Surrozen, Inc.

SRZN Healthcare Biotechnology

Surrozen, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.5 million, down 67.4% from fiscal 2024. In the quarter to June 2026, revenue grew 408.7%, EPS grew 7.84% and free cash flow fell 21.3%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

23.44 1.63 −6.50%
Market cap
$294.7M
P/E
0.0×
Fwd P/E
−1.7×
Dividend yield
—
F-score
n/a
Altman Z
−7.50
Beneish M
−14.31
Dividend safety
n/a

Insider Decisions trades per month

Total buys 16.85
Total sells 7.23
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 2 2 7 1 2 — — — — — — —
Sell — — 2 — — — 3 — 1 — — —
Insider Ownership 47.78%

Capital & Financial Ratios $m

Market Cap 294.66
Revenue 11.51
Net Income (332.13)
Free Cash Flow (34.98)
Net Debt (102.04)
Current Ratio 12.14 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (1.65) (negative: loss-making)
P/S ratio 23.78 (above 10: high)
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth 78.33% (at or above 15%: strong)
Next Y EPS Growth 48.52% (at or above 15%: strong)
Next Y revenue growth 208.89% (at or above 10%: strong)
Next 5Y EPS Growth 51.70% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 36 35 89 102
Receivables 2 3 0 5
Inventory — — — —
Other — — — —
41 39 92 109
2023 2024 2025 Q'26
Payables 1 0 1 1
ST’ Debt — — — —
Other — — — —
7 7 10 9

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 5 5 — — —
’25 1 1 1 1 3
’24 — — 10 1 11
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (12) (7) — — —
’25 (9) (6) (9) (6) (30)
’24 (9) (6) (7) 3 (18)
’23 (14) (9) (10) (7) (40)
’22 (18) (11) (14) 0 (44)
’21 (10) (13) (14) (12) (49)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (13) (7) — — —
’25 (9) (6) (9) (6) (30)
’24 (9) (6) (7) 3 (18)
’23 (14) (9) (10) (7) (41)
’22 (19) (11) (14) 0 (45)
’21 (11) (13) (15) (12) (50)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (11.65) (0.41) — — —
’25 (7.43) 2.55 (8.36) (20.13) (32.37)
’24 (4.24) (7.99) (0.44) (9.10) (21.67)
’23 (7.20) (4.65) (5.10) (4.35) (21.33)
’22 (3.45) (6.00) (5.70) (0.45) (15.59)
’21 (10.75) (10.41) (7.65) (5.25) (33.13)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — 82.35 5.15 4.50 6.00 5.90

Analyst estimates 2026–2028

Powerpack
High — — — — — 210.00 99.00 20.70 16.19 24.94
People
People Employees — — — — 3 83 74 42 41 44
Revenue/emp, $m — — — — 0.00 0.00 0.17 0.00 0.26 0.08
Income, $m
Income, $m Revenue — — — — — — 13 — 11 3
Gross margin, % — — — — 0.00 0.00 100.00 — 100.00 100.00
EBT — — — — (33) (55) (36) (43) (64) (242)
EBT margin, % — — — — 0.00 0.00 (288.03) 0.00 (596.56) (6,960.77)
Net income — 0 — — (33) (55) (36) (43) (64) (242)
Depreciation — — — — 2 2 2 1 1 1
Per share, $
Per share, $ Revenue — — — — 0.00 0.00 5.40 0.00 3.63 0.47
Earnings — — — — (30.71) (33.13) (15.59) (21.33) (21.67) (32.37)
Cash flow — — — — (27.31) (29.64) (19.08) (20.00) (6.01) (4.04)
Capex — — — — (0.82) (0.77) (0.31) (0.20) (0.01) (0.02)
Free cash flow — — — — (28.13) (30.41) (19.39) (20.20) (6.02) (4.06)
Book value — — — — 44.39 66.61 32.84 18.80 (7.29) (25.11)
Shares, m — — — — 1 2 2 2 3 7
Valuation, ×
Valuation, × P/E — — — — — — 0.00 — 0.00 0.00
P/S — — — — — — 0.00 — 0.00 48.61
P/B — — — — — — 0.26 — 0.00 0.00
EV/Sales — — — — — — 0.00 — 0.00 22.94
EV/FCF — — — — — — 1.26 — (0.43) (2.63)
Cash, $m
Cash, $m Operating cash flow — — — — (29) (49) (44) (40) (18) (30)
Capex — — — — (1) (1) (1) 0 0 0
Free cash flow — — — — (30) (50) (45) (41) (18) (30)
Balance, $m
Balance, $m Working capital — — — — 43 92 72 34 32 82
Total debt — — — — 10 8 6 — — —
Net debt — — — — (49) (102) (76) (36) (35) (89)
Shareholders’ equity — — — — 47 110 76 38 (21) (188)
Returns, %
Returns, % ROA — — — — (105.43) (54.86) (31.78) (63.52) (134.46) (328.86)
ROIC — — — — 0.00 (433.10) (17,001.15) (1,512.29) 0.00 0.00
ROE — — — — (32.72) (69.62) (38.78) (75.55) (767.91) 231.45
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Surrozen, Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
AGEN Agenus Inc. $301.7M 2.3× 4.1× +34.36% (above 0%: growing) n/m −55.25% (below 0%: shrinking) 100.00% 32.72% Compare
CTNM Contineum Therapeutics, Inc. $297.2M — (loss-making) — — n/m +26.73% (above 0%: growing) 100.00% 0.00% Compare
ARTV Artiva Biotherapeutics, Inc. $296.3M — (loss-making) — (loss-making) — n/m +13.60% (above 0%: growing) 100.00% 0.00% Compare
BNTC Benitec Biopharma Limited $295.1M — (loss-making) — (loss-making) −85.42% (below 0%: shrinking) n/m +38.90% (above 0%: growing) 0.00% 0.00% Compare
SRZN Surrozen, Inc. $294.7M — (loss-making) — (loss-making) +408.65% (above 0%: growing) n/m −21.25% (below 0%: shrinking) 100.00% (207.40%)
FULC Fulcrum Therapeutics, Inc. $280.0M — (loss-making) — (loss-making) +27,018.64% (above 0%: growing) n/m −13.05% (below 0%: shrinking) 100.00% 0.00% Compare
OCGN Ocugen, Inc. $275.9M — (loss-making) — (loss-making) +8.38% (above 0%: growing) n/m −13.42% (below 0%: shrinking) 100.00% (1,105.11%) Compare
NAUT Nautilus Biotechnology, Inc. $274.9M — (loss-making) — — n/m −3.16% (below 0%: shrinking) 92.11% (8,296.32%) Compare
IPSC Century Therapeutics, Inc. $271.6M — (loss-making) — (loss-making) +12,667.72% (above 0%: growing) n/m +26.66% (above 0%: growing) 100.00% 0.00% Compare
Median of peers $287.5M — — +34.36% — +5.22% 100.00% 0.00%

All 614 Biotechnology stocks →

Surrozen, Inc. (SRZN) key facts

  • Concern: Surrozen, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.5 million, down 67.4% from fiscal 2024.
  • Surrozen, Inc. (SRZN) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of October 16, 2026, SRZN traded at $23.44, a market capitalization of $294.7 million.
  • Return on equity was 231.5% and debt-to-equity 0.00.
  • Its Altman Z-score is −7.50 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Surrozen, Inc. (SRZN) Latest News

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stockrow.com/SRZN · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com