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Foghorn Therapeutics vs Enanta Pharmaceuticals: FHTX and ENTA compared

Foghorn Therapeutics is the larger company: $16.1M of revenue in its latest quarter (Q2 2026) against $14.4M for Enanta Pharmaceuticals (Q3 FY26). Foghorn Therapeutics is growing faster (+113% against -22% a year earlier). Foghorn Therapeutics is more profitable, with an operating margin of -54.8% against -120.0%.

Foghorn Therapeutics vs Enanta Pharmaceuticals, latest quarterFoghorn Therapeutics vs Enanta Pharmaceuticals, latest quarterFoghorn Therapeutics (FHTX)Enanta Pharmaceuticals (ENTA)Revenue$16.1M$14.4MRevenue growth, Y/Y+113%-22%Operating margin-54.8%-120.0%Net margin-44.7%-135.8%

Where the money goes: FHTX and ENTA

Foghorn Therapeutics (FHTX) · Q2 2026

Foghorn Therapeutics, Q2 2026: revenue $16.1M (+113% year over year), operating margin -54.8%, net loss $7.2M, operating cash flow −$17.8M. The chart follows the revenue to costs, profit and cash.

Enanta Pharmaceuticals (ENTA) · Q3 FY26

Enanta Pharmaceuticals, Q3 FY26: revenue $14.4M (-22% year over year), operating margin -120.0%, net loss $19.5M, operating cash flow −$10.0M. The chart follows the revenue to costs, profit and cash.

Foghorn Therapeutics (FHTX)Enanta Pharmaceuticals (ENTA)
Latest quarterQ2 2026Q3 FY26
Revenue$16.1M$14.4M
Revenue growth, Y/Y+113%-22%
Operating margin-54.8%-120.0%
Net earnings−$7.2M−$19.5M
Net margin-44.7%-135.8%
Operating cash flow−$17.8M−$10.0M
Market value$132M—
Analysts’ mean target$4.17—

Questions

Which is bigger, Foghorn Therapeutics or Enanta Pharmaceuticals?

Foghorn Therapeutics is the larger company: $16.1M of revenue in its latest quarter (Q2 2026) against $14.4M for Enanta Pharmaceuticals (Q3 FY26).

Is Foghorn Therapeutics or Enanta Pharmaceuticals growing faster?

Foghorn Therapeutics is growing faster (+113% against -22% a year earlier).

Which is more profitable, Foghorn Therapeutics or Enanta Pharmaceuticals?

Foghorn Therapeutics is more profitable, with an operating margin of -54.8% against -120.0%.

More: Foghorn Therapeutics earnings · how Foghorn Therapeutics makes money · Enanta Pharmaceuticals earnings · how Enanta Pharmaceuticals makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 6, 2026; 10-Q filed Aug 12, 2026). Fiscal quarters can end on different dates. Not investment advice.