Septerna (SEPN) Operating Leases (2023 - 2026)

Septerna (SEPN) recorded quarterly Operating Leases of $20.8 million in Q1 2026, down 2.95% quarter-over-quarter from $21.4 million in Q4 2025, and down 10.0% on a YoY basis from $23.1 million in Q1 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 was $20.8 million for Q1 2026 at Septerna, down from $21.4 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $24.1 million in Q3 2024 to a low of $12.6 million in Q4 2023.
  • Historically, Operating Leases has averaged $21.3 million across 4 years, with a median of $22.3 million in 2025.
  • The sharpest annual moves came in 2024 and 2026: Operating Leases surged 88.01% in 2024, then retreated 10.0% in 2026.
  • A 4-year view of Operating Leases shows it stood at $12.6 million in 2023, then soared by 88.01% to $23.6 million in 2024, then retreated by 9.36% to $21.4 million in 2025, then dropped by 2.95% to $20.8 million in 2026.
  • The last three Operating Leases figures came in at $20.8 million (Q1 2026), $21.4 million (Q4 2025), and $22.0 million (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
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