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Sutro Biopharma STRO Shares (Diluted)

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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$420.56M+542%
Enterprise value$360.51M+1,611%
P/S4.2×+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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
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)
Loss before provision for income taxes(38,499)(75,961)
(Benefit) from / provision for income taxes(15)7
Net loss$(38,484)$(75,968)
Net loss per share, basic and diluted$(2.94)$(9.08)
Weighted-average shares used in computing basic and diluted net loss per share13,082,3558,364,294

Item 1. Financial Statements.

FAQ

What is Sutro Biopharma's shares (diluted)?
Sutro Biopharma (STRO) reported shares (diluted) of 13.1M in Q1 2026.
How has Sutro Biopharma's shares (diluted) changed year-over-year?
Sutro Biopharma's shares (diluted) increased by 56.4% year-over-year, from 8.4M to 13.1M.
What is the long-term trend for Sutro Biopharma's shares (diluted)?
Over 4 years (2021 to 2025), Sutro Biopharma's shares (diluted) has grown at a 0.3% compound annual growth rate (CAGR), from 184.3M to 186.3M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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