Sutro Biopharma, Inc.

Sutro Biopharma, Inc.

STRO
Sutro Biopharma, Inc.US flagNASDAQ Global Market
27.18
USD
+2.75
- -
263.03MMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
85.36
73.94
66.71
18.61
13.12
13.42
13.36
25.55
8.02
12.06
9.95
Basic EPS, GAAP
- -
-28.14
-61.33
-24.28
-9.86
-22.88
-23.49
-17.75
-29.4
-22.49
-15.35
Free Cash Flow per Basic Share
-25.08
-57.72
19.32
-29.84
-23
-21.03
-0.85
-19.27
-25.16
-21.06
-15.2
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-136.23
-164.36
-261
-85.25
-69.94
-72.28
-89.19
-92.97
-101.7
-115.08
-101.55
Tangible Book Value per Share
-129.91
-155.77
228.41
42.59
101.94
54.76
42.78
24.87
5.76
-15.59
-6.68
Basic Weighted Avg Shares
1
1
1
2
3
5
5
6
8
8
10
Sales/Revenue/Turnover
60
52
38
43
43
62
68
154
62
102
100
Operating Margin (%)
2.28
-37.25
-96.89
-129.79
-166.32
-159.22
-190.26
-58.07
-384.34
-102.41
-87.44
Depreciation Expense
6
5
5
5
4
5
6
7
7
7
7
Net Income, GAAP
2
-20
-35
-56
-32
-106
-119
-107
-227
-191
-154
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
2.85
-38.05
-91.93
-130.44
-75.2
-170.55
-175.89
-69.47
-366.62
-186.45
-154.21
Working Capital
- -
-6
174
96
349
177
287
328
211
76
150
LT Debt
- -
- -
10
9
25
47
33
23
16
8
6
Total Equity
-91
-109
132
98
332
253
217
150
45
-132
-67
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
8
8
8
LT Borrowings
- -
- -
- -
LT Finance Leases
10
8
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
17
Market Capitalization
73
98
249

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
182
151
221
Cash, Cash Equivalents & STI
168
141
203
Accounts Receivable, Net
4
4
12
Inventories
- -
- -
- -
Total Current Liabilities
72
75
71
Payables & Accruals
26
39
45
ST Debt
8
8
8
Deferred Revenue
9
11
9

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-107.24%
-396.97%
Free Cash Flow
- -
516.83%
-8.07%
Net Income, GAAP
- -
65.61%
-15.99%
Sales/Revenue/Turnover
- -
37.35%
65.18%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13
26
9
15
62
2025
17
64
10
12
102
2026
15
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-9.47
-5.91
-5.95
- -
-29.4
2025
-9.08
-1.36
-6.7
- -
-22.49
2026
-2.94
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Jane Chung
Full Time Employees
269
Sector
Healthcare
Industry
Biotechnology
Address
111 Oyster Point Boulevard South San Francisco CA United States of America 94080
IPO Date
Sep 27, 2018
Business
Sutro Biopharma, Inc. (NASDAQ: STRO), a clinical-stage oncology company, develops site-specific and novel-format antibody drug conjugates (ADCs) for cancer using its proprietary cell-free protein synthesis platforms, XpressCF and XpressCF+; core wholly owned product candidates include STRO-004, a tissue factor-targeting ADC for solid tumors such as cervical, lung and breast cancers with U.S. FDA IND clearance received in November 2025 and first-in-human dosing on track before year-end, STRO-006, a highly selective integrin beta-6 ADC for multiple solid tumors advancing toward clinical development in 2026, and a wholly owned dual-payload ADC program combining cytotoxic and immunostimulatory payloads with IND submission targeted for 2027; additional programs encompass STRO-001 targeting CD74 for multiple myeloma and non-Hodgkin lymphoma, STRO-002 (luveltamab tazevibulin) targeting folate receptor-alpha for ovarian and endometrial cancers, and STRO-003 targeting ROR1. Founded in 2003 and headquartered in South San Francisco, California, the company operates primarily in the United States with a global collaboration pipeline including partnerships with Astellas on dual-payload immunostimulatory ADCs where one program entered IND-enabling toxicology in early 2025, Ipsen on STRO-003 which Ipsen opted not to advance in 2025, Merck on cytokine derivatives, and a manufacturing partnership with VGXI for luvelta production; recent developments feature a strategic portfolio review and organizational restructuring announced in March and September 2025 prioritizing ADC programs, cessation of San Carlos manufacturing facility operations by year-end 2025, leadership transition with Jane Chung assuming CEO role from Bill Newell in March 2025 and Greg Chow appointed CFO in June 2025, entry into a research collaboration with the U.S. FDA in July 2025 to advance ADC regulatory standards, and preclinical data presentations at conferences including World ADC and SITC in November 2025 highlighting dual-payload ADCs' potential to overcome resistance.

Company News

APIChat
  • Sutro Biopharma Reports First Quarter 2026 Financial Results and Business Highlights

  • Here Are Thursday’s Top Wall Street Analyst Research Calls: AbbVie, Equinix, GE Healthcare, Kratos Defense, Meta Platforms, Oneok, Palantir Technologies, Wingstop, and More

  • Sutro Biopharma Presents Promising Preclinical Data Across its Pipeline of Next-Generation Single and Dual-Payload ADC Programs at AACR 2026

  • Sutro Biopharma (NASDAQ:STRO) Trading 10.4% Higher on Analyst Upgrade

  • Sutro Biopharma (STRO) Moves 7.4% Higher: Will This Strength Last?

  • Sutro Biopharma Reports Full Year 2025 Financial Results and Business Highlights

  • Sutro Biopharma, Inc. (NASDAQ:STRO) Receives Consensus Rating of “Hold” from Analysts

  • Sutro Biopharma: ADC Developer With Poor Track Record Aims For Positive 2026

  • Sutro Biopharma to Participate in Upcoming Investor Conferences

  • Sutro Biopharma (STRO) Surges 11.9%: Is This an Indication of Further Gains?

  • Sutro Biopharma Announces Pricing of $110.0 million Underwritten Offering

  • Sutro Biopharma (STRO) Soars 5.9%: Is Further Upside Left in the Stock?

  • Sutro Biopharma, Inc. (STRO) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript

  • Sutro Biopharma, Inc. (NASDAQ:STRO) Given Average Recommendation of “Hold” by Analysts

  • Sutro Biopharma, Inc. (NASDAQ:STRO) Receives Average Recommendation of “Hold” from Brokerages

  • Sutro Biopharma, Inc. (STRO) Discusses Strategic Reset and Progress in Next-Generation ADC Pipeline and Platform Innovation Transcript

  • Sutro Biopharma, Inc. (STRO) Reports Q3 Loss, Tops Revenue Estimates

  • Sutro Biopharma Reports Third Quarter 2025 Financial Results and Business Highlights

  • Sutro Biopharma to Host Virtual Research & Development Day on November 12, 2025

  • Sutro Biopharma Announces Participation at the 16th Annual World ADC Conference