4D Molecular Therapeutics, Inc. (FDMT)

4D Molecular Therapeutics Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	85.21	0.04	20.72	3.13	18.04
Revenue Growth (YoY)	230194.59%	-99.82%	562.29%	-82.65%	32.52%
Gross Profit	85.21	0.04	20.72	3.13	18.04
Selling, General & Admin	49.06	46.58	36.49	32.91	28.01
Research & Development	195.7	141.3	97.1	80.25	61.36
Total Operating Expenses	244.76	187.88	133.59	113.16	89.37
Operating Income	-159.55	-187.84	-112.87	-110.03	-71.33
Interest Income	19.48	27.05	12.21	2.57	0.14
Other Non-Operating Income (Expense)	-0.04	-0.08	-0.18	-0.04	-0.12
Total Non-Operating Income (Expense)	19.44	26.97	12.03	2.54	0.02
Pretax Income	-140.11	-160.87	-100.84	-107.49	-71.32
Net Income	-140.11	-160.87	-100.84	-107.49	-71.32
Net Income to Common	-140.11	-160.87	-100.84	-107.49	-71.32
Shares Outstanding (Basic)	58	54	39	32	28
Shares Outstanding (Diluted)	58	54	39	32	28
Shares Change (YoY)	7.39%	37.86%	20.95%	16.66%	331.23%
EPS (Basic)	-2.42	-2.98	-2.58	-3.32	-2.57
EPS (Diluted)	-2.42	-2.98	-2.58	-3.32	-2.57
Shares Outstanding	57.61	45.79	43.08	32.63	32.22
Free Cash Flow	-109.62	-138.37	-78.56	-98.22	-78.24
Free Cash Flow Per Share	-1.89	-2.57	-2.01	-3.04	-2.82
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-187.24%	-507678.00%	-544.65%	-3516.52%	-395.46%
Profit Margin	-164.43%	-434778.00%	-486.59%	-3435.41%	-395.37%
FCF Margin	-128.65%	-373976.00%	-379.11%	-3139.05%	-433.77%
EBITDA	-151.92	-181.14	-107.12	-106.15	-68.31
EBITDA Margin	-178.29%	-489557.00%	-516.90%	-3392.52%	-378.72%
EBIT	-159.55	-187.84	-112.87	-110.03	-71.33
EBIT Margin	-187.24%	-507678.00%	-544.65%	-3516.52%	-395.46%

Updated Mar 18, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q