Septerna Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	-	-	0.15	0.15
Gross Profit	-	-	0.15	0.15
Selling, General & Admin	29.16	16.56	9.72	15.65
Research & Development	97.58	65.34	35.98	58.02
Other Operating Expenses	-12.5	-	-47.63	-47.63
Total Operating Expenses	114.25	81.9	-1.92	26.04
Operating Income	-68.3	-80.82	2.08	-25.89
Interest Income	19.53	8.62	2.79	3.08
Other Non-Operating Income (Expense)	-0.1	-0.09	0.01	0.01
Total Non-Operating Income (Expense)	19.43	8.53	2.8	3.09
Pretax Income	-48.87	-72.3	4.87	-22.81
Provision for Income Taxes	0.01	-0.5	0.69	0.69
Net Income	-48.88	-71.8	0.57	-27.11
Net Income to Common	-48.88	-71.8	0.57	-27.11
Shares Outstanding (Basic)	44	10	2	1
Shares Outstanding (Diluted)	44	10	2	1
Shares Change (YoY)	347.45%	354.32%	51.52%	-
EPS (Basic)	-1.10	-7.26	0.29	-19.26
EPS (Diluted)	-1.10	-7.26	0.29	-19.26
Free Cash Flow	109.67	-69.57	-41.6	-24.59
Free Cash Flow Per Share	2.48	-7.03	-19.11	-17.11
Gross Margin	-	-	100.00%	100.00%
Operating Margin	-	-	1374.17%	-17147.02%
Profit Margin	-	-	2768.21%	-15560.26%
FCF Margin	-	-	-27550.33%	-16286.09%
EBITDA	-66.69	-79.42	2.92	-25.32
EBITDA Margin	-	-	1935.76%	-16764.90%
EBIT	-68.3	-80.82	2.08	-25.89
EBIT Margin	-	-	1374.17%	-17147.02%
Effective Tax Rate	-0.02%	0.69%	14.19%	-3.03%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q