Sutro Biopharma (STRO) Operating Leases (2021 - 2026)
Sutro Biopharma (STRO) posted Operating Leases of $7.9 million for Q4 2025, down 18.66% sequentially from $9.7 million in Q3 2025, and down 49.66% YoY from $15.7 million in Q4 2024.
Analysis
Sutro Biopharma (STRO) Operating Leases (2021 - 2026) Analysis & Trends
Sutro Biopharma has reported Operating Leases for 5 years, with the latest figure at $7.9 million in Q4 2025.
- Quarterly Operating Leases fell 49.66% year-over-year to $7.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $7.9 million (down 49.66% YoY) and the FY2025 annual result came in at $7.9 million, down 49.66% from the prior year.
- Operating Leases eased to $7.9 million in Q4 2025 per STRO's latest filing, from $9.7 million in the prior quarter.
- Over five years, Operating Leases peaked at $32.1 million in Q3 2021 and troughed at $7.9 million in Q4 2025.
- A 5-year average of $22.6 million and a median of $24.0 million in 2023 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2025: Operating Leases slipped 3.23% in 2022, then plunged 49.66% in 2025.
- Over 5 years, Operating Leases stood at $31.2 million in 2021, then slipped by 5.28% to $29.6 million in 2022, then slipped by 21.71% to $23.2 million in 2023, then slumped by 32.31% to $15.7 million in 2024, then slumped by 49.66% to $7.9 million in 2025.
- According to Business Quant data, Operating Leases over the past three periods registered $7.9 million, $9.7 million, and $11.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn |
| 10 | Sutro Biopharma | 334.33 Mn | 169.99 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.12 Mn |
| Dec 31, 2025 | 7.89 Mn |
| Sep 30, 2025 | 9.70 Mn |
| Jun 30, 2025 | 11.54 Mn |
| Mar 31, 2025 | 13.63 Mn |
| Dec 31, 2024 | 15.67 Mn |
| Sep 30, 2024 | 17.66 Mn |
| Jun 30, 2024 | 19.59 Mn |
| Mar 31, 2024 | 21.40 Mn |
| Dec 31, 2023 | 23.15 Mn |
| Sep 30, 2023 | 24.86 Mn |
| Jun 30, 2023 | 26.53 Mn |
| Mar 31, 2023 | 28.07 Mn |
| Dec 31, 2022 | 29.57 Mn |
| Sep 30, 2022 | 31.04 Mn |
| Jun 30, 2022 | 32.07 Mn |
| Mar 31, 2022 | 31.63 Mn |
| Dec 31, 2021 | 31.22 Mn |
| Sep 30, 2021 | 32.07 Mn |