What is Sutro Biopharma's restructuring charges?

Sutro Biopharma (STRO) reported restructuring charges of $42K in Q1 2026.

How has Sutro Biopharma's restructuring charges changed year-over-year?

Sutro Biopharma's restructuring charges decreased by 99.8% year-over-year, from $21.04M to $42K.

What does restructuring charges mean?

One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

Sutro Biopharma STRO Restructuring Charges

Restructuring Charges at other companies

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$16M-30.4%

AMC Networks Inc.AMCX

$0-100%

Ribbon Communications Inc.RBBN

$2.04M-61.8%

Mativ HoldingsMATV

$1.2M+20.0%

Silvaco Group, Inc.SVCO

$317.5K—

Energy RecoveryERII

$1.54M+185%

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:RestructuringCosts.

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 restructuring charges?: Sutro Biopharma (STRO) reported restructuring charges of $42K in Q1 2026.
How has Sutro Biopharma's restructuring charges changed year-over-year?: Sutro Biopharma's restructuring charges decreased by 99.8% year-over-year, from $21.04M to $42K.
What does restructuring charges mean?: One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.