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Scholar Rock Holding Corporation

SRRK

Healthcare · 55.15 +0.9% today

Isolated · not yet confirmedMarket checked 11 Sept, 12:10 GMT-4

Market read

Scholar Rock Holding Corporation's current read is isolated; its market group is not confirming.

The latest filing evidence is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.

What changed
  • The operating loss narrowed by 3.2M.
  • Operating cash flow remained negative at -152.4M.
Company+0.9% todayVolume comparison unavailable
Market group0 of 37 activeBiotechnology · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • Completion of Phase 3 SAPPHIRE and Phase 1 DRAGON, with reported decreases in clinical/preclinical costs (including $1.1M decrease for SRK-181 and $2.5M for SRK-439).

Invalidation: The isolated read changes if SRRK's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Healthcare · Biotechnology

The latest filing evidence is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.

Evidence that supports
  • The operating loss narrowed by 3.2M.
Evidence that challenges
  • Operating cash flow remained negative at -152.4M.
What would clarify the read
  • Completion of Phase 3 SAPPHIRE and Phase 1 DRAGON, with reported decreases in clinical/preclinical costs (including $1.1M decrease for SRK-181 and $2.5M for SRK-439).

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods6
Price observations327
Usable filing statements51
Verified relationships10
Evidence supporting the case

No qualifying supportive evidence was identified.

Evidence challenging the case
  • Latest annual revenue changed -100.0% year over year.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 10, 2026

55.65
6m+28.9%12m+76.2%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2019-12-31$20.5M
2020-12-31$15.4M-24.8%$-2.81
2021-12-31$18.8M+22.2%$-3.59+19.4%
2022-12-31$33.2M+76.4%$-2.26
2025-12-31$0-100.0%$-3.29

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 4 filings
Other Income (Expense), Net Other income (expense), net consists primarily of interest income earned on our cash, cash equivalents and marketable securities, partially offset by interest expense incurred on our debt facility, including amortization of debt di…
10-Q · May 7, 2026
Legal and regulatory exposuremixed · 4 filings
The Company was not subject to any material legal proceedings during the three months ended March 31, 2026 and 2025.
10-Q · May 7, 2026
Product pipeline and R&Dmixed · 2 filings
Accrued expenses are reflected on the consolidated balance sheet when costs incurred exceed payments made, while prepaid expenses are reflected on the consolidated balance sheet when payments made exceed the costs incurred.
10-K · Mar 3, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales · EV/sales . Comparisons use only industry-matched filing peers.

Scenario scaffold

No usable price/earnings or price/sales multiple (need a fresh price).

Price action

How the market is pricing the story

55.15+0.9% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 12:10 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for SRRK. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Latest filing assessment

The latest filing has limited comparable evidence

10-Q filed 2026-08-06 against the comparable filing from 2025-08-06.

limited evidence
OperationsmixedEvidence score +1
liquiditycautiousEvidence score -1
valuationwithheld

Capital and cash conversion

Reported investment and cash context

Capital spending YoY
-85.8%

Capex, revenue, and operating cash flow are matched to the same reported duration. Reported accounting context, not a forecast or trading recommendation.

What improved

  • The operating loss narrowed by 3.2M.

What weakened

  • Operating cash flow remained negative at -152.4M.

Filing receipts

In some cases, the price that we intend to charge for our products is also subject to approval.

We are currently operating in a period of economic uncertainty and capital markets disruption, which has been significantly impacted by geopolitical instability, ongoing military conflicts, new regulatory activities and economic policies, high inflation and interest rates and the imposition of tariffs, other trade barriers and retaliatory countermeasures, any of which could have a material adverse effect on our business, financial condition and results of operations.

The CRL has delayed our progress toward potential commercialization of apitegromab and we may be subject to additional risks such as a loss of our competitive advantage, increased litigation and other regulatory issues.

Historical filing backfill generated after the original filing window. It is not part of Jodie's live track record.

Business ecosystem

The relationships behind SRRK

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

ABBVAbbVie Inc.partnerMar 3, 2026

For the latter, many companies, including AbbVie Inc, Roche, Bicara Therapeutics, Novartis, Bristol Myers Squibb (acquired Forbius) and Merck KGaA, Merck (acquired Tilos Therapeutics) are developing therapies for cancer immunotherapy in combination with CPI t…

BCAXBicara Therapeutics Inc.partnerMar 3, 2026

For the latter, many companies, including AbbVie Inc, Roche, Bicara Therapeutics, Novartis, Bristol Myers Squibb (acquired Forbius) and Merck KGaA, Merck (acquired Tilos Therapeutics) are developing therapies for cancer immunotherapy in combination with CPI t…

BMYBristol-Myers Squibb CompanypartnerMar 3, 2026

For the latter, many companies, including AbbVie Inc, Roche, Bicara Therapeutics, Novartis, Bristol Myers Squibb (acquired Forbius) and Merck KGaA, Merck (acquired Tilos Therapeutics) are developing therapies for cancer immunotherapy in combination with CPI t…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 8 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

SRRK is currently a Follower in the organic co-movement group Biotechnology. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for SRRK; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.