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Side-by-side financial comparison of Foghorn Therapeutics Inc. (FHTX) and DNA X, Inc. (SONM). Click either name above to swap in a different company.
DNA X, Inc. is the larger business by last-quarter revenue ($16.2M vs $9.2M, roughly 1.8× Foghorn Therapeutics Inc.). DNA X, Inc. runs the higher net margin — -29.3% vs -234.3%, a 205.0% gap on every dollar of revenue. On growth, Foghorn Therapeutics Inc. posted the faster year-over-year revenue change (223.8% vs 7.9%). Over the past eight quarters, Foghorn Therapeutics Inc.'s revenue compounded faster (35.3% CAGR vs 9.9%).
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 SONM — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.2M | $16.2M |
| Net Profit | $-21.7M | $-4.8M |
| Gross Margin | — | 11.2% |
| Operating Margin | -258.2% | -24.5% |
| Net Margin | -234.3% | -29.3% |
| Revenue YoY | 223.8% | 7.9% |
| Net Profit YoY | -11.1% | -89.2% |
| EPS (diluted) | $-0.35 | $-4.83 |
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.
| Q4 25 | $9.2M | — | ||
| Q3 25 | $8.2M | $16.2M | ||
| Q2 25 | $7.6M | $11.2M | ||
| Q1 25 | $6.0M | $16.7M | ||
| Q4 24 | $2.9M | $15.3M | ||
| Q3 24 | $7.8M | $15.0M | ||
| Q2 24 | $6.9M | $11.5M | ||
| Q1 24 | $5.0M | $9.1M |
| Q4 25 | $-21.7M | — | ||
| Q3 25 | $-15.8M | $-4.8M | ||
| Q2 25 | $-17.9M | $-7.5M | ||
| Q1 25 | $-18.8M | $458.0K | ||
| Q4 24 | $-19.5M | $-21.6M | ||
| Q3 24 | $-19.1M | $-2.5M | ||
| Q2 24 | $-23.0M | $-6.6M | ||
| Q1 24 | $-25.0M | $-2.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | 11.2% | ||
| Q2 25 | — | 7.6% | ||
| Q1 25 | — | 50.0% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | — | 28.2% | ||
| Q2 24 | — | 25.8% | ||
| Q1 24 | — | 31.8% |
| Q4 25 | -258.2% | — | ||
| Q3 25 | -226.9% | -24.5% | ||
| Q2 25 | -279.2% | -60.2% | ||
| Q1 25 | -385.0% | 3.9% | ||
| Q4 24 | -840.5% | 55.3% | ||
| Q3 24 | -305.5% | -15.8% | ||
| Q2 24 | -386.6% | -56.2% | ||
| Q1 24 | -558.3% | -29.5% |
| Q4 25 | -234.3% | — | ||
| Q3 25 | -194.4% | -29.3% | ||
| Q2 25 | -237.3% | -66.8% | ||
| Q1 25 | -316.4% | 2.7% | ||
| Q4 24 | -682.9% | -141.6% | ||
| Q3 24 | -244.9% | -16.7% | ||
| Q2 24 | -333.6% | -57.5% | ||
| Q1 24 | -495.4% | -31.9% |
| Q4 25 | $-0.35 | — | ||
| Q3 25 | $-0.25 | $-4.83 | ||
| Q2 25 | $-0.28 | $-0.79 | ||
| Q1 25 | $-0.30 | $0.08 | ||
| Q4 24 | $-0.23 | $-116.99 | ||
| Q3 24 | $-0.31 | $-9.32 | ||
| Q2 24 | $-0.45 | $-1.41 | ||
| Q1 24 | $-0.59 | $-0.65 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $80.9M | $2.1M |
| Total DebtLower is stronger | — | $5.1M |
| Stockholders' EquityBook value | $-108.5M | $-701.0K |
| Total Assets | $198.1M | $40.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $80.9M | — | ||
| Q3 25 | $89.3M | $2.1M | ||
| Q2 25 | $72.6M | $2.0M | ||
| Q1 25 | $61.0M | $2.1M | ||
| Q4 24 | $55.5M | $5.3M | ||
| Q3 24 | $57.7M | $9.1M | ||
| Q2 24 | $138.9M | $9.6M | ||
| Q1 24 | $79.3M | $9.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | $5.1M | ||
| Q2 25 | — | $2.9M | ||
| Q1 25 | — | $2.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-108.5M | — | ||
| Q3 25 | $-89.7M | $-701.0K | ||
| Q2 25 | $-76.7M | $-1.3M | ||
| Q1 25 | $-61.7M | $-1.1M | ||
| Q4 24 | $-45.5M | $-5.7M | ||
| Q3 24 | $-28.3M | $15.3M | ||
| Q2 24 | $-14.3M | $17.5M | ||
| Q1 24 | $-97.5M | $19.8M |
| Q4 25 | $198.1M | — | ||
| Q3 25 | $205.0M | $40.2M | ||
| Q2 25 | $226.2M | $36.1M | ||
| Q1 25 | $258.7M | $36.0M | ||
| Q4 24 | $284.0M | $39.7M | ||
| Q3 24 | $308.4M | $49.1M | ||
| Q2 24 | $328.6M | $45.9M | ||
| Q1 24 | $255.0M | $42.4M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-22.3M | $-7.0M |
| 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.
| Q4 25 | $-22.3M | — | ||
| Q3 25 | $-18.9M | $-7.0M | ||
| Q2 25 | $-21.0M | $-4.9M | ||
| Q1 25 | $-24.0M | $-9.6M | ||
| Q4 24 | $-24.5M | $-4.5M | ||
| Q3 24 | $-21.0M | $-417.0K | ||
| Q2 24 | $-25.5M | $-3.4M | ||
| Q1 24 | $-29.3M | $-168.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-21.0M | — | ||
| Q1 25 | $-24.0M | — | ||
| Q4 24 | $-25.0M | $-4.5M | ||
| Q3 24 | $-21.3M | $-554.0K | ||
| Q2 24 | $-25.6M | $-3.4M | ||
| Q1 24 | $-29.4M | $-198.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -278.2% | — | ||
| Q1 25 | -403.2% | — | ||
| Q4 24 | -875.3% | -29.6% | ||
| Q3 24 | -273.0% | -3.7% | ||
| Q2 24 | -371.0% | -29.8% | ||
| Q1 24 | -583.1% | -2.2% |
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 16.8% | 0.1% | ||
| Q3 24 | 4.0% | 0.9% | ||
| Q2 24 | 0.2% | 0.3% | ||
| Q1 24 | 2.0% | 0.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -20.97× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
