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Filing Flows › Foghorn Therapeutics (FHTX) › Q3 2026 › vs Q2 2026

Foghorn Therapeutics (FHTX) Q3 2026 vs Q2 2026 (quarter over quarter)

Foghorn Therapeutics's revenue rose $67.5M (+420%) from $16.1M in Q2 2026 to $83.5M in Q3 2026. Operating margin 67.8% against -54.8% (+122.6 pts).

Foghorn Therapeutics, Q3 2026: revenue $83.5M (+925% year over year), operating margin 67.8%, net earnings $58.1M, operating cash flow −$18.2M. The chart draws each line against Q2 2026, the increases inside each band.

Foghorn Therapeutics: what changed, Q3 2026 vs Q2 2026Foghorn Therapeutics: what changed, Q3 2026 vs Q2 2026Operating cash sources$65.7MWorking capital & other$65.7MOperating profit$65.4MPre-tax earnings$65.3MNet earnings$65.3MCosts & expenses$2.0MGeneral & admin−$558KCash used in operations$399KResearch & development$313KOther income, net−$103K

Margins

Q3 2026Q2 2026Change
Operating margin67.8%-54.8%+122.6 pts
Net margin69.6%-44.7%+114.3 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$83.5M$16.1M$67.5M+420%
Other income, net$1.5M$1.6M−$103K-6%
Operating profit$56.6M−$8.8M$65.4M—
Costs & expenses$26.9M$24.9M$2.0M+8%
Pre-tax earnings$58.1M−$7.2M$65.3M—
Research & development$18.8M$18.5M$313K+2%
General & admin$5.8M$6.4M−$558K-9%
Net earnings$58.1M−$7.2M$65.3M—
Operating cash sources$79.1M$13.4M$65.7M+490%
Depreciation & amortization$200K$200K$00%
Share-based compensation$2.5M$2.5M−$30K-1%
Cash used in operations$18.2M$17.8M$399K+2%
Working capital & other$79.1M$13.4M$65.7M+490%

Questions

How much did Foghorn Therapeutics's revenue grow quarter over quarter in Q3 2026?

Foghorn Therapeutics's revenue rose $67.5M (+420%) from $16.1M in Q2 2026 to $83.5M in Q3 2026. Operating margin 67.8% against -54.8% (+122.6 pts).

Q3 2026 results → · Compare in the interactive Sankey →