Septerna, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $46.0M | $1.1M | $151.0K |
| Cost of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Gross Margin | — | — | — |
| Operating Expenses | |||
| Research & Development | $97.6M | $65.3M | $36.0M |
| SG&A Expense | $29.2M | $16.6M | $9.7M |
| Operating Income | $-68.3M | $-80.8M | $2.1M |
| Operating Margin | -148.6% | -7,518.4% | 1,374.2% |
| Interest Expense | — | — | — |
| Pretax Income | $-48.9M | $-72.3M | $-48.9M |
| Income Tax Expense | $12.0K | $-498.0K | $691.0K |
| Net Income | $-48.9M | $-71.8M | $4.2M |
| Net Margin | -106.4% | -6,678.9% | 2,768.2% |
| EPS (Basic) | $-1.10 | $-7.26 | $0.07 |
| EPS (Diluted) | $-1.10 | $-7.26 | $0.07 |
| Shares Outstanding (Basic) | 44.3M | 9.9M | 7.7M |
| Shares Outstanding (Diluted) | 44.3M | 9.9M | 8.7M |
| Dividends Per Share | — | — | — |