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| Date | Value |
|---|---|
| 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 |