What is Sutro Biopharma's capex?

Sutro Biopharma (STRO) reported capex of $0 in Q1 2026.

How has Sutro Biopharma's capex changed year-over-year?

Sutro Biopharma's capex decreased by 100.0% year-over-year, from $27K to $0.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Sutro Biopharma STRO CapEx

CapEx at other companies

PfizerPFE

$436M-22.7%

Gilead SciencesGILD

$117M+12.5%

RegenxbioRGNX

$1.24M+20.6%

XencorXNCR

$610K-57.8%

AnaptysBio, Inc.ANAB

$17K-51.4%

SchrodingerSDGR

$2.51M+321%

Other financials

Income statement

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Revenue$14.5M-16.5%

Operating income-$29.7M+56.7%

Net income-$38.5M+49.3%

EPS (diluted)-$2.94+67.6%

Balance sheet

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Cash & equivalents$73.7M-30.6%

Total debt$13.6M-36.3%

Total equity-$66.9M-159%

Total assets$242.0M-24.7%

Cash flow

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Operating cash flow-$42.3M+37.7%

Free cash flow-$42.3M+37.8%

Valuation

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Market cap$489.66M+624%

Enterprise value$429.61M-2,600%

P/S4.9×+3.9×

Profitability

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Operating margin-120%-48.6pp

Net margin-154.2%-56.7pp

FCF margin-152.2%-51.1pp

Returns & leverage

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Return on equity-234.2%—

Debt / equity0.5×+0.3×

Current ratio3.1×+1.0×

Where this comes from

Reported directly by Sutro Biopharma in its filing.

Tagged under the XBRL concept us-gaap:CapitalExpendituresIncurredButNotYetPaid.

The official record: Sutro Biopharma’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sutro Biopharma's capex?: Sutro Biopharma (STRO) reported capex of $0 in Q1 2026.
How has Sutro Biopharma's capex changed year-over-year?: Sutro Biopharma's capex decreased by 100.0% year-over-year, from $27K to $0.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.