Fulcrum Therapeutics, Inc.

Fulcrum Therapeutics, Inc.

FULCยทNASDAQ

$3.22

+2.5%
HealthcareBiotechnology

Fulcrum Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing products for improving the lives of patients with genetically defined diseases in the areas of high unmet medical need in the United States. Its product candidates are losmapimod, a small molecule for the treatment of facioscapulohumeral muscular dystrophy; and FTX-6058, an investigational oral fetal hemoglobin inducer for the treatment of sickle cell disease and other hemoglobinopathies, including beta-thalassemia. The company is also discovering drug targets for the treatments of rare neuromuscular, muscular, central nervous system, and hematologic disorders, as well as cardiomyopathies and pulmonary diseases. Fulcrum Therapeutics, Inc. has research and discovery collaboration agreement with Acceleron Pharma Inc. to identify biological targets to modulate specific pathways associated with a targeted indication within the pulmonary disease space; and has a strategic collaboration and license agreement with MyoKardia, Inc. to discover, develop, and commercialize novel targeted therapies for the treatment of genetic cardiomyopathies. Fulcrum Therapeutics, Inc. was Incorporated in 2015 and is headquartered in Cambridge, Massachusetts.

At a Glance

Live Snapshot
Market Cap$174.24M
EPS-1.1800
P/E Ratio-2.73
Earnings Date08/04/2026
3Y-38.0%
5Y+12.0%
10Y+199.0%
3Y+147.0%
5Y-154.0%
10Y-1710.0%
3Y+100.0%
5Y+137.0%
10Y+855.0%
FULC

Fulcrum Therapeutics, Inc. Cash Conversion Engine

FULC ยท NASDAQ
Net Income-74.88M
Depreciation & Amortization1.39M
Stock-Based Compensation12.47M
Change in Working Capital3.91M
Others-2.95M
Capital Expenditures-314.00K
Free Cash Flow-60.38M

Cash Flow Quality Analysis

FCF Conversion Rate

80.6%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

-0.5%

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

FCF Growth Trend

-2319.0%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$3.91M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Fulcrum Therapeutics, Inc. Cash Flow Statement

FULC โ€ข NASDAQ

Fulcrum Therapeutics, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
OPERATING ACTIVITIES
-74.9M
-9.7M
-97.3M
-109.9M
-80.8M
-70.8M
-82.7M
-32.6M
-23M
1.4M
1.6M
2.2M
2.4M
2.5M
2.4M
2.1M
1.3M
715K
0.0
0.0
0.0
0.0
0.0
1.9M
0.0
0.0
0.0
12.5M
14.6M
14.8M
13.4M
11.1M
7.4M
4.2M
2.2M
1.4M
-3M
-4.4M
-6M
152K
673K
-2M
25.6M
4.9M
2.6M
3.9M
-4.2M
-4.6M
-3.1M
-11.9M
7.5M
11.3M
6.5M
804K
-60.1M
-2.2M
-91M
-97.1M
-78.5M
-53.7M
-39.5M
-22.6M
-20.1M
INVESTING ACTIVITIES
-314K
-278K
-508K
-2M
-1.7M
-1.3M
-853K
-9M
-1.9M
(0.0)
(0.0)
(0.0)
-14.4M
(128M)
(55.8M)
(0.0)
(0.0)
(0.0)
-180.2M
-178.6M
-194.9M
-151.2M
-216.2M
-124.3M
(0.0)
(0.0)
(0.0)
211.3M
211.1M
158.7M
165.5M
88.3M
68.5M
0.0
0.0
0.0
0.0
0.0
0.0
14.4M
-128M
-55.8M
-91K
0.0
0.0
(30.7M)
(32.2M)
-36.7M
(12.4M)
-129.7M
-57.1M
-944K
-9M
-1.9M
FINANCING ACTIVITIES
168.7M
2.7M
117.3M
80.8M
182.9M
69.9M
64.2M
0.0
41K
0.0
0.0
0.0
0.0
-18K
-50K
-45K
-70K
0.0
0.0
0.0
777K
3.5M
3.7M
1.2M
249K
12K
17.7M
168.7M
2.7M
118.1M
84.3M
186.5M
71.1M
64.3M
105M
17.7M
CASH FLOW SUMMARY
139.3M
32.8M
-9.5M
-314K
-21.6M
-39.7M
23.9M
73.5M
-4.3M
59.4M
26.7M
36.2M
36.5M
58.1M
97.8M
73.9M
407K
4.7M
198.7M
59.4M
26.7M
36.2M
36.5M
58.1M
97.8M
73.9M
407K
-60.4M
-2.5M
-91.5M
-99M
-80.2M
-55M
-40.3M
-31.5M
-22M

SEC Filings

FULC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 01, 2026
June 01, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 30, 2026
June 24, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 23, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 27, 2026
March 31, 2026
2026
10-K

10-K 2025 FY

FY

February 24, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 24, 2026
February 24, 2026
2026
8-K

8-K 2026

N/A

January 12, 2026
January 12, 2026
2026
8-K

8-K 2025

N/A

December 11, 2025
December 10, 2025
2025
8-K

8-K 2025

N/A

December 08, 2025
December 08, 2025
2025
8-K

8-K 2025

N/A

October 29, 2025
October 29, 2025
2025
Showing 1 to 10 of 123 filings