Develops antibody drug conjugates for solid tumors.
Jun 2026Revenue $45.7M/yrExpenses $192M/yr
Fell below break-even Jan 2017Cash runway ≈ 1.1 years from Jun 2026
Figures by year
When will Sutro Biopharma be profitable again?
Its expenses passed its revenue in Jan 2017. In the 12 months to Jun 2026, revenue was $45.7M and expenses $192M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $102M | $261M | −$158M |
| Dec 2024 | $62.0M | $300M | −$238M |
| Dec 2023 | $154M | $243M | −$89.3M |
| Dec 2022 | $67.8M | $197M | −$129M |
| Dec 2021 | $61.9M | $160M | −$98.5M |
| Dec 2020 | $42.7M | $114M | −$71.1M |
| Dec 2019 | $42.7M | $98.2M | −$55.5M |
| Dec 2018 | $38.4M | $75.6M | −$37.2M |
| Dec 2017 | $51.7M | $71.0M | −$19.3M |
| Dec 2016 | $59.7M | $58.4M | $1.36M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.