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Sutro Biopharma STRO Net proceeds from sales of subsidiary shares

Net proceeds from sales of subsidiary shares at other companies

Septerna, Inc. logo
Septerna, Inc.SEPN
$0-100%

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%
CapEx--100%
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:ProceedsFromIssuanceInitialPublicOffering.

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 net proceeds from sales of subsidiary shares?
Sutro Biopharma (STRO) reported net proceeds from sales of subsidiary shares of $103.13M in Q1 2026.
What does net proceeds from sales of subsidiary shares mean?
This represents the total cash proceeds received by the company from the issuance of equity securities during an initial public offering. It reflects the capital raised from public markets to fund research, development, and general corporate purposes. This metric is a key indicator of the company's ability to access external capital to support its growth strategy.