The Tip Desk

Fulcrum Therapeutics, Inc.

Company Stats

Market Cap
$280.8M
Nov 12, 2026 close
Last Close
$3.68
Nov 12, 2026
Shares Outstanding
76.3M
Free Float
69.7%

Income Statement

Revenue
$0
Operating Income
-$84.8M
Net Income
-$74.9M
EBITDA
-$83.4M

Cash Flow

Free Cash Flow
-$60.4M
FCF Yield
-21.5%
Owner FCF Yield
-25.9%

Balance Sheet

Cash & Equivalents
$197.5M

Returns & Capital

SBC, 3Y Avg
$13.9M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$0-$60.4M—
FY2024$80.0M-$2.5M-3.1%
FY2023$2.8M-$91.5M-3261.1%
FY2022$6.3M-$99.0M-1561.2%
FY2021$19.2M-$80.2M-418.5%

Annual filing data through FY ended December 31, 2025; shares and float as of November 3, 2026. Yields and enterprise value use the calculated market cap above, at the latest close. Ratios are our calculations from reported figures.

Earnings