Fortress Biotech, Inc.

Fortress Biotech, Inc.

FBIOยทNASDAQ

$2.77

+6.3%
HealthcareBiotechnology

Fortress Biotech, Inc., a biopharmaceutical company, develops and commercializes pharmaceutical and biotechnology products. The company markets dermatology products, such as Ximino capsules to treat only inflammatory lesions of non-nodular moderate to severe acne vulgaris; Targadox for severe acne; Exelderm cream for ringworm and jock itch symptoms; Ceracade for dry skin conditions; Luxamend for dressing and managing wounds; and Accutane capsules for severe recalcitrant nodular acne. It also develops late stage product candidates, such as intravenous Tramadol for the treatment of post-operative acute pain; CUTX-101, an injection for the treatment of Menkes disease; MB-107 and MB-207 for the treatment of X-linked severe combined immunodeficiency; Cosibelimab for metastatic cancers; CK-101 for the treatment of patients with EGFR mutation-positive NSCLC; CAEL-101 for the treatment of amyloid light chain amyloidosis; Triplex vaccine for cytomegalovirus; and CEVA101 for the treatment of severe traumatic brain injury in adults and children. The company's early stage product candidates include MB-102 for blastic plasmacytoid dendritic cell neoplasm; MB-101 for glioblastoma; MB-104 for multiple myeloma and light chain amyloidosis; MB-106 for B-cell non-hodgkin lymphoma; MB-103 for GBM & metastatic breast cancer to brain; MB-108; MB-105 for prostate and pancreatic cancers; and BAER-101. Its preclinical product candidates comprise AAV-ATP7A gene therapy; AVTS-001 gene therapy; CK-103 BET inhibitor; CEVA-D and CEVA-102; CK-302, an anti-GITR; CK-303, an anti-CAIX; ConVax; and ONCOlogues, and oligonucleotide platform. It has collaboration arrangements with universities, research institutes, and pharmaceutical companies. The company was formerly known as Coronado Biosciences, Inc. and changed its name to Fortress Biotech, Inc. in April 2015. Fortress Biotech, Inc. was incorporated in 2006 and is based in Bay Harbor Island, New York.

At a Glance

Live Snapshot
Market Cap$92.18M
EPS-0.0674
P/E Ratio-41.17
Earnings Date08/13/2026
3Y-63.0%
5Y-21.0%
10Y+44.0%
3Y-144.0%
5Y-241.0%
10Y-267.0%
3Y+3.0%
5Y-55.0%
10Y+80.0%
FBIO

Fortress Biotech, Inc. Cash Conversion Engine

FBIO ยท NASDAQ
Net Income-32.91M
Depreciation & Amortization4.66M
Stock-Based Compensation28.74M
Change in Working Capital-25.10M
Others-41.17M
Capital Expenditures0.00
Free Cash Flow-65.78M

Cash Flow Quality Analysis

FCF Conversion Rate

199.8%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

FCF Growth Trend

+30.9%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$25.10M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Fortress Biotech, Inc. Cash Flow Statement

FBIO โ€ข NASDAQ

Fortress Biotech, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008
OPERATING ACTIVITIES
-32.9M
-120.9M
-154.2M
-213.9M
-164.8M
-103M
-101.7M
-130.8M
-99.8M
-71.3M
-53.9M
-20.4M
-37.2M
-27.6M
-36.4M
-10M
-3.7M
-3.8M
4.7M
4.5M
6M
9.4M
6.8M
5.3M
4.7M
2.1M
3.4M
1.1M
26K
23K
17K
3K
22K
5K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-18.3M
287K
-8.6M
-73K
2.1M
-220K
0.0
0.0
36.3M
234K
0.0
0.0
28.7M
32.6M
17M
23M
19.5M
13.5M
13.2M
15M
14M
12.1M
14.3M
5.5M
5.9M
3.6M
1.5M
2.3M
0.0
0.0
-41.2M
11.7M
15.4M
2.9M
-14.4M
5.3M
12M
8.9M
7.8M
10.3M
11.9M
236K
536K
1.2M
-14.2M
1.4M
1.1M
623K
(49K)
(120K)
(0.0)
(858K)
(993K)
(0.0)
(0.0)
(0.0)
(4.2M)
(104K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-25.1M
-8.1M
-12.5M
-715K
36.4M
-4.8M
-4.8M
5.7M
-2.2M
2M
5.2M
-1.5M
1.1M
-398K
1.8M
318K
184K
-348K
-65.8M
-80.2M
-128.2M
-179.4M
-116.5M
-83.7M
-95M
-98.8M
-85.4M
-45.8M
-20.4M
-16.3M
-29.6M
-23.2M
-11M
-5.7M
-2.4M
-3.5M
INVESTING ACTIVITIES
(0.0)
-15M
-63K
-2.7M
-4.6M
-1.9M
-9.4M
-9.4M
-5.4M
-6.4M
-12M
(0.0)
-188K
-279K
-3.8M
-13K
-2K
(0.0)
(9M)
(0.0)
(0.0)
-20M
(56.9M)
(0.0)
-1.2M
(2.3M)
-19K
(4.5M)
-11.7M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-5M
-52.6M
-56.1M
(0.0)
-79.9M
-23.3M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
0.0
0.0
0.0
0.0
0.0
0.0
22.6M
71M
20.1M
0.0
99.9M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.2M
0.0
-2M
-213K
-11.8M
-5.2M
13.1M
7.5M
-163K
-4.1M
11.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
(10.1M)
-15M
-2.1M
-22.9M
(40.5M)
-7.2M
(20.1M)
(18.8M)
-41.6M
-6.1M
(7.9M)
-23.3M
-188K
-279K
-3.8M
-13K
-2K
(0.0)
FINANCING ACTIVITIES
84.4M
82.8M
80.4M
39.1M
155.3M
170.5M
137.4M
38.3M
95.1M
40.1M
57.8M
3.5M
91.3M
28.9M
193K
0.0
0.0
0.0
-5.6M
-7.3M
-38.8M
49.2M
-9.6M
-29.7M
15M
17.3M
37.2M
6.1M
10M
355K
-1.3M
14.3M
0.0
-348K
-304K
-341K
-664K
-4.7M
-8.8M
-8.8M
-8.8M
-6.8M
-2.6M
-2.3M
-299K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-265K
(0.0)
(0.0)
-1.1M
(0.0)
-70K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-2.3M
(0.0)
(0.0)
-360K
-163K
-529K
-6.7M
-4.8M
-8.8M
-1.6M
-2.7M
-6.6M
-594K
-855K
-14M
0.0
-2.6M
22.9M
0.0
4.2M
3.8M
77.4M
70.6M
32.7M
75.3M
149M
172.4M
146.7M
50.6M
150.4M
42.9M
60.9M
-10.2M
89.2M
40.5M
23.1M
19M
3.9M
3.4M
CASH FLOW SUMMARY
21.8M
-24.6M
-97.6M
-127M
73M
81.6M
71.9M
-29.4M
27.1M
-9.9M
48.4M
-49.8M
59.3M
17M
8.3M
13.4M
0.0
0.0
58.8M
83.4M
181M
308M
235M
153.4M
81.6M
111M
104.2M
98.2M
49.8M
99.5M
40.2M
23.2M
14.9M
1.5M
0.0
0.0
80.6M
58.8M
83.4M
181M
308M
235M
153.4M
81.6M
131.3M
88.3M
98.2M
49.8M
99.5M
40.2M
23.2M
14.9M
1.5M
0.0
-65.8M
-95.2M
-136.3M
-182.5M
-132.9M
-90.8M
-104.4M
-108.2M
-90.9M
-56.3M
-32.4M
-16.3M
-29.8M
-23.5M
-14.8M
-5.7M
-2.4M
-3.5M

SEC Filings

FBIO - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 14, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 14, 2026
May 14, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 28, 2026
June 17, 2026
2026
10-K

10-K 2025 FY

FY

March 31, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 31, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

March 30, 2026
March 30, 2026
2026
8-K

8-K 2026

N/A

February 23, 2026
February 22, 2026
2026
8-K

8-K 2026

N/A

January 13, 2026
January 13, 2026
2026
S-1

S-1

N/A

December 16, 2025
December 16, 2025
ย 
8-K

8-K 2025

N/A

December 15, 2025
December 12, 2025
2025
Showing 1 to 10 of 328 filings