Forte Biosciences, Inc.

Forte Biosciences, Inc.

FBRX
Forte Biosciences, Inc.US flagNASDAQ Capital Market
76.99
USD
- -
- -
1.63BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
-157.93
-38.85
-19.96
-24.92
-12.17
-4.71
-4.44
Free Cash Flow per Basic Share
- -
-62.59
-29.85
-11.77
-22.8
-10.56
-3.47
-3.64
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
114.92
70.4
46.21
24.3
8.21
4.71
8.97
Tangible Book Value per Share
- -
114.92
70.4
46.21
24.3
8.21
4.71
8.97
Basic Weighted Avg Shares
- -
- -
1
1
1
3
15
20
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
-46
-22
-14
-31
-35
-69
-88
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
58
41
38
35
52
60
183
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
59
42
39
35
52
61
184
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-157.64
-43.19
-34.54
-84.92
-80.82
-122.28
-62.28

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
14
20
Market Capitalization
353
360
435

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
81
65
203
Cash, Cash Equivalents & STI
77
58
198
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
21
24
20
Payables & Accruals
19
23
19
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
3.93%
16.22%
Free Cash Flow
- -
52.79%
65.67%
Net Income, GAAP
- -
29.13%
95.54%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-4.03
-6.78
-4.54
- -
-12.17
2025
-1.37
-0.96
-0.99
- -
-4.71
2026
-1.24
-0.98
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Paul A. Wagner
Full Time Employees
23
Sector
Healthcare
Industry
Biotechnology
Address
3060 Pegasus Park Drive Dallas TX United States of America 75247
IPO Date
Apr 13, 2017
Business
Forte Biosciences, Inc. (FBRX) is a clinical-stage biopharmaceutical company focused on developing innovative therapies for autoimmune and autoimmune-related diseases, including celiac disease, vitiligo, alopecia areata and graft-versus-host disease. The company's lead product candidate is FB-102, a proprietary anti-CD122 monoclonal antibody that targets key pathways in IL-2/IL-15 receptors to modulate NK cells and certain T cell subsets; FB-102 is advancing in multiple clinical programs, including a Phase 2 trial in celiac disease with topline data expected in 2026, a vitiligo trial with enrollment commenced and topline data anticipated in the first half of 2026, and an alopecia areata trial initiating in the second half of 2025 with topline data expected in 2026. In June 2025, Forte announced positive data from an FB-102 celiac disease study; in November 2024, the company completed an oversubscribed $53 million private placement financing from leading healthcare institutional investors including OrbiMed, Janus Henderson Investors and BVF Partners LP to advance FB-102 programs; and in November 2025, Forte issued inducement grants under Nasdaq listing rules and reported $93.4 million in cash and cash equivalents as of Q3 2025. Founded in 2017 and headquartered at 3060 Pegasus Park Drive, Building 6, Dallas, Texas, Forte operates in the United States within the biotechnology sector, targeting unmet needs in dermatological and inflammatory conditions with no subsidiaries or parent company relationships disclosed.

Company News

  • Squarepoint Ops LLC Reduces Position in Forte Biosciences, Inc. $FBRX

  • argenx Completes Acquisition of Forte Biosciences, Inc.

  • Are SUNS, VREX, CHMI, FBRX Obtaining Fair Deals for their Shareholders?

  • Are SUNS, VREX, CHMI, FBRX Obtaining Fair Deals for their Shareholders?

  • Forte Biosciences Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Forte Biosciences, Inc. - FBRX

  • Forte Biosciences Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Forte Biosciences, Inc. - FBRX

  • FBRX Stock Alert: Halper Sadeh LLC is Investigating Whether Forte Biosciences, Inc. is Obtaining a Fair Price for its Shareholders

  • FBRX Stock Alert: Halper Sadeh LLC is Investigating Whether Forte Biosciences, Inc. is Obtaining a Fair Price for its Shareholders

  • The M&A Class Action Firm Encourages $hareholders To Contact Monteverde Concerning The Merger—FBRX, LXFR, SMTI, and MKTX

  • argenx Announces Commencement of Tender Offer to Acquire Forte Biosciences, Inc.

  • $HAREHOLDER ALERT: The M&A Class Action Firm Continues To Investigate The Merger--FBRX, LXFR, SMTI, and MKTX

  • Are FBRX, LXFR, HUN, OLN Obtaining Fair Deals for their Shareholders?

  • $HAREHOLDER ALERT: The M&A Class Action Firm Continues To Investigate The Merger—FBRX, LXFR, SMTI, and MKTX

  • Halper Sadeh LLC is Investigating Whether FBRX and SAFT are Obtaining Fair Deals for their Shareholders

  • Forte Biosciences Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Forte Biosciences, Inc. - FBRX

  • Are FBRX, ACA, BGMS Obtaining Fair Deals for their Shareholders?

  • $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Forte Biosciences, Inc. (NASDAQ: FBRX)

  • Forte Biosciences shares surge after argenx agrees to acquire company for $2.2B

  • Argenx Secures Promising Autoimmune Drug In Forte Biosciences Takeover

  • Dow Jones still green but Nasdaq slips to start 'massive week' as oil tumbles