Fathom Holdings Inc Financials
This page shows Fathom Holdings Inc (FTHM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Fathom Holdings Inc has an operating margin of -3.7%, meaning the company retains $-4 of operating profit per $100 of revenue. This below-average margin results in a low score of 14/100, suggesting thin profitability after operating expenses. This is up from -7.0% the prior year.
Fathom Holdings Inc's revenue surged 25.4% year-over-year to $420.5M, reflecting rapid business expansion. This strong growth earns a score of 76/100.
Fathom Holdings Inc carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Fathom Holdings Inc's current ratio of 1.06 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 16/100, which could limit financial flexibility.
While Fathom Holdings Inc generated -$20.5M in operating cash flow, capex of $121K consumed most of it, leaving -$20.7M in free cash flow. This results in a low score of 13/100, reflecting heavy capital investment rather than weak cash generation.
Fathom Holdings Inc generates a -54.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -48.3% the prior year.
Fathom Holdings Inc passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Fathom Holdings Inc generates $1.01 in operating cash flow (-$20.5M OCF vs -$20.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Fathom Holdings Inc generated $420.5M in revenue in fiscal year 2025. This represents an increase of 25.4% from the prior year.
Fathom Holdings Inc's EBITDA was -$9.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 46.1% from the prior year.
Fathom Holdings Inc reported -$20.3M in net income in fiscal year 2025. This represents an increase of 5.9% from the prior year.
Fathom Holdings Inc earned $-0.72 per diluted share (EPS) in fiscal year 2025. This represents an increase of 32.7% from the prior year.
Cash & Balance Sheet
Fathom Holdings Inc generated -$20.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 335.9% from the prior year.
Fathom Holdings Inc held $5.8M in cash against $80K in long-term debt as of fiscal year 2025.
Fathom Holdings Inc had 33M shares outstanding in fiscal year 2025. This represents an increase of 44.2% from the prior year.
Margins & Returns
Fathom Holdings Inc's operating margin was -3.7% in fiscal year 2025, reflecting core business profitability. This is up 3.3 percentage points from the prior year.
Fathom Holdings Inc's net profit margin was -4.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.6 percentage points from the prior year.
Fathom Holdings Inc's ROE was -54.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 5.9 percentage points from the prior year.
Capital Allocation
Fathom Holdings Inc invested $121K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 137.3% from the prior year.
FTHM Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $115.3M-5.0% | $121.4M+30.4% | $93.1M+1.5% | $91.7M+9.6% | $83.7M-6.1% | $89.2M+26.5% | $70.5M-4.8% | $74.1M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $8.3M+3.6% | $8.0M-7.8% | $8.6M+5.8% | $8.2M+1.4% | $8.1M-3.2% | $8.3M-7.4% | $9.0M-66.1% | $26.5M |
| Operating Income | -$4.0M-69.7% | -$2.4M+46.2% | -$4.4M+31.1% | -$6.4M+17.3% | -$7.8M-113.9% | -$3.6M+35.8% | -$5.7M+30.2% | -$8.1M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | -$105K-11.7% | -$94K |
| Income Tax | $24K-61.3% | $62K+264.7% | $17K+101.6% | -$1.1M-6276.5% | $17K+383.3% | -$6K-135.3% | $17K-81.7% | $93K |
| Net Income | -$4.4M-21.3% | -$3.6M+36.4% | -$5.6M+9.4% | -$6.2M+23.2% | -$8.1M-527.6% | -$1.3M+78.2% | -$5.9M+29.8% | -$8.4M |
| EPS (Diluted) | $-0.15-15.4% | $-0.13+45.8% | $-0.24 | N/A | $-0.40-471.4% | $-0.07+77.4% | $-0.31 | N/A |
FTHM Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $83.2M+3.5% | $80.4M-0.7% | $81.0M+7.5% | $75.4M-6.8% | $80.9M+0.9% | $80.2M+2.5% | $78.2M-1.3% | $79.3M |
| Current Assets | $37.5M+10.5% | $33.9M+10.3% | $30.8M+23.3% | $25.0M-28.7% | $35.0M+3.2% | $33.9M+52.2% | $22.3M-3.9% | $23.2M |
| Cash & Equivalents | $9.8M+100.0% | $4.9M-38.8% | $8.0M+11.9% | $7.1M-45.6% | $13.1M+25.5% | $10.4M+83.7% | $5.7M-23.2% | $7.4M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $8.1M+33.8% | $6.1M+93.9% | $3.1M-0.4% | $3.1M-2.0% | $3.2M-18.1% | $3.9M+30.8% | $3.0M-10.6% | $3.4M |
| Goodwill | $21.5M0.0% | $21.5M0.0% | $21.5M0.0% | $21.5M+11.1% | $19.3M0.0% | $19.3M-24.5% | $25.6M0.0% | $25.6M |
| Total Liabilities | $39.9M+0.3% | $39.7M+5.7% | $37.6M+22.4% | $30.7M-9.2% | $33.8M+24.9% | $27.1M+2.9% | $26.3M+9.5% | $24.0M |
| Current Liabilities | $26.6M-5.8% | $28.3M+8.9% | $26.0M+34.0% | $19.4M-14.4% | $22.6M+1.6% | $22.3M+25.1% | $17.8M+8.9% | $16.4M |
| Long-Term Debt | $5.1M0.0% | $5.1M0.0% | $5.1M0.0% | $5.1M0.0% | $5.1M+5492.3% | $91K-97.4% | $3.5M+0.7% | $3.5M |
| Total Equity | $43.4M+6.6% | $40.7M-6.3% | $43.4M-2.8% | $44.7M-5.2% | $47.1M-11.3% | $53.1M+2.3% | $51.9M-6.0% | $55.2M |
| Retained Earnings | -$106.8M-4.3% | -$102.4M-3.6% | -$98.8M-6.1% | -$93.2M-7.2% | -$86.9M-10.3% | -$78.8M-1.7% | -$77.5M-8.3% | -$71.6M |
FTHM Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.0M+151.2% | -$5.9M-3.6% | -$5.7M-1708.5% | -$317K+3.9% | -$330K+89.3% | -$3.1M-226.7% | -$947K+78.3% | -$4.4M |
| Capital Expenditures | $24K-17.2% | $29K+16.0% | $25K+400.0% | $5K-85.3% | $34K+209.1% | $11K+1000.0% | $1K0.0% | $1K |
| Free Cash Flow | $3.0M+150.5% | -$6.0M-3.6% | -$5.8M-1688.2% | -$322K+11.5% | -$364K+88.3% | -$3.1M-227.5% | -$948K+78.3% | -$4.4M |
| Investing Cash Flow | -$724K-122.2% | $3.3M+499.5% | -$815K+54.6% | -$1.8M-79.5% | -$1.0M-115.1% | $6.6M+1340.2% | -$535K-4.9% | -$510K |
| Financing Cash Flow | $2.5M+776.3% | -$367K-105.0% | $7.3M+286.9% | -$3.9M-198.6% | $4.0M+211.4% | $1.3M+1430.2% | -$96K-101.7% | $5.7M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
FTHM Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -3.5%-1.5pp | -2.0%+2.8pp | -4.8%+2.3pp | -7.0%+2.3pp | -9.3%-5.2pp | -4.1%+3.9pp | -8.0%+2.9pp | -10.9% |
| Net Margin | -3.8%-0.8pp | -3.0%+3.1pp | -6.1%+0.7pp | -6.8%+2.9pp | -9.7%-8.3pp | -1.5%+7.0pp | -8.4%+3.0pp | -11.4% |
| Return on Equity | -10.0%-1.2pp | -8.8%+4.2pp | -13.0%+1.0pp | -14.0%+3.3pp | -17.2%-14.8pp | -2.4%+9.0pp | -11.4%+3.9pp | -15.3% |
| Return on Assets | -5.2%-0.8pp | -4.5%+2.5pp | -7.0%+1.3pp | -8.3%+1.8pp | -10.0%-8.4pp | -1.6%+6.0pp | -7.6%+3.1pp | -10.7% |
| Current Ratio | 1.41+0.2 | 1.20+0.0 | 1.18-0.1 | 1.29-0.3 | 1.55+0.0 | 1.52+0.3 | 1.25-0.2 | 1.42 |
| Debt-to-Equity | 0.120.0 | 0.120.0 | 0.120.0 | 0.110.0 | 0.11+0.1 | 0.00-0.1 | 0.070.0 | 0.06 |
| FCF Margin | 2.6%+7.5pp | -4.9%+1.3pp | -6.2%-5.8pp | -0.4%+0.1pp | -0.4%+3.0pp | -3.5%-2.1pp | -1.3%+4.6pp | -5.9% |
Similar Companies
Frequently Asked Questions
What is Fathom Holdings Inc's annual revenue?
Fathom Holdings Inc (FTHM) reported $420.5M in total revenue for fiscal year 2025. This represents a 25.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Fathom Holdings Inc's revenue growing?
Fathom Holdings Inc (FTHM) revenue grew by 25.4% year-over-year, from $335.2M to $420.5M in fiscal year 2025.
Is Fathom Holdings Inc profitable?
No, Fathom Holdings Inc (FTHM) reported a net income of -$20.3M in fiscal year 2025, with a net profit margin of -4.8%.
What is Fathom Holdings Inc's EBITDA?
Fathom Holdings Inc (FTHM) had EBITDA of -$9.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Fathom Holdings Inc have?
As of fiscal year 2025, Fathom Holdings Inc (FTHM) had $5.8M in cash and equivalents against $80K in long-term debt.
What is Fathom Holdings Inc's operating margin?
Fathom Holdings Inc (FTHM) had an operating margin of -3.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Fathom Holdings Inc's net profit margin?
Fathom Holdings Inc (FTHM) had a net profit margin of -4.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Fathom Holdings Inc's return on equity (ROE)?
Fathom Holdings Inc (FTHM) has a return on equity of -54.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Fathom Holdings Inc's free cash flow?
Fathom Holdings Inc (FTHM) generated -$20.7M in free cash flow during fiscal year 2025. This represents a -335.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Fathom Holdings Inc's operating cash flow?
Fathom Holdings Inc (FTHM) generated -$20.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Fathom Holdings Inc's total assets?
Fathom Holdings Inc (FTHM) had $78.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Fathom Holdings Inc's capital expenditures?
Fathom Holdings Inc (FTHM) invested $121K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Fathom Holdings Inc's current ratio?
Fathom Holdings Inc (FTHM) had a current ratio of 1.06 as of fiscal year 2025, which is considered adequate.
What is Fathom Holdings Inc's debt-to-equity ratio?
Fathom Holdings Inc (FTHM) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Fathom Holdings Inc's return on assets (ROA)?
Fathom Holdings Inc (FTHM) had a return on assets of -26.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Fathom Holdings Inc's cash runway?
Based on fiscal year 2025 data, Fathom Holdings Inc (FTHM) had $5.8M in cash against an annual operating cash burn of $20.5M. This gives an estimated cash runway of approximately 3 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Fathom Holdings Inc's Piotroski F-Score?
Fathom Holdings Inc (FTHM) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Fathom Holdings Inc's earnings high quality?
Fathom Holdings Inc (FTHM) has an earnings quality ratio of 1.01x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Fathom Holdings Inc?
Fathom Holdings Inc (FTHM) scores 36 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.