Lyra Therapeutics, Inc. financials
Source: EDGAR filings · Built 2026-06-19T01:12:21Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -28.98M | -72.35M | -64.35M | -43.55M | -29.20M | -22.92M |
| EBITDA | -30.56M | -95.88M | -66.84M | -55.24M | -42.61M | -22.11M |
| Working Capital | 6.75M | 30.39M | 85.22M | 86.36M | 29.67M | 71.03M |
| Net Debt | 14.37M | -6.20M | 4.53M | -30.33M | -44.29M | -72.15M |
| Operating Margin | -7794.47% | -6280.83% | -4308.09% | -4131.03% | -15303.51% | — |
| Net Margin | -7266.08% | -6090.94% | -4023.11% | -4055.61% | -15267.72% | — |
| Return on Equity (ROE) | 269.84% | -805.89% | -70.10% | -68.45% | -126.80% | -29.70% |
| Return on Assets (ROA) | -80.09% | -140.83% | -43.96% | -50.27% | -79.31% | -27.37% |
| Current Ratio | 1.71× | 3.41× | 5.35× | 6.97× | 2.63× | 15.54× |
| Debt-to-Equity | -2.82× | 2.97× | 0.30× | 0.03× | 0.04× | 0.03× |
| Effective Tax Rate | -0.04% | -0.04% | -0.09% | -0.02% | 0.00% | — |
| Cash Conversion Ratio | 1.00× | 0.75× | 1.01× | 0.78× | 0.59× | 0.96× |
| Accruals Ratio | -0.00× | -0.35× | 0.00× | -0.11× | -0.32× | -0.01× |
| SBC % of Revenue | 586.68% | 437.81% | 377.86% | 399.63% | 971.93% | — |
| CapEx Coverage | -248.78× | -29.94× | -60.46× | -264.54× | -7.63× | -11.91× |
| Free Cash Flow Per Share | $-18.65 | $-55.56 | $-1.29 | $-1.44 | $-2.25 | $-2.67 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 398.00K | 1.53M | 1.56M | 1.36M | 285.00K | — |
| Research and Development Expense | 18.41M | 43.77M | 48.03M | 38.80M | 29.69M | 12.52M |
| Operating Expenses | 31.42M | 97.88M | 68.68M | 57.67M | 43.90M | 22.21M |
| Operating Income (Loss) | -31.02M | -96.35M | -67.12M | -56.31M | -43.62M | -22.21M |
| Income Tax Expense (Benefit) | 11.00K | 39.00K | 59.00K | 13.00K | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -28.92M | -93.44M | -62.68M | -55.28M | -43.51M | -22.13M |
| Earnings Per Share, Basic | $-18.62 | $-71.75 | $-1.26 | $-1.83 | $-3.35 | — |
| Weighted Average Number of Shares Outstanding, Basic | 1.55M | 1.30M | 49.80M | 30.24M | 12.99M | — |
| Earnings Per Share, Diluted | $-18.62 | $-71.75 | $-1.26 | $-1.83 | $-3.35 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 1.55M | 1.30M | 49.80M | 30.24M | 12.99M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 15.89M | 40.58M | 22.35M | 32.55M | 45.75M | 74.59M |
| Assets, Current | 16.27M | 43.02M | 104.82M | 100.83M | 47.92M | 75.92M |
| Assets | 36.11M | 66.35M | 142.60M | 109.97M | 54.87M | 80.83M |
| Liabilities, Current | 9.52M | 12.63M | 19.60M | 14.47M | 18.25M | 4.88M |
| Liabilities | 46.83M | 54.75M | 53.18M | 29.21M | 20.55M | 6.34M |
| Stockholders' Equity Attributable to Parent | -10.72M | 11.59M | 89.42M | 80.75M | 34.32M | 74.49M |
| Common Stock, Shares, Outstanding | 1.77M | 1.31M | 57.21M | 31.83M | 13.01M | 12.93M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -28.86M | -70.01M | -63.30M | -43.38M | -25.82M | -21.14M |
| Payments to Acquire Property, Plant, and Equipment | 116.00K | 2.34M | 1.05M | 164.00K | 3.38M | 1.77M |
| Net Cash Provided by (Used in) Investing Activities | -98.00K | 80.31M | -12.58M | -65.01M | -3.38M | -1.77M |
| Net Cash Provided by (Used in) Financing Activities | 4.27M | 8.53M | 65.69M | 96.26M | 359.00K | 87.70M |
Derived Metrics
| Concept | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -6.16M | -22.81M | -15.45M | — | -11.29M | -61.05M |
| EBITDA | -7.02M | -6.14M | -8.63M | -8.71M | -11.26M | — |
| Working Capital | 6.75M | 13.54M | 19.90M | 22.43M | 30.39M | 39.49M |
| Net Debt | 14.37M | 9.32M | 2.69M | 1.62M | -6.20M | 11.52M |
| Operating Margin | -101685.71% | -24948.00% | -4822.95% | -4831.15% | -5458.37% | -6380.51% |
| Net Margin | -99300.00% | -23936.00% | -4063.93% | -4670.49% | -5253.11% | -6088.72% |
| Return on Equity (ROE) | 64.86% | 138.26% | -458.51% | -220.74% | -94.70% | -57.58% |
| Return on Assets (ROA) | -19.25% | -13.69% | -14.15% | -15.18% | -16.55% | -15.08% |
| Current Ratio | 1.71× | 2.43× | 2.78× | 2.96× | 3.41× | 3.64× |
| Debt-to-Equity | -2.82× | -7.25× | 20.02× | 8.61× | 2.97× | 1.71× |
| Effective Tax Rate | -0.03% | -0.05% | -0.03% | -0.05% | -0.05% | -0.06% |
| Cash Conversion Ratio | 0.87× | 3.81× | 2.08× | 1.03× | 1.03× | 4.94× |
| Accruals Ratio | -0.02× | 0.38× | 0.15× | 0.01× | 0.01× | 0.59× |
| SBC % of Revenue | 8028.57% | 7092.00% | 950.27% | 450.82% | 927.75% | 2449.74% |
| CapEx Coverage | -63.19× | -1139.65× | -771.60× | — | 195.72× | -24.48× |
| Free Cash Flow Per Share | $-3.97 | $-12.90 | $-11.46 | — | $-8.67 | $-46.64 |
Income Statement
| Concept | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 7.00K | 25.00K | 183.00K | 183.00K | 209.00K | 195.00K |
| Research and Development Expense | 4.38M | 4.05M | 5.11M | 4.88M | 6.36M | 5.90M |
| Operating Expenses | 7.13M | 6.26M | 9.01M | 9.02M | 11.62M | 12.64M |
| Operating Income (Loss) | -7.12M | -6.24M | -8.83M | -8.84M | -11.41M | -12.44M |
| Income Tax Expense (Benefit) | 2.00K | 3.00K | 2.00K | 4.00K | 6.00K | 7.00K |
| Net Income (Loss) Attributable to Parent | -6.95M | -5.98M | -7.44M | -8.55M | -10.98M | -11.87M |
| Earnings Per Share, Basic | $-3.77 | $-3.38 | $-5.51 | $-0.13 | $-8.30 | $-9.07 |
| Weighted Average Number of Shares Outstanding, Basic | 1.55M | 1.77M | 1.35M | 65.76M | 1.30M | 1.31M |
| Earnings Per Share, Diluted | $-3.77 | $-3.38 | $-5.51 | $-0.13 | $-8.30 | $-9.07 |
| Weighted Average Number of Shares Outstanding, Diluted | 1.55M | 1.77M | 1.35M | 65.76M | 1.30M | 1.31M |
Balance Sheet
| Concept | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 15.89M | 22.05M | 29.78M | 31.73M | 40.58M | 23.80M |
| Assets, Current | 16.27M | 23.02M | 31.06M | 33.91M | 43.02M | 54.44M |
| Assets | 36.11M | 43.71M | 52.57M | 56.32M | 66.35M | 78.76M |
| Liabilities, Current | 9.52M | 9.48M | 11.16M | 11.47M | 12.63M | 14.95M |
| Liabilities | 46.83M | 48.04M | 50.95M | 52.44M | 54.75M | 58.14M |
| Stockholders' Equity Attributable to Parent | -10.72M | -4.33M | 1.62M | 3.87M | 11.59M | 20.62M |
| Common Stock, Shares, Outstanding | 1.77M | 1.64M | 1.63M | 65.88M | 1.31M | 65.46M |
Cash Flow Statement
| Concept | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -6.07M | -22.79M | -15.43M | -8.84M | -11.35M | -58.66M |
| Payments to Acquire Property, Plant, and Equipment | 96.00K | 20.00K | 20.00K | — | -58.00K | 2.40M |
| Net Cash Provided by (Used in) Investing Activities | -96.00K | -2.00K | -2.00K | — | 28.13M | 52.17M |
| Net Cash Provided by (Used in) Financing Activities | 0 | 4.27M | 4.64M | — | -1.00K | 8.53M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (LYRA CIK 0001327273),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.