Septerna Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	22.05	1.08	0.15	-
Revenue Growth (YoY)	2147.20%	611.92%	-	-
Gross Profit	22.05	1.08	0.15	-
Selling, General & Admin	26.5	16.56	9.72	5.92
Research & Development	85.04	65.34	35.98	22.04
Operating Expenses	111.54	81.9	45.7	27.97
Operating Income	-89.49	-80.82	-45.55	-27.97
Interest & Investment Income	18.1	8.62	2.79	0.29
Other Non Operating Income (Expenses)	-0.08	-0.09	0.01	-
EBT Excluding Unusual Items	-71.47	-72.3	-42.75	-27.68
Gain (Loss) on Sale of Assets	12.5	-	47.63	-
Pretax Income	-58.97	-72.3	4.87	-27.68
Income Tax Expense	-0.16	-0.5	0.69	-
Net Income	-58.81	-71.8	4.18	-27.68
Preferred Dividends & Other Adjustments	-	-	3.61	-
Net Income to Common	-58.81	-71.8	0.57	-27.68
Shares Outstanding (Basic)	41	10	2	1
Shares Outstanding (Diluted)	41	10	2	1
Shares Change (YoY)	1704.89%	354.32%	51.52%	-
EPS (Basic)	-1.43	-7.26	0.29	-19.26
EPS (Diluted)	-1.43	-7.26	0.29	-19.26
Free Cash Flow	103.15	-69.57	-41.6	-24.59
Free Cash Flow Per Share	2.50	-7.03	-19.11	-17.11
Gross Margin	100.00%	100.00%	100.00%	-
Operating Margin	-405.95%	-7518.42%	-30165.56%	-
Profit Margin	-266.77%	-6678.88%	375.50%	-
Free Cash Flow Margin	467.92%	-6471.91%	-27550.33%	-
EBITDA	-87.9	-79.42	-44.7	-27.39
D&A For EBITDA	1.59	1.4	0.85	0.58
EBIT	-89.49	-80.82	-45.55	-27.97
Effective Tax Rate	-	-	14.19%	-

Source: S&P Capital IQ. Standard template. Financial Sources.