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Fortress Biotech, Inc. (FBIOP) Stock Fundamental Analysis & AI Rating 2026

FBIOP Nasdaq Pharmaceutical Preparations DE CIK: 0001429260
Updated This Month • Analysis: Mar 24, 2026 • SEC Data: 2025-09-30
Combined AI Rating
SELL
80% Confidence
STRONG AGREEMENT
SELL
75% Conf
SELL
86% Conf

📊 FBIOP Key Takeaways

Revenue: $47.2M
Net Margin: 22.8%
Free Cash Flow: $-53.2M
Current Ratio: 2.19x
Debt/Equity: 0.86x
EPS: $0.14
AI Rating: SELL with 75% confidence
Fortress Biotech, Inc. (FBIOP) receives a SELL rating with 80% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $47.2M, net profit margin of 22.8%, and return on equity (ROE) of 19.2%, Fortress Biotech, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete FBIOP stock analysis for 2026.

Is Fortress Biotech, Inc. (FBIOP) a Good Investment?

Claude

Fortress Biotech exhibits severe operational losses (-138.7% operating margin) with negative free cash flow of -$53.2M, indicating the company is burning cash despite modest revenue growth of 4.6%. The disconnect between negative operating income and positive net income raises concerns about sustainability, and the company's cash runway will be critical to monitor given ongoing operational cash burn.

ChatGPT

Fortress Biotech shows weak core fundamentals: revenue growth is modest, gross margin is very low, and operating losses are extremely large relative to sales. The positive net income and ROE appear low quality given deeply negative operating cash flow and negative operating margin, suggesting earnings are being supported by non-core or non-cash items rather than durable business performance. Liquidity is currently adequate, but continued cash burn and weak interest coverage materially pressure the fundamental outlook.

Why Buy Fortress Biotech, Inc. Stock? FBIOP Key Strengths

Claude
  • + Strong liquidity position with $86.2M in cash and 2.19x current ratio providing near-term operational runway
  • + Positive net margin of 22.8% and growing net income (+17.7% YoY) suggest potential profitability improvement trajectory
  • + Moderate leverage at 0.86x debt-to-equity ratio with reasonable balance sheet structure
ChatGPT
  • + Solid liquidity with $86.22M in cash and a 2.19x current ratio
  • + Revenue is still growing modestly year over year
  • + Balance sheet leverage is not yet extreme with debt-to-equity at 0.86x

FBIOP Stock Risks: Fortress Biotech, Inc. Investment Risks

Claude
  • ! Severe operating losses of -$65.4M with operating margin of -138.7% indicating core business is unprofitable at scale
  • ! Significant negative free cash flow of -$53.2M (-112.8% FCF margin) means the company is burning through cash reserves at an unsustainable rate
  • ! Operating cash flow negative at -$53.2M while net income is positive suggests earnings quality concerns and potential non-cash gains masking operational deterioration
  • ! Cash burn rate of approximately $53M annually means current $86.2M cash balance provides less than 2 years of runway without achieving positive operations
ChatGPT
  • ! Core operations are highly unprofitable with a -138.7% operating margin
  • ! Cash generation is very weak with -$53.23M in operating cash flow and free cash flow
  • ! Interest coverage is negative, indicating debt servicing depends on external funding or non-operating income

Key Metrics to Watch

Claude
  • * Operating cash flow trend and path to cash flow breakeven
  • * Cash runway and burn rate relative to milestone achievements
  • * Operating margin progression and evidence of cost control initiatives
  • * Revenue growth acceleration needed to reach profitability at current cost structure
ChatGPT
  • * Operating cash flow burn relative to cash balance
  • * Gross margin and operating margin improvement

Fortress Biotech, Inc. (FBIOP) Financial Metrics & Key Ratios

Revenue
$47.2M
Net Income
$10.8M
EPS (Diluted)
$0.14
Free Cash Flow
$-53.2M
Total Assets
$181.4M
Cash Position
$86.2M

💡 AI Analyst Insight

Strong liquidity with a 2.19x current ratio provides a solid financial cushion.

FBIOP Profit Margin, ROE & Profitability Analysis

Gross Margin 7.4%
Operating Margin -138.7%
Net Margin 22.8%
ROE 19.2%
ROA 5.9%
FCF Margin -112.8%

FBIOP vs Healthcare Sector: How Fortress Biotech, Inc. Compares

How Fortress Biotech, Inc. compares to Healthcare sector averages

Net Margin
FBIOP 22.8%
vs
Sector Avg 12.0%
FBIOP Sector
ROE
FBIOP 19.2%
vs
Sector Avg 15.0%
FBIOP Sector
Current Ratio
FBIOP 2.2x
vs
Sector Avg 2.0x
FBIOP Sector
Debt/Equity
FBIOP 0.9x
vs
Sector Avg 0.6x
FBIOP Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Fortress Biotech, Inc. Stock Overvalued? FBIOP Valuation Analysis 2026

Based on fundamental analysis, Fortress Biotech, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
19.2%
Sector avg: 15%
Net Profit Margin
22.8%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.86x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Fortress Biotech, Inc. Balance Sheet: FBIOP Debt, Cash & Liquidity

Current Ratio
2.19x
Quick Ratio
1.97x
Debt/Equity
0.86x
Debt/Assets
64.1%
Interest Coverage
-8.11x
Long-term Debt
$47.8M

FBIOP Revenue & Earnings Growth: 5-Year Financial Trend

FBIOP 5-year financial data: Year 2021: Revenue $63.1M, Net Income -$46.5M, EPS N/A. Year 2022: Revenue $71.0M, Net Income -$64.7M, EPS $-0.79. Year 2023: Revenue $71.0M, Net Income -$86.6M, EPS $-15.97. Year 2024: Revenue $59.7M, Net Income -$60.6M, EPS $-8.47. Year 2025: Revenue $61.2M, Net Income -$46.0M, EPS $-2.69.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Fortress Biotech, Inc.'s revenue has remained relatively flat over the 5-year period, with a 3% decline. The most recent EPS of $-2.69 indicates the company is currently unprofitable.

FBIOP Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-112.8%
Free cash flow / Revenue

FBIOP Quarterly Earnings & Performance

Quarterly financial performance data for Fortress Biotech, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $14.6M $5.9M $0.11
Q2 2025 $14.9M $4.9M $0.02
Q1 2025 $13.0M -$10.6M $-0.48
Q3 2024 $14.6M -$5.0M $-0.76
Q2 2024 $14.9M -$10.9M $-0.73
Q1 2024 $12.2M -$15.4M N/A
Q3 2023 $15.3M -$5.0M $-0.94
Q2 2023 $17.0M -$21.4M $-0.24

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Fortress Biotech, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$53.2M
Cash generated from operations
Dividends Paid
$498.0K
Returned to shareholders

FBIOP SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Fortress Biotech, Inc. (CIK: 0001429260)

📋 Recent SEC Filings

Date Form Document Action
Apr 1, 2026 4 xslF345X06/form4-04012026_040401.xml View →
Mar 31, 2026 10-K fbio-20251231x10k.htm View →
Mar 31, 2026 8-K fbio-20260331x8k.htm View →
Mar 30, 2026 8-K fbio-20260330x8k.htm View →
Mar 20, 2026 4 xslF345X06/form4-03202026_040304.xml View →

Frequently Asked Questions about FBIOP

What is the AI rating for FBIOP?

Fortress Biotech, Inc. (FBIOP) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are FBIOP's key strengths?

Claude: Strong liquidity position with $86.2M in cash and 2.19x current ratio providing near-term operational runway. Positive net margin of 22.8% and growing net income (+17.7% YoY) suggest potential profitability improvement trajectory. ChatGPT: Solid liquidity with $86.22M in cash and a 2.19x current ratio. Revenue is still growing modestly year over year.

What are the risks of investing in FBIOP?

Claude: Severe operating losses of -$65.4M with operating margin of -138.7% indicating core business is unprofitable at scale. Significant negative free cash flow of -$53.2M (-112.8% FCF margin) means the company is burning through cash reserves at an unsustainable rate. ChatGPT: Core operations are highly unprofitable with a -138.7% operating margin. Cash generation is very weak with -$53.23M in operating cash flow and free cash flow.

What is FBIOP's revenue and growth?

Fortress Biotech, Inc. reported revenue of $47.2M.

Does FBIOP pay dividends?

Fortress Biotech, Inc. pays dividends, with $0.5M distributed to shareholders in the trailing twelve months.

Where can I find FBIOP SEC filings?

Official SEC filings for Fortress Biotech, Inc. (CIK: 0001429260) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FBIOP's EPS?

Fortress Biotech, Inc. has a diluted EPS of $0.14.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is FBIOP a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Fortress Biotech, Inc. has a SELL rating with 80% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is FBIOP stock overvalued or undervalued?

Valuation metrics for FBIOP: ROE of 19.2% (sector avg: 15%), net margin of 22.8% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.

Should I buy FBIOP stock in 2026?

Our dual AI analysis gives Fortress Biotech, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is FBIOP's free cash flow?

Fortress Biotech, Inc.'s operating cash flow is $-53.2M, with capital expenditures of $0.0. FCF margin is -112.8%.

How does FBIOP compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin 22.8% (avg: 12%), ROE 19.2% (avg: 15%), current ratio 2.19 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 24, 2026 | Data as of: 2025-09-30 | Powered by Claude AI