$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.
Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.
Strong working capital position provides significant operational flexibility and financial cushion.
Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.
STRO โข NASDAQ
| Sutro Biopharma, Inc. Balance Sheet | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
ASSETS | ||||||||||
CURRENT ASSETS | ||||||||||
58.1M | 190.3M | 69.3M | 47.3M | 30.4M | 206.2M | 5M | 125.3M | 22M | 11.6M | |
83.3M | 126.6M | 306.4M | 287.1M | 167.5M | 162M | 112.9M | 79.2M | 0.0 | 35.9M | |
141.4M | 316.9M | 375.6M | 334.4M | 197.9M | 368.1M | 117.9M | 204.5M | 22M | 47.5M | |
4M | 8.6M | 36.1M | 7.1M | 12.5M | 5.6M | 6.3M | 2.5M | 1.6M | 577K | |
4M | 8.6M | 36.1M | 7.1M | 12.5M | 5.6M | 6.3M | 2.5M | 1.6M | 577K | |
0.0 | 0.0 | 0.0 | 0.0 | 8.1M | 4.5M | 4.4M | 3M | 2M | 1.6M | |
5.5M | 17.8M | 9.8M | 11.7M | 0.0 | 0.0 | 0.0 | 3M | 0.0 | 0.0 | |
150.9M | 343.3M | 421.5M | 353.2M | 218.5M | 378.2M | 128.6M | 209.9M | 25.6M | 49.7M | |
NON-CURRENT ASSETS | ||||||||||
21.6M | 35.9M | 44.8M | 51.1M | 51.6M | 12.9M | 9.6M | 10.9M | 14M | 18.7M | |
0.0 | 0.0 | 0.0 | -32M | 68.8M | 0.0 | 15.6M | 15K | 223K | 482K | |
1.4M | 8M | 4.4M | 34.7M | 2.5M | 3M | 2.6M | 2.2M | 920K | 417K | |
22.9M | 43.9M | 49.2M | 53.8M | 122.9M | 15.9M | 27.8M | 13.2M | 15.1M | 19.6M | |
173.8M | 387.2M | 470.7M | 406.9M | 341.4M | 394.1M | 156.4M | 223.1M | 40.8M | 69.3M | |
LIABILITIES | ||||||||||
CURRENT LIABILITIES | ||||||||||
7.6M | 10.5M | 24.6M | 4.8M | 6M | 5.5M | 5.6M | 3.1M | 2.9M | 3.4M | |
7.6M | 10.5M | 9.4M | 4.8M | 6M | 5.5M | 5.6M | 3.1M | 2.9M | 3.4M | |
0.0 | 18K | 15.2M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
0.0 | 27.2M | 19.4M | 11.7M | 8.4M | 8.8M | 0.0 | 0.0 | 3.6M | 3.2M | |
7.8M | 0.0 | 4.1M | 17.1M | 9.4M | 0.0 | 1M | 4.7M | 14.6M | 0.0 | |
0.0 | 7.5M | 6.4M | 4.6M | 1M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
0.0 | 18K | 15.2M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
10.6M | 69.8M | 20.7M | 16.8M | 5.5M | 14.6M | 19.5M | 21.6M | 10.7M | 43.6M | |
49.2M | 16.9M | 18.6M | 11.6M | 11.4M | 627K | 6.9M | 7.1M | 143K | 22K | |
75.1M | 131.9M | 93.7M | 66.5M | 41.7M | 29.6M | 33M | 36.4M | 32M | 50.2M | |
NON-CURRENT LIABILITIES | ||||||||||
7.9M | 0.0 | 0.0 | 3.8M | 15.7M | 24.5M | 8.9M | 10M | 0.0 | 0.0 | |
0.0 | 193.3M | 202.5M | 89.9M | 0.0 | 6.1M | 16.2M | 44.6M | 13.2M | 5.9M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 409K | 476K | 0.0 | -1.2M | |
223.3M | 1.7M | 1.7M | 119K | 146K | 1.8M | 0.0 | 578K | 104.7M | 104.1M | |
231.1M | 210.7M | 227.3M | 123.3M | 47.1M | 32.5M | 25.6M | 55.2M | 117.8M | 110M | |
0.0 | 23.2M | 29.6M | 34.2M | 32.3M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
306.3M | 342.6M | 321.1M | 189.9M | 88.8M | 62.1M | 58.6M | 91.6M | 149.8M | 160.2M | |
SHAREHOLDERS' EQUITY | ||||||||||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 223.1M | 102.5M | 102.5M | |
9K | 83K | 61K | 58K | 46K | 46K | 23K | 23K | 0.0 | 16K | |
845.5M | 831.3M | 709M | 670.2M | 586.2M | 559.7M | 293.3M | 281.9M | 6.2M | 4.6M | |
-978M | -786.9M | -559.4M | -452.6M | -333.4M | -227.9M | -195.7M | -150.3M | -115M | -95.3M | |
19K | 39K | 21K | -618K | -314K | 129K | 165K | -47K | -208K | -17K | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -102.7M | |
-132.5M | 44.6M | 149.6M | 217M | 252.6M | 332M | 97.8M | 131.5M | -109M | -90.9M | |
-132.5M | 44.6M | 149.6M | 217M | 252.6M | 332M | 97.8M | 131.5M | -109M | -90.9M | |
SUMMARY | ||||||||||
173.8M | 387.2M | 470.7M | 406.9M | 341.4M | 394.1M | 156.4M | 223.1M | 40.8M | 69.3M | |
83.3M | 126.6M | 306.4M | 255.1M | 236.3M | 162M | 128.5M | 79.2M | 223K | 35.9M | |
15.7M | 23.2M | 33.6M | 55M | 57.4M | 24.5M | 9.9M | 14.7M | 14.6M | 1.2M | |
-42.5M | -167.2M | -35.6M | 7.8M | 27M | -181.6M | 4.9M | -110.6M | -7.4M | -10.4M | |
84,774,177 | 84,774,177 | 84,774,177 | 84,774,177 | 84,774,177 | 84,774,177 | 84,774,177 | 84,774,177 | 84,774,177 | 84,774,177 |
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 | ย | |
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 |
Continue your STRO research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.