We report ion mobility spectrometry and mass spectrometry studies of the non-enzymatic step-bystep degradation of substance P (subP), an eleven-residue neuropeptide, with the sequence Arg 1-Pro 2-Lys 3-Pro 4-Gln 5-Gln 6-Phe 7-Phe 8-Gly 9-Leu 10-Met 11-NH 2 , in ethanol. At elevated solution temperatures (55 to 75 °C) several reactions are observed, including: a protonation event, i.e., [subP+2H] 2+ + H + → [subP+3H] 3+ , that appears to be regulated by a configurational change; and, two sequential bond cleavages (the Pro 2-Lys 3 peptide bond is cleaved to form the smaller nonapeptide Lys 3-Met 11-NH 2 [subP (3-11) ], and subsequently, subP (3-11) is cleaved at the Pro 4-Gln 5 peptide bond to yield the heptapeptide Gln 5-Met 11-NH 2 [subP (5-11) ]). Each of the product peptides [subP (3-11) and subP (5-11) ] is accompanied by a complementary diketopiperazine (DKP): cyclo-Arg 1-Pro 2 (cRP) for the first cleavage, and cyclo-Lys 3-Pro 4 (cKP) for the second. Insight about the mechanism of degradation is obtained by comparing kinetics calculations of trial model mechanisms with experimental data. The best model of our experimental data indicates that the initial cleavage of subP is regulated by a conformational change, likely a trans→cis isomerization of the Arg 1-Pro 2 peptide bond. The subP (3-11) product has a long lifetime (t ½ ~ 30 hrs at 55 °C) and appears to transition through several structural intermediates prior to dissociation, suggesting that subP (3-11) is initially formed with a Lys 3-trans-Pro 4 peptide bond configuration and that slow trans→cis isomerization regulates the second bond cleavage event as well. From these data and our model mechanisms, we obtain transition state thermochemistry ranging from ΔH ‡ = 41 to 85 kJ•mol −1 and ΔS ‡ = −43 to −157 J•mol −1 •K −1 for each step in the reaction.