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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$423.04M+546%
Enterprise value$362.99M+1,623%
P/S4.3×+3.6×

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:GeneralAndAdministrativeExpense.

The source filing: Sutro Biopharma’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 4:30 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-224170
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Revenue$14,523$17,399
Operating expenses
Research and development36,55351,597
General and administrative7,58413,273
Restructuring and related costs4221,043
Total operating expenses44,17985,913
Loss from operations(29,656)(68,514)
Interest income1,6353,189

Item 1. Financial Statements.

FAQ

What is Sutro Biopharma's G&A?
Sutro Biopharma (STRO) reported G&A of $7.58M in Q1 2026.
How has Sutro Biopharma's G&A changed year-over-year?
Sutro Biopharma's G&A decreased by 42.9% year-over-year, from $13.27M to $7.58M.
What is the long-term trend for Sutro Biopharma's G&A?
Over 4 years (2021 to 2025), Sutro Biopharma's G&A has grown at a -7.5% compound annual growth rate (CAGR), from $56M to $41.02M.
What does G&A mean?
Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.

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