4D Molecular Therapeutics (FDMT) Enterprise Value (2020 - 2026)
4D Molecular Therapeutics (FDMT) posted quarterly Enterprise Value of -$390.9 million for Q1 2026, down 21.61% year-over-year from -$498.6 million in Q1 2025, and up 2.92% quarter-over-quarter from -$402.7 million in Q4 2025.
Analysis
4D Molecular Therapeutics (FDMT) Enterprise Value (2020 - 2026) Analysis & Trends
4D Molecular Therapeutics (FDMT) has reported Enterprise Value for 8 consecutive years, with -$390.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Enterprise Value fell 21.61% year-over-year to -$390.9 million; the TTM figure through Mar 2026 stood at -$390.9 million (down 21.61% YoY), while the FY2025 annual figure was -$402.7 million, up 5.23% from the prior year.
- Enterprise Value climbed to -$390.9 million in Q1 2026 per FDMT's latest filing, from -$402.7 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$200.5 million in Q1 2023 and bottomed at -$541.9 million in Q2 2024.
- Historically, Enterprise Value has averaged -$337.9 million across 5 years, with a median of -$310.3 million in 2023.
- Annual changes were most pronounced in 2024 — Enterprise Value tumbled 162.36% — and 2025, when it surged 45.89%.
- 4D Molecular Therapeutics' Enterprise Value stood at -$213.6 million in 2022, then plunged by 34.97% to -$288.2 million in 2023, then tumbled by 47.41% to -$424.9 million in 2024, then increased by 5.23% to -$402.7 million in 2025, then gained by 2.92% to -$390.9 million in 2026.
- Business Quant data shows FDMT's Enterprise Value at -$390.9 million in Q1 2026, -$402.7 million in Q4 2025, and -$305.1 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn |
| 10 | 4D Molecular Therapeutics | 1.05 Bn | 692.04 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 573.28 Mn |
| Mar 31, 2026 | 242.79 Mn |
| Dec 31, 2025 | 29.40 Mn |
| Sep 30, 2025 | 101.38 Mn |
| Jun 30, 2025 | -119.97 Mn |
| Mar 31, 2025 | -171.81 Mn |
| Dec 31, 2024 | -169.80 Mn |
| Sep 30, 2024 | 60.19 Mn |
| Jun 30, 2024 | 547.73 Mn |
| Mar 31, 2024 | 1.10 Bn |
| Dec 31, 2023 | 584.47 Mn |
| Sep 30, 2023 | 224.57 Mn |
| Jun 30, 2023 | 448.90 Mn |
| Mar 31, 2023 | 370.89 Mn |
| Dec 31, 2022 | 511.08 Mn |
| Sep 30, 2022 | 32.72 Mn |
| Jun 30, 2022 | -15.10 Mn |
| Mar 31, 2022 | 251.68 Mn |
| Dec 31, 2021 | 459.23 Mn |
| Sep 30, 2021 | 570.98 Mn |