10-Q quarterly report · filed Nov 5, 2025

Foghorn Therapeutics Inc. (FHTX) Q3 2025 10-Q Quarterly Report

Short answer

Foghorn Therapeutics Inc. (FHTX) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $8M (up 4.4% year over year) with net income of −$16M.

Q3 2025 key financials · XBRL

Revenue
$8M
+4.4% YoY · +7.9% QoQ
Net income
−$16M
+17.1% YoY · +11.6% QoQ
Operating margin
-226.9%
EPS (diluted)
−$0.26
+0.0% YoY · +7.1% QoQ

Source: XBRL data from the Foghorn Therapeutics Inc. (FHTX) Q3 2025 10-Q on SEC EDGAR. USD.

Foghorn Therapeutics Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Collaboration revenue $8.2M, up $0.4M from $7.8M YoY
  • Net loss $15.8M vs $19.1M YoY; operating loss $18.5M vs $23.9M
  • Lilly partnered programs highest R&D spend at $6.7M, up $0.4M YoY
  • FHD-286 lowest R&D spend at $(1.0)M, down $3.4M YoY after discontinuation
  • R&D expenses $20.0M vs $24.7M; FHD-909 enrollment expected to increase costs

Risk Factors

  • No material changes to 2024 Form 10-K risk factors
  • Carried-forward risks remain the principal regulatory, legal, operational, competitive, and financial exposures
  • No new or modified director or officer Rule 10b5-1 trading arrangements during three months ended September 30, 2025

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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