Septerna, Inc.
Income Statement
| Line Item | FY2026 | 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 | $-1.82 | $0.01 |
| EPS (Diluted) | — | $-1.10 | $-1.82 | $0.01 |
| Shares Outstanding (Basic) | 44.9M | 44.3M | 39.6M | 38.6M |
| Shares Outstanding (Diluted) | 44.9M | 44.3M | 39.6M | 43.5M |
| Dividends Per Share | — | — | — | — |