Septerna, Inc. (SEPN)

Septerna Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	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
Shares Outstanding	44.68	44.42	-	-
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%	-17147.00%
Profit Margin	-	-	2768.21%	-15560.30%
FCF Margin	-	-	-27550.30%	-16286.10%
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%	-17147.00%
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