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FBRX Financials Forte Biosciences, Inc.

11 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 9.8% per year over the past 5 years.

Financial health

  • Total debt has grown faster than revenue (60.0% vs -9.8% per year).
  • The company is unprofitable; at its current free-cash-flow burn it has roughly 1.5 years of cash runway.
Revenue & net income
-$69M -$26M $18M $0 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-94949% -47474% 0% 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$51M -$25M $0 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $38M $77M 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$51M $19M $89M $0 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 -$69M -$51M $77M
2024 -$35M -$31M $22M
2023 -$31M -$29M $37M
2022 -$14M $41M
2021 -$22M $42M
2020 -$46M $59M
2019 $36000 -$4M 0.0% -11288.9% -$3M $7M
2018 $18M -$49M 0.0% -254.2% -$36M $26M $41M
2017 $41000 -$39M 0.0% -91775.6% -$32M $4M $36M
2016 $49000 -$33M 0.0% -64673.5% -$30M $10M $6M
2015 -$23M $8M

Frequently asked questions

Is FBRX growing its revenue and profit?

Over the past 5 years, Forte Biosciences, Inc.'s revenue has declined 9.8% per year. These are computed facts, not advice.

How much debt does FBRX have?

As of FY2025, Forte Biosciences, Inc. reported — of total debt against $77M of cash.

What is FBRX's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin —.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.