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

4D Molecular Therapeutics (FDMT) reported Free Cash Flow of -$68.1 million for Q1 2026, down 42.23% year-over-year from -$117.9 million in Q1 2025, and down 333.65% quarter-over-quarter from $29.2 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.

  • Free Cash Flow for Q1 2026 came in at -$68.1 million, down 42.23% year-over-year; the trailing twelve-month figure through Mar 2026 was -$129.3 million (up 15.59% YoY), and the FY2025 annual result was -$109.1 million, up 19.25% from the prior year.
  • Free Cash Flow retreated to -$68.1 million in Q1 2026 per FDMT's latest filing, from $29.2 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $29.2 million in Q4 2025 and troughed at -$68.1 million in Q1 2026.
  • A 5-year average of -$28.1 million and a median of -$28.3 million in 2023 frame the typical range for Free Cash Flow.
  • The sharpest annual moves came in 2024 and 2025: Free Cash Flow sank 10748.17% in 2024, then soared 166.97% in 2025.
  • A 5-year view of Free Cash Flow shows it stood at -$22.9 million in 2022, then retreated by 18.47% to -$27.1 million in 2023, then tumbled by 60.79% to -$43.5 million in 2024, then soared by 166.97% to $29.2 million in 2025, then tumbled by 333.65% to -$68.1 million in 2026.
  • Business Quant data shows FDMT's Free Cash Flow at -$68.1 million in Q1 2026, $29.2 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 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -1.67 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -12.20 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -2.49 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.29 Bn
9 Abivax 91.96 Bn 91.96 Bn - 63,220.27
10 4D Molecular Therapeutics 656.48 Mn 656.48 Mn - -68.13 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -68.13 Mn
Mar 31, 2026 -68.13 Mn
Dec 31, 2025 29.16 Mn
Dec 31, 2025 29.16 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 -43.54 Mn
Dec 31, 2024 -43.54 Mn
Sep 30, 2024 -32.05 Mn
Sep 30, 2024 -32.05 Mn
Jun 30, 2024 -29.71 Mn
Jun 30, 2024 -29.71 Mn
Mar 31, 2024 -29.80 Mn
Mar 31, 2024 -29.80 Mn
Dec 31, 2023 -27.08 Mn
Dec 31, 2023 -27.08 Mn