Sionna Therapeutics (SION) Operating Expenses (2024 - 2026)
Sionna Therapeutics' (SION) quarterly Operating Expenses came in at $29.6 million in Q1 2026, up 50.56% year-on-year from $19.7 million in Q1 2025, and up 25.36% quarter-over-quarter from $23.6 million in Q4 2025.
Sionna Therapeutics (SION) Operating Expenses (2024 - 2026) Analysis & Trends
Sionna Therapeutics has disclosed Operating Expenses across 3 years of filings, most recently posting $29.6 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $29.6 million, up 50.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $98.9 million (up 28.36% YoY), and the FY2025 annual result was $89.0 million, up 26.12% from the prior year.
- Operating Expenses came in at $29.6 million for Q1 2026 at Sionna Therapeutics, up 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.
- The 3-year median for Operating Expenses is $21.9 million (2025), against an average of $21.0 million.
- Peak annual rise in Operating Expenses reached 94.0% in 2025, while the deepest fall reached 14.93% in 2025.
- Sionna Therapeutics' Operating Expenses stood at $18.1 million in 2024, then surged by 30.22% to $23.6 million in 2025, then grew by 25.36% to $29.6 million in 2026.
- The last three Operating Expenses figures came in at $29.6 million (Q1 2026), $23.6 million (Q4 2025), and $23.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 814,307.08 Bn | 814,307.05 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 55,320.00 Bn | 55,320.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,149.72 Bn | 17,149.72 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,590.00 Bn | 3,589.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,650.72 Bn | 1,650.72 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,522.09 Bn | 1,522.07 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 229.39 Bn | 229.38 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 113.09 Bn | 105.85 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 90.15 Bn | 90.15 Bn | - | -67.40 Mn |
| 10 | Sionna Therapeutics | 1.61 Bn | 1.61 Bn | - | 29.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |