tradmap

FHTX Financials Foghorn Therapeutics Inc.

7 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 grown 135.1% per year over the past 5 years.
  • Operating margin has expanded, at -279.5% in the latest year.

Financial health

  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$109M -$37M $34M $0 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-16000% -8000% 0% 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$119M $37M $192M $0 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $51M $101M 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$244M -$13M $217M $0 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $31M -$74M 0.0% -279.5% -$86M $81M
2024 $23M -$87M 0.0% -454.3% -$101M $55M
2023 $34M -$98M 0.0% -315.9% -$119M $80M
2022 $19M -$109M 0.0% -609.2% $192M $52M
2021 $1M -$101M 0.0% -7637.1% -$54M $0 $101M
2020 $430000 -$69M 0.0% -15937.4% -$47M $20M $93M
2019 -$51M -$47M $15M $15M

Valuation over time

How the market has priced FHTX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 13.9 27.8 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is FHTX growing its revenue and profit?

Over the past 5 years, Foghorn Therapeutics Inc.'s revenue has grown 135.1% per year. These are computed facts, not advice.

How much debt does FHTX have?

As of FY2025, Foghorn Therapeutics Inc. reported — of total debt against $81M of cash.

What is FHTX's profit margin?

In FY2025, gross margin was —, operating margin -279.5%, and net margin -240.3%.

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.