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Shattuck Labs (STTK) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 6, 2025

Shattuck Labs (STTK) reported revenue of $1.0M for the third quarter 2025 (Q3 2025), -67% from a year earlier.

Revenue$1.0M
Year over year-67%
Quarter over quarter—
Operating margin—
Net earnings−$10.1M

Shattuck Labs, Q3 2025: revenue $1.0M (-67% year over year), net loss $10.1M, operating cash flow −$8.9M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$1.0M—-67%
Operating profit−$10.7M——
Net earnings−$10.1M——
Operating cash flow−$8.9M——

What changed

Revenue was $1.0M in Q3 2025, down 67% year over year.

Operating costs exceeded revenue by $10.7M, an operating margin of -1071.6%. Total costs fell 44% while revenue fell 67%. The quarter ended with a net loss of $10.1M.

Operating cash flow was −$8.9M. Non-cash charges added back $917K of depreciation and $1.8M of share-based compensation. Working capital and other items used $1.6M. Capital expenditures of $71K exceeded it, leaving free cash flow of −$9.0M.

Questions

What was Shattuck Labs' revenue in the third quarter 2025?

Shattuck Labs (STTK) reported revenue of $1.0M for the third quarter 2025 (Q3 2025), -67% from a year earlier.

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Source: Shattuck Labs 10-Q on SEC EDGAR.