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Septerna, Inc. SEPN Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin-77.1%+9,262pp-148.6%+7,370pp-349.2%+1,872pp-14,071.1%-12,725pp-9,339.1%
Net margin-49.9%+8,054pp-106.4%+6,573pp-266.8%+1,388pp-12,053%-11,259pp-8,104.1%
Efficiency
Asset turnover0.1×0.1×+0.1×0.1×
Liquidity
Current ratio4.7×-27.5×4.7×-23.0×6.5×-3.6×22.1×32.2×
Leverage
Debt-to-equity0.1×0.1×0.0×0.1×0.1×
Per Share
Book value per share$8.46+193%$8.63-79.7%$8.52+124%$8.55+129%-$9.11+60.8%
Valuation
Market capitalization$1.08B+319%$1.25B+22.8%$838.65M$477.22M$257.32M
Price / sales14.9×-248×27.2×-919×38×657.3×263.4×
Price / book2.9×3.3×+0.8×2.2×1.3×

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Questions, answered.

Where do Septerna, Inc.'s ratios come from?
Every ratio is computed from Septerna, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.