Sutro Biopharma, Inc. (STRO)

Sutro Biopharma Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	66.43	62.04	153.73	67.77	61.88	42.72
Revenue Growth (YoY)	-56.88%	-59.64%	126.84%	9.52%	44.84%	-0.03%
Cost of Revenue	11.61	12.5	11.83	10.11	104.4	76.96
Gross Profit	54.82	49.54	141.9	57.67	-42.52	-34.24
Selling, General & Admin	49.01	48.45	62.58	59.54	56	36.82
Research & Development	235.15	239.54	168.59	127.07	-	-
Operating Expenses	284.15	287.99	231.18	186.61	56	36.82
Operating Income	-229.33	-238.45	-89.28	-128.94	-98.52	-71.06
Interest Expense	-33.62	-32.37	-23.75	-7.42	-3.2	-2.8
Interest & Investment Income	17.74	18.64	14.51	3.46	0.58	1.51
Other Non Operating Income (Expenses)	-5.06	-5.06	-	-	0.06	-1.17
EBT Excluding Unusual Items	-250.27	-257.24	-98.52	-132.91	-101.08	-73.52
Gain (Loss) on Sale of Investments	28.46	32.14	9.92	16.2	-4.45	41.5
Pretax Income	-242.85	-225.1	-88.6	-116.7	-105.54	-32.03
Income Tax Expense	2.36	2.36	18.19	2.5	-	0.1
Net Income	-245.22	-227.46	-106.79	-119.2	-105.54	-32.13
Net Income to Common	-245.22	-227.46	-106.79	-119.2	-105.54	-32.13
Shares Outstanding (Basic)	82	77	60	51	46	33
Shares Outstanding (Diluted)	82	77	60	51	46	33
Shares Change (YoY)	35.16%	27.70%	18.57%	10.02%	41.59%	41.88%
EPS (Basic)	-2.98	-2.96	-1.78	-2.35	-2.29	-0.99
EPS (Diluted)	-2.98	-2.96	-1.78	-2.35	-2.29	-0.99
Free Cash Flow	-198.51	-194.64	-115.93	-4.31	-97	-74.93
Free Cash Flow Per Share	-2.41	-2.53	-1.93	-0.09	-2.10	-2.30
Gross Margin	82.52%	79.85%	92.30%	85.09%	-68.71%	-80.14%
Operating Margin	-345.20%	-384.33%	-58.07%	-190.26%	-159.22%	-166.32%
Profit Margin	-369.11%	-366.62%	-69.47%	-175.89%	-170.55%	-75.20%
Free Cash Flow Margin	-298.81%	-313.72%	-75.41%	-6.36%	-156.76%	-175.39%
EBITDA	-221.98	-231.24	-82.46	-123.25	-93.68	-66.76
EBITDA Margin	-	-	-53.64%	-181.86%	-151.39%	-156.27%
D&A For EBITDA	7.36	7.22	6.82	5.69	4.84	4.3
EBIT	-229.33	-238.45	-89.28	-128.94	-98.52	-71.06
EBIT Margin	-	-	-58.07%	-190.26%	-159.22%	-166.32%

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q