4D Molecular Therapeutics, Inc.

4D Molecular Therapeutics, Inc.

FDMT
4D Molecular Therapeutics, Inc.US flagNASDAQ Global Select
12.29
USD
+0.15
- -
678.95MMarket 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
1.42
Basic EPS, GAAP
-0.76
-0.76
-3.32
-8.82
-2.57
-3.32
-2.58
-2.98
-2.42
-2.76
Free Cash Flow per Basic Share
0.52
-1.33
-2.69
-8.07
-2.82
-3.04
-2.01
-2.57
-1.89
-2.41
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.91
-1.28
-3.38
9.61
9.9
7.09
7.15
11.15
8.78
7.38
Tangible Book Value per Share
-0.91
-1.28
-3.38
9.61
9.9
7.09
7.15
11.15
8.78
7.38
Basic Weighted Avg Shares
15
13
15
6
28
32
39
54
58
65
Sales/Revenue/Turnover
6
14
7
14
18
3
21
- -
85
92
Operating Margin (%)
-194.68
-73.6
-653.12
-416.28
-395.46
-3,516.52
-544.65
-507,678.38
-187.24
-214.24
Depreciation Expense
1
1
1
1
3
4
6
7
8
8
Net Income, GAAP
-11
-10
-49
-57
-71
-107
-101
-161
-140
-179
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
-194.74
Working Capital
19
86
40
266
240
205
278
406
369
335
LT Debt
- -
- -
- -
- -
15
13
12
19
16
34
Total Equity
-20
-28
-73
256
319
231
308
511
506
408
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
-24.78
-39.06
-37.4
-39.31
-27.57
-43.25

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
6
5
5
LT Borrowings
- -
- -
20
LT Finance Leases
16
15
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
58
52
55
Market Capitalization
432
487
734

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
413
405
383
Cash, Cash Equivalents & STI
403
391
361
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
44
43
48
Payables & Accruals
38
38
38
ST Debt
6
5
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
4
- -
- -
- -

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
-1.04
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

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

Company Description

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

  • 4DMT Announces New Employment Inducement Grants

  • 4D Molecular Therapeutics, Inc. (NASDAQ:FDMT) Stock Has Average Price Target of $28.90

  • 4DMT to Host Investor Day on October 21, 2026

  • 4D Molecular: Reiterate 'Buy' With Wet AMD 4D-150 Program On Track And Phase 3 DME Trial Underway

  • 4DMT Advances 4D-150 into Phase 3 for Second Large Market Retina Indication with Initiation of 4SIGHT in DME

  • Scott Bizily Sells 1,635 Shares of 4D Molecular Therapeutics (NASDAQ:FDMT) Stock

  • 4D Molecular Therapeutics, Inc. (NASDAQ:FDMT) Receives $28.56 Average PT from Brokerages

  • 4D Molecular Therapeutics, Inc. (FDMT) Presents at 12th Annual Cantor Fitzgerald Global Healthcare Conference Transcript

  • 4D Molecular Therapeutics, Inc. (FDMT) Presents at Morgan Stanley 24th Annual Global Healthcare Conference Transcript

  • 4DMT Announces New Employment Inducement Grants

  • 4DMT to Participate in Upcoming Investor Conferences

  • 4D Molecular Therapeutics, Inc. $FDMT Stake Boosted by Bank of America Corp DE

  • Deutsche Bank AG Invests $9.46 Million in 4D Molecular Therapeutics, Inc. $FDMT

  • 4D Molecular Therapeutics (NASDAQ:FDMT) Sets New 12-Month High – Time to Buy?

  • 4DMT Announces New Employment Inducement Grants

  • 4D Molecular Therapeutics, Inc. (FDMT) Reports Q2 Loss, Tops Revenue Estimates

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

  • 10 Stock Picks to Celebrate 45 Years of Schaeffer's

  • 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