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Company research

Sionna Therapeutics, Inc.

CIK 2036042Updated Sep 27, 2026

SION price & chart

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About the company

We are a clinical-stage biopharmaceutical company on a mission to revolutionize the current treatment paradigm for cystic fibrosis (“CF”) patients by developing novel medicines that normalize the function of the cystic fibrosis transmembrane conductance regulator (“CFTR”) protein to deliver clinically meaningful benefit to CF patients. Our goal is to deliver differentiated medicines for people living with CF that can restore their CFTR function to as close to normal as possible by directly stabilizing CFTR’s nucleotide-binding domain 1 (“NBD1”). Despite having long been identified as a critical component for proper CFTR function, NBD1 has been considered “undruggable,” and none of the currently approved CF therapies directly stabilizes NBD1. Worldwide revenue for approved CFTR modulators was approximately $10 billion in 2023 and is expected to grow to $15 billion by 2029. Leveraging more than a decade of our co-founders’ research on NBD1, we are advancing a pipeline of small molecules engineered to correct the defects caused by the F508del genetic mutation, which resides in the NBD1 domain. Approximately 90% of people with CF carry at least one copy of the F508del genetic mutation.…

424B4 · 2025-02-07 · 0001193125-25-022709

Company description from the cited filing.

In the news

Seeking Alpha
SEC disclosures

Financials

FY 2025 · USD
Revenue— · FY 2025
Net income-75,268,000USD · FY 2025
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

Operating income-88,982,000USD · FY 2025
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

Diluted EPS-1.88USD per share · FY 2025
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024
ASSETS
AssetsUSD325,953,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

185,752,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Property, Plant and Equipment, NetUSD2,225,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

2,466,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD58,451,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

37,788,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Assets, CurrentUSD241,419,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

150,993,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Prepaid Expense and Other Assets, CurrentUSD5,537,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

3,455,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Operating Lease, Right-of-Use AssetUSD6,926,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

7,832,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Other Assets, NoncurrentUSD0
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

2,994,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD19,120,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

19,097,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Stockholders’ equity:
Preferred Stock, Value, IssuedUSD0
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

0
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Common Stock, Value, IssuedUSD45,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

5,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Additional Paid in CapitalUSD562,602,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

17,000,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Retained Earnings (Accumulated Deficit)USD-256,354,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

-181,086,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Accumulated Other Comprehensive Income (Loss), Net of TaxUSD540,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

368,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Stockholders' Equity Attributable to ParentUSD306,833,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

-163,713,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Liabilities and EquityUSD325,953,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

185,752,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Current liabilities:
Liabilities, CurrentUSD11,712,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

10,420,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Operating Lease, Liability, CurrentUSD1,269,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

1,072,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Operating Lease, Liability, NoncurrentUSD7,408,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

8,677,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Additional Financial Items
Accrued Liabilities, CurrentUSD9,668,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

8,162,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Share-based Payment Arrangement, Noncash ExpenseUSD12,066,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

3,708,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Changes in operating assets and liabilities:
Increase (Decrease) in Accounts PayableUSD-417,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

467,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-66,297,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

-52,787,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Cash flows from investing activities:
Net Cash Provided by (Used in) Investing ActivitiesUSD-118,749,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

-126,913,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Payments to Acquire Property, Plant, and EquipmentUSD377,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

27,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD205,710,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

178,967,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD20,664,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

-733,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD59,414,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

As of 2025-12-31

38,750,000
Source

10-Q · 2025-05-12 · 0002036042-25-000016

As of 2024-12-31

Additional Financial Items
Share-based Payment Arrangement, ExpenseUSD12,066,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

3,708,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Debt Securities, Available-for-sale, Realized Gain (Loss)USD0
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

0
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

DepreciationUSD647,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

668,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

General and Administrative ExpenseUSD28,719,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

13,268,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Income Tax Expense (Benefit)USD0
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

0
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Investment Income, InterestUSD13,295,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

8,170,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Net Income (Loss) Attributable to ParentUSD-75,268,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

-61,688,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Nonoperating Income (Expense)USD13,714,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

8,868,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Operating ExpensesUSD88,982,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

70,556,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD206,653,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

55,955,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Proceeds from Stock Options ExercisedUSD3,639,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

141,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024
Operating Income (Loss)USD-88,982,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

-70,556,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Income Tax Expense (Benefit)USD0
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

0
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Net Income (Loss) Attributable to ParentUSD-75,268,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

-61,688,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Earnings Per Share, BasicUSD per share-1.88
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

-15.99
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Earnings Per Share, DilutedUSD per share-1.88
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

-15.99
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Weighted Average Number of Shares Outstanding, Basicshares39,962,163
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

3,858,859
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares39,962,163
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

3,858,859
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Additional Financial Items
General and Administrative ExpenseUSD28,719,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

13,268,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Investment Income, InterestUSD13,295,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

8,170,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Nonoperating Income (Expense)USD13,714,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

8,868,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Operating ExpensesUSD88,982,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

70,556,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Research and Development ExpenseUSD60,263,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2025-01-01 to 2025-12-31

57,288,000
Source

10-K · 2026-03-02 · 0001628280-26-012996

2024-01-01 to 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

Offerings

Registration 333-284352

424B4 · 2025-02-07 · 0001193125-25-022709

Terms from the governing filing for this registration; not a claim that the offering is open today.

Gross proceeds
190588194.0
Net proceeds
177247020.0
Deal price
18.0
Shares
10588233
Offering price
$18.00
Ticker
SION

Filing attachments

d148638dex991.htm · 8-K · 2026-09-14

EX-99.1 2 d148638dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Sionna Therapeutics Announces Plans to Advance SION-451 + SION-2222 Dual Combination into Phase 2a Proof-of-Concept Trial Post hoc analyses of SION-719 PreciSION CF subset showed a mean placebo-adjusted sweat chloride reduction of up to -8.6 mmol/L consistent with NBD1 biological activity Dual combination Phase 2a trial expected to initiate in first quarter of 2027 46% workforce reduction and other cost-saving measures prioritiz…

8-K · 2026-09-14 · 0001193125-26-390577

Read attachment ↗
d135438dex991.htm · 8-K · 2026-08-10

EX-99.1 2 d135438dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Sionna Therapeutics Reports Topline Data from Two Development Programs in Cystic Fibrosis and Provides Corporate Update SION-719 Phase 2a proof-of-concept trial did not achieve key activity endpoint of sweat chloride reduction when added to standard of care; Company is not advancing SION-719 as an add-on to standard of care Potential confounders in SION-719 Phase 2a trial are being evaluated to inform next steps for the SION-451 du…

8-K · 2026-08-10 · 0001193125-26-341230

Read attachment ↗
d944102dex991.htm · 8-K · 2025-06-04

EX-99.1 2 d944102dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Sionna Therapeutics Announces Positive Phase 1 Data for NBD1 Stabilizers SION-719 and SION-451 and Advances Both Programs in Clinical Development for Cystic Fibrosis SION-719 and SION-451 were generally well tolerated and achieved desired pharmacokinetic targets that reinforce their potential as either an add-on to standard of care or in a Sionna dual combination Sionna plans to advance SION-719 to a Phase 2a proof-of-concept add…

8-K · 2025-06-04 · 0001193125-25-134462

Read attachment ↗
d679677dex991.htm · 8-K · 2025-03-20

EX-99.1 2 d679677dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Sionna Therapeutics Reports Fourth Quarter and Full Year 2024 Financial Results Phase 1 MAD dosing completed for SION-451 and final MAD cohort of SION-719 planned; Interim data in healthy volunteers show potential to provide clinically meaningful benefit to CF patients. Topline data anticipated in first half of 2025 On track to initiate NBD1 Phase 2a proof-of-concept trial in combination with SOC in CF patients and combination MAD …

8-K · 2025-03-20 · 0001193125-25-058306

Read attachment ↗
d882384dex41.htm · S-1 · 2025-01-17

EX-4.1 4 d882384dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 THIS CERTIFIES THAT is the owner of CUSIP DATED COUNTERSIGNED AND REGISTERED: COMPUTERSHARE TRUST COMPANY, N.A. TRANSFER AGENT AND REGISTRAR, FULLY-PAID AND NON-ASSESSABLE SHARES OF COMMON STOCK OF Sionna Therapeutics (hereinafter called the “Company”), transferable on the books of the Company in person or by duly authorized attorney, upon surrender of this Certificate properly endorsed. This Certificate and the shares represented hereby,…

S-1 · 2025-01-17 · 0001193125-25-008474

Read attachment ↗
d882384dex42.htm · S-1 · 2025-01-17

EX-4.2 5 d882384dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT THIS AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT (this “Agreement”), is made as of March 4, 2024, by and among Sionna Therapeutics, Inc., a Delaware corporation (the “Company”), and each of the investors listed on Schedule A hereto, each of which is referred to in this Agreement as an “Investor”. RECITALS WHEREAS, the Company and certain of the Investors are parties to that certain …

S-1 · 2025-01-17 · 0001193125-25-008474

Read attachment ↗