Septerna (SEPN) Operating Income (2023 - 2026)

Septerna (SEPN) recorded quarterly Operating Income of -$13.3 million in Q1 2026, down 131.66% quarter-over-quarter from $42.0 million in Q4 2025, and up 48.67% on a YoY basis from -$8.9 million in Q1 2025.

Septerna (SEPN) Operating Income (2023 - 2026) Analysis & Trends

Septerna's Operating Income history runs 4 years deep, the most recent figure standing at -$13.3 million for Q1 2026.

  • In Q1 2026, Operating Income rose 48.67% year-over-year to -$13.3 million; the TTM figure through Mar 2026 stood at $2.3 million (up 102.57% YoY), while the FY2025 annual figure was -$10.3 million, up 87.3% from the prior year.
  • Operating Income was -$13.3 million for Q1 2026 at Septerna, down from $42.0 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $42.0 million in Q4 2025 to a low of -$29.0 million in Q2 2025.
  • Historically, Operating Income has averaged -$7.5 million across 4 years, with a median of -$15.5 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Operating Income plunged 172.03% in 2024, then jumped 269.97% in 2025.
  • A 4-year view of Operating Income shows it stood at $34.3 million in 2023, then sank by 172.03% to -$24.7 million in 2024, then surged by 269.97% to $42.0 million in 2025, then tumbled by 131.66% to -$13.3 million in 2026.
  • The last three Operating Income figures came in at -$13.3 million (Q1 2026), $42.0 million (Q4 2025), and $2.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -19.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.14 Bn
9 Abivax 91.96 Bn 91.96 Bn - -65.83 Mn
10 Septerna 1.62 Bn 1.62 Bn - -13.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.30 Mn
Dec 31, 2025 42.01 Mn
Sep 30, 2025 2.61 Mn
Jun 30, 2025 -28.98 Mn
Mar 31, 2025 -25.91 Mn
Dec 31, 2024 -24.72 Mn
Sep 30, 2024 -22.55 Mn
Jun 30, 2024 -18.07 Mn
Mar 31, 2024 -15.49 Mn
Dec 31, 2023 34.32 Mn
Sep 30, 2023 -12.04 Mn