C4 Therapeutics, Inc.

C4 Therapeutics, Inc.

CCCCยทNASDAQ

$3.96

-8.8%
HealthcareBiotechnology

C4 Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops novel therapeutic candidates to degrade disease-causing proteins for the treatment of cancer, neurodegenerative conditions, and other diseases. Its lead product candidate is CFT7455, an orally bioavailable MonoDAC degrader of protein that is in Phase 1/2 trial targeting IKZF1 and IKZF3 for multiple myeloma and non-Hodgkin lymphomas, including peripheral T-cell lymphoma and mantle cell lymphoma. The company is also developing CFT8634, an orally bioavailable BiDAC degrader of BRD9, a protein target for synovial sarcoma and SMARCB1-deleted solid tumors; CFT1946, an orally bioavailable BiDAC degrader targeting V600X mutant BRAF to treat melanoma, non-small cell lung cancer (NSCLC), colorectal cancer, and other solid malignancies; CFT8919, an orally bioavailable, allosteric, and mutant-selective BiDAC degrader of epidermal growth factor receptor, or EGFR, with an L858R mutation in NSCLC; and earlier stage programs comprising RET degraders for the treatment of various cancers. C4 Therapeutics, Inc. has strategic collaborations with F. Hoffmann-La Roche Ltd and Hoffmann-La Roche Inc.; Biogen MA, Inc.; and Calico Life Sciences LLC. The company was incorporated in 2015 and is headquartered in Watertown, Massachusetts.

At a Glance

Live Snapshot
Market Cap$328.00M
EPS-1.2700
P/E Ratio-3.12
Earnings Date08/06/2026
3Y-7.0%
5Y+47.0%
10Y+481.0%
3Y-115.0%
5Y-95.0%
10Y-123.0%
3Y+10920.0%
5Y-64.0%
10Y+6346.0%
CCCC

C4 Therapeutics, Inc. Cash Conversion Engine

CCCC ยท NASDAQ
Net Income-104.99M
Depreciation & Amortization1.96M
Stock-Based Compensation19.10M
Change in Working Capital-29.28M
Others14.52M
Capital Expenditures-607.00K
Free Cash Flow-99.30M

Cash Flow Quality Analysis

FCF Conversion Rate

94.6%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

-0.6%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-52.0%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$29.28M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

C4 Therapeutics, Inc. Cash Flow Statement

CCCC โ€ข NASDAQ

C4 Therapeutics, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
OPERATING ACTIVITIES
-105M
-105.3M
-132.5M
-128.2M
-83.9M
-66.3M
-34.1M
-15.7M
2M
1.8M
1.9M
1.7M
1.5M
1.6M
1.6M
1.3M
0.0
0.0
0.0
0.0
1.9M
5.6M
350K
66K
19.1M
29.7M
27.2M
30M
21.5M
3.4M
1.6M
582K
14.5M
1M
3.5M
7.3M
2.1M
1.6M
1.1M
2.4M
(0.0)
(0.0)
(1M)
(0.0)
(0.0)
(143K)
(1.1M)
(0.0)
-29.3M
7.6M
-6.9M
-16.8M
-30.1M
-13.2M
85M
-5.6M
-98.7M
-65.2M
-106.8M
-105.9M
-87M
-67.2M
55.6M
-17M
INVESTING ACTIVITIES
-607K
-180K
-1.7M
-5.5M
-1.3M
-650K
-1.3M
-2.7M
(0.0)
(0.0)
(0.0)
-63.9M
(188.1M)
(189.9M)
(63K)
(0.0)
-227.1M
-284.3M
-129.9M
-219.5M
-537.7M
-293.9M
-79M
-5M
219.1M
233.2M
290M
283.4M
349.7M
104M
78.7M
44.6M
0.0
0.0
0.0
63.9M
-188.1M
-189.9M
0.0
39.6M
-8.6M
-51.3M
(158.3M)
(58.4M)
-189.3M
-190.5M
-1.6M
(36.9M)
FINANCING ACTIVITIES
126.1M
44.2M
57.6M
777K
169.5M
340.4M
-30K
47K
0.0
0.0
-12.5M
0.0
0.0
12M
0.0
0.0
-193K
-194K
-110K
(0.0)
(0.0)
-194K
-30K
-63K
274K
1.2M
426K
370K
1.9M
-3.4M
274K
-63K
126.4M
45.3M
45.5M
1.1M
171.4M
348.9M
244K
2M
CASH FLOW SUMMARY
19.1M
-71.1M
97M
-46.4M
-104.9M
91.2M
54.2M
21.9M
58.9M
130M
33M
79.4M
184.3M
93.1M
38.9M
17M
78M
58.9M
130M
33M
79.4M
184.3M
93.1M
38.9M
-99.3M
-65.3M
-108.5M
-111.4M
-88.2M
-67.9M
54.3M
-19.7M

SEC Filings

CCCC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 15, 2026
May 15, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 12, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 12, 2026
May 12, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 29, 2026
April 29, 2026
2026
8-K

8-K 2026

N/A

April 10, 2026
April 10, 2026
2026
8-K

8-K 2026

N/A

April 09, 2026
April 09, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
8-K

8-K 2026

N/A

January 14, 2026
January 14, 2026
2026
S-3

S-3

N/A

November 21, 2025
November 21, 2025
ย 
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