Scholar Rock Holding Corp (SRRK) Financial Statements
Industry: Biological Products, (No Diagnostic Substances)
In fiscal 2025, Scholar Rock reported revenue of $0. Net income was -$377.9M, or -$3.29 per diluted share. Operating activities generated -$300.0M of cash, leaving -$300.6M of free cash flow. At fiscal year end, Scholar Rock held $404.3M in total assets against $158.8M in total liabilities, including $323.5M of cash and equivalents.
Open the full interactive Scholar Rock financials → Quarterly statements, key ratios, valuation history and price charts.
Scholar Rock Key Stats
| Share Price | $40.52 |
|---|---|
| Market Cap | $5.29B |
| 52-Week Range | $27.92 – $60.04 |
| Shares Outstanding | 130.6 million (basic, 2026 Q2) |
Scholar Rock Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $15.4M | $18.8M | $33.2M | $0 | $0 | $0 |
| Operating Income | -$86.9M | -$129.9M | -$134.4M | -$171.3M | -$252.1M | -$384.6M |
| Pre-Tax Income | -$86.5M | -$131.8M | -$134.5M | -$165.8M | -$246.3M | -$377.9M |
| Net Income | -$86.5M | -$131.8M | -$134.5M | -$165.8M | -$246.3M | -$377.9M |
| Diluted EPS | -$2.81 | -$3.59 | -$2.26 | -$1.99 | -$2.47 | -$3.29 |
Scholar Rock Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 |
| Net Income | -$102.2M | -$91.0M | -$105.5M | -$109.9M |
| Diluted EPS | -$0.90 | -$0.79 | -$0.83 | -$0.84 |
Scholar Rock Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $160.4M | $212.8M | $103.3M | $101.9M | $177.9M | $323.5M |
| Current Assets | $344.4M | $265.3M | $328.0M | $288.2M | $451.2M | $385.1M |
| Total Assets | $388.3M | $304.4M | $358.2M | $311.0M | $474.9M | $404.3M |
| Current Liabilities | $42.6M | $64.3M | $36.4M | $32.7M | $46.9M | $55.4M |
| Total Long-Term Debt | $26.0M | $52.0M | $51.0M | $51.0M | $50.1M | $99.7M |
| Total Liabilities | $127.5M | $132.4M | $97.9M | $85.8M | $106.3M | $158.8M |
| Shareholders' Equity | $260.8M | $172.1M | $260.2M | $225.2M | $368.6M | $245.5M |
Scholar Rock Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$60.3M | -$126.8M | -$132.7M | -$145.2M | -$200.9M | -$300.0M |
| Cash From Investing | -$63.5M | $134.3M | -$171.7M | $41.1M | -$76.1M | $218.7M |
| Cash From Financing | $247.8M | $45.0M | $194.8M | $102.6M | $353.0M | $228.4M |
| Free Cash Flow | -$64.4M | -$132.0M | -$133.8M | -$145.3M | -$201.0M | -$300.6M |
Figures from Scholar Rock's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Scholar Rock financials page for every line item.
Scholar Rock Company Profile
| Ticker | SRRK |
|---|---|
| Exchange | Nasdaq |
| Industry | Biological Products, (No Diagnostic Substances) |
| Headquarters | Cambridge, Massachusetts |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer |
| SEC CIK | 0001727196 |
Frequently Asked Questions
What was Scholar Rock's revenue in fiscal 2025?
Scholar Rock (SRRK) reported revenue of $0 for fiscal 2025.
What is Scholar Rock's annual revenue history?
Scholar Rock's annual revenue by fiscal year: 2020: $15.4M; 2021: $18.8M; 2022: $33.2M; 2023: $0; 2024: $0; 2025: $0.
What was Scholar Rock's net income in fiscal 2025?
Scholar Rock reported net income of -$377.9M for fiscal 2025.
What was Scholar Rock's earnings per share (EPS) in fiscal 2025?
Scholar Rock's diluted EPS was -$3.29 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Scholar Rock generate in fiscal 2025?
Scholar Rock generated -$300.6M of free cash flow in fiscal 2025.
What was Scholar Rock's revenue last quarter?
In its most recent reported quarter (2026 Q2), Scholar Rock reported revenue of $0.
How much debt does Scholar Rock have?
Scholar Rock reported $99.7M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Scholar Rock are outstanding?
Scholar Rock reported a weighted average of 130.6 million basic shares outstanding in 2026 Q2.
What is Scholar Rock's market cap?
Based on its latest closing price, Scholar Rock (SRRK) has a market capitalization of about $5.29B.
When does Scholar Rock's fiscal year end?
Scholar Rock's fiscal year end, as registered with the SEC, is December 31.
Where is Scholar Rock headquartered?
Scholar Rock lists its business address in Cambridge, Massachusetts in its SEC filings.
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