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Septerna, Inc. SEPN Contract Liabilities

Contract Liabilities at other companies

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Other financials

Income statement

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Revenue$26.7M+22,376%
Operating income-$16.8M+41.9%
Net income-$13.0M+47.5%
EPS (diluted)-$0.29+48.2%

Balance sheet

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Cash & equivalents$84.7M-55.3%
Total debt$22.5M-8.2%
Total equity$386.7M+2.4%
Total assets$566.7M+36.5%

Cash flow

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Operating cash flow-$22.2M-9.3%
CapEx$832.0K+118%
Free cash flow-$22.2M-9.0%

Valuation

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Market cap$1.75B+242%
Enterprise value$1.69B+386%
P/S17.7×-687×

Profitability

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Operating margin-44%-22.0pp
Net margin-24.5%-12.2pp
FCF margin467.9%+243pp

Returns & leverage

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Return on equity-6.3%
Debt / equity0.1×0.0×
Current ratio-17.1×

Where this comes from

Reported directly by Septerna, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Septerna, Inc.’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-342353
Line itemJune 30, 2026December 31, 2025
Deferred revenue, current60,35462,269
Operating lease liabilities, current2,4092,212
Total current liabilities79,31686,931
Deferred revenue, non-current80,043105,917
Operating lease liabilities, non-current20,13621,413
Other non-current liabilities521
Total liabilities180,016214,261
Commitments and contingencies (Note 5)

Item 1. Condensed Financial Statements.

FAQ

What is Septerna, Inc.'s contract liabilities?
Septerna, Inc. (SEPN) reported contract liabilities of $80.04M in Q2 2026.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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