Septerna (SEPN) Operating Leases (2023 - 2026)

Septerna's (SEPN) quarterly Operating Leases came in at $20.8 million in Q1 2026, down 10.0% year-on-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.

  • On a quarterly basis, Operating Leases fell 10.0% year-over-year to $20.8 million in Q1 2026; TTM through Mar 2026 was $20.8 million, a 10.0% decrease from a year earlier, with the FY2025 full-year figure at $21.4 million, down 9.36% from the prior year.
  • Operating Leases eased to $20.8 million in Q1 2026 per SEPN's latest filing, from $21.4 million in the prior quarter.
  • Across five years, Operating Leases topped out at $24.1 million in Q3 2024 and bottomed 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.
  • Across the five-year window, Operating Leases jumped 88.01% in 2024 and slipped 10.0% in 2026, its largest moves.
  • Year by year, Operating Leases 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.
  • Per Business Quant, the three latest SEPN Operating Leases figures stand at $20.8 million (Q1 2026), $21.4 million (Q4 2025), and $22.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn
4 NuCana 279.75 Bn 279.75 Bn -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn
7 Belite Bio 62.51 Bn 62.51 Bn -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn -
10 Septerna 1.50 Bn 1.50 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