Sagimet Biosciences (SGMT) Operating Expenses (2022 - 2026)
Sagimet Biosciences' (SGMT) quarterly Operating Expenses came in at $11.7 million in Q1 2026, down 41.04% year-on-year from $19.9 million in Q1 2025, and up 8.81% quarter-over-quarter from $10.8 million in Q4 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.
- On a quarterly basis, Operating Expenses fell 41.04% year-over-year to $11.7 million in Q1 2026; TTM through Mar 2026 was $48.7 million, a 25.65% decrease from a year earlier, with the FY2025 full-year figure at $56.9 million, up 4.47% from the prior year.
- Operating Expenses advanced to $11.7 million in Q1 2026 per SGMT's latest filing, from $10.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $19.9 million in Q1 2025 and bottomed at $6.8 million in Q1 2023.
- The 5-year median for Operating Expenses is $10.0 million (2023), against an average of $11.1 million.
- Across the five-year window, Operating Expenses soared 126.56% in 2025 and slumped 41.04% in 2026, its largest moves.
- Year by year, Operating Expenses 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 tumbled by 40.84% to $10.8 million in 2025, then gained by 8.81% to $11.7 million in 2026.
- Per Business Quant, the three latest SGMT Operating Expenses figures stand at $11.7 million (Q1 2026), $10.8 million (Q4 2025), and $14.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.10 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.78 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 445.22 Mn |
| 10 | Sagimet Biosciences | 228.24 Mn | 228.24 Mn | - | 11.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |