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Other financials

Income statement

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Revenue$3.0M+21,664%
Operating income-$73.6M-37.3%
Net income-$68.8M-43.3%
EPS (diluted)-$1.01-17.4%

Balance sheet

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Cash & equivalents$72.5M-45.7%
Total debt$20.5M-13.9%
Total equity$451.8M-3.8%
Total assets$512.9M-0.5%

Cash flow

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Operating cash flow-$68.1M-42.6%
CapEx--100%
Free cash flow-$68.1M-40.8%

Valuation

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Market cap$582.36M+127%
Enterprise value$530.4M+162%
P/S6.6×-7,757×

Profitability

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Operating margin-220.1%-110pp
Net margin-174,314.2%-62,763pp
FCF margin-154,209.2%-53,057pp

Returns & leverage

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Return on equity-45.4%+29.8pp
Debt / equity0.0×
Current ratio9.3×-3.0×

Where this comes from

Reported directly by 4D Molecular Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:AccruedLiabilitiesCurrent.

The source filing: 4D Molecular Therapeutics’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:13 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-211939
Line itemMarch 31,2026December 31,2025
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable$14,692$11,159
Accrued and other current liabilities22,86626,874
Deferred revenue360360
Operating lease liabilities, current portion5,4865,592
Total current liabilities43,40443,985
Deferred revenue, net of current portion2,125745

Item 1. Condensed Financial Statements (Unaudited)

FAQ

What is 4D Molecular Therapeutics's accrued expenses?
4D Molecular Therapeutics (FDMT) reported accrued expenses of $22.87M in Q1 2026.
How has 4D Molecular Therapeutics's accrued expenses changed year-over-year?
4D Molecular Therapeutics's accrued expenses increased by 41.1% year-over-year, from $16.2M to $22.87M.
What is the long-term trend for 4D Molecular Therapeutics's accrued expenses?
Over 5 years (2020 to 2025), 4D Molecular Therapeutics's accrued expenses has grown at a 26.3% compound annual growth rate (CAGR), from $8.37M to $26.87M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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