.6M-$7.0M
Financing cash flow $108.4M$47.7M$4.0M$77.8M$209.0M$147.3M
Buybacks $13.0K$1.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-102252.

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