SSSS

MKT CAP:$334M

SuRo Capital Corp.

Market Cap

$334M

Financial Services·Asset Management·🇺🇸 United States·NASDAQ

Financials·Asset Management·🇺🇸·NASDAQ

Stock Price

$13.36+$3.71 (+38.45%)

Apr 22, 2026

Company Details

SuRo Capital Corp. is a business development company. The firm seeks to invest in growing, late stage, venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California.

CEO

Mark David Klein

IPO Date

Apr 28, 2011

Website

www.surocap.com

Key Metrics TTM

Revenue

$8M

+27.9% YoY

Net Income

$69M

EPS (Diluted)

$2.46

Free Cash Flow

-$21M

Revenue / Share

$0.26

Gross Margin

1072.2%

Operating Margin

930.4%

Net Margin

913.5%

FCF Margin

-276.2%

P/S

44.3x

P/E

4.8x

Earnings Reports

Q4 2025

May 5, 2026

PENDING

Q3 2025

Nov 5, 2025

$6M+536.4%EPS $0.26

Q2 2025

Aug 7, 2025

$167.3K-83.7%EPS $2.23

Q1 2025

May 7, 2025

$499.1K-67.3%EPS -$0.03

FY 2024

Mar 12, 2025

$5M-29.2%EPS -$1.60

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$380.8K	-$7M	-$10M
Q1 22	$583.1K	$24M	$20M
Q2 22	$890.6K	-$91M	-$94M
Q3 22	$519.5K	-$43M	-$46M
Q4 22	$1M	-$9M	-$12M
Q1 23	$1M	$9M	$5M
Q2 23	$1M	-$12M	-$16M
Q3 23	$1M	$28M	$25M
Q4 23	$2M	-$5M	-$9M
Q1 24	$2M	-$19M	-$22M
Q2 24	$1M	-$7M	-$11M
Q3 24	$888.7K	-$3M	-$5M
Q4 24	$1M	$4M	$44.5K
Q1 25	$499.1K	$2M	-$806.7K
Q2 25	$167.3K	$65M	$62M
Q3 25	$6M	$10M	$9M

Valuation

Quarter	P/S	P/E
Q4 21	270.5x	2.7x
Q1 22	156.8x	4.6x
Q2 22	84.5x	—
Q3 22	46.9x	—
Q4 22	35.5x	—
Q1 23	22.2x	—
Q2 23	17.4x	—
Q3 23	16.0x	49.8x
Q4 23	15.6x	20.3x
Q1 24	15.2x	—
Q2 24	14.2x	—
Q3 24	16.4x	—
Q4 24	31.0x	—
Q1 25	32.4x	—
Q2 25	70.0x	3.5x
Q3 25	28.0x	3.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	-$3M	-$3M
Q1 22	-$3M	-$3M
Q2 22	-$2M	-$2M
Q3 22	-$101M	-$101M
Q4 22	$94M	$94M
Q1 23	-$2M	-$2M
Q2 23	-$3M	-$3M
Q3 23	-$597.3K	-$597.3K
Q4 23	-$5M	-$5M
Q1 24	$23M	$23M
Q2 24	$13M	$13M
Q3 24	-$21M	-$21M
Q4 24	-$12M	-$12M
Q1 25	-$4M	-$4M
Q2 25	-$2M	-$2M
Q3 25	-$3M	-$3M

Capital Expenditures

Quarter	CapEx
Q4 21	$4
Q1 22	$1
Q2 22	$4
Q3 22	$5
Q4 22	$4
Q1 23	$2
Q2 23	$3
Q3 23	$2
Q4 23	$4
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$4
Q3 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	-58.7%	+116.4%
Q1 22	+100.1%	+81.5%
Q2 22	+224.1%	+387.9%
Q3 22	-0.8%	+415.3%
Q4 22	+284.2%	+39.7%
Q1 23	+122.8%	+83.3%
Q2 23	+54.1%	-82.2%
Q3 23	+182.1%	-151.1%
Q4 23	+68.1%	-16.4%
Q1 24	+17.6%	+811.2%
Q2 24	-25.1%	-31.3%
Q3 24	-39.4%	+126.7%
Q4 24	-50.0%	-89.8%
Q1 25	-67.3%	-94.5%
Q2 25	-83.7%	-632.3%
Q3 25	+536.4%	-147.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$0	0.0%
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q4 21	$996.9K
Q1 22	$2M
Q2 22	$2M
Q3 22	$1M
Q4 22	$1M
Q1 23	$2M
Q2 23	$2M
Q3 23	$795.2K
Q4 23	$880.6K
Q1 24	$1M
Q2 24	$1M
Q3 24	$1M
Q4 24	$939.3K
Q1 25	$1M
Q2 25	$1M
Q3 25	$958.9K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$173M	$0	$173M
Q2 22	$153M	$0	$153M
Q3 22	$40M	$0	$40M
Q4 22	$40M	$0	$40M
Q1 23	$48M	$0	$48M
Q2 23	$25M	$0	$25M
Q3 23	$74M	$0	$74M
Q4 23	$28M	$0	$28M
Q1 24	$51M	$0	$51M
Q2 24	$54M	$0	$54M
Q3 24	$33M	$0	$33M
Q4 24	$20M	$0	$20M
Q1 25	$16M	$0	$16M
Q2 25	$50M	$0	$50M
Q3 25	$55M	$0	$55M
Q4 25	$49.0T	$0	$49.0T

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	30M	+8.4%	+25.2%
Q1 22	31M	+4.3%	+29.5%
Q2 22	31M	-1.9%	+20.9%
Q3 22	30M	-2.8%	+7.8%
Q4 22	28M	-4.4%	-4.9%
Q1 23	28M	-0.3%	-9.1%
Q2 23	26M	-8.5%	-15.3%
Q3 23	25M	-2.3%	-14.9%
Q4 23	25M	-0.4%	-11.3%
Q1 24	25M	+0.6%	-10.5%
Q2 24	23M	-7.8%	-9.8%
Q3 24	23M	-0.1%	-7.8%
Q4 24	24M	+2.2%	-5.3%
Q1 25	24M	-1.4%	-7.2%
Q2 25	28M	+19.8%	+20.6%
Q3 25	29M	+2.6%	+24.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$42.3K	9
Q1 22	$64.8K	9
Q2 22	$99.0K	9
Q3 22	$57.7K	9
Q4 22	$146.3K	10
Q1 23	$129.9K	10
Q2 23	$137.2K	10
Q3 23	$146.6K	10
Q4 23	$223.6K	11
Q1 24	$138.9K	11
Q2 24	$93.4K	11
Q3 24	$80.8K	11
Q4 24	$122.9K	10
Q1 25	$49.9K	10
Q2 25	$16.7K	10
Q3 25	$565.6K	10

Revenue / Employee