Starling Oncology, Inc. income statement
In fiscal 2025, Starling Oncology, Inc. reported revenue of $503m, up 27.8% on the year before, operating income of −$36.1m (a -7.2% margin) and net income of −$60.6m, or −$0.54 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 188 | 203 | 252 | 324 | 393 | 503 | 587 |
| Selling, general and administrative | 42 | 83 | 120 | 114 | 108 | 106 | 111 |
| Operating income | −8 | −46 | −82 | −77 | −60 | −36 | −26 |
| Interest expense | 0 | 0 | — | 7 | 7 | 11 | 8 |
| Net interest income | — | −0 | −4 | −7 | — | — | — |
| Income before tax | −15 | −12 | −0 | −83 | −65 | −61 | −36 |
| Income tax | −0 | −1 | −0 | −0 | 0 | −0 | 0 |
| Net income | −14 | −11 | 0 | −83 | −65 | −61 | −36 |
| Diluted EPS | −$0.24 | −$0.16 | −$0.21 | −$0.92 | −$0.71 | −$0.54 | −$0.36 |
| Diluted shares (average) | 59m | 66m | 81m | 74m | 75m | 92m | 101m |
| EBITDA | −5 | −43 | −78 | −71 | −54 | −29 | −19 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 100 | 100 | 104 | 120 | 137 | 142 | 147 | 161 |
| Selling, general and administrative | 27 | 25 | 25 | 27 | 25 | 28 | 28 | 30 |
| Operating income | −14 | −12 | −10 | −11 | −8 | −7 | −7 | −5 |
| Interest expense | 2 | 1 | 6 | 2 | 2 | 2 | 2 | 2 |
| Income before tax | −16 | −13 | −20 | −17 | −17 | −8 | −2 | −10 |
| Income tax | 0 | 0 | 0 | −0 | 0 | 0 | 0 | 0 |
| Net income | −16 | −13 | −20 | −17 | −17 | −8 | −2 | −10 |
| Diluted EPS | −$0.18 | −$0.15 | −$0.21 | −$0.15 | −$0.14 | −$0.05 | −$0.02 | −$0.08 |
| EBITDA | −12 | −10 | −8 | −9 | −6 | −5 | −5 | −3 |
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