Septerna (SEPN) Operating Expenses (2023 - 2026)

Septerna has reported Operating Expenses for 4 years, with the latest figure at $6.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 25.35% year-over-year to $6.2 million; the trailing twelve-month figure through Mar 2026 stood at $94.3 million (down 18.68% YoY), and the FY2025 full-year result was $114.2 million, up 39.5% from the prior year.
• Operating Expenses for Q1 2026 stood at $6.2 million, down from $40.1 million in the prior quarter.
• The five-year high for Operating Expenses was $69.9 million in Q4 2024, with the low at -$34.2 million in Q4 2023.
• Average Operating Expenses over 4 years is $18.5 million, with a median of $18.4 million recorded in 2024.
• Year-over-year, Operating Expenses soared 304.29% in 2024 and sank 68.93% in 2025.
• Tracing SEPN's Operating Expenses over 4 years: stood at -$34.2 million in 2023, then soared by 304.29% to $69.9 million in 2024, then plunged by 42.55% to $40.1 million in 2025, then tumbled by 84.66% to $6.2 million in 2026.
• The last three Operating Expenses figures came in at $6.2 million (Q1 2026), $40.1 million (Q4 2025), and $18.9 million (Q3 2025), per Business Quant data.

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