Stoke Therapeutics (STOK) | Financial Analysis & Statements
Stoke Therapeutics Inc. Mid-cap Healthcare
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Dec 2025Income Metrics
Revenue
1.4M
Operating Income
-61.4M
-4,382.24%
Net Income
-57.9M
-4,132.24%
Balance Sheet Metrics
Total Assets
418.4M
Total Liabilities
66.0M
Shareholders Equity
352.5M
Debt to Equity
0.19
Cash Flow Metrics
Operating Cash Flow
-39.2M
Free Cash Flow
-30.7M
Revenue & Profitability Trend
Quarter Income Flow
Dec 31, 2025
Annual Income Flow
2025
Stoke Therapeutics Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 184.4M | 36.6M | 8.8M | 12.4M | 0 |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Operating Expenses | |||||
| Research & Development | 137.9M | 89.1M | 82.2M | 77.8M | 54.2M |
| Selling, General & Administrative | 67.1M | 48.8M | 41.3M | 38.9M | 31.9M |
| Other Operating Expenses | - | - | - | - | - |
| Total Operating Expenses | 205.0M | 137.9M | 123.6M | 116.8M | 86.1M |
| Operating Income | -20.6M | -101.4M | -114.8M | -104.4M | -86.1M |
| Operating Margin % | -11.2% | -277.3% | -1,307.2% | -841.2% | 0.0% |
| Non-Operating Items | |||||
| Interest Income | - | - | - | - | 120.0K |
| Interest Expense | - | - | - | - | - |
| Other Non-Operating Income | -51.0K | -247.0K | 166.0K | 167.0K | 140.0K |
| Pre-tax Income | -6.9M | -89.0M | -104.7M | -101.1M | -85.8M |
| Income Tax | - | - | - | - | - |
| Effective Tax Rate % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net Income | -6.9M | -89.0M | -104.7M | -101.1M | -85.8M |
| Net Margin % | -3.7% | -243.4% | -1,192.5% | -814.7% | 0.0% |
| Key Metrics | |||||
| EBITDA | -18.8M | -99.2M | -112.3M | -102.8M | -85.1M |
| EPS (Basic) | - | $-1.65 | $-2.38 | $-2.60 | $-2.34 |
| EPS (Diluted) | - | $-1.65 | $-2.38 | $-2.60 | $-2.34 |
| Basic Shares Outstanding | - | 54008883 | 43994862 | 38897442 | 36739269 |
| Diluted Shares Outstanding | - | 54008883 | 43994862 | 38897442 | 36739269 |
Income Statement Trend
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Stoke Therapeutics Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 84.2M | 128.0M | 191.4M | 113.6M | 144.9M |
| Short-term Investments | 200.4M | 88.9M | 10.0M | 116.0M | 74.9M |
| Accounts Receivable | 5.9M | - | - | - | - |
| Inventory | - | - | - | - | - |
| Other Current Assets | 3.9M | 4.0M | 2.6M | 3.0M | 2.2M |
| Total Current Assets | 305.7M | 232.8M | 215.3M | 244.1M | 229.2M |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 12.8M | 13.9M | 16.0M | 12.7M | 9.6M |
| Goodwill | - | - | - | - | - |
| Intangible Assets | - | - | - | - | - |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 227.0K | 721.0K | 569.0K | 569.0K | 569.0K |
| Total Non-Current Assets | 112.7M | 38.8M | 13.0M | 12.0M | 9.6M |
| Total Assets | 418.4M | 271.6M | 228.3M | 256.1M | 238.9M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 4.9M | 2.5M | 1.7M | 766.0K | 2.4M |
| Short-term Debt | 3.0M | 2.3M | 2.1M | 2.4M | 1.5M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | 1.1M | 753.0K | 857.0K | 509.0K | 540.0K |
| Total Current Liabilities | 57.9M | 40.1M | 30.8M | 31.4M | 17.1M |
| Non-Current Liabilities | |||||
| Long-term Debt | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - |
| Other Non-Current Liabilities | 1.1M | 2.5M | 4.9M | 3.0M | 3.9M |
| Total Non-Current Liabilities | 8.1M | 2.5M | 38.0M | 39.8M | 3.9M |
| Total Liabilities | 66.0M | 42.5M | 68.8M | 71.2M | 21.1M |
| Equity | |||||
| Common Stock | 5.0K | 5.0K | 5.0K | 4.0K | 4.0K |
| Retained Earnings | -497.7M | -490.8M | -401.8M | -297.2M | -196.1M |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 352.5M | 229.0M | 159.6M | 184.8M | 217.8M |
| Key Metrics | |||||
| Total Debt | 3.0M | 2.3M | 2.1M | 2.4M | 1.5M |
| Working Capital | 247.8M | 192.7M | 184.5M | 212.7M | 212.1M |
Balance Sheet Composition
Stoke Therapeutics Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -6.9M | -89.0M | -104.7M | -101.1M | -85.8M |
| Depreciation & Amortization | 1.8M | 2.2M | 2.5M | 1.5M | 974.0K |
| Stock-Based Compensation | 32.2M | 27.5M | 25.3M | 22.9M | 16.4M |
| Working Capital Changes | -4.4M | -29.4M | -3.4M | 51.7M | 0 |
| Operating Cash Flow | 25.1M | -86.5M | -78.1M | -22.9M | -67.1M |
| Investing Activities | |||||
| Capital Expenditures | -670.0K | -203.0K | -1.6M | -4.0M | -1.2M |
| Acquisitions | - | - | - | - | - |
| Investment Purchases | -322.7M | -167.3M | 0 | -201.3M | -87.2M |
| Investment Sales | 136.6M | 60.0M | 107.6M | 159.4M | 12.0M |
| Investing Cash Flow | -186.8M | -107.5M | 105.9M | -45.9M | -76.4M |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | - |
| Dividends Paid | - | - | - | - | - |
| Debt Issuance | - | - | - | - | - |
| Debt Repayment | - | - | - | - | - |
| Financing Cash Flow | 87.8M | 128.8M | 52.1M | 45.3M | -2.0K |
| Free Cash Flow | 44.9M | -87.1M | -82.7M | -35.8M | -68.1M |
| Net Change in Cash | -73.9M | -65.1M | 80.0M | -23.5M | -143.6M |
Cash Flow Trend
Stoke Therapeutics Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
48.81
Forward P/E
-11.00
Price to Book
5.84
Price to Sales
11.20
PEG Ratio
-11.00
Profitability Ratios
Profit Margin
-3.73%
Operating Margin
-4,382.24%
Return on Equity
-2.37%
Return on Assets
-3.73%
Financial Health
Current Ratio
5.28
Debt to Equity
1.18
Beta
1.22
Per Share Data
EPS (TTM)
$-0.12
Book Value per Share
$5.98
Revenue per Share
$3.11
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| STOK | 2.1B | 48.81 | 5.84 | -2.37% | -3.73% | 1.18 |
| Vertex | 109.4B | 28.40 | 5.92 | 22.54% | 32.94% | 10.91 |
| Regeneron | 81.0B | 18.00 | 2.45 | 14.86% | 31.41% | 9.51 |
| Axsome Therapeutics | 9.5B | -50.54 | 105.31 | -252.12% | -28.69% | 247.03 |
| Praxis Precision | 9.6B | - | 9.46 | -45.83% | 0.00% | 0.01 |
| Bio-Techne | 9.1B | 117.16 | 4.55 | 3.80% | 6.41% | 20.07 |
Financial data is updated regularly. All figures are in the company's reporting currency.






