Septerna (SEPN) Operating Leases (2023 - 2026)

Septerna (SEPN) posted quarterly Operating Leases of $20.8 million for Q1 2026, down 10.0% year-over-year from $23.1 million in Q1 2025, and down 2.95% quarter-over-quarter from $21.4 million in Q4 2025.

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

Septerna's Operating Leases history runs 4 years deep, the most recent figure standing at $20.8 million for Q1 2026.

  • In Q1 2026, Operating Leases fell 10.0% year-over-year to $20.8 million; the TTM figure through Mar 2026 stood at $20.8 million (down 10.0% YoY), while the FY2025 annual figure was $21.4 million, down 9.36% from the prior year.
  • Operating Leases for Q1 2026 stood at $20.8 million, down from $21.4 million in the prior quarter.
  • The five-year high for Operating Leases was $24.1 million in Q3 2024, with the low at $12.6 million in Q4 2023.
  • The 4-year median for Operating Leases is $22.3 million (2025), against an average of $21.3 million.
  • The sharpest annual moves came in 2024 and 2026: Operating Leases jumped 88.01% in 2024, then fell 10.0% in 2026.
  • Septerna's Operating Leases stood at $12.6 million in 2023, then surged by 88.01% to $23.6 million in 2024, then fell by 9.36% to $21.4 million in 2025, then slipped by 2.95% to $20.8 million in 2026.
  • Business Quant data shows SEPN's Operating Leases at $20.8 million in Q1 2026, $21.4 million in Q4 2025, and $22.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn
7 Royalty Pharma 33.72 Bn 35.84 Bn -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn
10 Septerna 2.08 Bn 2.08 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2026 20.14 Mn
Mar 31, 2026 20.78 Mn
Dec 31, 2025 21.41 Mn
Sep 30, 2025 21.99 Mn
Jun 30, 2025 22.55 Mn
Mar 31, 2025 23.09 Mn
Dec 31, 2024 23.63 Mn
Sep 30, 2024 24.11 Mn
Dec 31, 2023 12.57 Mn