Sionna Therapeutics (SION) Operating Expenses (2024 - 2026)

Sionna Therapeutics (SION) reported Operating Expenses of $29.6 million for Q1 2026, up 50.56% on a YoY basis from $19.7 million in Q1 2025, and up 25.36% sequentially from $23.6 million in Q4 2025.

Sionna Therapeutics (SION) Operating Expenses (2024 - 2026) Analysis & Trends

Sionna Therapeutics (SION) has 3 years of Operating Expenses data on file, last reported at $29.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 50.56% year-over-year to $29.6 million; the trailing twelve-month figure through Mar 2026 stood at $98.9 million (up 28.36% YoY), and the FY2025 full-year result was $89.0 million, up 26.12% from the prior year.
  • Operating Expenses advanced to $29.6 million in Q1 2026, from $23.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $29.6 million in Q1 2026 to a low of $11.3 million in Q2 2024.
  • A 3-year average of $21.0 million and a median of $21.9 million in 2025 frame the typical range for Operating Expenses.
  • Peak annual rise in Operating Expenses reached 94.0% in 2025, while the deepest fall reached 14.93% in 2025.
  • Tracing SION's Operating Expenses over 3 years: stood at $18.1 million in 2024, then jumped by 30.22% to $23.6 million in 2025, then climbed by 25.36% to $29.6 million in 2026.
  • Business Quant data shows SION's Operating Expenses at $29.6 million in Q1 2026, $23.6 million in Q4 2025, and $23.8 million in 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 Sionna Therapeutics 1.98 Bn 1.98 Bn - 29.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 29.60 Mn
Dec 31, 2025 23.61 Mn
Sep 30, 2025 23.81 Mn
Jun 30, 2025 21.91 Mn
Mar 31, 2025 19.66 Mn
Dec 31, 2024 18.13 Mn
Sep 30, 2024 27.98 Mn
Jun 30, 2024 11.29 Mn
Mar 31, 2024 13.15 Mn