$24.43
+17%Sutro Biopharma, Inc. operates as clinical stage drug discovery, development, and manufacturing company. It focuses on creating protein therapeutics for cancer and autoimmune disorders through integrated cell-free protein synthesis and site-specific conjugation platform, XpressCF+.The company's product candidates include STRO-001, an antibody-drug conjugate (ADC) directed against the cancer target CD74 for patients with multiple myeloma and non-Hodgkin lymphoma that is in Phase 1 clinical trials; and STRO-002, an ADC directed against folate receptor-alpha for patients with ovarian and endometrial cancers, which is in Phase 1 clinical trials. It has collaboration and license agreements with Merck Collaboration to develop research programs focusing on cytokine derivatives for cancer and autoimmune disorders; and Celgene Corporation to discover and develop bispecific antibodies and/or ADCs focused on the field of immuno-oncology. The company was formerly known as Fundamental Applied Biology, Inc. Sutro Biopharma, Inc. was incorporated in 2003 and is headquartered in South San Francisco, California.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
STRO • NASDAQ
| Sutro Biopharma, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||
102.5M | 62M | 153.7M | 67.8M | 61.9M | 42.7M | 42.7M | 38.4M | 51.7M | 59.7M | |
GROSS PROFIT | ||||||||||
(7.3M) | (7.2M) | (6.8M) | (8.3M) | (9.8M) | (77M) | (65.6M) | (54.3M) | (51.9M) | (43.6M) | |
95.2M | 54.8M | 146.9M | 59.5M | 52.1M | -34.2M | -22.9M | -15.8M | -156K | 16.2M | |
OPERATING INCOME | ||||||||||
(200.1M) | (293.3M) | (236.2M) | (188.4M) | (150.6M) | (36.8M) | (98.2M) | (75.6M) | (71M) | (58.4M) | |
(41M) | (48.5M) | (62.6M) | (59.5M) | (56M) | (36.8M) | (32.6M) | (21.4M) | (16.4M) | (14.8M) | |
(166.4M) | (252M) | (180.4M) | (137.2M) | (104.4M) | (77M) | (65.6M) | (54.3M) | (54.6M) | (43.6M) | |
-105M | -238.5M | -89.3M | -128.9M | -98.5M | -71.1M | -55.5M | -37.2M | -19.3M | 1.4M | |
PRE-TAX INCOME | ||||||||||
(38.2M) | (31.1M) | (23.8M) | (3.3M) | (3.1M) | (4M) | (4.4M) | (1.6M) | (689K) | (0.0) | |
-29M | 13.4M | -9.2M | 109K | -2.6M | -2.5M | -276K | 16K | -416K | 251K | |
-7.3M | -7.2M | -6.8M | -8.3M | -9.8M | -77M | (0.0) | (1.9M) | -77K | (87K) | |
-86.2M | 13.4M | 677K | 12.2M | -7M | 38.9M | -276K | 1.9M | -416K | 338K | |
-191.2M | -225.1M | -88.6M | -116.7M | -105.5M | -32.1M | -55.7M | -35.3M | -19.7M | 1.7M | |
NET INCOME | ||||||||||
-93K | (2.4M) | (18.2M) | (2.5M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-191.1M | -227.5M | -106.8M | -119.2M | -105.5M | -32.1M | -55.7M | -35.3M | -19.7M | 1.7M |
STRO - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 14, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 14, 2026 | May 14, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 22, 2026 | June 05, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 23, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 23, 2026 | March 23, 2026 | 2026 | |
S-3 S-3 N/A | March 23, 2026 | March 23, 2026 | ||
8-K 8-K 2026 N/A | February 10, 2026 | February 09, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 17, 2025 | December 17, 2025 | 2025 | |
8-K 8-K 2025 N/A | December 03, 2025 | December 01, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 06, 2025 | November 06, 2025 | 2025 |
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