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Spyre Therapeutics, Inc. SYRE Acquired in-process research and development

Acquired in-process research and development at other companies

Eli Lilly logo
Eli LillyLLY
$2.78B+1,703%
Merck & Co. logo
Merck & Co.MRK
$0-100%

Segments

By segment

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Reportable Segment$46.89M+39.8%

Other financials

Income statement

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Revenue-
Operating income-$45.6M+14.8%
Net income-$69.0M-54.1%
EPS (diluted)-$0.74-23.3%

Balance sheet

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Cash & equivalents$97.2M+100%
Total debt$4.3M-9.6%
Total equity$670.8M+39.0%
Total assets$764.0M+34.1%

Cash flow

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Operating cash flow-$57.4M-40.0%
CapEx-
Free cash flow-$39.4M-26.8%

Valuation

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Market cap$9.12B+846%

Profitability

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Operating margin-39,428.9%-49,795pp
Net margin-52,939.7%-61,871pp
FCF margin-3,442.8%-3,807pp

Returns & leverage

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Return on equity-31.1%-10.7pp
Debt / equity0.1×+0.1×
Current ratio+0.9×

Where this comes from

Reported directly by Spyre Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfIntangibleAssets.

The source filing: Spyre Therapeutics, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 8:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001636282-26-000050
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from maturities and sales of marketable securities107,74871,383
Purchases of marketable securities(81,167)(71,444)
Proceeds from sale of in-process research and development asset30,000
Net cash provided by (used in) investing activities56,581(61)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock in connection with at-the-market offering program, net of issuance costs9,750
Payment of deferred offering costs in connection with shelf registration(171)(93)

Item 1. Financial Statements (Unaudited).

FAQ

What is Spyre Therapeutics, Inc.'s acquired in-process research and development?
Spyre Therapeutics, Inc. (SYRE) reported acquired in-process research and development of $30M in Q1 2026.
What does acquired in-process research and development mean?
Specifically tracks cash payments for in-process research and development assets acquired through business combinations or direct asset purchases. In the biotech industry, this represents the cost of buying early-stage drug candidates or technology platforms. It is a critical indicator of R&D pipeline investment and future growth potential.

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