vs

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

Invesco Mortgage Capital Inc. is the larger business by last-quarter revenue ($21.3M vs $11.6M, roughly 1.8× SUTRO BIOPHARMA, INC.). On growth, Invesco Mortgage Capital Inc. posted the faster year-over-year revenue change (55.4% vs -21.4%). Over the past eight quarters, Invesco Mortgage Capital Inc.'s revenue compounded faster (74.2% CAGR vs -5.4%).

Invesco Ltd. is an American independent investment management company headquartered in Atlanta, Georgia, with branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.

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...

IVR vs STRO — Head-to-Head

Bigger by revenue
IVR
IVR
1.8× larger
IVR
$21.3M
$11.6M
STRO
Growing faster (revenue YoY)
IVR
IVR
+76.8% gap
IVR
55.4%
-21.4%
STRO
Faster 2-yr revenue CAGR
IVR
IVR
Annualised
IVR
74.2%
-5.4%
STRO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IVR
IVR
STRO
STRO
Revenue
$21.3M
$11.6M
Net Profit
$51.5M
Gross Margin
Operating Margin
Net Margin
242.2%
Revenue YoY
55.4%
-21.4%
Net Profit YoY
1368.7%
35.4%
EPS (diluted)
$0.72

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
IVR
IVR
STRO
STRO
Q4 25
$21.3M
$11.6M
Q3 25
$17.6M
$9.7M
Q2 25
$17.7M
$63.7M
Q1 25
$18.8M
$17.4M
Q4 24
$13.7M
$14.8M
Q3 24
$7.5M
$8.5M
Q2 24
$8.6M
$25.7M
Q1 24
$7.0M
$13.0M
Net Profit
IVR
IVR
STRO
STRO
Q4 25
$51.5M
Q3 25
$53.5M
$-56.9M
Q2 25
$-23.3M
$-11.5M
Q1 25
$19.6M
$-76.0M
Q4 24
$3.5M
$-72.4M
Q3 24
$40.7M
$-48.8M
Q2 24
$-13.5M
$-48.0M
Q1 24
$29.1M
$-58.2M
Operating Margin
IVR
IVR
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
IVR
IVR
STRO
STRO
Q4 25
242.2%
Q3 25
303.6%
-586.6%
Q2 25
-131.6%
-18.0%
Q1 25
104.4%
-436.6%
Q4 24
25.6%
-489.2%
Q3 24
542.2%
-572.6%
Q2 24
-155.9%
-186.8%
Q1 24
415.9%
-447.5%
EPS (diluted)
IVR
IVR
STRO
STRO
Q4 25
$0.72
Q3 25
$0.74
$-0.67
Q2 25
$-0.40
$-0.14
Q1 25
$0.26
$-0.91
Q4 24
$-0.09
$-27.63
Q3 24
$0.63
$-0.59
Q2 24
$-0.38
$-0.59
Q1 24
$0.49
$-0.59

Balance Sheet & Financial Strength

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

Metric
IVR
IVR
STRO
STRO
Cash + ST InvestmentsLiquidity on hand
$56.0M
$141.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$797.5M
$-132.5M
Total Assets
$6.5B
$173.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVR
IVR
STRO
STRO
Q4 25
$56.0M
$141.4M
Q3 25
$58.5M
$167.6M
Q2 25
$59.4M
$205.1M
Q1 25
$42.9M
$249.0M
Q4 24
$73.4M
$316.9M
Q3 24
$48.3M
$388.3M
Q2 24
$58.8M
$375.6M
Q1 24
$59.9M
$267.6M
Stockholders' Equity
IVR
IVR
STRO
STRO
Q4 25
$797.5M
$-132.5M
Q3 25
$769.6M
$-87.3M
Q2 25
$709.4M
$-32.1M
Q1 25
$759.2M
$-25.8M
Q4 24
$730.7M
$44.6M
Q3 24
$857.0M
$111.2M
Q2 24
$759.2M
$152.2M
Q1 24
$785.6M
$98.0M
Total Assets
IVR
IVR
STRO
STRO
Q4 25
$6.5B
$173.8M
Q3 25
$6.0B
$209.7M
Q2 25
$5.4B
$262.4M
Q1 25
$6.2B
$321.4M
Q4 24
$5.7B
$387.2M
Q3 24
$6.1B
$451.8M
Q2 24
$5.1B
$489.0M
Q1 24
$5.2B
$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
IVR
IVR
STRO
STRO
Operating Cash FlowLast quarter
$157.1M
$-177.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.05×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVR
IVR
STRO
STRO
Q4 25
$157.1M
$-177.2M
Q3 25
$37.3M
$-38.2M
Q2 25
$40.6M
$-44.7M
Q1 25
$19.3M
$-67.9M
Q4 24
$183.2M
$-71.7M
Q3 24
$30.8M
$-64.5M
Q2 24
$33.0M
$9.5M
Q1 24
$57.5M
$-64.7M
Cash Conversion
IVR
IVR
STRO
STRO
Q4 25
3.05×
Q3 25
0.70×
Q2 25
Q1 25
0.98×
Q4 24
52.24×
Q3 24
0.76×
Q2 24
Q1 24
1.97×

Financial Flow Comparison

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

Related Comparisons