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Septerna, Inc. SEPN Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Operating margin-77.1%+71.6pp-148.6%+201pp-349.2%+13,722pp-14,071.1%-4,732pp-9,339.1%
Net margin-49.9%+56.5pp-106.4%+160pp-266.8%+11,786pp-12,053%-3,949pp-8,104.1%
EBITDA margin-74.8%+70.3pp-145.1%+197pp-342%+13,515pp-13,857%
Liquidity
Current ratio4.7×0.0×4.7×-1.8×6.5×-15.6×22.1×
Quick ratio4.7×0.0×4.7×-1.8×6.5×-15.6×22.1×
Cash ratio0.9×-0.5×1.4×-2.9×4.3×-8.3×12.5×
Leverage
Debt-to-equity0.1×
Debt-to-assets0.0×0.0×0.0×0.1×
Per Share
Book value per share$8.46-2.0%$8.63+1.2%$8.52-0.3%$8.55+194%-$9.11-121%
Valuation
Market capitalization$1.08B-13.6%$1.25B+48.8%$838.65M
Enterprise value$1.03B-10.5%$1.15B+112%$542.77M
Price / sales14.9×-12.2×27.2×-10.9×38×
Price / book2.9×
EV / sales14.3×-10.8×25.1×+0.4×24.6×
Earnings yield-3.3%+0.6pp-3.9%+3.1pp-7%

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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.