Sutro Biopharma (STRO) Operating Income (2017 - 2025)
Sutro Biopharma's (STRO) quarterly Operating Income came in at -$38.0 million in Q4 2025, up 41.69% year-on-year from -$26.9 million in Q4 2024, and up 21.48% quarter-over-quarter from -$48.5 million in Q3 2025.
Sutro Biopharma (STRO) Operating Income (2017 - 2025) Analysis & Trends
Sutro Biopharma has disclosed Operating Income across 9 years of filings, most recently posting -$38.0 million for Q4 2025.
- Operating Income for Q4 2025 came in at -$38.0 million, up 41.69% year-over-year; the trailing twelve-month figure through Dec 2025 was -$158.4 million (up 33.59% YoY), and the FY2025 annual result was -$158.4 million, up 33.59% from the prior year.
- Operating Income came in at -$38.0 million for Q4 2025 at Sutro Biopharma, up from -$48.5 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $43.2 million in Q4 2023 to a low of -$68.5 million in Q1 2025.
- The 5-year median for Operating Income is -$40.7 million (2022), against an average of -$35.7 million.
- Across the five-year window, Operating Income soared 187.67% in 2023 and sank 251.23% in 2024, its largest moves.
- Sutro Biopharma's Operating Income stood at -$35.0 million in 2021, then tumbled by 40.49% to -$49.2 million in 2022, then jumped by 187.67% to $43.2 million in 2023, then tumbled by 251.23% to -$65.3 million in 2024, then soared by 41.69% to -$38.0 million in 2025.
- The last three Operating Income figures came in at -$38.0 million (Q4 2025), -$48.5 million (Q3 2025), and -$3.3 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | -32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -65.83 Mn |
| 10 | Sutro Biopharma | 252.04 Mn | 252.04 Mn | - | -38.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -38.05 Mn |
| Sep 30, 2025 | -48.46 Mn |
| Jun 30, 2025 | -3.35 Mn |
| Mar 31, 2025 | -68.51 Mn |
| Dec 31, 2024 | -65.26 Mn |
| Sep 30, 2024 | -67.92 Mn |
| Jun 30, 2024 | -48.69 Mn |
| Mar 31, 2024 | -56.59 Mn |
| Dec 31, 2023 | 43.15 Mn |
| Sep 30, 2023 | -44.01 Mn |
| Jun 30, 2023 | -46.18 Mn |
| Mar 31, 2023 | -42.24 Mn |
| Dec 31, 2022 | -49.22 Mn |
| Sep 30, 2022 | -21.21 Mn |
| Jun 30, 2022 | -19.38 Mn |
| Mar 31, 2022 | -39.13 Mn |
| Dec 31, 2021 | -35.04 Mn |
| Sep 30, 2021 | -34.67 Mn |
| Jun 30, 2021 | -9.81 Mn |
| Mar 31, 2021 | -19.01 Mn |