Financial health
- The company is unprofitable; at its current free-cash-flow burn it has roughly 2.9 years of cash runway.
SRZNW Financials Surrozen, Inc./DE
6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $3M | -$242M | 0.0% | -1210.6% | -$30M | — | $89M |
| 2024 | $11M | -$64M | 0.0% | -239.7% | -$18M | — | $35M |
| 2023 | $0 | -$43M | — | — | -$41M | — | $36M |
| 2022 | — | -$36M | — | — | -$45M | — | $25M |
| 2021 | — | -$55M | — | — | -$50M | — | $33M |
| 2020 | — | -$33M | — | — | -$30M | — | $35M |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $5M | -$128M | 0.0% | -209.1% | -$13M | — | $107M |
| Dec '25 | $528000 | -$183M | 0.0% | -2393.8% | -$6M | — | $89M |
| Sep '25 | $983000 | -$72M | 0.0% | -1107.3% | -$9M | — | $81M |
| Jun '25 | — | $40M | — | — | -$6M | — | $90M |
| Mar '25 | $983000 | -$27M | 0.0% | -971.6% | -$9M | — | $102M |
| Dec '24 | $655000 | -$28M | 0.0% | -1311.8% | $3M | — | $35M |
| Sep '24 | $10M | -$1M | 0.0% | 12.3% | -$7M | — | $31M |
| Jun '24 | — | -$25M | — | — | -$6M | — | $38M |
| Mar '24 | — | -$9M | — | — | -$9M | — | $27M |
| Dec '23 | — | -$9M | — | — | -$7M | — | $36M |
| Sep '23 | — | -$10M | — | — | -$10M | — | $34M |
| Jun '23 | — | -$9M | — | — | -$9M | — | $36M |
| Mar '23 | — | -$14M | — | — | -$14M | — | $28M |
| Dec '22 | — | -$775000 | — | — | -$353000 | — | $25M |
| Sep '22 | — | -$13M | — | — | -$14M | — | $26M |
| Jun '22 | — | -$14M | — | — | -$11M | — | $17M |
| Mar '22 | — | -$8M | — | — | -$19M | — | $14M |
| Dec '21 | — | -$15M | — | — | -$12M | — | $33M |
| Sep '21 | — | -$14M | — | — | -$15M | — | $61M |
| Jun '21 | — | -$13M | — | — | -$13M | — | $19M |
Valuation over time
How the market has priced SRZNW against its own fundamentals since 2023-04 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-sales ratio has risen from 0.0× (Dec '24) to 0.0× (Jun '26).
P/S
Frequently asked questions
Is SRZNW growing its revenue and profit?
See the revenue and net-income charts above for Surrozen, Inc./DE's multi-year trend.
How much debt does SRZNW have?
As of FY2025, Surrozen, Inc./DE reported — of total debt against $89M of cash.
What is SRZNW's profit margin?
In FY2025, gross margin was —, operating margin -1210.6%, and net margin -6960.8%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.