AI brief of an SEC Form 8-K · Septerna, Inc. (SEPN)
Septerna Q3 revenue falls to $18.9 million; net loss of $26.6 million
Septerna reported third quarter 2026 results, with revenue of $18.9 million, down from $21.5 million a year earlier, and a net loss of $26.6 million, compared with net income of $8.2 million in the same quarter of 2025. The prior-year quarter included a $12.5 million gain on sale of a non-financial asset, and research and development expenses rose to $36.6 million from $24.3 million, so shareholders face a larger loss on lower revenue.
Key points
- Revenue was $18.9 million for the quarter ended September 30, 2026, versus $21.5 million a year earlier.
- Net loss was $26.6 million, or $0.57 per share, versus net income of $8.2 million, or $0.18 per share, a year earlier.
- R&D expenses rose to $36.6 million from $24.3 million, and G&A expenses rose to $9.6 million from $7.1 million.
- Cash, cash equivalents and marketable securities totaled $565.2 million at September 30, 2026, which the company expects to fund operations at least into mid-2029.
The filing
CompanySepterna, Inc. (SEPN)
Form8-K, current report
Filed with the SECNov 9, 2026, 4:04 PM ET
Accession number0001193125-26-453547
Written by AI on Nov 9, 2026, 5:16 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.