Sagimet Biosciences (SGMT) Operating Expenses (2022 - 2026)
Sagimet Biosciences (SGMT) reported Operating Expenses of $15.82 million for Q2 2026, up 32.6% from $11.93 million a year earlier and up 35.0% from the prior quarter.
Sagimet Biosciences (SGMT) Operating Expenses (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Sagimet Biosciences' Operating Expenses came in at $52.63 million, down 21.3% year-over-year; for FY2025, it was $56.89 million, up 4.5% from FY2024.
- Operating Expenses has increased for three consecutive years, with a three-year compound annual growth rate of 22.4% (FY2022 to FY2025).
- By year, Operating Expenses came in at $54.45 million in FY2024 (+66.3%), $32.74 million in FY2023 (+5.4%) and $31.06 million in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Operating Expenses since Q1 2025.
- Year over year, Operating Expenses gained in five of the last eight quarters, with growth averaging 30.7%.
- The high point for year-over-year Operating Expenses in five years was Q1 2025 (growth of 126.6%); the low point was Q1 2026 (a decline of 41.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $11.71 million (Q1 2026), $10.77 million (Q4 2025) and $14.33 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | 7.68 Bn |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | 11.12 Bn |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | 11.14 Bn |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | 7.61 Bn |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | 6.09 Bn |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | 9.70 Bn |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | 6.66 Bn |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | 4.84 Bn |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | 7.09 Bn |
| 10 | Sagimet Biosciences | 569.92 Mn | -4.57 Mn | - | 15.82 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.82 Mn |
| 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 |
Sagimet Biosciences Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SGMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SGMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SGMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();