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SGMTSagimet Biosciences Inc.
$7.74$252M
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SGMT logoSagimet Biosciences Inc.(SGMT)Earnings, Financials & Key Ratios

SGMT•NASDAQ
$7.74
Price updated Jul 6, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryMetabolic and Obesity Therapies
AboutSagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional lipid metabolism pathways. Its lead drug candidate is Denifanstat, a FASN inhibitor for the treatment of nonalcoholic steatohepatitis and acne. The company is also developing TVB-3567, a FASN inhibitor for the treatment of various types of cancers. The company was formerly known as 3-V Biosciences, Inc. and changed its name to Sagimet Biosciences Inc. in August 2019. Sagimet Biosciences Inc. was incorporated in 2006 and is headquartered in San Mateo, California.Show more
  • Revenue$0
  • EBITDA-$57M-24.8%
  • Net Income-$51M-12.0%
  • EPS (Diluted)-1.58-9.0%
  • ROE-38.2%-3.5%

SGMT Price & Volume

Sagimet Biosciences Inc. (SGMT) stock price & volume — 10-year historical chart

Loading chart...

Clinical Development Costs Threaten Liquidity Runway

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Imminent capital dilution risk

Key Thesis Takeaways

  • Sagimet Biosciences remains a pre-revenue biotechnology entity entirely dependent on external financing to advance its MASH clinical programs.
  • The company's reliance on R&D spending, which peaked at $15.3 million in 2025Q1, has led to a significant erosion of equity from $190.0 million in 2024Q1 to $102.5 million by 2026Q1.
  • Investors should monitor the company's ability to secure non-dilutive partnerships, as the current cash position of $36.6 million provides a limited buffer against ongoing operational losses.

Verdict Logic

the company's cash position has plummeted from $176.8 million in 2024Q1 to $36.6 million in 2026Q1, signaling an imminent risk of dilutive financing to sustain operations.

SGMT Growth Metrics

Sagimet Biosciences Inc. (SGMT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM23.82%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM23.3%

Return on Capital

10 Years-62.32%
5 Years-50.09%
3 Years-46.15%
Last Year-42.58%

SGMT Recent Earnings

Sagimet Biosciences Inc. (SGMT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)
Q2 2026Latest
May 12, 2026
Metric
Actual
Est
EPS
$0.33+15.4%
$0.39
Rev
—
—
Q2 2026
Mar 11, 2026
Metric
Actual
Est
EPS
$0.29+32.6%
$0.43
Rev
—
$1M
Q4 2025
Nov 13, 2025
Metric
Actual
Est
EPS
$0.40+2.4%
$0.41
Rev
—
—
Q3 2025
Aug 13, 2025
Metric
Actual
Est
EPS
$0.32+38.5%
$0.52
Rev
—
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 12, 2026
$0.33vs $0.39+15.4%
—
Q2 2026Mar 11, 2026
$0.29vs $0.43+32.6%
—vs $1M
Q4 2025Nov 13, 2025
$0.40vs $0.41+2.4%
—
Q3 2025Aug 13, 2025
$0.32vs $0.52+38.5%
—
Based on last 12 quarters of dataView full earnings history →

Latest SGMT News

Recent stock market news and headlines for Sagimet Biosciences Inc. (SGMT)

GlobeNewsWire·Jun 29, 2026
Sagimet Biosciences Joins the Russell 2000® and Russell 3000® Indexes

SAN MATEO, Calif., June 29, 2026 (GLOBE NEWSWIRE) -- Sagimet Biosciences Inc. (Nasdaq: SGMT), a clinical-stage biopharmaceutical company developing novel therapeutics targeting dysfunctional metabolic and fibrotic pathways, today announced that the Company has been added to the broad-market Russell 3000® Index and small-cap Russell 2000® Index, effective at the open of U.S. equity markets today, as part of the 2026 Russell Indexes reconstitution.

GlobeNewsWire·Jun 22, 2026
Sagimet Biosciences Announces Participation in Upcoming Investor Conference and Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

SAN MATEO, Calif., June 22, 2026 (GLOBE NEWSWIRE) -- Sagimet Biosciences Inc. (Nasdaq: SGMT), a clinical-stage biopharmaceutical company developing novel therapeutics targeting dysfunctional metabolic and fibrotic pathways, today announced that management will participate in 1x1 investor meetings at the Leerink Partners Therapeutics Forum in Boston, MA on July 15, 2026.

Peers Comparison

Key metrics vs top competitors for Sagimet Biosciences Inc. (SGMT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SGMT logoSGMTSagimet Biosciences Inc.Current
$7.74$252.18M-4.90——-38.2%—
MDGL logoMDGLMadrigal Pharmaceuticals, Inc.
$529.48$12.21B-41.20432.05%-27.32%-50.15%—
AKBA logoAKBAAkebia Therapeutics, Inc.
$1.30$348.74M-62.5047.46%-8.83%-62.72%—
HALO logoHALOHalozyme Therapeutics, Inc.
$80.78$9.58B31.5537.55%23.13%126.27%—
ACAD logoACADACADIA Pharmaceuticals Inc.
$25.77$4.41B11.2511.87%34.3%35.65%—
GNFT logoGNFTGenfit S.A.
$8.95$447.53M256.88134.56%-14.12%-22.98%—

Compare SGMT vs Peers

Sagimet Biosciences Inc. (SGMT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MDGL

Most directly comparable listed peer for SGMT.

Scale Benchmark

vs LLY

Larger-name benchmark to compare SGMT against a more recognizable public peer.

Peer Set

Compare Top 5

vs MDGL, AKBA, HALO, ACAD

SGMT SEC Filings & Documents

Sagimet Biosciences Inc. (SGMT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 12, 2026·SEC

Material company update

Apr 28, 2026·SEC

Material company update

Apr 27, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 11, 2026·SEC

FY 2025

Mar 12, 2025·SEC

FY 2024

Mar 25, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 12, 2026·SEC

FY 2025

Nov 13, 2025·SEC

FY 2025

Aug 13, 2025·SEC

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SGMT Frequently Asked Questions

Sagimet Biosciences Inc. (SGMT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
Is SGMT profitable?

Sagimet Biosciences Inc. (SGMT) reported a net loss of $43.5M for fiscal year 2025.

Dividend & Returns
What is SGMT's return on equity?

Sagimet Biosciences Inc. (SGMT) has a return on equity (ROE) of -38.2%. Negative ROE indicates the company is unprofitable.

What is Sagimet Biosciences Inc.'s free cash flow?

Sagimet Biosciences Inc. (SGMT) had negative free cash flow of $39.7M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in SGMT back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →