Foghorn Therapeutics Inc.

Foghorn Therapeutics Inc.

FHTXยทNASDAQ

$3.64

+0.55%
HealthcareBiotechnology

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.

At a Glance

Live Snapshot
Market Cap$213.72M
EPS-1.1800
P/E Ratio-3.08
Earnings Date08/04/2026
3Y-144.0%
5Y+175.0%
10Y+280.0%
3Y-146.0%
5Y-203.0%
10Y-7371.0%
3Y-42.0%
5Y-100.0%
10Y-98.0%
FHTX

Foghorn Therapeutics Inc. Cash Conversion Engine

FHTX ยท NASDAQ
Net Income-74.28M
Depreciation & Amortization3.33M
Stock-Based Compensation10.40M
Change in Working Capital-32.14M
Others6.59M
Capital Expenditures-50.00K
Free Cash Flow-86.15M

Cash Flow Quality Analysis

FCF Conversion Rate

116.0%

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

CapEx Intensity

-0.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+15.0%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$32.14M

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.

Foghorn Therapeutics Inc. Cash Flow Statement

FHTX โ€ข NASDAQ

Foghorn Therapeutics Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
OPERATING ACTIVITIES
-74.3M
-86.6M
-98.4M
-108.9M
-101.3M
-68.8M
-51.1M
-26.3M
3.3M
3.1M
3.5M
7.9M
3.2M
1.3M
693K
379K
0.0
0.0
0.0
0.0
1.4M
84K
10K
30K
10.4M
11.9M
16.2M
0.0
8.4M
3M
1.7M
732K
6.6M
3.5M
2.6M
13M
4.6M
4.4M
1.2M
124K
(0.0)
(860K)
(3.6M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-32.1M
-32.3M
-41.9M
281.5M
33.4M
28.7M
1.2M
2.4M
-86.1M
-100.4M
-118.1M
193.6M
-50.3M
-31.3M
-46.3M
-22.6M
INVESTING ACTIVITIES
-50K
-906K
-1.2M
-1.2M
-3.3M
-16.2M
-968K
-1.5M
(0.0)
(0.0)
(0.0)
(0.0)
-39.5M
(250K)
(4K)
(0.0)
-131.2M
-261.5M
-73.9M
-409.3M
-100M
-93M
(0.0)
(0.0)
243.3M
232.5M
219.6M
166.2M
139.5M
-250K
0.0
0.0
0.0
0.0
0.0
0.0
39.5M
250K
4K
0.0
(112M)
-29.9M
(144.5M)
-244.3M
(36.2M)
-108.9M
-964K
-1.5M
FINANCING ACTIVITIES
1M
103.4M
0.0
1.8M
42.2M
122.1M
0.0
0.0
0.0
0.0
0.0
0.0
-21.2M
4.3M
8M
11.1M
0.0
2M
1.8M
0.0
1.4M
1.2M
691K
190K
1M
105.4M
1.8M
1.8M
22.4M
217.5M
24M
51.8M
CASH FLOW SUMMARY
0.0
0.0
0.0
25K
0.0
0.0
0.0
0.0
27M
-24.9M
28.1M
-48.9M
8.3M
77.3M
-23.3M
27.6M
57.2M
82M
53.9M
101.1M
94.5M
17.3M
40.6M
13M
84.1M
57.2M
82M
52.2M
102.9M
94.5M
17.3M
40.6M
-86.1M
-101.3M
-119.3M
192.4M
-53.6M
-47.5M
-47.3M
-24.2M

SEC Filings

FHTX - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 123 filings