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 18.9% per year over the past 5 years.
Operating margin has contracted, at -3.7% in the latest year.
Financial health
The company holds more cash ($6M) than total debt ($6M).
Total debt has grown faster than revenue (59.6% vs 18.9% per year).
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$420M
-$20M
0.0%
-3.7%
-$21M
$6M
$6M
2024
$335M
-$22M
0.0%
-7.0%
-$5M
$9M
$7M
2023
$345M
-$24M
0.0%
-6.7%
-$11M
$4M
$7M
2022
$413M
-$28M
0.0%
-6.5%
-$8M
$693000
$8M
2021
$330M
-$12M
0.0%
-4.9%
-$13M
$977000
$38M
2020
$177M
-$1M
5.9%
-0.7%
-$1M
$539000
$29M
2019
$111M
-$4M
5.3%
-3.6%
-$1M
$552188
$579416
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Dec '25
$91M
-$7M
0.0%
-5.2%
-$12M
$6M
$6M
Sep '25
$115M
-$4M
0.0%
-3.5%
$3M
$6M
$10M
Jun '25
$121M
-$4M
0.0%
-2.0%
-$6M
$6M
$5M
Mar '25
$93M
-$6M
0.0%
-4.8%
-$6M
$9M
$8M
Dec '24
$92M
-$6M
0.0%
-9.9%
-$322000
$9M
$7M
Sep '24
$84M
-$8M
0.0%
-9.3%
-$364000
$9M
$13M
Jun '24
$89M
-$1M
0.0%
-4.1%
-$3M
$4M
$10M
Mar '24
$71M
-$6M
0.0%
-8.0%
-$948000
$4M
$6M
Dec '23
$74M
-$8M
0.0%
-10.9%
-$4M
$4M
$7M
Sep '23
$94M
-$5M
0.0%
-5.7%
-$1M
—
$7M
Jun '23
$100M
-$4M
0.0%
-4.2%
-$3M
—
$9M
Mar '23
$78M
-$6M
0.0%
-7.2%
-$2M
—
$7M
Dec '22
$83M
-$10M
0.0%
-12.1%
-$77000
$693000
$8M
Sep '22
$111M
-$6M
0.0%
-5.3%
-$7M
—
$15M
Jun '22
$128M
-$6M
0.0%
-4.1%
-$2M
—
$20M
Mar '22
$90M
-$6M
0.0%
-6.3%
$1M
—
$31M
Dec '21
$95M
-$4M
0.0%
-4.4%
-$5M
$977000
$38M
Sep '21
$101M
-$3M
0.0%
-3.7%
-$4M
$1M
$9M
Jun '21
$84M
-$2M
0.0%
-5.6%
-$2M
$960287
$13M
Mar '21
$50M
-$3M
6.4%
-6.9%
-$1M
$505460
$25M
Valuation over time
How the market has priced FTHM 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.
The price-to-sales ratio has fallen from 0.3× (Mar '23) to 0.1× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is FTHM growing its revenue and profit?
Over the past 5 years, Fathom Holdings Inc.'s revenue has grown 18.9% per year. These are computed facts, not advice.
How much debt does FTHM have?
As of FY2025, Fathom Holdings Inc. reported $6M of total debt against $6M of cash.
What is FTHM's profit margin?
In FY2025, gross margin was —, operating margin -3.7%, and net margin -4.8%.
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.