$9.53
+2.8%4D Molecular Therapeutics, Inc., a clinical-stage gene therapy company, develops product candidates using its adeno-associated viruses vectors. It develops a portfolio of gene therapy product candidates focuses in three therapeutic areas: ophthalmology, cardiology, and pulmonology. The company has three product candidates that are in clinical trials: 4D-125 that is in a Phase 1/2 clinical trial for the treatment of X-linked retinitis pigmentosa; 4D-110 that is in a Phase 1/2 clinical trial for the treatment of choroideremia; and 4D-310, which is in a Phase 1/2 clinical trial for the treatment of Fabry disease. Its two IND candidates are 4D-150 for the treatment of wet age-related macular degeneration and 4D-710 for the treatment of cystic fibrosis lung disease. 4D Molecular Therapeutics, Inc. has research and collaboration arrangements with uniQure; CRF; Roche; and CFF. The company was founded in 2013 and is headquartered in Emeryville, California.4D Molecular Therapeutics, Inc., a clinical-stage gene therapy company, develops product candidates using its adeno-associated viruses vectors. It develops a portfolio of gene therapy product candidates focuses in three therapeutic areas: ophthalmology, cardiology, and pulmonology. The company has three product candidates that are in clinical trials: 4D-125 that is in a Phase 1/2 clinical trial for the treatment of X-linked retinitis pigmentosa; 4D-110 that is in a Phase 1/2 clinical trial for the treatment of choroideremia; and 4D-310, which is in a Phase 1/2 clinical trial for the treatment of Fabry disease. Its two IND candidates are 4D-150 for the treatment of wet age-related macular degeneration and 4D-710 for the treatment of cystic fibrosis lung disease. 4D Molecular Therapeutics, Inc. has research and collaboration arrangements with uniQure; CRF; Roche; and CFF. The company was founded in 2013 and is headquartered in Emeryville, California.
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.
FDMT โข NASDAQ
| 4D Molecular Therapeutics, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 |
|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||
85.2M | 37K | 20.7M | 3.1M | 18M | 13.6M | 7M | 14.1M | 5.8M | |
GROSS PROFIT | |||||||||
(7.6M) | (0.0) | (97.1M) | (80.3M) | (61.4M) | (53M) | (38.7M) | (18.4M) | (13.6M) | |
77.6M | 37K | -76.4M | -77.1M | -43.3M | -39.4M | -31.7M | -4.2M | -7.8M | |
OPERATING INCOME | |||||||||
(237.1M) | (187.9M) | (36.5M) | (32.9M) | (28M) | (17.2M) | (52.6M) | (24.5M) | (17.1M) | |
(49.1M) | (46.6M) | (36.5M) | (32.9M) | (28M) | (17.2M) | (13.9M) | (6.2M) | (3.5M) | |
(195.7M) | (141.3M) | (97.1M) | (80.3M) | (61.4M) | (53M) | (38.7M) | (18.4M) | (13.6M) | |
-159.5M | -187.8M | -112.9M | -110M | -71.3M | -56.7M | -50.8M | -10.4M | -11.3M | |
PRE-TAX INCOME | |||||||||
19.5M | 27.1M | 12.2M | 2.6M | 137K | 152K | 1.5M | 850K | 89K | |
-7.6M | (0.0) | -97.1M | -80.3M | -61.4M | -53M | -46K | -2K | -40K | |
19.4M | 27M | 12M | 2.5M | 16K | -29K | 1.5M | 848K | 49K | |
-140.1M | -160.9M | -100.8M | -107.5M | -71.3M | -56.7M | -49.3M | -9.6M | -11.2M | |
NET INCOME | |||||||||
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -89K | |
-140.1M | -160.9M | -100.8M | -107.5M | -71.3M | -56.7M | -52.9M | -9.6M | -11.2M |
FDMT - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
S-3 S-3 N/A | May 07, 2026 | May 07, 2026 | ย | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 28, 2026 | June 17, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 30, 2026 | March 25, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 18, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 18, 2026 | March 18, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 26, 2026 | January 22, 2026 | 2026 | |
8-K 8-K 2025 N/A | January 07, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2025 N/A | December 10, 2025 | December 10, 2025 | 2025 |
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