Filing Flows

Filing Flows › Septerna (SEPN) › Q2 2026 › vs Q2 2025

Septerna (SEPN) Q2 2026 vs Q2 2025 (year over year)

Septerna's revenue rose $26.6M (225×) from $119K in Q2 2025 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 Q2 2025, the increases inside each band.

Septerna: what changed, Q2 2026 vs Q2 2025Septerna: what changed, Q2 2026 vs Q2 2025Working capital & other$17.0MCosts & expenses$15.5MOperating costs$14.5MResearch & development$12.9MNet loss−$11.8MNet loss absorbed−$11.8MOperating cash sources$5.2MShare-based compensation$3.3MCash used in operations$1.9MGeneral & admin$1.5M

Every line

LineQ2 2026Q2 2025Change%
Revenue$26.7M$119K$26.6M225×
Other income, net$4.8M$4.1M$635K+15%
Net loss$13.0M$24.8M−$11.8M-48%
Costs & expenses$44.6M$29.1M$15.5M+53%
Operating costs$43.6M$29.1M$14.5M+50%
Income tax$973K$0$973K—
Research & development$35.1M$22.2M$12.9M+58%
General & admin$8.4M$6.9M$1.5M+22%
Operating cash sources$27.7M$22.5M$5.2M+23%
Depreciation & amortization$427K$405K$22K+5%
Share-based compensation$5.1M$1.8M$3.3M+181%
Cash used in operations$22.2M$20.3M$1.9M+9%
Net loss absorbed$13.0M$24.8M−$11.8M-48%
Working capital & other$14.6M−$2.3M$17.0M—

Questions

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

Septerna's revenue rose $26.6M (225×) from $119K in Q2 2025 to $26.7M in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →