8-K Announcements
6Mar 11, 2026·SEC
Feb 23, 2026·SEC
Jan 12, 2026·SEC
Foghorn Therapeutics Inc. (FHTX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Foghorn Therapeutics Inc. (FHTX) stock price & volume — 10-year historical chart
Foghorn Therapeutics Inc. (FHTX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Foghorn Therapeutics Inc. (FHTX) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 11, 2026 | $0.34vs $0.28-21.4% | $9Mvs $10M-8.9% |
| Q4 2025 | Nov 5, 2025 | $0.25vs $0.31+19.4% | $8Mvs $9M-14.2% |
| Q3 2025 | Aug 5, 2025 | $0.28vs $0.31+9.7% | $8Mvs $8M-7.5% |
| Q2 2025 | May 14, 2025 | $0.30vs $0.30+0.0% | $6Mvs $6M-4.6% |
Foghorn Therapeutics Inc. (FHTX) competitors in Oncology Therapeutics Developers — business model, growth, and fundamentals comparison
Foghorn Therapeutics Inc. (FHTX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Foghorn Therapeutics Inc. (FHTX) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 430K | 1.32M | 19.23M | 34.16M | 22.6M | 30.91M |
| Revenue Growth % | - | - | - | 206.74% | 1357.77% | 77.63% | -33.83% | 36.75% |
| Cost of Goods Sold | 379K | 1.79M | 57.72M | 0 | 0 | 0 | 0 | 3.33M |
| COGS % of Revenue | - | - | 13422.09% | - | - | - | - | 10.78% |
| Gross Profit | -379K▲ 0% | -1.79M▼ 373.1% | -57.28M▼ 3094.9% | 1.32M▲ 102.3% | 19.23M▲ 1357.8% | 34.16M▲ 77.6% | 22.6M▼ 33.8% | 27.58M▲ 22.0% |
| Gross Margin % | - | - | -13322.09% | 100% | 100% | 100% | 100% | 89.22% |
| Gross Profit Growth % | - | -373.09% | -3094.92% | 102.3% | 1357.77% | 77.63% | -33.83% | 22.01% |
| Operating Expenses | 26.05M | 49.29M | 11.25M | 102.05M | 136.37M | 142.06M | 125.28M | 109.68M |
| OpEx % of Revenue | - | - | 2615.35% | 7737.15% | 709.2% | 415.93% | 554.31% | 354.86% |
| Selling, General & Admin | 4.82M | 4.93M | 11.25M | 21.73M | 30.75M | 32.37M | 28.36M | 27.55M |
| SG&A % of Revenue | - | - | 2615.35% | 1647.31% | 159.91% | 94.78% | 125.47% | 89.13% |
| Research & Development | 21.23M | 44.36M | 57.72M | 80.33M | 105.62M | 109.69M | 94.53M | 85.47M |
| R&D % of Revenue | - | - | 13422.09% | 6089.84% | 549.29% | 321.15% | 418.23% | 276.51% |
| Other Operating Expenses | 0 | 0 | -57.72M | 0 | 0 | 0 | 2.4M | -3.33M |
| Operating Income | -26.05M▲ 0% | -51.08M▼ 96.1% | -68.53M▼ 34.2% | -100.73M▼ 47.0% | -117.14M▼ 16.3% | -107.91M▲ 7.9% | -102.68M▲ 4.8% | -82.11M▲ 20.0% |
| Operating Margin % | - | - | -15937.44% | -7637.15% | -609.2% | -315.93% | -454.31% | -265.64% |
| Operating Income Growth % | - | -96.11% | -34.15% | -46.99% | -16.28% | 7.88% | 4.84% | 20.04% |
| EBITDA | -25.67M | -49.29M | -67.2M | -97.51M | -113.82M | -104.45M | -99.56M | -78.78M |
| EBITDA Margin % | - | - | -15628.84% | -7392.49% | -591.93% | -305.83% | -440.51% | -254.86% |
| EBITDA Growth % | - | -92.02% | -36.34% | -45.09% | -16.73% | 8.22% | 4.68% | 20.88% |
| D&A (Non-Cash Add-back) | 379K | 1.79M | 1.33M | 3.23M | 3.32M | 3.45M | 3.12M | 3.33M |
| EBIT | -25.97M | -50.59M | -68.53M | -99.41M | -117.14M | -107.91M | -100.28M | -82.11M |
| Net Interest Income | -258K | -45K | 22K | -1.85M | 5.67M | 10.88M | 11.9M | 8.74M |
| Interest Income | 113K | 495K | 1M | 59K | 5.67M | 10.88M | 11.9M | 8.74M |
| Interest Expense | 371K | 540K | 979K | 1.91M | 0 | 0 | 0 | 0 |
| Other Income/Expense | -288K | -44K | -269K | -586K | 8.26M | 13.71M | 16.06M | 7.82M |
| Pretax Income | -26.34M▲ 0% | -51.13M▼ 94.1% | -68.8M▼ 34.6% | -101.32M▼ 47.3% | -108.88M▼ 7.5% | -94.2M▲ 13.5% | -86.62M▲ 8.0% | -74.28M▲ 14.2% |
| Pretax Margin % | - | - | -16000% | -7681.58% | -566.27% | -275.8% | -383.24% | -240.33% |
| Income Tax | 83K | 0 | 0 | 0 | 0 | 4.23M | 0 | 0 |
| Effective Tax Rate % | -0.32% | 0% | 0% | 0% | 0% | -4.49% | 0% | 0% |
| Net Income | -26.34M▲ 0% | -51.13M▼ 94.1% | -68.8M▼ 34.6% | -101.32M▼ 47.3% | -108.88M▼ 7.5% | -98.43M▲ 9.6% | -86.62M▲ 12.0% | -74.28M▲ 14.2% |
| Net Margin % | - | - | -16000% | -7681.58% | -566.27% | -288.17% | -383.24% | -240.33% |
| Net Income Growth % | - | -94.13% | -34.56% | -47.27% | -7.46% | 9.6% | 11.99% | 14.24% |
| Net Income (Continuing) | -26.34M | -51.13M | -68.8M | -101.32M | -108.88M | -98.43M | -86.62M | -74.28M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.34▲ 0% | -1.40▼ 4.5% | -1.90▼ 35.7% | -2.78▼ 46.3% | -2.62▲ 5.8% | -2.34▲ 10.7% | -1.58▲ 32.5% | -1.18▲ 25.3% |
| EPS Growth % | - | -4.48% | -35.71% | -46.32% | 5.76% | 10.69% | 32.48% | 25.32% |
| EPS (Basic) | -1.34 | -1.40 | -1.90 | -2.78 | -2.62 | -2.34 | -1.58 | -1.18 |
| Diluted Shares Outstanding | 19.63M | 36.82M | 36.79M | 37.17M | 41.59M | 41.97M | 54.9M | 62.98M |
| Basic Shares Outstanding | 19.63M | 36.82M | 36.79M | 37.17M | 41.59M | 41.97M | 54.9M | 62.98M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Foghorn Therapeutics Inc. (FHTX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 40.4M | 16.89M | 190.69M | 459.56M | 351.4M | 240.18M | 249.6M | 163.24M |
| Cash & Short-Term Investments | 40.02M | 14.98M | 185.77M | 154.29M | 345.8M | 234.06M | 243.75M | 158.89M |
| Cash Only | 40.02M | 14.98M | 92.8M | 101.14M | 52.21M | 80.34M | 55.45M | 80.88M |
| Short-Term Investments | 0 | 0 | 92.97M | 53.15M | 293.58M | 153.72M | 188.29M | 78.02M |
| Accounts Receivable | 0 | 0 | 0 | 300M | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | 83.02K | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 541K | 0 | 0 | 5.6M | 6.12M | 5.85M | 4.34M |
| Total Non-Current Assets | 2.66M | 5.46M | 64.91M | 60.21M | 53.48M | 45.73M | 34.38M | 34.87M |
| Property, Plant & Equipment | 2.09M | 3.71M | 62.33M | 56.08M | 49.4M | 42.91M | 32.6M | 32.86M |
| Fixed Asset Turnover | - | - | 0.01x | 0.02x | 0.39x | 0.80x | 0.69x | 0.94x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 566K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 1.74M | 2.58M | 4.13M | 4.09M | 2.82M | 1.78M | 2M |
| Total Assets | 43.06M▲ 0% | 22.34M▼ 48.1% | 255.59M▲ 1044.0% | 519.77M▲ 103.4% | 404.88M▼ 22.1% | 285.92M▼ 29.4% | 283.98M▼ 0.7% | 198.1M▼ 30.2% |
| Asset Turnover | - | - | 0.00x | 0.00x | 0.05x | 0.12x | 0.08x | 0.16x |
| Asset Growth % | - | -48.11% | 1044.01% | 103.36% | -22.1% | -29.38% | -0.68% | -30.24% |
| Total Current Liabilities | 3.46M | 12.65M | 18.85M | 48.69M | 55.2M | 58.44M | 66.99M | 59.74M |
| Accounts Payable | 2.01M | 3.44M | 3.68M | 3.82M | 5.41M | 6.26M | 3.79M | 4.27M |
| Days Payables Outstanding | 1.94K | 700.08 | 23.27 | - | - | - | - | 467.31 |
| Short-Term Debt | 0 | 4.15M | 0 | 0 | 0 | 0 | 0 | 923K |
| Deferred Revenue (Current) | 0 | 0 | 2.02M | 28.32M | 32.82M | 34.55M | 45.61M | 43.19M |
| Other Current Liabilities | 0 | 1.92M | 3.65M | 5.99M | 5.06M | 4.38M | 4.74M | 11.36M |
| Current Ratio | 11.68x | 1.33x | 10.12x | 9.44x | 6.37x | 4.11x | 3.73x | 2.73x |
| Quick Ratio | 11.68x | 1.33x | 10.12x | 9.44x | 6.37x | 4.11x | 3.73x | 2.73x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 78.87M | 97.71M | 90.56M | 374.21M | 349.57M | 304.67M | 262.52M | 246.87M |
| Long-Term Debt | 7.03M | 10.96M | 19.65M | 0 | 0 | 0 | 0 | 40.35M |
| Capital Lease Obligations | 0 | 157K | 58.36M | 51.34M | 45.54M | 36.55M | 28.06M | 40.35M |
| Deferred Tax Liabilities | -547K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 71.84M | 86.59M | 0 | 143K | 29K | 0 | 0 | 556K |
| Total Liabilities | 82.33M | 110.36M | 109.41M | 422.9M | 404.77M | 363.11M | 329.51M | 306.6M |
| Total Debt | 7.03M | 16.63M | 82M | 58.33M | 51.51M | 45.07M | 37.13M | 41.27M |
| Net Debt | -32.99M | 1.65M | -10.8M | -42.8M | -707K | -35.26M | -18.32M | -39.61M |
| Debt / Equity | - | - | 0.56x | 0.60x | 459.88x | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - |
| Interest Coverage | -70.21x | -94.60x | -70.00x | -52.85x | - | - | - | - |
| Total Equity | -39.27M▲ 0% | -88.02M▼ 124.1% | 146.19M▲ 266.1% | 96.87M▼ 33.7% | 112K▼ 99.9% | -77.19M▼ 69019.6% | -45.53M▲ 41.0% | -108.5M▼ 138.3% |
| Equity Growth % | - | -124.11% | 266.09% | -33.73% | -99.88% | -69019.64% | 41.02% | -138.31% |
| Book Value per Share | -2.00 | -2.39 | 3.97 | 2.61 | 0.00 | -1.84 | -0.83 | -1.72 |
| Total Shareholders' Equity | -39.27M | -88.02M | 146.19M | 96.87M | 112K | -77.19M | -45.53M | -108.5M |
| Common Stock | 1K | 0 | 4K | 4K | 4K | 4K | 6K | 6K |
| Retained Earnings | -43.01M | -94.14M | -162.94M | -264.26M | -373.14M | -471.56M | -558.18M | -632.47M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -616K | 0 | -7K | -10K | -3.99M | -826K | 135K | 24K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Foghorn Therapeutics Inc. (FHTX) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -22.65M | -46.34M | -31.29M | -50.25M | 193.61M | -118.11M | -100.41M | -86.1M |
| Operating CF Margin % | - | - | -7275.81% | -3809.7% | 1006.93% | -345.79% | -444.24% | -278.56% |
| Operating CF Growth % | - | -104.59% | 32.48% | -60.61% | 485.3% | -161% | 14.99% | 14.25% |
| Net Income | -26.34M | -51.13M | -68.8M | -101.32M | -108.88M | -98.43M | -86.62M | -74.28M |
| Depreciation & Amortization | 379K | 693K | 1.33M | 3.23M | 7.9M | 3.45M | 3.12M | 3.33M |
| Stock-Based Compensation | 732K | 1.69M | 2.96M | 8.38M | 0 | 16.19M | 11.89M | 10.4M |
| Deferred Taxes | 30K | 0 | 84K | 1.41M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 124K | 1.21M | 4.44M | 4.61M | 13.05M | 2.56M | 3.47M | 6.59M |
| Working Capital Changes | 2.42M | 1.2M | 28.7M | 33.44M | 281.55M | -41.88M | -32.27M | -32.14M |
| Change in Receivables | 0 | 0 | 0 | -300M | 300M | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | -3.17M | 0 | 0 | 0 | 0 |
| Change in Payables | 1.28M | 1.21M | 474K | 135K | 1.61M | 846K | -2.48M | 481K |
| Cash from Investing | -1.54M | -964K | -108.91M | 36.17M | -244.32M | 144.45M | -29.9M | 112.04M |
| Capital Expenditures | -1.54M | -968K | -16.18M | -3.31M | -1.21M | -1.22M | -906K | -50K |
| CapEx % of Revenue | - | - | 3763.49% | 251.18% | 6.29% | 3.58% | 4.01% | 0.16% |
| Acquisitions | 0 | 0 | 250K | -39.49M | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 4K | 250K | 39.49M | 0 | 0 | 0 | 0 |
| Cash from Financing | 51.77M | 23.97M | 217.47M | 22.42M | 1.76M | 1.78M | 105.43M | 1.02M |
| Debt Issued (Net) | 11.14M | 7.98M | 4.27M | -21.2M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 190K | 691K | 1.22M | 1.42M | 0 | 1.78M | 2.03M | 0 |
| Net Change in Cash | 27.58M▲ 0% | -23.33M▼ 184.6% | 77.27M▲ 431.2% | 8.34M▼ 89.2% | -48.92M▼ 686.5% | 28.12M▲ 157.5% | -24.88M▼ 188.5% | 26.96M▲ 208.4% |
| Free Cash Flow | -24.19M▲ 0% | -47.3M▼ 95.6% | -47.47M▼ 0.4% | -53.56M▼ 12.8% | 192.4M▲ 459.2% | -119.33M▼ 162.0% | -101.31M▲ 15.1% | -86.15M▲ 15.0% |
| FCF Margin % | - | - | -11039.3% | -4060.88% | 1000.63% | -349.38% | -448.24% | -278.72% |
| FCF Growth % | - | -95.56% | -0.35% | -12.84% | 459.21% | -162.02% | 15.1% | 14.97% |
| FCF per Share | -1.23 | -1.28 | -1.29 | -1.44 | 4.63 | -2.84 | -1.85 | -1.37 |
| FCF Conversion (FCF/Net Income) | 0.86x | 0.91x | 0.45x | 0.50x | -1.78x | 1.20x | 1.16x | 1.16x |
| Interest Paid | 0 | 420K | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 3.55M | 860K | 0 |
Foghorn Therapeutics Inc. (FHTX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -236.54% | -83.37% | -224.54% | - | - | - |
| Return on Invested Capital (ROIC) | - | - | -209.7% | -79.76% | -328.59% | - | - | - |
| Gross Margin | - | - | -13322.09% | 100% | 100% | 100% | 100% | 89.22% |
| Net Margin | - | - | -16000% | -7681.58% | -566.27% | -288.17% | -383.24% | -240.33% |
| Debt / Equity | - | - | 0.56x | 0.60x | 459.88x | - | - | - |
| Interest Coverage | -70.21x | -94.60x | -70.00x | -52.85x | - | - | - | - |
| FCF Conversion | 0.86x | 0.91x | 0.45x | 0.50x | -1.78x | 1.20x | 1.16x | 1.16x |
| Revenue Growth | - | - | - | 206.74% | 1357.77% | 77.63% | -33.83% | 36.75% |
Foghorn Therapeutics Inc. (FHTX) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 11, 2026·SEC
Feb 23, 2026·SEC
Jan 12, 2026·SEC
Foghorn Therapeutics Inc. (FHTX) stock FAQ — growth, dividends, profitability & financials explained
Foghorn Therapeutics Inc. (FHTX) reported $30.9M in revenue for fiscal year 2025.
Foghorn Therapeutics Inc. (FHTX) grew revenue by 36.8% over the past year. This is strong growth.
Foghorn Therapeutics Inc. (FHTX) reported a net loss of $74.3M for fiscal year 2025.
Foghorn Therapeutics Inc. (FHTX) had negative free cash flow of $86.1M in fiscal year 2025, likely due to heavy capital investments.
Foghorn Therapeutics Inc. (FHTX) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates