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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:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect.

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
Issuance of common stock upon exercise of stock options1,674
Issuance of common stock under the ATM offering program, net of issuance costs9,810
Net cash provided by financing activities11,484
Net increase (decrease) in cash and cash equivalents12,247(15,810)
Cash and cash equivalents, beginning of period60,241149,336
Cash and cash equivalents, end of period$72,488$133,526
Supplemental disclosures of noncash investing and financing information
Purchases of property and equipment in accounts payable and accrued and other liabilities$140

Item 1. Condensed Financial Statements (Unaudited)

FAQ

What is 4D Molecular Therapeutics's net change in cash?
4D Molecular Therapeutics (FDMT) reported net change in cash of $12.25M in Q1 2026.
How has 4D Molecular Therapeutics's net change in cash changed year-over-year?
4D Molecular Therapeutics's net change in cash increased by 177.5% year-over-year, from -$15.81M to $12.25M.
What does net change in cash mean?
Total increase or decrease in cash during the period — the sum of operating, investing, financing cash flows plus FX effects.

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