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Filing Flows › Septerna (SEPN) › Q2 2026 › vs Q1 2026

Septerna (SEPN) Q2 2026 vs Q1 2026 (quarter over quarter)

Septerna's revenue rose $223K (+0.8%) from $26.5M in Q1 2026 to $26.7M in Q2 2026.

Septerna, Q2 2026: revenue $26.7M (225× year over year), operating margin -62.9%, net loss $13.0M, operating cash flow −$22.2M. The chart draws each line against Q1 2026, the increases inside each band.

Septerna: what changed, Q2 2026 vs Q1 2026Septerna: what changed, Q2 2026 vs Q1 2026Working capital & other−$8.8MResearch & development$5.6MNet loss$4.4MNet loss absorbed$4.4MCosts & expenses$4.4MOperating cash sources−$4.4MOperating costs$3.8MCash used in operations−$3.5MGeneral & admin−$1.8MShare-based compensation−$941K

Every line

LineQ2 2026Q1 2026Change%
Revenue$26.7M$26.5M$223K+0.8%
Other income, net$4.8M$5.0M−$225K-5%
Net loss$13.0M$8.6M$4.4M+51%
Costs & expenses$44.6M$40.2M$4.4M+11%
Operating costs$43.6M$39.8M$3.8M+9%
Income tax$973K$337K$636K+189%
Research & development$35.1M$29.5M$5.6M+19%
General & admin$8.4M$10.3M−$1.8M-18%
Operating cash sources$27.7M$32.1M−$4.4M-14%
Depreciation & amortization$427K$421K$6K+1%
Share-based compensation$5.1M$6.0M−$941K-16%
Cash used in operations$22.2M$25.6M−$3.5M-13%
Net loss absorbed$13.0M$8.6M$4.4M+51%
Working capital & other$14.6M$23.4M−$8.8M-37%

Questions

How much did Septerna's revenue grow quarter over quarter in Q2 2026?

Septerna's revenue rose $223K (+0.8%) from $26.5M in Q1 2026 to $26.7M in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →