Starling Oncology, Inc. DFPH

FY2025 · ended Dec 31, 2025 · Revenue $502.73M, +27.8% YoY · Filed Mar 12, 2026

Starling Oncology, Inc. (STLN) files with the SEC under industry code 8011, Services-Offices & Clinics of Doctors of Medicine. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $502.7 million and a net loss of $60.6 million. Free cash flow was -$27.8 million. As of Jun 30, 2026 it held $41.1 million in cash and investments and $104.5 million in total debt.

Revenue (TTM)
$587.24M
+38.4% vs year-ago TTM
Net income (TTM)
$-36.29M
+44.9% vs year-ago TTM
Operating cash flow (TTM)
$328,000
+103.2% vs year-ago TTM
Free cash flow (TTM)
$-3.29M
+74.9% vs year-ago TTM
EPS (TTM)
$-0.30
+55.0% vs year-ago TTM
Dividend per share
None
Shares outstanding
98.84M
+30.5% vs prior year
Net cash
$-63.43M
as of Jun 30, 2026
Operating margin
-4.4%
FY 2026

Company profile

Industry
Services-Offices & Clinics of Doctors of Medicine (SIC 8011)
Listed as
STLN (Nasdaq), DFPH (OTC), STLNW (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Cerritos, CA
SEC filer status
Accelerated filer, Smaller reporting company
SEC CIK
1799191
Former names
Oncology Institute, Inc. (until Aug 3, 2026); DFP HEALTHCARE ACQUISITIONS CORP. (until Nov 12, 2021)

Other Services-Offices & Clinics of Doctors of Medicine companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$502.7M
$393.4M
$324.2M
$252.5M
$203.0M
Operating income
-$36.1M
-$60.1M
-$77.0M
-$82.0M
-$45.9M
Net income
-$60.6M
-$64.7M
-$83.1M
$152,000
-$10.9M
Diluted EPS
-$0.54
-$0.71
-$0.92
-$0.21
-$0.16
Operating cash flow
-$24.6M
-$26.5M
-$36.3M
-$61.8M
-$32.7M
Free cash flow
-$27.8M
-$30.3M
-$40.9M
-$67.3M
-$35.5M
Total assets
$164.7M
$172.7M
$209.2M
$261.7M
$203.4M
Total liabilities
$180.4M
$169.1M
$152.2M
$138.5M
$99.3M
Stockholders' equity
-$15.7M
$3.6M
$57.0M
$123.2M
$104.2M
Cash and investments
$33.6M
$49.7M
$82.9M
$132.2M
$115.2M
Total debt
$103.8M
$123.3M
$119.8M
$108.4M
$183,000

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Officer or director change
Sep 2, 2026 Sep 1, 2026
8-K Current report
Material agreement, New debt
Aug 21, 2026 Aug 20, 2026
10-Q Quarterly report Aug 6, 2026 Jun 30, 2026
8-K Current report
Results of operations
Aug 6, 2026 Aug 6, 2026
8-K Current report
Bylaw or fiscal year change, Regulation FD disclosure
Aug 3, 2026 Jul 28, 2026
8-K Current report
Material agreement, New debt, Unregistered share sale, Regulation FD disclosure
Jul 7, 2026 Jul 1, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.