Fulcrum Therapeutics, Inc.

Fulcrum Therapeutics, Inc.

FULC
Fulcrum Therapeutics, Inc.US flagNASDAQ Global Market
3.85
USD
+0.01
- -
293.74MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
0.35
0.54
0.14
0.05
1.29
- -
- -
Basic EPS, GAAP
-2.32
-2.31
-8.13
-2.79
-2.29
-2.44
-1.59
-0.16
-1.18
-1.21
Free Cash Flow per Basic Share
-2.01
-1.86
-3.65
-2.17
-2.27
-2.2
-1.49
-0.04
-0.95
-0.94
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.43
-2.73
3.85
3.41
5.21
3.82
3.8
4.5
5.24
4.07
Tangible Book Value per Share
-1.43
-2.73
3.85
3.41
5.21
3.82
3.8
4.5
5.24
4.07
Basic Weighted Avg Shares
11
17
11
25
35
45
61
62
63
70
Sales/Revenue/Turnover
- -
- -
- -
9
19
6
3
80
- -
- -
Operating Margin (%)
- -
- -
- -
-811.64
-422.97
-1,768.12
-3,945.24
-24.79
- -
- -
Depreciation Expense
1
1
2
2
3
2
2
2
1
1
Net Income, GAAP
-23
-33
-83
-71
-81
-110
-97
-10
-75
-85
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
-802.66
-421.89
-1,732.43
-3,470.05
-12.16
- -
- -
Working Capital
-1
70
88
93
207
191
229
239
344
313
LT Debt
- -
- -
- -
- -
- -
11
9
6
4
3
Total Equity
1
76
87
95
212
199
235
243
349
311
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
-77.68
-52.72
-53.53
-44.84
-4.07
-25.3
-32.38

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2
2
3
LT Borrowings
- -
- -
- -
LT Finance Leases
4
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
67
67
76
Market Capitalization
753
511
279

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
357
339
323
Cash, Cash Equivalents & STI
352
333
319
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
13
10
10
Payables & Accruals
10
7
7
ST Debt
2
2
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
36.29%
43.6%
Free Cash Flow
- -
456.68%
2,319.03%
Net Income, GAAP
- -
123.72%
669.97%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
80
- -
- -
80
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.43
0.89
-0.35
-0.31
-0.16
2025
-0.28
-0.28
-0.31
-0.31
-1.18
2026
-0.25
-0.34
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

CEO
Alexander C. Sapir
Full Time Employees
9
Sector
Healthcare
Industry
Biotechnology
Address
26 Landsdowne Street Cambridge MA United States of America 02139
IPO Date
Jul 18, 2019
Business
Fulcrum Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing small molecule therapeutics that modulate gene expression to treat genetically defined rare diseases. The company’s product portfolio includes its lead candidate, pociredir, an oral fetal hemoglobin inducer in Phase 1b clinical trials for the treatment of sickle cell disease (SCD) and beta-thalassemia. Fulcrum also develops losmapimod, an oral small molecule for facioscapulohumeral muscular dystrophy (FSHD). The company is advancing additional early-stage programs targeting bone marrow failure syndromes including Diamond-Blackfan anemia, 5q deletion syndrome, Shwachman-Diamond syndrome, and Fanconi anemia. Fulcrum’s drug candidates aim to address the root genetic causes of these diseases through gene expression modulation. Founded in 2016 and headquartered in Cambridge, Massachusetts, Fulcrum operates primarily in the United States but has established a significant global partnership with Sanofi for the development and commercialization of losmapimod outside the U.S. This strategic alliance, formed in 2024, includes an upfront payment of $80 million to Fulcrum and potential milestone payments over $975 million, with shared global development costs and tiered royalties. Fulcrum retains U.S. commercialization rights while leveraging Sanofi’s global commercial infrastructure for markets beyond the U.S. Recent company developments include promising clinical results announced in 2025 from the Phase 1b PIONEER trial of pociredir, showing dose-dependent increases in fetal hemoglobin with good safety and tolerability profiles, positioning pociredir as a potential transformative once-daily oral therapy for SCD. Enrollment for a higher-dose cohort has been completed with data expected by year-end 2025. Fulcrum is also preparing to submit an investigational new drug application (IND) in late 2025 for its programs targeting bone marrow failure syndromes. The company ended the third quarter of 2025 with over $200 million in cash, ensuring operational stability through 2028. Fulcrum’s core business segments encompass rare genetic and neuromuscular diseases, with an emphasis on developing disease-modifying therapies through precision small molecule approaches. Its pipeline reflects a focus on rare diseases with high unmet medical need, leveraging proprietary technology to identify targets for gene expression modulation and provide meaningful clinical benefits. This comprehensive approach positions Fulcrum Therapeutics as a specialized biopharmaceutical innovator advancing treatments for genetically defined rare diseases with a robust clinical pipeline and strategic global partnerships driving its commercialization efforts.

Company News

  • Kaplan Fox Advises Investors of Fulcrum Therapeutics, Inc. (FULC) to Contact the Firm Regarding a Securities Investigation

  • BlackRock Inc. Acquires Shares of 8,824,259 Fulcrum Therapeutics, Inc. $FULC

  • Kaplan Fox Notifies Investors of Fulcrum Therapeutics, Inc. (FULC) of a Securities Law Investigation

  • Are UTZ, VCTR, FULC, CZR Obtaining Fair Deals for their Shareholders?

  • Kaplan Fox Encourages Fulcrum Therapeutics, Inc. (FULC) Investors to Contact the Firm Regarding a Securities Investigation

  • Kaplan Fox Alerts Investors of Fulcrum Therapeutics, Inc. (FULC) to a Securities Law Investigation

  • BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Fulcrum Therapeutics, Inc. (Nasdaq – FULC), Weave Communications, Inc. (NYSE – WEAV), Iridium Communications Inc. (Nasdaq – IRDM), Bio-Techne Corporation (Nasdaq – TECH)

  • Kaplan Fox Announces an Investigation into Fulcrum Therapeutics, Inc. (FULC) on Behalf of Investors

  • $HAREHOLDER ALERT: The M&A Class Action Firm Announce the Investigation of the Merger - HOWL, HZO, TYFG and FULC

  • Halper Sadeh LLC is Investigating Whether WEAV and FULC are Obtaining Fair Deals for their Shareholders

  • Fulcrum Therapeutics Investor Alert: Kahn Swick & Foti, LLC Investigates Merger of Fulcrum Therapeutics, Inc. - FULC

  • Fulcrum Therapeutics Investor Alert: Kahn Swick & Foti, LLC Investigates Merger of Fulcrum Therapeutics, Inc. - FULC

  • Kaplan Fox Encourages Investors of Fulcrum Therapeutics, Inc. (FULC) to Contact the Firm to Learn About Their Legal Rights

  • Fulcrum Therapeutics Merges With Slate in $245M Migraine Biotech Deal

  • Are MITT, ARX, HHS, FULC Obtaining Fair Deals for their Shareholders?

  • Are MITT, ARX, HHS, FULC Obtaining Fair Deals for their Shareholders?

  • Shareholder Alert: Ademi LLP investigates whether Fulcrum Therapeutics, Inc. is obtaining a Fair Price for Public Shareholders

  • Shareholder Alert: Ademi LLP investigates whether Fulcrum Therapeutics, Inc. is obtaining a Fair Price for Public Shareholders

  • Kaplan Fox is Investigating Fulcrum Therapeutics, Inc. (FULC) for Potential Violations of the Federal Securities Laws

  • Fulcrum Therapeutics Merges With Slate in $245M Migraine Biotech Deal