Foghorn Therapeutics (FHTX) Operating Income (2019 - 2026)

Foghorn Therapeutics' (FHTX) quarterly Operating Income came in at -$21.6 million in Q1 2026, up 5.85% year-on-year from -$20.4 million in Q1 2025, and up 9.65% quarter-over-quarter from -$23.9 million in Q4 2025.

Foghorn Therapeutics (FHTX) Operating Income (2019 - 2026) Analysis & Trends

Foghorn Therapeutics' Operating Income history runs 8 years deep, the most recent figure standing at -$21.6 million for Q1 2026.

  • On a quarterly basis, Operating Income rose 5.85% year-over-year to -$21.6 million in Q1 2026; TTM through Mar 2026 was -$85.0 million, a 12.68% increase from a year earlier, with the FY2025 full-year figure at -$86.4 million, up 15.87% from the prior year.
  • Operating Income improved to -$21.6 million in Q1 2026 per FHTX's latest filing, from -$23.9 million in the prior quarter.
  • Across five years, Operating Income topped out at -$17.1 million in Q3 2023 and bottomed at -$33.3 million in Q1 2023.
  • The 5-year median for Operating Income is -$25.5 million (2023), against an average of -$25.6 million.
  • Across the five-year window, Operating Income jumped 39.56% in 2023 and sank 39.64% in 2024, its largest moves.
  • Year by year, Operating Income stood at -$31.9 million in 2022, then rose by 20.16% to -$25.5 million in 2023, then rose by 5.71% to -$24.0 million in 2024, then grew by 0.53% to -$23.9 million in 2025, then rose by 9.65% to -$21.6 million in 2026.
  • Per Business Quant, the three latest FHTX Operating Income figures stand at -$21.6 million (Q1 2026), -$23.9 million (Q4 2025), and -$18.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -27.75 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 249.90 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.72 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 493.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -445.22 Mn
10 Foghorn Therapeutics 352.57 Mn 263.66 Mn - -21.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -21.57 Mn
Dec 31, 2025 -23.88 Mn
Sep 30, 2025 -18.50 Mn
Jun 30, 2025 -21.10 Mn
Mar 31, 2025 -22.91 Mn
Dec 31, 2024 -24.01 Mn
Sep 30, 2024 -23.85 Mn
Jun 30, 2024 -26.63 Mn
Mar 31, 2024 -28.19 Mn
Dec 31, 2023 -25.46 Mn
Sep 30, 2023 -17.08 Mn
Jun 30, 2023 -32.05 Mn
Mar 31, 2023 -33.32 Mn
Dec 31, 2022 -31.89 Mn
Sep 30, 2022 -28.26 Mn
Jun 30, 2022 -29.19 Mn
Mar 31, 2022 -27.80 Mn
Dec 31, 2021 -28.08 Mn
Sep 30, 2021 -26.26 Mn
Jun 30, 2021 -23.26 Mn