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Filing Flows › Foghorn Therapeutics (FHTX) › Q1 2026 › vs Q4 2025

Foghorn Therapeutics (FHTX) Q1 2026 vs Q4 2025 (quarter over quarter)

Foghorn Therapeutics's revenue fell $6.0M (-65%) from $9.2M in Q4 2025 to $3.3M in Q1 2026.

Foghorn Therapeutics, Q1 2026: revenue $3.3M (-45% year over year), operating margin -660.3%, net loss $19.9M, operating cash flow −$25.3M. The chart draws each line against Q4 2025, the increases inside each band.

Foghorn Therapeutics: what changed, Q1 2026 vs Q4 2025Foghorn Therapeutics: what changed, Q1 2026 vs Q4 2025Costs & expenses−$8.3MOperating costs−$8.3MWorking capital & other$4.4MResearch & development−$3.8MCash used in operations$3.0MOperating cash sources$2.6MNet loss−$1.8MNet loss absorbed−$1.8MDepreciation & amortization−$564KOther income, net−$516K

Every line

LineQ1 2026Q4 2025Change%
Revenue$3.3M$9.2M−$6.0M-65%
Other income, net$1.7M$2.2M−$516K-23%
Net loss$19.9M$21.7M−$1.8M-8%
Costs & expenses$24.8M$33.1M−$8.3M-25%
Operating costs$24.8M$33.1M−$8.3M-25%
Research & development$18.3M$22.0M−$3.8M-17%
General & admin$6.6M$6.8M−$216K-3%
Operating cash sources$27.9M$25.3M$2.6M+10%
Depreciation & amortization$238K$802K−$564K-70%
Share-based compensation$2.4M$2.2M$142K+6%
Cash used in operations$25.3M$22.3M$3.0M+13%
Net loss absorbed$19.9M$21.7M−$1.8M-8%
Working capital & other$8.0M$3.6M$4.4M+120%

Questions

How much did Foghorn Therapeutics's revenue grow quarter over quarter in Q1 2026?

Foghorn Therapeutics's revenue fell $6.0M (-65%) from $9.2M in Q4 2025 to $3.3M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →