Filing Flows › Septerna (SEPN) › Q3 2026 › vs Q2 2026
Septerna (SEPN) Q3 2026 vs Q2 2026 (quarter over quarter)
Septerna's revenue fell $7.9M (-29%) from $26.7M in Q2 2026 to $18.9M in Q3 2026.
Septerna, Q3 2026: revenue $18.9M (-12% year over year), operating margin -144.2%, net loss $26.6M, operating cash flow −$13.8M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $18.9M | $26.7M | −$7.9M | -29% |
| Other income, net | $5.3M | $4.8M | $485K | +10% |
| Net loss | $26.6M | $13.0M | $13.6M | +104% |
| Costs & expenses | $50.7M | $44.6M | $6.2M | +14% |
| Operating costs | $46.1M | $43.6M | $2.5M | +6% |
| Income tax | $4.6M | $973K | $3.6M | +375% |
| Research & development | $36.6M | $35.1M | $1.4M | +4% |
| General & admin | $9.6M | $8.4M | $1.1M | +13% |
| Operating cash sources | $26.6M | $13.0M | $13.6M | +104% |
| Depreciation & amortization | $394K | $427K | −$33K | -8% |
| Share-based compensation | $5.9M | $5.1M | $848K | +17% |
| Working capital & other | $6.5M | −$14.6M | $21.2M | — |
| Cash used in operations | $13.8M | $22.2M | −$8.4M | -38% |
| Net loss absorbed | $26.6M | $13.0M | $13.6M | +104% |
Questions
How much did Septerna's revenue grow quarter over quarter in Q3 2026?
Septerna's revenue fell $7.9M (-29%) from $26.7M in Q2 2026 to $18.9M in Q3 2026.