4D Molecular Therapeutics, Inc.

4D Molecular Therapeutics, Inc.

FDMT
4D Molecular Therapeutics, Inc.US flagNASDAQ Global Select
11.73
USD
+0.64
- -
612.94MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.39
1.13
0.47
2.12
0.65
0.1
0.53
- -
1.47
1.47
Basic EPS, GAAP
-0.76
-0.76
-3.32
-8.82
-2.57
-3.32
-2.58
-2.98
-2.42
-2.68
Free Cash Flow per Basic Share
0.52
-1.33
-2.69
-8.07
-2.82
-3.04
-2.01
-2.57
-1.89
-2.15
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.38
-2.4
-5.33
-21.1
-7.46
-9.72
-10.61
-10.68
-12.36
-13.08
Tangible Book Value per Share
-1.32
-2.2
-4.92
39.87
11.51
7.15
7.87
9.47
8.73
7.53
Basic Weighted Avg Shares
15
13
15
6
28
32
39
54
58
60
Sales/Revenue/Turnover
6
14
7
14
18
3
21
- -
85
88
Operating Margin (%)
-194.68
-73.6
-653.12
-416.28
-395.46
-3,516.52
-544.65
-507,678.38
-187.24
-203.47
Depreciation Expense
1
1
1
1
3
4
6
7
8
8
Net Income, GAAP
-11
-10
-49
-57
-71
-107
-101
-161
-140
-161
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-193.83
-67.59
-705.78
-416.49
-395.37
-3,435.41
-486.59
-434,778.38
-164.43
-182.34
Working Capital
19
86
40
266
240
205
278
406
369
362
LT Debt
- -
- -
- -
- -
15
13
12
19
16
15
Total Equity
-20
-28
-73
256
319
231
308
511
506
452
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
6
6
5
LT Borrowings
- -
- -
- -
LT Finance Leases
17
16
15
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
58
52
Market Capitalization
486
419
559

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
312
413
405
Cash, Cash Equivalents & STI
305
403
391
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
37
44
43
Payables & Accruals
31
38
38
ST Debt
6
6
5
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
18.99%
-0.97%
Free Cash Flow
- -
22.32%
-20.78%
Net Income, GAAP
- -
23.39%
-12.9%
Sales/Revenue/Turnover
- -
46,121.39%
230,194.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
85
85
2026
3
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.66
-0.63
-0.79
- -
-2.98
2025
-0.86
-0.98
-1.01
- -
-2.42
2026
-1.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChatGPT
CEO
David H. Kirn
Full Time Employees
196
Sector
Healthcare
Industry
Biotechnology
Address
5858 Horton Street EmeryVille CA United States of America 94608
IPO Date
Dec 11, 2020
Business
4D Molecular Therapeutics, Inc., founded in 2013 and headquartered in Emeryville, California, is a late-stage biotechnology company specializing in the design, development, and commercialization of gene therapies using proprietary adeno-associated virus (AAV) vectors. The company focuses on creating durable and disease-targeted genetic medicines for serious unmet medical conditions, with clinical programs primarily in ophthalmology and pulmonology. Its core products and pipeline include 4D-150, a Phase III candidate designed for multi-year sustained delivery of anti-VEGF agents to treat wet age-related macular degeneration and diabetic macular edema; 4D-710, an investigational therapy for cystic fibrosis lung disease using its A101 vector platform; and other programs such as 4D-175, 4D-725, and 4D-310 targeting geographic atrophy, alpha-1 antitrypsin deficiency, and other diseases. The company's proprietary technology platform, Therapeutic Vector Evolution, enables the invention of customized AAV vectors optimized for specific tissues and clinical administration routes while minimizing immune response, aiming to treat both rare genetic disorders and larger market diseases. 4D Molecular Therapeutics operates primarily in the United States but also engages in global collaborations and partnerships. It targets patients with genetic diseases that currently lack effective treatment options. Recent major developments include a strategic collaboration and licensing agreement with Pfizer focused on cardiac gene therapy vector discovery, which involves Pfizer's equity investment and milestone payments. In 2025, the company secured approximately $100 million through a common stock offering to support its clinical programs and pipeline advancement. Additionally, 4D Molecular Therapeutics gained alignment with the FDA to lift a clinical hold on its Phase 1/2 trial for 4D-310, and it obtained up to $11 million more funding from the Cystic Fibrosis Foundation to accelerate development of 4D-710. These initiatives represent significant operational progress and financial strengthening for advancing its gene therapy portfolio toward commercialization.

Company News

APIChatGPT
  • 4D Molecular: 'Buy' Wet-AMD Study Readouts 2027 And DME Expansion Opportunity

  • 4DMT Announces Positive 2-Year Data from PRISM Phase 2b Clinical Trial in a Broad Wet AMD Population

  • 4DMT Announces New Employment Inducement Grants

  • 4DMT Announces Presentation at 44th Annual Scientific Meeting of the American Society of Retina Specialists

  • 4DMT Completes Enrollment for 4FRONT-2 Global Phase 3 Clinical Trial of 4D-150 in Wet AMD

  • 4DMT Secures Strategic Credit Facility for up to $200 Million from Hercules Capital

  • Strength Seen in 4D Molecular Therapeutics (FDMT): Can Its 7.9% Jump Turn into More Strength?

  • 4DMT Announces New Employment Inducement Grants

  • 4D Molecular Therapeutics, Inc. (FDMT) Presents at Goldman Sachs 47th Annual Global Healthcare Conference 2026 Transcript

  • 4D Molecular Therapeutics, Inc. (FDMT) Presents at Jefferies Global Healthcare Conference 2026 Transcript

  • 4DMT to Participate in Upcoming Investor Conferences

  • 4D Molecular Therapeutics, Inc. (FDMT) Presents at RBC Capital Markets Global Healthcare Conference 2026 Transcript

  • 4D Molecular Therapeutics Touts Rapid Phase 3 Momentum for Retinal Gene Therapy

  • 4DMT Announces New Employment Inducement Grants

  • 4D Molecular Therapeutics, Inc. (FDMT) Presents at Bank of America Global Healthcare Conference 2026 Transcript

  • 4D Molecular Therapeutics, Inc. (FDMT) Reports Q1 Loss, Lags Revenue Estimates

  • 4DMT Reports First Quarter 2026 Financial Results, Operational Highlights and Expected Upcoming Milestones

  • 4DMT to Participate in Upcoming Investor Conferences

  • 4DMT Announces New Employment Inducement Grants

  • 4D Molecular Therapeutics (NASDAQ:FDMT) versus TransCode Therapeutics (NASDAQ:RNAZ) Head-To-Head Contrast