Scholar Rock Holding Corp
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $0 | — | — | $33.2M | $18.8M |
| Research and development | $208.4M | $184.6M | $121.9M | $124.4M | $108.5M |
| Operating expenses | $384.6M | $252.1M | $171.3M | $167.6M | $148.7M |
| Operating income | -$384.6M | -$252.1M | -$171.3M | -$134.4M | -$129.9M |
| Interest expense | $6.9M | $6.8M | — | — | — |
| Net income | -$377.9M | -$246.3M | -$165.8M | -$134.5M | -$131.8M |
| Balance Sheet | |||||
| Cash and equivalents | $323.5M | $177.9M | $101.9M | $103.3M | $212.8M |
| Current assets | $385.1M | $451.2M | $288.2M | $328.0M | $265.3M |
| Total assets | $404.3M | $474.9M | $311.0M | $358.2M | $304.4M |
| Current liabilities | $55.4M | $46.9M | $32.7M | $36.4M | $64.3M |
| Total liabilities | $158.8M | $106.3M | $85.8M | $97.9M | $132.4M |
| Stockholders' equity | $245.5M | $368.6M | $225.2M | $260.2M | $172.1M |
| Cash Flow Statement | |||||
| Cash from operations | -$300.0M | -$200.9M | -$145.2M | -$132.7M | -$126.8M |
| Depreciation and amortization | $1.7M | $1.9M | $2.8M | $3.0M | $2.6M |
| Stock-based compensation | $75.6M | $36.6M | $27.1M | $27.7M | $23.1M |
| Capital expenditure | $602,000 | $98,000 | $71,000 | $1.1M | $5.2M |
| Free cash flow | -$300.6M | -$201.0M | -$145.3M | -$133.8M | -$132.0M |
| Impairments | $0 | $0 | $0 | $0 | — |
Shares outstanding 119.8M · Free float 64.2%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.