4D Molecular Therapeutics (FDMT) Free Cash Flow (2020 - 2026)

4D Molecular Therapeutics' (FDMT) quarterly Free Cash Flow came in at -$68.1 million in Q1 2026, down 42.23% year-on-year from -$117.9 million in Q1 2025, and down 381.16% on a QoQ basis from $24.2 million in Q4 2025.

4D Molecular Therapeutics (FDMT) Free Cash Flow (2020 - 2026) Analysis & Trends

4D Molecular Therapeutics (FDMT) has 7 years of Free Cash Flow data on file, last reported at -$68.1 million in Q1 2026.

  • On a quarterly basis, Free Cash Flow fell 42.23% year-over-year to -$68.1 million in Q1 2026; TTM through Mar 2026 was -$134.2 million, a 14.21% increase from a year earlier, with the FY2025 full-year figure at -$114.0 million, up 17.61% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$68.1 million, down from $24.2 million in the prior quarter.
  • Over the last five years, Free Cash Flow for FDMT reached as high as $24.2 million in Q4 2025 and fell as low as -$68.1 million in Q1 2026.
  • Historically, Free Cash Flow has averaged -$28.4 million across 5 years, with a median of -$29.8 million in 2024.
  • Across the five-year window, Free Cash Flow slumped 911.65% in 2024 and soared 151.76% in 2025, its largest moves.
  • Year by year, Free Cash Flow stood at -$21.8 million in 2022, then decreased by 4.08% to -$22.7 million in 2023, then slumped by 106.57% to -$46.8 million in 2024, then soared by 151.76% to $24.2 million in 2025, then tumbled by 381.16% to -$68.1 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$68.1 million in Q1 2026, $24.2 million in Q4 2025, and -$46.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -19.58 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -2.49 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 158.09 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.29 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 848.30 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -
9 Revolution Medicines 37.37 Bn 37.37 Bn - -354.95 Mn
10 4D Molecular Therapeutics 691.54 Mn 300.64 Mn - -68.13 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -68.13 Mn
Mar 31, 2026 -68.13 Mn
Dec 31, 2025 24.23 Mn
Dec 31, 2025 24.23 Mn
Sep 30, 2025 -46.41 Mn
Sep 30, 2025 -46.41 Mn
Jun 30, 2025 -43.93 Mn
Jun 30, 2025 -43.93 Mn
Mar 31, 2025 -47.90 Mn
Mar 31, 2025 -47.90 Mn
Dec 31, 2024 -46.81 Mn
Dec 31, 2024 -46.81 Mn
Sep 30, 2024 -31.17 Mn
Sep 30, 2024 -31.17 Mn
Jun 30, 2024 -30.59 Mn
Jun 30, 2024 -30.59 Mn
Mar 31, 2024 -29.80 Mn
Mar 31, 2024 -29.80 Mn
Dec 31, 2023 -22.66 Mn
Dec 31, 2023 -22.66 Mn