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FULC (Fulcrum Therapeutics, Inc.) Stock Financials & Earnings | Market Cap Arena
FULC
Fulcrum Therapeutics, Inc.
Mkt Cap
$436M
Healthcare
·
Biotechnology
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$0
Net Income (TTM)
-$75M
EPS (TTM)
-$1.18
Free Cash Flow (TTM)
-$60M
Gross Margin
—
Op. Margin
—
Net Margin
—
FCF Margin
—
P/S Ratio (TTM)
—
P/E Ratio (TTM)
—
YoY Rev Growth
-100.0%
Employees
—
Earnings Reports
▶
Q4 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$295K
-$16M
-$28M
Q2 23
$880K
-$17M
-$27M
Q3 23
$759K
-$17M
-$27M
Q4 23
$871K
$363K
-$28M
Q1 24
$0
-$479K
-$30M
Q2 24
$80M
$63M
$52M
Q3 24
$0
$0
-$25M
Q4 24
$0
-$369K
-$19M
Q1 25
$0
$0
-$20M
Q2 25
$0
-$300K
-$20M
Q3 25
$0
$0
-$22M
Q4 25
$0
$300K
-$23M
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
107.8x
—
Q2 23
143.2x
—
Q3 23
166.4x
—
Q4 23
155.4x
—
Q1 24
173.7x
—
Q2 24
5.3x
—
Q3 24
5.4x
—
Q4 24
5.4x
—
Q1 25
5.4x
—
Q2 25
—
—
Q3 25
—
—
Q4 25
—
—
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Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$24M
-$24M
Q2 23
-$21M
-$21M
Q3 23
-$23M
-$23M
Q4 23
-$23M
-$23M
Q1 24
-$25M
-$25M
Q2 24
$59M
$59M
Q3 24
-$19M
-$19M
Q4 24
-$17M
-$17M
Q1 25
-$15M
-$15M
Q2 25
-$14M
-$14M
Q3 25
-$14M
-$14M
Q4 25
-$17M
-$17M
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Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$171K
Q2 23
$195K
Q3 23
$65K
Q4 23
$77K
Q1 24
$28K
Q2 24
$0
Q3 24
$19K
Q4 24
$231K
Q1 25
$0
Q2 25
$65K
Q3 25
$90K
Q4 25
$159K
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
-88.6%
-1.2%
Q2 23
-53.2%
-22.0%
Q3 23
-35.8%
+10.4%
Q4 23
+27.2%
+0.7%
Q1 24
-100.0%
+5.7%
Q2 24
+8990.9%
-2.4%
Q3 24
-100.0%
-10.9%
Q4 24
-100.0%
-32.7%
Q1 25
—
-31.6%
Q2 25
-100.0%
-28.0%
Q3 25
—
-13.0%
Q4 25
—
+16.8%
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Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$4M
1441.7%
Q2 23
$3M
382.2%
Q3 23
$4M
492.4%
Q4 23
$3M
396.0%
Q1 24
$4M
—
Q2 24
$0
0.0%
Q3 24
$0
—
Q4 24
$2M
—
Q1 25
$3M
—
Q2 25
$3M
—
Q3 25
$0
—
Q4 25
$3M
—
marketcaparena.com
OpEx Breakdown
R&D
G&A
S&M
SG&A
Quarter
R&D
G&A
S&M
SG&A
Q1 23
$17M
$11M
$657K
—
Q2 23
$18M
$10M
$616K
—
Q3 23
$18M
$9M
$640K
—
Q4 23
$19M
$10M
—
—
Q1 24
$19M
$10M
—
—
Q2 24
$17M
$10M
$271K
—
Q3 24
$15M
$8M
—
—
Q4 24
$11M
—
—
$8M
Q1 25
$13M
$7M
—
—
Q2 25
$13M
$7M
—
—
Q3 25
$14M
$8M
—
—
Q4 25
$15M
$7M
—
—
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$35M
$263M
$298M
Q2 23
$34M
$244M
$278M
Q3 23
$30M
$227M
$257M
Q4 23
$26M
$211M
$236M
Q1 24
$40M
$173M
$213M
Q2 24
$87M
$187M
$274M
Q3 24
$73M
$185M
$257M
Q4 24
$58M
$183M
$241M
Q1 25
$42M
$184M
$227M
Q2 25
$43M
$172M
$214M
Q3 25
$47M
$154M
$201M
Q4 25
$198M
$155M
$352M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
60M
+14.7%
Q2 23
62M
+3.5%
Q3 23
62M
+0.0%
Q4 23
62M
+0.1%
Q1 24
62M
+0.2%
Q2 24
64M
+2.6%
Q3 24
62M
-1.9%
Q4 24
54M
-13.5%
Q1 25
62M
+15.8%
Q2 25
63M
+0.1%
Q3 25
63M
+0.1%
Q4 25
63M
+1.2%
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Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 17
—
—
FY 18
—
—
FY 19
$0
73
FY 20
$121K
73
FY 21
$184K
104
FY 22
$71K
89
FY 23
$37K
76
FY 24
$2M
51
FY 25
$0
200K
marketcaparena.com