4D Molecular Therapeutics (FDMT) Accumulated Expenses (2019 - 2026)
4D Molecular Therapeutics' Accumulated Expenses came in at $25.43 million for Q2 2026, up 32.5% from $19.19 million a year earlier and up 11.2% from the prior quarter.
4D Molecular Therapeutics (FDMT) Accumulated Expenses (2019 - 2026) Analysis & Trends
At the end of FY2025, 4D Molecular Therapeutics' Accumulated Expenses was $26.87 million, up 42.4% from FY2024.
- Accumulated Expenses has increased in each of the last four years, with a five-year compound annual growth rate of 26.3% (FY2020 to FY2025).
- Going back by year, Accumulated Expenses was $18.87 million in FY2024 (+57.1%), $12.01 million in FY2023 (+35.4%), $8.87 million in FY2022 (+14.5%) and $7.74 million in FY2021 (-7.5%).
- The five-year range for quarterly Accumulated Expenses is $5.26 million (Q1 2022) to $26.87 million (Q4 2025).
- Year-over-year, Accumulated Expenses has increased for 17 consecutive quarters, with growth averaging 53.3% over the last eight quarters.
- The fastest year-over-year change in Accumulated Expenses over five years came in Q3 2024 (growth of 110.1%), and the weakest in Q4 2021 (a decline of 7.5%).
- Business Quant data shows FDMT's Accumulated Expenses at $22.87 million (Q1 2026), $26.87 million (Q4 2025) and $24.19 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn |
| 10 | 4D Molecular Therapeutics | 875.59 Mn | -584.35 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.43 Mn |
| Mar 31, 2026 | 22.87 Mn |
| Dec 31, 2025 | 26.87 Mn |
| Sep 30, 2025 | 24.19 Mn |
| Jun 30, 2025 | 19.19 Mn |
| Mar 31, 2025 | 16.20 Mn |
| Dec 31, 2024 | 18.87 Mn |
| Sep 30, 2024 | 21.42 Mn |
| Jun 30, 2024 | 12.78 Mn |
| Mar 31, 2024 | 9.01 Mn |
| Dec 31, 2023 | 12.01 Mn |
| Sep 30, 2023 | 10.19 Mn |
| Jun 30, 2023 | 6.58 Mn |
| Mar 31, 2023 | 5.41 Mn |
| Dec 31, 2022 | 8.87 Mn |
| Sep 30, 2022 | 7.24 Mn |
| Jun 30, 2022 | 6.16 Mn |
| Mar 31, 2022 | 5.26 Mn |
| Dec 31, 2021 | 7.74 Mn |
| Sep 30, 2021 | 5.93 Mn |
4D Molecular Therapeutics Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=FDMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "FDMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=FDMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();