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Companies / Healthcare / Spero Therapeutics, Inc.
SPRO

Spero Therapeutics, Inc.

HealthcarePharmaceutical Preparations
Ticker SPROCAMBRIDGE, MAFiscal year ends DecemberBook value per share $0.77Diluted shares 57.6M

Spero Therapeutics, Inc. (Nasdaq: SPRO) is a clinical-stage biopharmaceutical company focused on identifying and developing novel treatments for rare diseases and conditions with high unmet medical needs. Founded in 2013, the company has built its business around acquiring and developing product and technology rights… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$66.80M
+39.2% year over year
Last 12 mo $47.00M
9.45%
+162.4 percentage points
Last 12 mo 12.82%
$8.57M
+112.5% year over year
Last 12 mo $7.38M
15.91%
+162.7 percentage points
Last 12 mo 16.70%
Cash & financing
$-12.62M
+46.2% year over year
Last 12 mo $19.58M
$-12.62M
+46.2% year over year
Last 12 mo $19.58M
0.00
Was 0.00× a year earlier
Last 12 mo 0.00
59.0M
+9.3% year over year
Last 12 mo 57.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Spero Therapeutics, Inc. does

In the company’s own words

Spero Therapeutics, Inc. (Nasdaq: SPRO) is a clinical-stage biopharmaceutical company focused on identifying and developing novel treatments for rare diseases and conditions with high unmet medical needs. Founded in 2013, the company has built its business around acquiring and developing product and technology rights while constructing an intellectual property portfolio centered on innovative antibiotic therapies.

The company's primary clinical-stage product candidate is tebipenem HBr, a potential first oral carbapenem designed to treat complicated urinary tract infections, including pyelonephritis, in adult patients. Tebipenem HBr has completed a pivotal Phase 3 trial called PIVOT-PO, which met its primary endpoint and was stopped early for efficacy. In September 2022, Spero entered into an exclusive license agreement with GlaxoSmithKline for the development, manufacturing, and commercialization of tebipenem HBr outside of certain Asian territories. Under this partnership, Spero received a $66 million upfront payment and is eligible to receive up to $525 million in development, sales, and commercial milestone payments, plus tiered royalties on net product sales. GSK submitted a New Drug Application for tebipenem HBr in December 2025, with an FDA decision date set for June 18, 2026.

Spero has received significant regulatory designations for tebipenem HBr, including Qualified Infectious Disease Product status and fast track designation from the FDA. The company's website is www.sperotherapeutics.com.

Historically, Spero pursued development of SPR206, an intravenous investigational therapy for hospital-acquired and ventilator-associated bacterial pneumonia caused by carbapenem-resistant pathogens, and SPR720, an oral antibiotic candidate for nontuberculous mycobacterial pulmonary disease. In March 2025 and November 2025, respectively, the company ceased development of these programs to focus resources on advancing tebipenem HBr and exploring opportunities to expand its clinical-stage product portfolio. The company has not generated revenue from product sales and has a history of operating losses.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
CAMBRIDGE, MA
Fiscal year end
December
CIK
1701108
SIC
2834

Financial performance, year by year

Fiscal 2017–2025 · USD
$-109.11M$-51.05M$7.01M$65.07M$123.13M201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Spero Therapeutics, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

22
funds hold it
0 of 35
superinvestors hold it
$6.81M
held by funds, at market
5.0%
of shares held by funds

Largest fund holders · Spero Therapeutics, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.02%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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