Sutro Biopharma (STRO)
Develops site-specific and dual-payload antibody-drug conjugates for oncology using cell-free protein synthesis.
$20.47
At close−0.35 (−1.68%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17 | 114 | 13 | 26 | 9 | 15 | 17 | 64 | 10 | 12 | 15 | 10 |
| Cost of revenue | 0 | 0 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Gross profit | 17 | 114 | 11 | 24 | 9 | 15 | 17 | 64 | 10 | 12 | 13 | 10 |
| 61 | 71 | 68 | 73 | 76 | 80 | 86 | 67 | 58 | 45 | 43 | 40 | |
| Research & development | 46 | 54 | 57 | 62 | 62 | 71 | 52 | 38 | 40 | 37 | 37 | 32 |
| 15 | 17 | 11 | 12 | 14 | 9 | 13 | 10 | 9 | 9 | 8 | 8 | |
| Selling & marketing | 0 | 0 | −2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 15 | 17 | 13 | 12 | 14 | 9 | 13 | 10 | 9 | 9 | 8 | 8 |
| Other expenses | 0 | 0 | 0 | −2 | 0 | 0 | 21 | 18 | 10 | 0 | −1 | 0 |
| Operating income | −44 | 43 | −57 | −49 | −68 | −65 | −69 | −3 | −48 | −34 | −30 | −30 |
| −3 | 4 | −2 | 1 | 19 | −5 | −7 | −8 | −8 | −13 | −9 | −9 | |
| Interest income | 5 | 5 | 4 | 5 | 27 | 4 | 3 | 3 | 2 | 2 | 2 | 2 |
| Interest expense | 9 | 9 | 9 | 9 | 8 | 9 | 11 | 10 | 10 | 10 | 9 | 10 |
| Other non-operating income | −5 | −12 | −6 | −8 | −27 | −4 | −21 | −3 | −2 | 3 | −1 | −1 |
| Income before tax | −47 | 47 | −58 | −48 | −49 | −70 | −76 | −12 | −57 | −47 | −38 | −39 |
| Income tax expense | 2 | 16 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −49 | 31 | −58 | −48 | −49 | −72 | −76 | −11 | −57 | −47 | −38 | −39 |
| Net income | −49 | 31 | −58 | −48 | −49 | −72 | −76 | −11 | −57 | −47 | −38 | −39 |
| EPS, basic | −$8.10 | $5.10 | −$9.50 | −$5.90 | −$5.90 | −$8.80 | −$9.10 | −$1.40 | −$6.70 | −$5.45 | −$2.94 | −$2.33 |
| EPS, diluted | −$8.10 | $5.10 | −$9.50 | −$5.90 | −$5.90 | −$8.80 | −$9.10 | −$1.40 | −$6.70 | −$5.45 | −$2.94 | −$2.33 |
| Weighted average shares, basic | 6 | 6 | 6 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 13 | 17 |
| Weighted average shares, diluted | 6 | 6 | 6 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 13 | 17 |
| EBITDA | −37 | 57 | −49 | −39 | −39 | −60 | −46 | 1 | −45 | −35 | −28 | −27 |
| Depreciation & amortization | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| EBIT | −39 | 56 | −51 | −41 | −41 | −61 | −47 | −1 | −46 | −37 | −29 | −29 |
