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SUTRO BIOPHARMA, INC.

SUTRO BIOPHARMA, INC.STROEarnings & Financial Report

Nasdaq · biotechnology

Sutro Biopharma, Inc. is a publicly traded biotechnology company headquartered in South San Francisco, California focused on clinical-stage drug discovery, development and manufacturing. Using a proprietary cell-free protein synthesis platform, Sutro is working on oncology therapeutics using protein engineering and rational design. Founded in 2003 under the name Fundamental Applied Biology, the company name changed to Sutro Biopharma in 2009. William Newell, CEO as of 2024, joined Sutro in Ja...

STRO Q3 2025 Key Financial Metrics

Revenue

$9.7M

Gross Profit

N/A

Operating Profit

$-48.5M

Net Profit

$-56.9M

Gross Margin

N/A

Operating Margin

-499.9%

Net Margin

-586.6%

YoY Growth

13.8%

EPS

$-0.67

Financial Flow

SUTRO BIOPHARMA, INC. Q3 2025 Financial Summary

SUTRO BIOPHARMA, INC. reported revenue of $9.7M for Q3 2025, with a net profit of $-56.9M (-586.6% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$9.7M
Net Profit$-56.9M
Gross MarginN/A
Operating Margin-499.9%
Report PeriodQ3 2025

SUTRO BIOPHARMA, INC. Annual Revenue by Year

SUTRO BIOPHARMA, INC. annual revenue history includes year-by-year totals (for example, 2024 revenue was $62.0M).

YearAnnual Revenue
2024$62.0M
2023$153.7M
2022$67.8M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$113.7M$13.0M$25.7M$8.5M$14.8M$17.4M$63.7M$9.7M
YoY Growth1217.4%2.6%146.9%-49.7%-87.0%33.8%148.0%13.8%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$470.7M$403.4M$489.0M$451.8M$387.2M$321.4M$262.4M$209.7M
Liabilities$321.1M$305.4M$336.9M$340.6M$342.6M$347.2M$294.5M$296.9M
Equity$149.6M$98.0M$152.2M$111.2M$44.6M$-25.8M$-32.1M$-87.3M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$14.1M$-64.7M$9.5M$-64.5M$-71.7M$-67.9M$-44.7M$-38.2M