4D Molecular Therapeutics, Inc. financials
Source: EDGAR filings · Built 2026-06-02T02:59:35Z
Custom taxonomy namespace:
ffd
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -109.62M | -138.37M | -78.56M | -98.22M | -78.24M | -51.91M |
| EBITDA | -154.85M | -183.19M | -108.66M | -107.63M | -69.81M | -55.22M |
| Working Capital | 369.15M | 405.78M | 277.64M | 204.78M | 239.94M | 265.91M |
| Net Debt | -38.83M | -124.73M | -234.44M | -36.23M | -136.55M | -276.73M |
| Operating Margin | -187.24% | -507678.38% | -544.65% | -3516.52% | -395.46% | -424.04% |
| Net Margin | -164.43% | -434778.38% | -486.59% | -3435.41% | -395.37% | -424.25% |
| Return on Equity (ROE) | -27.71% | -31.51% | -32.76% | -46.47% | -22.35% | -22.11% |
| Return on Assets (ROA) | -24.72% | -28.71% | -29.67% | -41.05% | -20.18% | -19.66% |
| Current Ratio | 9.39× | 14.92× | 15.65× | 14.02× | 15.69× | 16.88× |
| Debt-to-Equity | 0.04× | 0.05× | 0.05× | 0.07× | 0.05× | 0.00× |
| Cash Conversion Ratio | 0.78× | 0.84× | 0.75× | 0.81× | 0.97× | 0.90× |
| Accruals Ratio | -0.05× | -0.05× | -0.07× | -0.08× | -0.01× | -0.02× |
| SBC % of Revenue | 25.84% | 70583.78% | 94.89% | 547.17% | 76.50% | 37.30% |
| CapEx Coverage | -203.51× | -35.55× | -27.35× | -7.51× | -7.59× | -50.91× |
| Free Cash Flow Per Share | $-1.89 | $-2.57 | $-2.01 | $-3.04 | $-2.82 | $-8.07 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 85.21M | 37.00K | 20.72M | 3.13M | 18.04M | 13.36M |
| Revenues | 85.21M | 37.00K | 20.72M | 3.13M | 18.04M | 13.61M |
| Operating Expenses | 244.76M | 187.88M | 133.59M | 113.16M | 89.37M | 70.28M |
| Operating Income (Loss) | -159.55M | -187.84M | -112.87M | -110.03M | -71.33M | -56.66M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -140.11M | -160.87M | -100.84M | -107.49M | -71.32M | -56.69M |
| Earnings Per Share, Basic | $-2.42 | $-2.98 | $-2.58 | $-3.32 | $-2.57 | — |
| Weighted Average Number of Shares Outstanding, Basic | 57.93M | 53.94M | 39.13M | 32.35M | 27.73M | — |
| Earnings Per Share, Diluted | $-2.42 | $-2.98 | $-2.58 | $-3.32 | $-2.57 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 57.93M | 53.94M | 39.13M | 32.35M | 27.73M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 60.24M | 149.34M | 249.11M | 52.35M | 153.00M | 276.73M |
| Assets, Current | 413.13M | 434.93M | 296.59M | 220.51M | 256.28M | 282.66M |
| Assets | 566.71M | 560.38M | 339.89M | 261.85M | 353.49M | 288.33M |
| Liabilities, Current | 43.98M | 29.15M | 18.95M | 15.73M | 16.34M | 16.74M |
| Liabilities | 61.05M | 49.78M | 32.06M | 30.51M | 34.38M | 31.94M |
| Stockholders' Equity Attributable to Parent | 505.66M | 510.61M | 307.83M | 231.34M | 319.11M | 256.39M |
| Common Stock, Shares, Outstanding | 57.61M | 45.79M | 43.08M | 32.63M | 32.22M | 26.68M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -109.08M | -134.59M | -75.79M | -86.69M | -69.13M | -50.91M |
| Payments to Acquire Property, Plant, and Equipment | 536.00K | 3.79M | 2.77M | 11.54M | 9.11M | 1.00M |
| Net Cash Provided by (Used in) Investing Activities | -92.97M | -302.44M | 115.72M | -17.05M | -172.68M | -1.00M |
| Net Cash Provided by (Used in) Financing Activities | 112.96M | 337.25M | 156.83M | 3.08M | 118.09M | 278.98M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | 28.62M | -138.24M | -91.83M | -48.39M | -46.81M |
| EBITDA | -72.35M | 15.93M | — | — | -52.57M | -55.02M |
| Working Capital | 361.96M | 369.15M | 275.27M | 268.61M | 305.67M | 405.78M |
| Net Debt | -51.95M | -38.83M | -26.29M | -54.08M | -109.67M | -124.73M |
| Operating Margin | -2416.15% | 17.29% | -67983.33% | -396373.33% | -383007.14% | -5611700.00% |
| Net Margin | -2256.65% | 22.80% | -63195.56% | -364386.67% | -342657.14% | -4967100.00% |
| Return on Equity (ROE) | -15.22% | 3.84% | -15.41% | -12.99% | -10.21% | -9.73% |
| Return on Assets (ROA) | -13.41% | 3.42% | -13.41% | -11.54% | -9.30% | -8.86% |
| Current Ratio | 9.34× | 9.39× | 8.42× | 8.75× | 12.36× | 14.92× |
| Debt-to-Equity | 0.05× | 0.04× | 0.06× | 0.05× | 0.05× | 0.05× |
| Cash Conversion Ratio | 0.99× | 1.47× | 2.42× | 1.67× | 1.00× | 0.92× |
| Accruals Ratio | -0.00× | -0.02× | 0.19× | 0.08× | -0.00× | -0.01× |
| SBC % of Revenue | 146.14% | 6.53% | 18292.22% | 79626.67% | 49900.00% | 757800.00% |
| CapEx Coverage | — | -407.87× | -227.12× | -130.75× | -75.69× | -48.33× |
| Free Cash Flow Per Share | — | $0.49 | $-2.46 | $-1.64 | $-0.87 | $-0.87 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 3.05M | 85.09M | 90.00K | 15.00K | 14.00K | 1.00K |
| Revenues | 3.05M | — | — | — | 14.00K | 1.00K |
| Operating Expenses | 76.67M | 70.38M | 61.27M | 59.47M | 53.63M | 56.12M |
| Operating Income (Loss) | -73.62M | 14.71M | -61.19M | -59.46M | -53.62M | -56.12M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -68.76M | 19.40M | -56.88M | -54.66M | -47.97M | -49.67M |
| Earnings Per Share, Basic | $-1.01 | $0.43 | $-1.01 | $-0.98 | $-0.86 | $-0.90 |
| Weighted Average Number of Shares Outstanding, Basic | 68.06M | 57.93M | 56.13M | 55.93M | 55.74M | 53.94M |
| Earnings Per Share, Diluted | $-1.01 | $0.43 | $-1.01 | $-0.98 | $-0.86 | $-0.90 |
| Weighted Average Number of Shares Outstanding, Diluted | 68.06M | 57.93M | 56.13M | 55.93M | 55.74M | 53.94M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 72.49M | 60.24M | 48.55M | 77.16M | 133.53M | 149.34M |
| Assets, Current | 405.36M | 413.13M | 312.38M | 303.29M | 332.57M | 434.93M |
| Assets | 512.90M | 566.71M | 423.98M | 473.64M | 515.73M | 560.38M |
| Liabilities, Current | 43.40M | 43.98M | 37.11M | 34.68M | 26.90M | 29.15M |
| Liabilities | 61.07M | 61.05M | 55.00M | 52.75M | 46.01M | 49.78M |
| Stockholders' Equity Attributable to Parent | 451.84M | 505.66M | 368.98M | 420.89M | 469.72M | 510.61M |
| Common Stock, Shares, Outstanding | 52.27M | 57.61M | 46.77M | 46.70M | 46.32M | 45.79M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -68.13M | 28.55M | -137.63M | -91.14M | -47.76M | -45.86M |
| Payments to Acquire Property, Plant, and Equipment | — | -70.00K | 606.00K | 697.00K | 631.00K | 949.00K |
| Net Cash Provided by (Used in) Investing Activities | 68.89M | -128.85M | 35.87M | 18.10M | 31.95M | 7.06M |
| Net Cash Provided by (Used in) Financing Activities | 11.48M | 111.98M | 978.00K | 862.00K | 0 | 601.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (FDMT CIK 0001650648),
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concepts onto different statements in their own extension
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For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.