Septerna (SEPN) Research & Development (2023 - 2026)

Septerna's (SEPN) quarterly Research & Development came in at $29.5 million in Q1 2026, up 53.26% year-on-year from $19.3 million in Q1 2025, and down 7.3% quarter-over-quarter from $31.9 million in Q4 2025.

Septerna (SEPN) Research & Development (2023 - 2026) Analysis & Trends

Septerna's Research & Development history runs 4 years deep, the most recent figure standing at $29.5 million for Q1 2026.

  • On a quarterly basis, Research & Development rose 53.26% year-over-year to $29.5 million in Q1 2026; TTM through Mar 2026 was $107.8 million, a 50.93% increase from a year earlier, with the FY2025 full-year figure at $97.6 million, up 49.35% from the prior year.
  • Research & Development declined to $29.5 million in Q1 2026 per SEPN's latest filing, from $31.9 million in the prior quarter.
  • Across five years, Research & Development topped out at $31.9 million in Q4 2025 and bottomed at $9.3 million in Q3 2023.
  • The 4-year median for Research & Development is $19.3 million (2025), against an average of $19.3 million.
  • Across the five-year window, Research & Development jumped 92.13% in 2024 and jumped 36.07% in 2025, its largest moves.
  • Year by year, Research & Development stood at $10.3 million in 2023, then soared by 87.07% to $19.3 million in 2024, then jumped by 64.94% to $31.9 million in 2025, then fell by 7.3% to $29.5 million in 2026.
  • Per Business Quant, the three latest SEPN Research & Development figures stand at $29.5 million (Q1 2026), $31.9 million (Q4 2025), and $24.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -17.94 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 1.46 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 541.22 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 15.66 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -443.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 343.97 Mn
10 Septerna 1.48 Bn 1.48 Bn - 29.54 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 29.54 Mn
Dec 31, 2025 31.86 Mn
Sep 30, 2025 24.26 Mn
Jun 30, 2025 22.19 Mn
Mar 31, 2025 19.27 Mn
Dec 31, 2024 19.32 Mn
Sep 30, 2024 17.83 Mn
Jun 30, 2024 15.04 Mn
Mar 31, 2024 13.15 Mn
Dec 31, 2023 10.33 Mn
Sep 30, 2023 9.28 Mn