Foghorn Therapeutics
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Foghorn Therapeutics's past years’ income statements indicate that its last revenue has increased compared to the previous period by 78% to $34,155,000. The net income raised on -$98,426,000 and profit margin reached -288%. Total operating expenses were $142,061,000.

Profit Margin

Foghorn Therapeutics Inc. (NASDAQ:FHTX): Profit margin
2018 0 -26.33M
2019 0 -51.66M
2020 430K -69.77M -16227.67%
2021 1.31M -103.22M -7826.08%
2022 19.22M -108.87M -566.23%
2023 34.15M -98.42M -288.17%

FHTX Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
34.15M19.22M1.31M430K00
Cost of revenue
109.68M19.22K7.51M57.71M1.79M0
Gross profit
-75.53M19.20M-6.19M-57.28M-1.79M0
Operating exp.
Research and development
109.68M105.61M80.32M57.71M44.36M21.22M
Selling and marketing
000000
Total operating expenses
142.06M136.36M102.05M68.96M51.08M26.04M
Operating income
-107.90M-117.13M-100.73M-68.53M-51.08M-26.04M
Other income (expenses), net
13.70M8.25M-586K-269K-44K-30K
Income before tax
-94.2M-108.88M-101.32M-68.8M-51.12M-26.33M
Income tax expense
4.22M-8.25K1.90M979K540K83K
Net income
-98.42M-108.87M-103.22M-69.77M-51.66M-26.33M
Earnings per share
Basic EPS
-2.34-2.62-2.78-1.9-1.4-1.34
Diluted EPS
-2.34-2.62-2.78-1.9-1.4-1.34
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