$2.83
+6.9%Spero Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on identifying, developing, and commercializing treatments for multi-drug resistant (MDR) bacterial infections and rare diseases in the United States. The company's product candidates include tebipenem pivoxil hydrobromide (HBr), an oral carbapenem-class antibiotic to treat complicated urinary tract infections, including pyelonephritis for adults; SPR206, a direct acting IV-administered agent to treat MDR Gram-negative bacterial infections in the hospital; and SPR720, an oral antibiotic for the treatment of non-tuberculous mycobacterial pulmonary disease. It has license agreement with Meiji Seika Pharma Co., Ltd. to support the development of tebipenem HBr; license agreement with Everest Medicines to develop, manufacture, and commercialize SPR206 in Greater China, South Korea, and Southeast Asian countries; collaboration agreement with Bill & Melinda Gates Medical Research Institute to develop SPR720 for the treatment of lung infections caused by Mycobacterium tuberculosis; and license agreement with Vertex Pharmaceuticals Incorporated for patents relating to SPR720, as well as SPR719, an active metabolite. The company was founded in 2013 and is headquartered in Cambridge, Massachusetts.
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Neutral working capital impact. Changes in current assets and liabilities balanced out.
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
SPRO โข NASDAQ
| Spero Therapeutics, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||||||
8.6M | -68.6M | 22.8M | -46.4M | -89.8M | -78.3M | -60.9M | -41.7M | -39.9M | -32.6M | -13.2M | |
0.0 | 2K | 367K | 1.5M | 1.1M | 761K | 750K | 409K | 363K | 279K | 11K | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -808K | 0.0 | 83K | -580K | -174K | |
4.3M | 7.8M | 7.9M | 0.0 | 0.0 | 4.9M | 3.8M | 2.7M | 1.4M | 180K | 21K | |
-25.5M | 1M | 6.3M | 15.1M | 11.4M | 151K | 356K | -50K | -1.5M | 4.6M | 3.5M | |
(0.0) | (99K) | (2.2M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
0.0 | 36.3M | -70.4M | 22.1M | 12.9M | -13.4M | 6.8M | -1.1M | 443K | -792K | 170K | |
-12.6M | -23.4M | -33M | -7.7M | -64.3M | -85.9M | -50M | -39.6M | -39.1M | -29M | -9.6M | |
INVESTING ACTIVITIES | |||||||||||
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -157K | -314K | -2.4M | -27K | -830K | -232K | |
(0.0) | (0.0) | (0.0) | (0.0) | (39K) | (0.0) | -29.8M | (83.2M) | -1.2M | (0.0) | (0.0) | |
(0.0) | (0.0) | (0.0) | -27M | -43.9M | -45.7M | -89M | -130.2M | (0.0) | (0.0) | (0.0) | |
0.0 | 0.0 | 0.0 | 60.8M | 51.5M | 56.4M | 118.8M | 49.5M | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 29.8M | -83.2M | -27K | 0.0 | 0.0 | |
(0.0) | (0.0) | (0.0) | (33.8M) | (7.7M) | (10.5M) | (29.5M) | -83.2M | -27K | -830K | -232K | |
FINANCING ACTIVITIES | |||||||||||
0.0 | 0.0 | 221K | 24.9M | 36.6M | 78.7M | 15.8M | 70.5M | 77.7M | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | -54.5M | 47.5M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.2M | 350K | -977K | -4.7M | 8.5M | 7.9M | |
0.0 | 0.0 | 221K | -29.6M | 84.1M | 130.9M | 16.1M | 69.5M | 116.1M | 34.4M | 15.3M | |
CASH FLOW SUMMARY | |||||||||||
0.0 | 0.0 | 0.0 | 0.0 | -1.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-12.6M | -23.4M | -32.8M | -3.5M | 27.4M | 55.5M | -4.4M | -53.3M | 77M | 4.6M | 5.4M | |
52.9M | 76.3M | 109.1M | 112.6M | 85.2M | 29.7M | 34.1M | 87.3M | 10.3M | 5.7M | 256K | |
40.3M | 52.9M | 76.3M | 109.1M | 112.6M | 85.2M | 29.7M | 34.1M | 87.3M | 10.3M | 5.7M | |
-12.6M | -23.4M | -33M | -7.7M | 0.0 | -86M | -50.3M | -42.1M | -39.1M | -29.8M | -9.8M |
SPRO - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 13, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 13, 2026 | May 13, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 27, 2026 | June 23, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 26, 2026 | March 26, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 30, 2026 | January 30, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 19, 2025 | December 19, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 13, 2025 | November 13, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 13, 2025 | September 30, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 12, 2025 | June 30, 2025 | 2025 |
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