4D Molecular Therapeutics (FDMT) Enterprise Value (2019 - 2026)

4D Molecular Therapeutics (FDMT) reported 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 8 years of Enterprise Value data on file, last reported at -$390.9 million in Q1 2026.

  • Enterprise Value for Q1 2026 came in at -$390.9 million, down 21.61% year-over-year; the trailing twelve-month figure through Mar 2026 was -$390.9 million (down 21.61% YoY), and the FY2025 annual result was -$402.7 million, up 5.23% from the prior year.
  • Enterprise Value rose to -$390.9 million in Q1 2026 per FDMT's latest filing, from -$402.7 million in the prior quarter.
  • Over five years, Enterprise Value peaked at -$200.5 million in Q1 2023 and troughed at -$541.9 million in Q2 2024.
  • A 5-year average of -$337.9 million and a median of -$310.3 million in 2023 frame the typical range for Enterprise Value.
  • The sharpest annual moves came in 2024 and 2025: Enterprise Value tumbled 162.36% in 2024, then surged 45.89% in 2025.
  • A 5-year view of Enterprise Value shows it stood at -$213.6 million in 2022, then tumbled by 34.97% to -$288.2 million in 2023, then slumped by 47.41% to -$424.9 million in 2024, then grew by 5.23% to -$402.7 million in 2025, then rose 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 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -32.30 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -4.14 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -286.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -18.44 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -2.77 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -7.20 Mn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -7.25 Bn
9 Abivax 91.96 Bn 91.96 Bn - -584.73 Mn
10 4D Molecular Therapeutics 656.48 Mn 656.48 Mn - -390.89 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -243.74 Mn