4D Molecular Therapeutics (FDMT) Enterprise Value (2019 - 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.

4D Molecular Therapeutics (FDMT) Enterprise Value (2019 - 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn -7.85 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn -7.99 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn -5.18 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - -3.94 Bn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn -5.10 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -8.46 Mn
7 Royalty Pharma 33.72 Bn 35.84 Bn - 2.12 Bn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn -3.31 Bn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -1.16 Bn
10 4D Molecular Therapeutics 856.62 Mn 495.28 Mn - -361.33 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -361.33 Mn
Mar 31, 2026 -390.89 Mn
Dec 31, 2025 -402.66 Mn
Sep 30, 2025 -305.06 Mn
Jun 30, 2025 -293.23 Mn
Mar 31, 2025 -321.44 Mn
Dec 31, 2024 -424.88 Mn
Sep 30, 2024 -501.89 Mn
Jun 30, 2024 -541.95 Mn
Mar 31, 2024 -525.91 Mn
Dec 31, 2023 -288.23 Mn
Sep 30, 2023 -319.66 Mn
Jun 30, 2023 -310.34 Mn
Mar 31, 2023 -200.45 Mn
Dec 31, 2022 -213.55 Mn
Sep 30, 2022 -227.72 Mn
Jun 30, 2022 -241.09 Mn
Mar 31, 2022 -236.15 Mn
Dec 31, 2021 -247.78 Mn
Sep 30, 2021 -161.68 Mn