Filing Flows

Filing Flows › Sutro Biopharma (STRO) › Q1 2026 › vs Q1 2025

Sutro Biopharma (STRO) Q1 2026 vs Q1 2025 (year over year)

Sutro Biopharma's revenue fell $2.9M (-17%) from $17.4M in Q1 2025 to $14.5M in Q1 2026.

Sutro Biopharma, Q1 2026: revenue $14.5M (-16% year over year), operating margin -204.2%, net loss $38.5M, operating cash flow −$42.3M. The chart draws each line against Q1 2025, the increases inside each band.

Sutro Biopharma: what changed, Q1 2026 vs Q1 2025Sutro Biopharma: what changed, Q1 2026 vs Q1 2025Operating costs−$41.7MCosts & expenses−$40.3MNet loss−$37.5MNet loss absorbed−$37.5MOperating cash sources−$30.2MCash used in operations−$25.6MResearch & development−$15.0MWorking capital & other$7.3MGeneral & admin−$5.7MShare-based compensation−$4.0M

Every line

LineQ1 2026Q1 2025Change%
Revenue$14.5M$17.4M−$2.9M-17%
Income tax benefit$15K−$7K$22K—
Net loss$38.5M$76.0M−$37.5M-49%
Costs & expenses$53.0M$93.4M−$40.3M-43%
Operating costs$44.2M$85.9M−$41.7M-49%
Interest & other, net$8.8M$7.4M$1.4M+19%
Research & development$36.6M$51.6M−$15.0M-29%
General & admin$7.6M$13.3M−$5.7M-43%
Operating cash sources$45.1M$75.3M−$30.2M-40%
Depreciation & amortization$1.3M$1.9M−$622K-33%
Share-based compensation$1.6M$5.5M−$4.0M-72%
Cash used in operations$42.3M$67.9M−$25.6M-38%
Net loss absorbed$38.5M$76.0M−$37.5M-49%
Working capital & other$6.6M−$647K$7.3M—

Questions

How much did Sutro Biopharma's revenue grow year over year in Q1 2026?

Sutro Biopharma's revenue fell $2.9M (-17%) from $17.4M in Q1 2025 to $14.5M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →