Sagimet Biosciences (SGMT) Operating Expenses (2022 - 2026)

Sagimet Biosciences (SGMT) recorded quarterly Operating Expenses of $11.7 million in Q1 2026, up 8.81% quarter-over-quarter from $10.8 million in Q4 2025, and down 41.04% on a YoY basis from $19.9 million in Q1 2025.

Sagimet Biosciences (SGMT) Operating Expenses (2022 - 2026) Analysis & Trends

Sagimet Biosciences' Operating Expenses history runs 5 years deep, the most recent figure standing at $11.7 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 41.04% year-over-year to $11.7 million; the TTM figure through Mar 2026 stood at $48.7 million (down 25.65% YoY), while the FY2025 annual figure was $56.9 million, up 4.47% from the prior year.
  • Operating Expenses was $11.7 million for Q1 2026 at Sagimet Biosciences, up from $10.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $19.9 million in Q1 2025 to a low of $6.8 million in Q1 2023.
  • Historically, Operating Expenses has averaged $11.1 million across 5 years, with a median of $10.0 million in 2023.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses jumped 126.56% in 2025, then slumped 41.04% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $7.4 million in 2022, then climbed by 28.13% to $9.5 million in 2023, then surged by 92.21% to $18.2 million in 2024, then sank by 40.84% to $10.8 million in 2025, then gained by 8.81% to $11.7 million in 2026.
  • The last three Operating Expenses figures came in at $11.7 million (Q1 2026), $10.8 million (Q4 2025), and $14.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn - 4.33 Mn
2 Belite Bio 55,096.00 Bn 55,096.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn - 2.97 Mn
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn - 15.76 Mn
6 Evaxion A 1,551.28 Bn 1,551.26 Bn - -3.82 Mn
7 Psyence Biomedical 227.32 Bn 227.31 Bn - 574,669.00
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.71 Bn 91.71 Bn - -67.40 Mn
10 Sagimet Biosciences 211.96 Mn 211.96 Mn - 11.71 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.71 Mn
Dec 31, 2025 10.77 Mn
Sep 30, 2025 14.33 Mn
Jun 30, 2025 11.93 Mn
Mar 31, 2025 19.87 Mn
Dec 31, 2024 18.20 Mn
Sep 30, 2024 16.90 Mn
Jun 30, 2024 10.59 Mn
Mar 31, 2024 8.77 Mn
Dec 31, 2023 9.47 Mn
Sep 30, 2023 9.45 Mn
Jun 30, 2023 7.06 Mn
Mar 31, 2023 6.77 Mn
Dec 31, 2022 7.39 Mn
Sep 30, 2022 7.69 Mn
Jun 30, 2022 7.24 Mn