Fulcrum Therapeutics Inc $FULC

Health Care

$3.68
-0.02 (-0.54%)
As of Oct 22, 2026, 9:31 PM EDT
Price history
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Fulcrum Therapeutics Inc (FULC) is trading down at $3.68 (-0.54%), as of the latest quote. It is a Russell 2000 constituent in the Health Care sector.

IPO: July 18, 2019 · $16.00 offering · NASDAQ · View IPO details →

Fulcrum Therapeutics Inc revenue & net income history (FY2018–FY2025)

RevenueNet incomeNet margin (right axis, %)
$80.0M−$14.9M−$109.9MFY2018 net income: −$32.6M'18FY2019 net income: −$82.7M'19FY2020 revenue: $8.82MFY2020 net income: −$70.8M · Net margin −802.7%'20FY2021 revenue: $19.2MFY2021 net income: −$80.8M · Net margin −421.9%'21FY2022 revenue: $6.34MFY2022 net income: −$109.9M · Net margin −1732.4%'22FY2023 revenue: $2.81MFY2023 net income: −$97.3M · Net margin −3470.1%'23FY2024 revenue: $80.0MFY2024 net income: −$9.72M · Net margin −12.2%'24FY2025 revenue: $0FY2025 net income: −$74.9M'25−100%−50%0%50%FY2020 net margin: −802.7% (off the scale, which stops at −100.0%)FY2021 net margin: −421.9% (off the scale, which stops at −100.0%)FY2022 net margin: −1732.4% (off the scale, which stops at −100.0%)FY2023 net margin: −3470.1% (off the scale, which stops at −100.0%)FY2024 net margin: −12.2%
Fulcrum Therapeutics Inc annual financial statements
FY2018Dec 2018FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue——$8.82M$19.2M$6.34M$2.81M$80.0M$0
Growth (year over year)———+117.2%−66.9%−55.8%+2752.0%−100.0%
Operating income−$33.5M−$84.2M−$71.6M−$81.1M−$112.6M−$110.7M−$21.9M−$84.8M
Operating margin——−811.6%−423.0%−1774.9%−3945.2%−27.4%—
Net income−$32.6M−$82.7M−$70.8M−$80.8M−$109.9M−$97.3M−$9.72M−$74.9M
Net margin——−802.7%−421.9%−1732.4%−3470.1%−12.2%—
EPS (diluted)−$31.14−$8.13−$2.79−$2.29−$2.44−$1.59−$0.16−$1.18
Balance sheet
Cash and equivalents$72.8M$96.7M$57.1M$35.4M$35.1M$25.6M$58.2M$197.5M
Total assets$85.8M$110.4M$129.6M$235.0M$226.7M$257.7M$260.7M$366.3M
Total liabilities$9.77M$23.3M$34.4M$23.5M$27.7M$22.5M$17.7M$17.3M
Shareholders' equity−$63.7M$87.2M$95.2M$211.5M$198.9M$235.2M$243.0M$349.0M
Cash flow
Operating cash flow−$22.6M−$39.5M−$53.7M−$78.5M−$97.0M−$91.0M−$2.22M−$60.1M
Capital expenditure$8.98M$853.0K$1.34M$1.71M$1.96M$508.0K$278.0K$314.0K
Free cash flow−$31.5M−$40.3M−$55.0M−$80.2M−$99.0M−$91.5M−$2.50M−$60.4M

From Fulcrum Therapeutics Inc's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About Fulcrum Therapeutics Inc

Headquarters
Cambridge, Massachusetts From SEC filings, Oct 2026

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