10-Q quarterly report · filed Nov 10, 2025

Septerna, Inc. (SEPN) Q3 2025 10-Q Quarterly Report

Short answer

Septerna, Inc. (SEPN) filed its Q3 2025 10-Q quarterly report on Nov 10, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $21M (up 2390.7% year over year) with net income of $8M.

Q3 2025 key financials · XBRL

Revenue
$21M
+2390.7% YoY · +17963.0% QoQ
Net income
$8M
+116.0% YoY · +132.9% QoQ
Operating margin
12.2%
EPS (diluted)
$0.19
+100.9% YoY · +133.9% QoQ

Source: XBRL data from the Septerna, Inc. (SEPN) Q3 2025 10-Q on SEC EDGAR. USD.

Septerna, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • No explicit quarter-specific risk-factor changes provided; supplied excerpt is truncated before the Risk Factors section
  • Liquidity risk: accumulated deficit $156.5 million despite $561.6 million in cash, cash equivalents, and marketable securities
  • Financing risk: additional funding required, potentially on unacceptable terms or unavailable
  • Regulatory risk: no product candidate approved by the FDA for commercial sale
  • Collaboration risk: revenue depends on Novo and Vertex upfront payments and milestone achievements

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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