Company Analysis

Spero Therapeutics, Inc. (SPRO)

Nasdaq: SPRO · Pharmaceutical Preparations · Cambridge, MA · filing with the SEC since 2017
Grade6.1
◀ Past 5.8● Present 6.5▶ Future 6.0
1 est.

The grade of Spero Therapeutics, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.1/10
◀ Past5.825% of the headline
● Present6.535% of the headline
▶ Future6.040% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.8/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
3.5/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2025-02-28.

weight 22% of this tense · 35th percentile among 497 sector filers · read for itself

From the record

Spero Therapeutics, Inc.'s filings since 2017 show 1 warning event: a notice about its exchange listing (8-K item 3.01, the latest 2025-02-28) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.1/10

What has it actually done, year after year?

+80.1% a year over 10 filed years; profitable in 2 of 10.

weight 45% of this tense · 71st percentile among 323 sector filers · read for its customers

From the record

Spero Therapeutics, Inc.'s 10 filed years say what it did: revenue went from $335 thousand in fiscal 2016 to $67 million in fiscal 2025, up 80.1% a year; it rose in 7 of 9 years; the deepest fall was 54% from fiscal 2023 to fiscal 2024; net income was positive in 2 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span80.1%top 13% of its family
  • the share of years revenue rosetop 28% of its family
  • the share of filed years with a profittop 27% of its family
  • the deepest fall from a revenue peak53.8%top 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
5.5/10

How has it treated the people who own it?

SI estimate 5.5/10, confidence 35 of 100 (one part).

weight 33% of this tense · 55th percentile among 464 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 45% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 464 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Spero Therapeutics, Inc.'s shareholder treatment is put at 5.5 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 45% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

6.5/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
7.7/10

Is it financially healthy right now?

ROE 15%: 15¢ of profit per shareholder dollar. Leverage 14%: owes 14¢ per asset dollar.

weight 45% of this tense · 77th percentile among 473 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Spero Therapeutics, Inc. earned about 15 cents of profit for every dollar of shareholders' money. Leverage: it owed about 14 cents per dollar of assets, and net share issuance: its share count grew 9.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 24% of its family
  • return on equitytop 10% of its family
  • the share count against the year beforetop 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.4/10

How strong is its position in its industry?

top 36% of 315 in its family; net margin 12.8%.

weight 22% of this tense · 64th percentile among 315 sector filers · read for its customers

From the record

Spero Therapeutics, Inc.'s standing among 315 graded names in its industry family: revenue of $67 million in fiscal 2025 ranks in the top 40% by size; a net margin of 12.8% ranks in the top 15%; revenue growth of 7.7% a year over the last 3 filed years ranks in the bottom 49% (its annual reports).

What it rests on

  • revenue against the family$66.8Mtop 40% of its family
  • net margin12.8%top 15% of its family
  • three-year revenue growth7.7%bottom 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.8/10

What are the people in charge doing?

bottom 48% of 315 in its family for leadership.

weight 33% of this tense · 48th percentile among 315 sector filers · read for its shareholders

From the record

Spero Therapeutics, Inc.'s leadership, from its insiders' filings and its current reports: no one files under a chief executive's title, so that part is not read; the 12 officers and directors filing in the last fifteen months have been on the record a median of 7.2 years (top 26%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge9 in three years among 12 peoplebottom 23% of its family
  • the median years the people in charge have filed7.2 yearstop 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.0/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.0/10

How much room does it have to grow?

top 40% of 273 in its family for room to expand.

weight 33% of this tense · 60th percentile among 273 sector filers · read for itself

From the record

Spero Therapeutics, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $40 million against no long-term debt tagged leaves 58.4% of its assets as net cash, top 28% of its family; cash from operations less capital spending is -18.9% of revenue (top 37%); research spending of 57.6% of revenue (bottom 44%) (its annual report).

What it rests on

  • cash less debt against assets58.4%top 28% of its family
  • cash from operations less capital spending against revenue-18.9%top 37% of its family
  • research spending against revenue57.6%bottom 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.1/10

What could actually drive growth from here?

top 49% of 306 in its family for growth drivers.

weight 45% of this tense · 51st percentile among 306 sector filers · read for its customers

From the record

Spero Therapeutics, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 7.7% a year over the last three filed years against 80.1% over all 10, slowing (bottom 8% of its family); the newest year grew 39.3% (top 29%); research spending grew -6.8% a year (bottom 36%); capital spending grew 79.8% a year (top 11%) (its annual reports). Spero Therapeutics, Inc. reported 3 product lines in fiscal 2025: Collaboration Revenue Related Party at $47 million (70%), Collaboration Revenue at $13 million (19%), Grant Revenue at $7 million (11%); 2 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-72.4 points a yearbottom 8% of its family
  • the newest year's revenue growth39.3%top 29% of its family
  • three-year growth of research spending-6.8%bottom 36% of its family
  • three-year growth of capital spending79.8%top 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.8/10

Did its newest year beat what its own record pointed to?

top 22% of 233 in its family for expectations against reality.

weight 22% of this tense · 78th percentile among 233 sector filers · read for its shareholders

From the record

Spero Therapeutics, Inc.'s newest year against its own record: revenue of $67 million in fiscal 2025 came in 47% above the $45 million its prior three years' pace pointed to (top 20% of its family); net income of $9 million against a prior three-year average of $31 million (top 12%); a net margin of 12.8% against -69.2% before (top 34%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace47.0%top 20% of its family
  • net income against the prior three years' average+128%top 12% of its family
  • net margin against its prior average+82.1 pointstop 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton SPRO · research, not advice