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Side-by-side financial comparison of Foghorn Therapeutics Inc. (FHTX) and FrontView REIT, Inc. (FVR). Click either name above to swap in a different company.

FrontView REIT, Inc. is the larger business by last-quarter revenue ($16.5M vs $9.2M, roughly 1.8× Foghorn Therapeutics Inc.). FrontView REIT, Inc. runs the higher net margin — -24.9% vs -234.3%, a 209.4% gap on every dollar of revenue.

Foghorn Therapeutics Inc. is a clinical-stage biotechnology company dedicated to developing novel therapies targeting the chromatin regulatory system to treat various types of cancer and other severe diseases. It advances a diverse pipeline of targeted drug candidates, conducting internal R&D and strategic partnerships to serve global patient populations.

FHTX vs FVR — Head-to-Head

Bigger by revenue
FVR
FVR
1.8× larger
FVR
$16.5M
$9.2M
FHTX
Higher net margin
FVR
FVR
209.4% more per $
FVR
-24.9%
-234.3%
FHTX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FHTX
FHTX
FVR
FVR
Revenue
$9.2M
$16.5M
Net Profit
$-21.7M
$-4.1M
Gross Margin
Operating Margin
-258.2%
Net Margin
-234.3%
-24.9%
Revenue YoY
223.8%
Net Profit YoY
-11.1%
EPS (diluted)
$-0.35
$-0.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FHTX
FHTX
FVR
FVR
Q4 25
$9.2M
$16.5M
Q3 25
$8.2M
$16.8M
Q2 25
$7.6M
$17.6M
Q1 25
$6.0M
$16.2M
Q4 24
$2.9M
Q3 24
$7.8M
$14.5M
Q2 24
$6.9M
Q1 24
$5.0M
Net Profit
FHTX
FHTX
FVR
FVR
Q4 25
$-21.7M
$-4.1M
Q3 25
$-15.8M
$4.0M
Q2 25
$-17.9M
$-2.9M
Q1 25
$-18.8M
$-833.0K
Q4 24
$-19.5M
Q3 24
$-19.1M
$-2.4M
Q2 24
$-23.0M
Q1 24
$-25.0M
Operating Margin
FHTX
FHTX
FVR
FVR
Q4 25
-258.2%
Q3 25
-226.9%
Q2 25
-279.2%
Q1 25
-385.0%
Q4 24
-840.5%
Q3 24
-305.5%
Q2 24
-386.6%
Q1 24
-558.3%
Net Margin
FHTX
FHTX
FVR
FVR
Q4 25
-234.3%
-24.9%
Q3 25
-194.4%
23.9%
Q2 25
-237.3%
-16.5%
Q1 25
-316.4%
-5.1%
Q4 24
-682.9%
Q3 24
-244.9%
-16.7%
Q2 24
-333.6%
Q1 24
-495.4%
EPS (diluted)
FHTX
FHTX
FVR
FVR
Q4 25
$-0.35
$-0.19
Q3 25
$-0.25
$0.19
Q2 25
$-0.28
$-0.16
Q1 25
$-0.30
$-0.06
Q4 24
$-0.23
Q3 24
$-0.31
Q2 24
$-0.45
Q1 24
$-0.59

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FHTX
FHTX
FVR
FVR
Cash + ST InvestmentsLiquidity on hand
$80.9M
$13.5M
Total DebtLower is stronger
$314.3M
Stockholders' EquityBook value
$-108.5M
$391.2M
Total Assets
$198.1M
$854.4M
Debt / EquityLower = less leverage
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FHTX
FHTX
FVR
FVR
Q4 25
$80.9M
$13.5M
Q3 25
$89.3M
$19.6M
Q2 25
$72.6M
$8.4M
Q1 25
$61.0M
$3.3M
Q4 24
$55.5M
Q3 24
$57.7M
Q2 24
$138.9M
Q1 24
$79.3M
Total Debt
FHTX
FHTX
FVR
FVR
Q4 25
$314.3M
Q3 25
$307.1M
Q2 25
$316.9M
Q1 25
$310.2M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FHTX
FHTX
FVR
FVR
Q4 25
$-108.5M
$391.2M
Q3 25
$-89.7M
$385.2M
Q2 25
$-76.7M
$369.9M
Q1 25
$-61.7M
$324.7M
Q4 24
$-45.5M
Q3 24
$-28.3M
$1.0K
Q2 24
$-14.3M
Q1 24
$-97.5M
Total Assets
FHTX
FHTX
FVR
FVR
Q4 25
$198.1M
$854.4M
Q3 25
$205.0M
$846.8M
Q2 25
$226.2M
$856.5M
Q1 25
$258.7M
$860.8M
Q4 24
$284.0M
Q3 24
$308.4M
$1.0K
Q2 24
$328.6M
Q1 24
$255.0M
Debt / Equity
FHTX
FHTX
FVR
FVR
Q4 25
0.80×
Q3 25
0.80×
Q2 25
0.86×
Q1 25
0.96×
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FHTX
FHTX
FVR
FVR
Operating Cash FlowLast quarter
$-22.3M
$42.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FHTX
FHTX
FVR
FVR
Q4 25
$-22.3M
$42.1M
Q3 25
$-18.9M
$8.3M
Q2 25
$-21.0M
$9.3M
Q1 25
$-24.0M
$8.1M
Q4 24
$-24.5M
Q3 24
$-21.0M
Q2 24
$-25.5M
Q1 24
$-29.3M
Free Cash Flow
FHTX
FHTX
FVR
FVR
Q4 25
Q3 25
Q2 25
$-21.0M
Q1 25
$-24.0M
Q4 24
$-25.0M
Q3 24
$-21.3M
Q2 24
$-25.6M
Q1 24
$-29.4M
FCF Margin
FHTX
FHTX
FVR
FVR
Q4 25
Q3 25
Q2 25
-278.2%
Q1 25
-403.2%
Q4 24
-875.3%
Q3 24
-273.0%
Q2 24
-371.0%
Q1 24
-583.1%
Capex Intensity
FHTX
FHTX
FVR
FVR
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.3%
Q1 25
0.5%
Q4 24
16.8%
Q3 24
4.0%
Q2 24
0.2%
Q1 24
2.0%
Cash Conversion
FHTX
FHTX
FVR
FVR
Q4 25
Q3 25
2.06×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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