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4D Molecular Therapeutics FDMT Collaboration And License Revenue — Revenue

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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$561.97M+119%
Enterprise value$510.02M+152%
P/S6.4×-7,758×

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:Revenues.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Otsuka Pharmaceutical Co., Ltd.$2,957
Cystic Fibrosis Foundation9014
Total revenue$3,047$14

Item 1. Condensed Financial Statements (Unaudited)

FAQ

What is 4D Molecular Therapeutics's collaboration and license revenue — revenue?
4D Molecular Therapeutics (FDMT) reported collaboration and license revenue — revenue of $3.05M in Q1 2026.
How has 4D Molecular Therapeutics's collaboration and license revenue — revenue changed year-over-year?
4D Molecular Therapeutics's collaboration and license revenue — revenue increased by 21664.3% year-over-year, from $14K to $3.05M.
What is the long-term trend for 4D Molecular Therapeutics's collaboration and license revenue — revenue?
Over 4 years (2021 to 2025), 4D Molecular Therapeutics's collaboration and license revenue — revenue has grown at a 47.4% compound annual growth rate (CAGR), from $18.04M to $85.21M.
What does collaboration and license revenue — revenue mean?
This metric represents the total revenue recognized from strategic partnerships, research collaborations, and the licensing of proprietary technology platforms or intellectual property to third parties. It reflects the company's ability to monetize its research and development pipeline by leveraging external capital and expertise to advance clinical-stage therapeutic candidates. Fluctuations in this metric often indicate the timing of milestone achievements, upfront payments, or the successful execution of commercialization agreements within the biotechnology sector.

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