vs

Side-by-side financial comparison of SUTRO BIOPHARMA, INC. (STRO) and Terra Property Trust, Inc. (TPTA). 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× Terra Property Trust, Inc.). On growth, SUTRO BIOPHARMA, INC. posted the faster year-over-year revenue change (-21.4% vs -37.4%). Over the past eight quarters, SUTRO BIOPHARMA, INC.'s revenue compounded faster (-5.4% CAGR vs -31.3%).

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...

The National Savings and Trust Company is a historic bank building located at the corner of New York Avenue and 15th Street, NW in Downtown Washington, D.C. It has also been known as the National Safe Deposit Company and the National Safe Deposit Savings and Trust Company.

STRO vs TPTA — Head-to-Head

Bigger by revenue
STRO
STRO
1.6× larger
STRO
$11.6M
$7.1M
TPTA
Growing faster (revenue YoY)
STRO
STRO
+16.0% gap
STRO
-21.4%
-37.4%
TPTA
Faster 2-yr revenue CAGR
STRO
STRO
Annualised
STRO
-5.4%
-31.3%
TPTA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
STRO
STRO
TPTA
TPTA
Revenue
$11.6M
$7.1M
Net Profit
$-10.6M
Gross Margin
Operating Margin
-48.8%
Net Margin
-150.2%
Revenue YoY
-21.4%
-37.4%
Net Profit YoY
35.4%
32.0%
EPS (diluted)
$-0.43

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
STRO
STRO
TPTA
TPTA
Q4 25
$11.6M
$7.1M
Q3 25
$9.7M
$7.3M
Q2 25
$63.7M
$8.6M
Q1 25
$17.4M
$12.5M
Q4 24
$14.8M
$11.3M
Q3 24
$8.5M
$12.2M
Q2 24
$25.7M
$11.2M
Q1 24
$13.0M
$15.0M
Net Profit
STRO
STRO
TPTA
TPTA
Q4 25
$-10.6M
Q3 25
$-56.9M
$-6.7M
Q2 25
$-11.5M
$-9.2M
Q1 25
$-76.0M
$-1.3M
Q4 24
$-72.4M
$-15.6M
Q3 24
$-48.8M
$-7.8M
Q2 24
$-48.0M
$-7.5M
Q1 24
$-58.2M
$-6.2M
Operating Margin
STRO
STRO
TPTA
TPTA
Q4 25
-48.8%
Q3 25
-499.9%
6.7%
Q2 25
-5.2%
-28.4%
Q1 25
-393.8%
32.8%
Q4 24
-440.7%
-72.3%
Q3 24
-797.2%
54.1%
Q2 24
-189.4%
6.3%
Q1 24
-435.0%
32.0%
Net Margin
STRO
STRO
TPTA
TPTA
Q4 25
-150.2%
Q3 25
-586.6%
-92.4%
Q2 25
-18.0%
-106.5%
Q1 25
-436.6%
-10.3%
Q4 24
-489.2%
-138.3%
Q3 24
-572.6%
-63.9%
Q2 24
-186.8%
-67.5%
Q1 24
-447.5%
-41.2%
EPS (diluted)
STRO
STRO
TPTA
TPTA
Q4 25
$-0.43
Q3 25
$-0.67
$-0.28
Q2 25
$-0.14
$-0.38
Q1 25
$-0.91
$-0.05
Q4 24
$-27.63
$-0.65
Q3 24
$-0.59
$-0.32
Q2 24
$-0.59
$-0.31
Q1 24
$-0.59
$-0.25

Balance Sheet & Financial Strength

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

Metric
STRO
STRO
TPTA
TPTA
Cash + ST InvestmentsLiquidity on hand
$141.4M
$33.2M
Total DebtLower is stronger
$178.9M
Stockholders' EquityBook value
$-132.5M
$146.5M
Total Assets
$173.8M
$351.5M
Debt / EquityLower = less leverage
1.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STRO
STRO
TPTA
TPTA
Q4 25
$141.4M
$33.2M
Q3 25
$167.6M
$17.4M
Q2 25
$205.1M
$5.9M
Q1 25
$249.0M
$11.9M
Q4 24
$316.9M
$8.6M
Q3 24
$388.3M
$21.2M
Q2 24
$375.6M
$18.9M
Q1 24
$267.6M
$17.9M
Total Debt
STRO
STRO
TPTA
TPTA
Q4 25
$178.9M
Q3 25
$211.9M
Q2 25
$260.2M
Q1 25
$286.7M
Q4 24
$326.1M
Q3 24
$312.9M
Q2 24
$383.8M
Q1 24
$377.6M
Stockholders' Equity
STRO
STRO
TPTA
TPTA
Q4 25
$-132.5M
$146.5M
Q3 25
$-87.3M
$159.7M
Q2 25
$-32.1M
$168.5M
Q1 25
$-25.8M
$179.9M
Q4 24
$44.6M
$185.7M
Q3 24
$111.2M
$206.2M
Q2 24
$152.2M
$218.6M
Q1 24
$98.0M
$230.5M
Total Assets
STRO
STRO
TPTA
TPTA
Q4 25
$173.8M
$351.5M
Q3 25
$209.7M
$398.1M
Q2 25
$262.4M
$459.3M
Q1 25
$321.4M
$495.2M
Q4 24
$387.2M
$542.8M
Q3 24
$451.8M
$546.8M
Q2 24
$489.0M
$634.4M
Q1 24
$403.4M
$640.2M
Debt / Equity
STRO
STRO
TPTA
TPTA
Q4 25
1.22×
Q3 25
1.33×
Q2 25
1.54×
Q1 25
1.59×
Q4 24
1.76×
Q3 24
1.52×
Q2 24
1.76×
Q1 24
1.64×

Cash Flow & Capital Efficiency

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

Metric
STRO
STRO
TPTA
TPTA
Operating Cash FlowLast quarter
$-177.2M
$1.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STRO
STRO
TPTA
TPTA
Q4 25
$-177.2M
$1.9M
Q3 25
$-38.2M
$-4.3M
Q2 25
$-44.7M
$1.2M
Q1 25
$-67.9M
$861.6K
Q4 24
$-71.7M
$-3.3M
Q3 24
$-64.5M
$1.7M
Q2 24
$9.5M
$-3.1M
Q1 24
$-64.7M
$-4.2M
Capex Intensity
STRO
STRO
TPTA
TPTA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons