4D Molecular Therapeutics (FDMT) Operating Income (2020 - 2026)
4D Molecular Therapeutics' (FDMT) quarterly Operating Income came in at -$73.6 million in Q1 2026, down 37.3% year-on-year from -$117.4 million in Q1 2025, and down 600.31% on a QoQ basis from $14.7 million in Q4 2025.
4D Molecular Therapeutics (FDMT) Operating Income (2020 - 2026) Analysis & Trends
4D Molecular Therapeutics (FDMT) has 7 years of Operating Income data on file, last reported at -$73.6 million in Q1 2026.
- On a quarterly basis, Operating Income fell 37.3% year-over-year to -$73.6 million in Q1 2026; TTM through Mar 2026 was -$179.5 million, a 11.7% increase from a year earlier, with the FY2025 full-year figure at -$159.5 million, up 15.06% from the prior year.
- Operating Income for Q1 2026 stood at -$73.6 million, down from $14.7 million in the prior quarter.
- Over the last five years, Operating Income for FDMT reached as high as $14.7 million in Q4 2025 and fell as low as -$73.6 million in Q1 2026.
- Historically, Operating Income has averaged -$37.9 million across 5 years, with a median of -$36.7 million in 2023.
- Across the five-year window, Operating Income tumbled 274.22% in 2022 and soared 126.22% in 2025, its largest moves.
- Year by year, Operating Income stood at -$28.7 million in 2022, then retreated by 27.62% to -$36.7 million in 2023, then tumbled by 53.11% to -$56.1 million in 2024, then surged by 126.22% to $14.7 million in 2025, then plunged by 600.31% to -$73.6 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$73.6 million in Q1 2026, $14.7 million in Q4 2025, and -$61.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -27.75 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | -15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 249.90 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.14 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 642.90 Mn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | -32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | 394.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | -445.22 Mn |
| 10 | 4D Molecular Therapeutics | 691.54 Mn | 300.64 Mn | - | -73.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -73.62 Mn |
| Dec 31, 2025 | 14.72 Mn |
| Sep 30, 2025 | -61.19 Mn |
| Jun 30, 2025 | -59.46 Mn |
| Mar 31, 2025 | -53.62 Mn |
| Dec 31, 2024 | -56.12 Mn |
| Sep 30, 2024 | -51.13 Mn |
| Jun 30, 2024 | -42.46 Mn |
| Mar 31, 2024 | -38.14 Mn |
| Dec 31, 2023 | -36.65 Mn |
| Sep 30, 2023 | -13.97 Mn |
| Jun 30, 2023 | -32.14 Mn |
| Mar 31, 2023 | -30.11 Mn |
| Dec 31, 2022 | -28.72 Mn |
| Sep 30, 2022 | -26.50 Mn |
| Jun 30, 2022 | -28.43 Mn |
| Mar 31, 2022 | -26.39 Mn |
| Dec 31, 2021 | -24.76 Mn |
| Sep 30, 2021 | -22.66 Mn |
| Jun 30, 2021 | -7.60 Mn |