FY2025 · ended Dec 31, 2025 · Revenue $102.48M, +65.2% YoY · Filed Mar 23, 2026
Sutro Biopharma, Inc. (STRO) files with the SEC under industry code 2836, Biological Products, (No Diagnostic Substances). In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $102.5 million and a net loss of $191.1 million. As of Jun 30, 2026 it held $164.3 million in cash and investments and $10.8 million in total debt.
Revenue (TTM)
$45.70M
-56.3% vs year-ago TTM
Net income (TTM)
$-180.64M
+13.4% vs year-ago TTM
Operating cash flow (TTM)
$-145.17M
+41.7% vs year-ago TTM
Free cash flow
$11.13M
EPS (TTM)
$-15.52
-274.9% vs year-ago TTM
Dividend per share
None
Shares outstanding
16.57M
-80.2% vs prior year
Net cash
$153.56M
as of Jun 30, 2026
Operating margin
-319.6%
FY 2026
Company profile
- Industry
- Biological Products, (No Diagnostic Substances) (SIC 2836)
- Listed as
- STRO (Nasdaq)
- Fiscal year ends
- December 31
- Headquarters
- South San Francisco, CA
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1382101
- Former names
- SUTRO BIOPHARMA INC (until Nov 8, 2018); Fundamental Applied Biology Inc (until Oct 24, 2007)
Other Biological Products, (No Diagnostic Substances) companies
- Amgen Inc AMGN
- Gilead Sciences, Inc. GILD
- Moderna, Inc. MRNA
- Argenx SE ARGX
- Revolution Medicines, Inc. RVMD
- Biogen Inc. BIIB
- BioNTech SE BNTX
- Exelixis, Inc. EXEL
All 182 Biological Products, (No Diagnostic Substances) 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 | $102.5M | $62.0M | $153.7M | $67.8M | $61.9M |
| Operating income | -$158.4M | -$238.5M | -$89.3M | -$128.9M | -$98.5M |
| Net income | -$191.1M | -$227.5M | -$106.8M | -$119.2M | -$105.5M |
| Diluted EPS | -$22.49 | -$29.40 | -$1.78 | -$2.35 | — |
| Operating cash flow | -$177.2M | -$191.5M | -$111.6M | $3.5M | -$81.7M |
| Total assets | $173.8M | $387.2M | $470.7M | $406.9M | $341.4M |
| Total liabilities | $306.3M | $342.6M | $321.1M | $189.9M | $88.8M |
| Stockholders' equity | -$132.5M | $44.6M | $149.6M | $217.0M | $252.6M |
| Cash and investments | $141.4M | $316.9M | $333.7M | $302.3M | $229.5M |
| Total debt | $15.7M | $23.2M | $33.6M | $50.4M | $57.4M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Aug 12, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 12, 2026 | Aug 12, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 8, 2026 | Jun 5, 2026 |
| 10-Q | Quarterly report | May 14, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Results of operations
|
May 14, 2026 | May 14, 2026 |
| ARS | Annual report to shareholders | Apr 22, 2026 | Dec 31, 2025 |
All 624 Sutro Biopharma, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.