NASDAQ · FDMTHealthcareBiotechnology

4D Molecular Therapeutics financials

$14.49−0.48%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
FY21
Dec 31
FY20
Dec 31
Revenue$85.2M$37.0K$20.7M$3.1M$18.0M$13.6M
Gross profit$85.2M$37.0K$20.7M$3.1M$18.0M$13.6M
Gross margin100.0%100.0%100.0%100.0%100.0%100.0%
Operating income-$159.5M-$187.8M-$112.9M-$110.0M-$71.3M-$56.7M
Net income-$140.1M-$160.9M-$100.8M-$107.5M-$71.3M-$56.7M
Net margin−164.4%−434778.4%−486.6%−3435.4%−395.4%−416.5%
Diluted EPS$-2.42$-2.98$-2.58$-3.32$-2.57$-8.82
EBITDA-$154.9M-$183.2M-$108.7M-$106.1M-$69.8M-$55.2M
Operating cash flow-$109.1M-$134.6M-$75.8M-$86.7M-$69.1M-$50.9M
Free cash flow-$109.6M-$138.4M-$78.6M-$98.2M-$78.2M-$51.9M
Diluted shares57.9M53.9M39.1M32.4M27.7M6.4M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31Dec 31Dec 31
Cash & equivalents$60.2M$149.3M$249.1M$52.4M$153.0M$276.7M
Short-term investments$342.4M$275.5M$39.1M$161.2M$94.8M$0.00
Total debt$0.00$0.00$0.00$0.00$0.00$0.00
Total assets$566.7M$560.4M$339.9M$261.8M$353.5M$288.3M
Total liabilities$61.0M$49.8M$32.1M$30.5M$34.4M$31.9M
Shareholders' equity$505.7M$510.6M$307.8M$231.3M$319.1M$256.4M

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology