Fathom Holdings Inc Financials
Fathom Holdings Inc (FTHM) reported $406.9M in revenue over the twelve months to Jun 30, 2026, up 4.3% from the prior twelve months. This page shows its 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).
High-volume, low-margin operations looked better in FY2025, but cash generation still lagged and liquidity stayed tight.
After FY2024’s slowdown, revenue rebounded to$420.5M and operating margin improved to-3.7% , yet that better income statement did not turn into cash. Operating cash flow was-$20.5M even though capital spending was only$121K , so the deeper free-cash deficit was an operating funding gap, not a heavy reinvestment cycle.
The company looks asset-light: capital expenditures were just
Funding is coming more from equity than debt: long-term debt ended FY2025 at only
Financial Health Signals
Fathom Holdings Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Fathom Holdings Inc scores 3.07, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Fathom Holdings Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Fathom Holdings Inc reported a net loss of $20.3M while operations used $20.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
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 recorded an outflow of $20.7M in free cash flow in fiscal year 2025, representing a cash shortfall 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, with $33.9M of liabilities due within a year.
Not reported for fiscal year 2025.
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.
Not reported for fiscal year 2025.
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.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
FTHM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $114.6M+32.7% | $86.4M-4.6% | $90.6M-21.4% | $115.3M-5.0% | $121.4M+30.4% | $93.1M+1.5% | $91.7M+9.6% | $83.7M |
| SG&A Expenses | $9.1M-16.4% | $10.9M+32.9% | $8.2M-1.0% | $8.3M+3.6% | $8.0M-7.8% | $8.6M+5.8% | $8.2M+1.4% | $8.1M |
| Operating Income | -$4.3M+42.9% | -$7.6M-60.5% | -$4.7M-17.3% | -$4.0M-69.7% | -$2.4M+46.2% | -$4.4M+31.1% | -$6.4M+17.3% | -$7.8M |
| Income Tax | $22K+10.0% | $20K+211.1% | -$18K-175.0% | $24K-61.3% | $62K+264.7% | $17K+101.6% | -$1.1M-6276.5% | $17K |
| Net Income | -$6.2M+24.7% | -$8.2M-22.7% | -$6.7M-54.1% | -$4.4M-21.3% | -$3.6M+36.4% | -$5.6M+9.4% | -$6.2M+23.2% | -$8.1M |
| EPS (Diluted) | -$0.19+24.0% | -$0.25-19.0% | -$0.21-40.0% | -$0.15-15.4% | -$0.13+45.8% | -$0.24+17.2% | -$0.29+27.5% | -$0.40 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense.
FTHM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $73.4M+1.9% | $72.1M-7.6% | $78.0M-6.2% | $83.2M+3.5% | $80.4M-0.7% | $81.0M+7.5% | $75.4M-6.8% | $80.9M |
| Current Assets | $34.7M+12.0% | $30.9M-13.9% | $35.9M-4.2% | $37.5M+10.5% | $33.9M+10.3% | $30.8M+23.3% | $25.0M-28.7% | $35.0M |
| Cash & Equivalents | $4.5M+2.4% | $4.4M-24.2% | $5.8M+31.2% | $4.4M-9.8% | $4.9M-38.8% | $8.0M+37.5% | $5.8M-55.7% | $13.1M |
| Accounts Receivable | $5.9M+9.7% | $5.4M+45.6% | $3.7M-54.3% | $8.1M+33.8% | $6.1M+93.9% | $3.1M-0.4% | $3.1M-2.0% | $3.2M |
| Goodwill | $17.7M0.0% | $17.7M0.0% | $17.7M-17.8% | $21.5M0.0% | $21.5M0.0% | $21.5M0.0% | $21.5M+11.1% | $19.3M |
| Total Liabilities | $49.6M+17.1% | $42.4M+4.3% | $40.6M+1.9% | $39.9M+0.3% | $39.7M+5.7% | $37.6M+22.4% | $30.7M-9.2% | $33.8M |
| Current Liabilities | $44.8M+32.2% | $33.9M0.0% | $33.9M+27.2% | $26.6M-5.8% | $28.3M+8.9% | $26.0M+34.0% | $19.4M-14.4% | $22.6M |
| Long-Term Debt | $76K-96.4% | $2.1M+2506.3% | $80K-98.4% | $5.1M0.0% | $5.1M0.0% | $5.1M0.0% | $5.1M0.0% | $5.1M |
| Total Equity | $23.9M-19.8% | $29.7M-20.6% | $37.4M-13.7% | $43.4M+6.6% | $40.7M-6.3% | $43.4M-2.8% | $44.7M-5.2% | $47.1M |
| Retained Earnings | -$127.9M-5.1% | -$121.7M-7.3% | -$113.5M-6.3% | -$106.8M-4.3% | -$102.4M-3.6% | -$98.8M-6.1% | -$93.2M-7.2% | -$86.9M |
Not reported in any period shown, so not listed: Inventory.
FTHM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$4.5M-4409.1% | -$99K+99.2% | -$11.9M-491.8% | $3.0M+151.2% | -$5.9M-3.6% | -$5.7M-1708.5% | -$317K+3.9% | -$330K |
| Capital Expenditures | $47K+27.0% | $37K-14.0% | $43K+79.2% | $24K-17.2% | $29K+16.0% | $25K+400.0% | $5K-85.3% | $34K |
| Free Cash Flow | -$4.5M-3216.9% | -$136K+98.9% | -$11.9M-496.4% | $3.0M+150.5% | -$6.0M-3.6% | -$5.8M-1688.2% | -$322K+11.5% | -$364K |
| Investing Cash Flow | -$376K+28.1% | -$523K-122.7% | $2.3M+418.2% | -$724K-122.2% | $3.3M+499.5% | -$815K+54.6% | -$1.8M-79.5% | -$1.0M |
| Financing Cash Flow | $5.0M+720.5% | -$810K-114.5% | $5.6M+125.5% | $2.5M+776.3% | -$367K-105.0% | $7.3M+286.9% | -$3.9M-198.6% | $4.0M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
FTHM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -3.8%+5.0pp | -8.8%-3.6pp | -5.2%-1.7pp | -3.5%-1.5pp | -2.0%+2.8pp | -4.8%+2.3pp | -7.0%+2.3pp | -9.3% |
| Net Margin | -5.4%+4.1pp | -9.5%-2.1pp | -7.4%-3.6pp | -3.8%-0.8pp | -3.0%+3.1pp | -6.1%+0.7pp | -6.8%+2.9pp | -9.7% |
| Return on Equity | -26.0%+1.7pp | -27.7%-9.8pp | -17.9%-7.9pp | -10.0%-1.2pp | -8.8%+4.2pp | -13.0%+1.0pp | -14.0%+3.3pp | -17.2% |
| Return on Assets | -8.4%+3.0pp | -11.4%-2.8pp | -8.6%-3.4pp | -5.2%-0.8pp | -4.5%+2.5pp | -7.0%+1.3pp | -8.3%+1.8pp | -10.0% |
| Current Ratio | 0.77-0.1x | 0.91-0.1x | 1.06-0.3x | 1.41+0.2x | 1.200.0x | 1.18-0.1x | 1.29-0.3x | 1.55 |
| Debt-to-Equity | 0.00-0.1x | 0.07+0.1x | 0.00-0.1x | 0.120.0x | 0.120.0x | 0.120.0x | 0.110.0x | 0.11 |
| FCF Margin | -3.9%-3.8pp | -0.2%+13.0pp | -13.2%-15.8pp | 2.6%+7.5pp | -4.9%+1.3pp | -6.2%-5.8pp | -0.4%+0.1pp | -0.4% |
Not reported in any period shown, so not listed: Gross Margin.
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Where Fathom Holdings Inc Ranks
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) recorded an outflow of $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) recorded an outflow of $20.5M in operating cash flow during fiscal year 2025, representing cash used by 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.
How does Fathom Holdings Inc's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Fathom Holdings Inc (FTHM) held $5.8M in cash, cash equivalents and investments, and reported an operating cash outflow of $20.5M over that year. Dividing the one by the other, the reported balance equals about 3 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Fathom Holdings Inc's Altman Z-Score?
Fathom Holdings Inc (FTHM) has an Altman Z-Score of 3.07, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Fathom Holdings Inc's Piotroski F-Score?
Fathom Holdings Inc (FTHM) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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) reported a net loss of $20.3M while operations used $20.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.