Quick Answer
Septerna, Inc. reported R&D Expense of $97.58 million for fiscal year 2025.
Septerna, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $97.58M | +49.4% |
| 2024 | $65.34M | +81.6% |
| 2023 | $35.98M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $24.26M | +36.1% | +9.4% |
| June 30, 2025 | $22.19M | +47.6% | +15.1% |
| March 31, 2025 | $19.27M | +46.5% | +8.1% |
| September 30, 2024 | $17.83M | +92.1% | +18.6% |
| June 30, 2024 | $15.04M | — | +14.3% |
| March 31, 2024 | $13.15M | — | +41.7% |
| September 30, 2023 | $9.28M | — | — |
- Septerna, Inc. showed an increase of +49.4% in R&D Expense compared to the prior fiscal year.
- Over the 2023–2025 period, Septerna, Inc.’s r&d expense has grown by 171.2% (from $35.98 million to $97.58 million).
- The most recent figure is from Septerna, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 9, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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