$3.96
-8.8%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.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
CCCC • NASDAQ
| C4 Therapeutics, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||
35.9M | 35.6M | 20.8M | 31.1M | 45.8M | 33.2M | 21.4M | 19.4M | |
GROSS PROFIT | ||||||||
(8M) | (0.0) | (7.7M) | (0.0) | (0.0) | (78.4M) | (47.7M) | (28.6M) | |
28M | 35.6M | 13M | 31.1M | 45.8M | -45.2M | -26.3M | -9.2M | |
OPERATING INCOME | ||||||||
(132.5M) | (155.2M) | (152.1M) | (160.6M) | (127.9M) | (15.2M) | (56.8M) | (35.8M) | |
(36.2M) | (42.1M) | (42.1M) | (42.8M) | (33.3M) | (15.2M) | (8.8M) | (7.2M) | |
(104.2M) | (110.6M) | (117.7M) | (117.8M) | (94.7M) | (78.4M) | (48.1M) | (28.6M) | |
-104.5M | -119.6M | -139M | -129.5M | -82.1M | -60.4M | -35.5M | -16.4M | |
PRE-TAX INCOME | ||||||||
(0.0) | (0.0) | (1.4M) | (2.2M) | (2.1M) | (1.2M) | (0.0) | (0.0) | |
0.0 | 14.4M | 8.4M | 1.4M | -1.8M | -836K | 2.2M | 685K | |
-8M | (2.4M) | -7.7M | (0.0) | (0.0) | -78.4M | (0.0) | -7K | |
-384K | 14.4M | 7.8M | 1.4M | -1.8M | -5.3M | 2.2M | 678K | |
-104.9M | -105.2M | -131.2M | -128.2M | -83.9M | -65.7M | -33.3M | -15.7M | |
NET INCOME | ||||||||
(121K) | (131K) | (1.3M) | (0.0) | (0.0) | (626K) | (804K) | (0.0) | |
-105M | -105.3M | -132.5M | -128.2M | -83.9M | -66.3M | -34.1M | -15.7M |
CCCC - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
Continue your CCCC research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.