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Sutro Biopharma STRO Other operating expenses

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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:OperatingExpenses.

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
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
Non-cash interest expense related to the sale of future royalties(9,467)(9,344)
Interest and other income (expense), net(1,011)(1,292)

Item 1. Financial Statements.

FAQ

What is Sutro Biopharma's other operating expenses?
Sutro Biopharma (STRO) reported other operating expenses of $44.18M in Q1 2026.
How has Sutro Biopharma's other operating expenses changed year-over-year?
Sutro Biopharma's other operating expenses decreased by 48.6% year-over-year, from $85.91M to $44.18M.
What is the long-term trend for Sutro Biopharma's other operating expenses?
Over 4 years (2021 to 2025), Sutro Biopharma's other operating expenses has grown at a 12.9% compound annual growth rate (CAGR), from $160.4M to $260.85M.
What does other operating expenses mean?
Residual operating expenses not classified into specific categories, serving as a catch-all for miscellaneous operating costs.

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