$3.64
+0.55%Foghorn Therapeutics Inc., a clinical-stage biopharmaceutical company, discovers and develops medicines targeting genetically determined dependencies within the chromatin regulatory system. The company uses its proprietary Gene Traffic Control platform to identify, validate, and potentially drug targets within the system. It is developing FHD-286, a small molecule inhibitor of the enzymatic activity of BRG1 and BRM for the treatment of metastatic uveal melanoma and relapsed and/or refractory acute myeloid leukemia and myelodysplastic syndrome; and FHD-609, a small molecule protein degrader for BRD9 to treat patients with synovial sarcoma. The company is also developing an enzymatic inhibitor and a protein degrader as selective modulators of BRM; and ARID1B selective modulators for the treatment of ovarian, endometrial, colorectal, bladder, and gastric cancers. It has a research collaboration and license agreement with Merck Sharp & Dohme Corp. to discover and develop novel oncology therapeutics against a transcription factor target; and with Loxo Oncology to create novel oncology medicines. Foghorn Therapeutics Inc. was incorporated in 2015 and is headquartered in Cambridge, Massachusetts.
Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.
Strong working capital position provides significant operational flexibility and financial cushion.
Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.
FHTX โข NASDAQ
| Foghorn Therapeutics Inc. Balance Sheet | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
ASSETS | ||||||||
CURRENT ASSETS | ||||||||
80.9M | 55.5M | 80.3M | 52.2M | 101.1M | 92.8M | 15M | 40M | |
78M | 188.3M | 153.7M | 293.6M | 53.2M | 93M | 0.0 | 0.0 | |
158.9M | 243.7M | 234.1M | 345.8M | 154.3M | 185.8M | 15M | 40M | |
0.0 | 0.0 | 0.0 | 0.0 | 300M | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 300M | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 5.3M | 4.9M | 1.4M | 383K | |
4.3M | 5.9M | 6.1M | 5.6M | 0.0 | 0.0 | 541K | 0.0 | |
163.2M | 249.6M | 240.2M | 351.4M | 459.6M | 190.7M | 16.9M | 40.4M | |
NON-CURRENT ASSETS | ||||||||
32.9M | 32.6M | 42.9M | 49.4M | 56.1M | 62.3M | 3.7M | 2.1M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.7M | 566K | |
2M | 1.8M | 2.8M | 4.1M | 4.1M | 2.6M | 11K | 0.0 | |
34.9M | 34.4M | 45.7M | 53.5M | 60.2M | 64.9M | 5.5M | 2.7M | |
198.1M | 284M | 285.9M | 404.9M | 519.8M | 255.6M | 22.3M | 43.1M | |
LIABILITIES | ||||||||
CURRENT LIABILITIES | ||||||||
4.3M | 3.8M | 6.9M | 5.4M | 3.8M | 3.7M | 3.4M | 2M | |
4.3M | 3.8M | 6.3M | 5.4M | 3.8M | 3.7M | 3.4M | 2M | |
0.0 | 0.0 | 674K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
0.0 | 3.8M | 4.1M | 5.9M | 3.6M | 5.5M | 1.9M | 1.4M | |
923K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 4.2M | 0.0 | |
0.0 | 9.1M | 8.5M | 6M | 7M | 4M | 1.4M | 0.0 | |
0.0 | 0.0 | 674K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
43.2M | 45.6M | 34.6M | 32.8M | 28.3M | 2M | 3.3M | 0.0 | |
11.4M | 4.7M | 4.4M | 5.1M | 6M | 3.7M | 1.8M | 0.0 | |
59.7M | 67M | 58.4M | 55.2M | 48.7M | 18.8M | 12.7M | 3.5M | |
NON-CURRENT LIABILITIES | ||||||||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 19.7M | 97.5M | 7M | |
206M | 234.5M | 268.1M | 304M | 322.7M | 12.5M | 0.0 | 547K | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -547K | |
556K | 0.0 | 0.0 | 29K | 143K | 0.0 | 45K | 71.8M | |
246.9M | 262.5M | 304.7M | 349.6M | 374.2M | 90.6M | 97.7M | 78.9M | |
40.3M | 37.1M | 45.1M | 51.5M | 58.3M | 62.3M | 1.5M | 0.0 | |
306.6M | 329.5M | 363.1M | 404.8M | 422.9M | 109.4M | 110.4M | 82.3M | |
SHAREHOLDERS' EQUITY | ||||||||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 86.6M | 71.3M | |
6K | 6K | 4K | 4K | 4K | 4K | 1K | 1K | |
523.9M | 512.5M | 395.2M | 377.2M | 361.1M | 309.1M | 6.1M | 3.7M | |
-632.5M | -558.2M | -471.6M | -373.1M | -264.3M | -162.9M | -94.1M | -43M | |
24K | 135K | -826K | -4M | -10K | -7K | -86.6M | -616K | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 86.6M | 616K | |
-108.5M | -45.5M | -77.2M | 112K | 96.9M | 146.2M | -88M | -39.3M | |
-108.5M | -45.5M | -77.2M | 112K | 96.9M | 146.2M | -88M | -39.3M | |
SUMMARY | ||||||||
198.1M | 284M | 285.9M | 404.9M | 519.8M | 255.6M | 22.3M | 43.1M | |
78M | 188.3M | 153.7M | 293.6M | 53.2M | 93M | 1.7M | 566K | |
41.3M | 37.1M | 45.1M | 51.5M | 58.3M | 82M | 16.6M | 7M | |
-39.6M | -18.3M | -35.3M | -707K | -42.8M | -10.8M | 1.6M | -33M | |
56,529,969 | 56,529,969 | 56,529,969 | 56,529,969 | 56,529,969 | 56,529,969 | 56,529,969 | 56,529,969 |
FHTX - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 30, 2026 | June 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 21, 2026 | April 21, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 11, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 11, 2026 | March 11, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 23, 2026 | February 23, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 12, 2026 | January 09, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 04, 2025 | December 03, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 07, 2025 | November 07, 2025 | 2025 |
Continue your FHTX research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.