Foghorn Therapeutics FHTX
NASDAQ FHTX
$4.91 +0.05 (+0.92%)
As of: Sep 4, 2026 · 2:18 PM EDT

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

Historic Data

Download Data
DateValue
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