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Side-by-side financial comparison of BTCS Inc. (BTCS) and SUTRO BIOPHARMA, INC. (STRO). Click either name above to swap in a different company.

SUTRO BIOPHARMA, INC. is the larger business by last-quarter revenue ($11.6M vs $7.1M, roughly 1.6× BTCS Inc.). On growth, BTCS Inc. posted the faster year-over-year revenue change (205.5% vs -21.4%). Over the past eight quarters, BTCS Inc.'s revenue compounded faster (296.4% CAGR vs -5.4%).

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...

BTCS vs STRO — Head-to-Head

Bigger by revenue
STRO
STRO
1.6× larger
STRO
$11.6M
$7.1M
BTCS
Growing faster (revenue YoY)
BTCS
BTCS
+226.8% gap
BTCS
205.5%
-21.4%
STRO
Faster 2-yr revenue CAGR
BTCS
BTCS
Annualised
BTCS
296.4%
-5.4%
STRO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BTCS
BTCS
STRO
STRO
Revenue
$7.1M
$11.6M
Net Profit
Gross Margin
12.4%
Operating Margin
Net Margin
Revenue YoY
205.5%
-21.4%
Net Profit YoY
35.4%
EPS (diluted)
$-1.58

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BTCS
BTCS
STRO
STRO
Q4 25
$7.1M
$11.6M
Q3 25
$4.9M
$9.7M
Q2 25
$2.8M
$63.7M
Q1 25
$1.7M
$17.4M
Q4 24
$2.3M
$14.8M
Q3 24
$739.2K
$8.5M
Q2 24
$561.2K
$25.7M
Q1 24
$451.4K
$13.0M
Net Profit
BTCS
BTCS
STRO
STRO
Q4 25
Q3 25
$65.6M
$-56.9M
Q2 25
$3.9M
$-11.5M
Q1 25
$-17.3M
$-76.0M
Q4 24
$-72.4M
Q3 24
$-9.0M
$-48.8M
Q2 24
$-6.7M
$-48.0M
Q1 24
$12.3M
$-58.2M
Gross Margin
BTCS
BTCS
STRO
STRO
Q4 25
12.4%
Q3 25
22.0%
Q2 25
-2.9%
Q1 25
7.1%
Q4 24
2.9%
Q3 24
26.5%
Q2 24
69.9%
Q1 24
64.4%
Operating Margin
BTCS
BTCS
STRO
STRO
Q4 25
Q3 25
-499.9%
Q2 25
-5.2%
Q1 25
-393.8%
Q4 24
-440.7%
Q3 24
-797.2%
Q2 24
-189.4%
Q1 24
-435.0%
Net Margin
BTCS
BTCS
STRO
STRO
Q4 25
Q3 25
1328.1%
-586.6%
Q2 25
140.0%
-18.0%
Q1 25
-1022.5%
-436.6%
Q4 24
-489.2%
Q3 24
-1223.0%
-572.6%
Q2 24
-1198.9%
-186.8%
Q1 24
2715.3%
-447.5%
EPS (diluted)
BTCS
BTCS
STRO
STRO
Q4 25
$-1.58
Q3 25
$1.30
$-0.67
Q2 25
$0.14
$-0.14
Q1 25
$-0.86
$-0.91
Q4 24
$0.28
$-27.63
Q3 24
$-0.56
$-0.59
Q2 24
$-0.43
$-0.59
Q1 24
$0.63
$-0.59

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BTCS
BTCS
STRO
STRO
Cash + ST InvestmentsLiquidity on hand
$1.5M
$141.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$139.4M
$-132.5M
Total Assets
$214.6M
$173.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTCS
BTCS
STRO
STRO
Q4 25
$1.5M
$141.4M
Q3 25
$4.5M
$167.6M
Q2 25
$639.2K
$205.1M
Q1 25
$269.9K
$249.0M
Q4 24
$2.0M
$316.9M
Q3 24
$254.5K
$388.3M
Q2 24
$536.7K
$375.6M
Q1 24
$670.6K
$267.6M
Stockholders' Equity
BTCS
BTCS
STRO
STRO
Q4 25
$139.4M
$-132.5M
Q3 25
$225.4M
$-87.3M
Q2 25
$31.1M
$-32.1M
Q1 25
$20.6M
$-25.8M
Q4 24
$34.0M
$44.6M
Q3 24
$25.2M
$111.2M
Q2 24
$33.1M
$152.2M
Q1 24
$39.3M
$98.0M
Total Assets
BTCS
BTCS
STRO
STRO
Q4 25
$214.6M
$173.8M
Q3 25
$298.9M
$209.7M
Q2 25
$40.8M
$262.4M
Q1 25
$21.0M
$321.4M
Q4 24
$38.2M
$387.2M
Q3 24
$26.5M
$451.8M
Q2 24
$33.8M
$489.0M
Q1 24
$39.5M
$403.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BTCS
BTCS
STRO
STRO
Operating Cash FlowLast quarter
$-9.8M
$-177.2M
Free Cash FlowOCF − Capex
$-9.8M
FCF MarginFCF / Revenue
-138.1%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-15.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTCS
BTCS
STRO
STRO
Q4 25
$-9.8M
$-177.2M
Q3 25
$-2.8M
$-38.2M
Q2 25
$-1.3M
$-44.7M
Q1 25
$-1.9M
$-67.9M
Q4 24
$-3.5M
$-71.7M
Q3 24
$-695.2K
$-64.5M
Q2 24
$-924.1K
$9.5M
Q1 24
$-769.0K
$-64.7M
Free Cash Flow
BTCS
BTCS
STRO
STRO
Q4 25
$-9.8M
Q3 25
$-2.8M
Q2 25
$-1.3M
Q1 25
$-1.9M
Q4 24
$-3.5M
Q3 24
Q2 24
Q1 24
FCF Margin
BTCS
BTCS
STRO
STRO
Q4 25
-138.1%
Q3 25
-56.7%
Q2 25
-48.2%
Q1 25
-112.7%
Q4 24
-152.2%
Q3 24
Q2 24
Q1 24
Capex Intensity
BTCS
BTCS
STRO
STRO
Q4 25
0.2%
Q3 25
0.1%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.1%
Q3 24
Q2 24
Q1 24
Cash Conversion
BTCS
BTCS
STRO
STRO
Q4 25
Q3 25
-0.04×
Q2 25
-0.34×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BTCS
BTCS

Builder Plus$5.9M83%
Other$1.2M17%

STRO
STRO

Segment breakdown not available.

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