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| 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 |