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+61.0%
5Y+7088.0%
10Y-
3Y-32.0%
5Y+8.0%
10Y+182.0%
3Y-144.0%
5Y+175.0%
10Y+280.0%
Foghorn Therapeutics Inc.

Foghorn Therapeutics Inc. Profit Bridge

FHTX ยท NASDAQ
Revenue30.91M
Cost of Goods Sold (3.33M)
Gross Profit27.58M
Operating Expenses (109.68M)
Operating Income-82.11M
Interest Expense (0.00)
Other Income/Expense7.82M
Pretax Income-74.28M
Income Tax (0.00)
Net Income-74.28M
Net Income
-74.28M

Profitability Analysis

Gross Margin

89.2%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-265.6%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-240.3%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Foghorn Therapeutics Inc. Income Statement

FHTX โ€ข NASDAQ

Foghorn Therapeutics Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
REVENUE
30.9M
22.6M
34.2M
19.2M
1.3M
430K
0.0
0.0
GROSS PROFIT
(3.3M)
(0.0)
(0.0)
(0.0)
(0.0)
(57.7M)
(1.8M)
(379K)
27.6M
22.6M
34.2M
19.2M
1.3M
-57.3M
-1.8M
-379K
OPERATING INCOME
(109.7M)
(125.3M)
(142.1M)
(136.4M)
(102.1M)
(11.2M)
(51.1M)
(26M)
(27.6M)
(28.4M)
(32.4M)
(30.7M)
(21.7M)
(11.2M)
(6.7M)
(4.8M)
(85.5M)
(94.5M)
(109.7M)
(105.6M)
(80.3M)
(57.7M)
(44.4M)
(21.2M)
-82.1M
-102.7M
-107.9M
-117.1M
-100.7M
-68.5M
-51.1M
-26M
PRE-TAX INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(1.9M)
(979K)
(540K)
(371K)
8.7M
11.9M
10.9M
5.7M
-1.8M
22K
-45K
-258K
-3.3M
(2.4M)
(0.0)
(0.0)
(0.0)
-57.7M
(0.0)
(0.0)
7.8M
16.1M
13.7M
8.3M
-586K
-269K
-44K
-288K
-74.3M
-86.6M
-94.2M
-108.9M
-101.3M
-68.8M
-51.1M
-26.3M
NET INCOME
(0.0)
(0.0)
(4.2M)
(0.0)
(0.0)
(0.0)
(0.0)
(83K)
-74.3M
-86.6M
-98.4M
-108.9M
-101.3M
-68.8M
-51.7M
-26.3M

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