10-Q quarterly report · filed Nov 14, 2025

Scholar Rock Holding Corp (SRRK) Q3 2025 10-Q Quarterly Report

Short answer

Scholar Rock Holding Corp (SRRK) filed its Q3 2025 10-Q quarterly report on Nov 14, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $0 with net income of −$102M.

Q3 2025 key financials · XBRL

Revenue
$0
Net income
−$102M
−58.5% YoY · +7.1% QoQ
EPS (diluted)
−$0.89
−34.8% YoY · +9.2% QoQ

Source: XBRL data from the Scholar Rock Holding Corp (SRRK) Q3 2025 10-Q on SEC EDGAR. USD.

Scholar Rock Holding Corp Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • No off-balance sheet arrangements during periods presented
  • Recent accounting standards reviewed; no material impact identified
  • Smaller reporting company status effective Dec 31, 2024; will lose status after June 30, 2025
  • Will cease smaller reporting company requirements starting Q1 2026; face additional disclosure rules
  • Remain non-accelerated filer through Dec 31, 2026, due to eligibility until Dec 31, 2025

Risk Factors

  • New risk: FDA CRL in Sept 2025 on third-party fill-finish facility delays apitegromab BLA resubmission and commercialization progress
  • Material update: Impact of 2025 U.S. govt staffing cuts reduces FDA review capacity, risking further regulatory delays for apitegromab
  • Regulatory risk: FDA classified fill-finish facility as “official action indicated” (OAI) with Form 483 issued in July 2025, complicating approval process
  • Operational risk: Lack of prior commercialization experience and ongoing build-out of compliance, medical affairs, commercial organization may impair apitegromab launch
  • Financial risk: Continued net losses and need for additional capital raise to fund ongoing development and commercialization efforts

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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