Foghorn Therapeutics (FHTX) Operating Expenses (2019 - 2026)
Foghorn Therapeutics (FHTX) posted quarterly Operating Expenses of $24.8 million for Q1 2026, down 13.94% year-over-year from $28.9 million in Q1 2025, and down 25.01% quarter-over-quarter from $33.1 million in Q4 2025.
Analysis
Foghorn Therapeutics (FHTX) Operating Expenses (2019 - 2026) Analysis & Trends
Foghorn Therapeutics' Operating Expenses history runs 8 years deep, the most recent figure standing at $24.8 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 13.94% year-over-year to $24.8 million; the TTM figure through Mar 2026 stood at $113.3 million (down 6.31% YoY), while the FY2025 annual figure was $117.3 million, down 6.38% from the prior year.
- Operating Expenses for Q1 2026 stood at $24.8 million, down from $33.1 million in the prior quarter.
- The five-year high for Operating Expenses was $38.6 million in Q1 2023, with the low at $24.8 million in Q1 2026.
- The 5-year median for Operating Expenses is $33.1 million (2025), against an average of $32.1 million.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 43.07% in 2022, then declined 15.81% in 2025.
- Foghorn Therapeutics' Operating Expenses stood at $36.1 million in 2022, then retreated by 13.43% to $31.2 million in 2023, then slipped by 13.98% to $26.9 million in 2024, then grew by 23.32% to $33.1 million in 2025, then retreated by 25.01% to $24.8 million in 2026.
- Business Quant data shows FHTX's Operating Expenses at $24.8 million in Q1 2026, $33.1 million in Q4 2025, and $26.7 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.87 Bn | 131.01 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.57 Bn | 77.57 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.51 Bn | 58.32 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.19 Bn | 53.05 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.07 Bn | 44.07 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 39.99 Bn | 34.89 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.38 Bn | 32.07 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.42 Bn | 27.58 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.41 Bn | 26.25 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Foghorn Therapeutics | 347.14 Mn | 279.06 Mn | - | 24.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.88 Mn |
| Mar 31, 2026 | 24.84 Mn |
| Dec 31, 2025 | 33.13 Mn |
| Sep 30, 2025 | 26.65 Mn |
| Jun 30, 2025 | 28.65 Mn |
| Mar 31, 2025 | 28.87 Mn |
| Dec 31, 2024 | 26.86 Mn |
| Sep 30, 2024 | 31.66 Mn |
| Jun 30, 2024 | 33.52 Mn |
| Mar 31, 2024 | 33.24 Mn |
| Dec 31, 2023 | 31.23 Mn |
| Sep 30, 2023 | 34.56 Mn |
| Jun 30, 2023 | 37.65 Mn |
| Mar 31, 2023 | 38.63 Mn |
| Dec 31, 2022 | 36.07 Mn |
| Sep 30, 2022 | 34.89 Mn |
| Jun 30, 2022 | 33.68 Mn |
| Mar 31, 2022 | 31.72 Mn |
| Dec 31, 2021 | 28.80 Mn |
| Sep 30, 2021 | 26.30 Mn |