What is Septerna, Inc.'s operating income?

Septerna, Inc. (SEPN) reported operating income of -$13.3M in Q1 2026.

How has Septerna, Inc.'s operating income changed year-over-year?

Septerna, Inc.'s operating income increased by 48.7% year-over-year, from -$25.91M to -$13.3M.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Septerna, Inc. SEPN Operating Income

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Other financials

Income statement

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Revenue$26.5M+12,011%

Net income-$8.6M+59.8%

EPS (diluted)-$0.19+61.2%

Balance sheet

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Cash & equivalents$71.6M-65.9%

Total debt$23.1M-7.7%

Total equity$378.5M+195%

Total assets$569.7M+31.3%

Cash flow

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Operating cash flow-$25.6M-9.8%

CapEx$832.0K+118%

Free cash flow-$26.5M-11.5%

Valuation

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Market cap$1.65B+319%

Enterprise value$1.6B+1,325%

P/S22.8×-379×

Profitability

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Operating margin-77.1%-38.4pp

Net margin-49.9%-24.9pp

FCF margin467.9%+243pp

Returns & leverage

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Return on equity-12.2%—

Debt / equity0.1×—

Current ratio4.7×-27.5×

Where this comes from

Reported directly by Septerna, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Septerna, Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Septerna, Inc.'s operating income?: Septerna, Inc. (SEPN) reported operating income of -$13.3M in Q1 2026.
How has Septerna, Inc.'s operating income changed year-over-year?: Septerna, Inc.'s operating income increased by 48.7% year-over-year, from -$25.91M to -$13.3M.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.