4D Molecular Therapeutics, Inc. (FDMT) Stock

About 4D Molecular Therapeutics, Inc.

4D Molecular Therapeutics, Inc. is led by CEO David H. Kirn, employs 227 people, headquartered in US, publicly traded since 2020.

4D Molecular Therapeutics, Inc. (FDMT) stock trades at $10.80 with a market capitalization of $596.64M. The stock is valued at a negative price-to-earnings (P/E) ratio of -5.03, reflecting a net loss over the last twelve months, price-to-book of 2.36, price-to-sales of 7.77. Over the past 52 weeks the stock has ranged between $6.96 and $16.93, and currently trades 36.2% below its 52-week high.

On profitability, 4D Molecular Therapeutics, Inc. generates a return on equity (ROE) of -41.33% (negative, reflecting a net loss), return on capital employed of -44.30%, an operating margin of -188.24%, a net profit margin of -194.74%.

4D Molecular Therapeutics, Inc. by the numbers, 2017–2025

Between 2017 and 2025 4D Molecular Therapeutics, Inc. reported revenue of $6.0M rising to $85.0M, a change of +1316.7% across 9 years. Compounded, revenue has grown 43.4% a year over five years, 204.9% over three, —% over the last twelve months. Net profit fell to $-140.0M.

Operating margin went from -194.7% in 2017 to -187.2% in 2025, a gain of 7.4 percentage points. The most recent net margin is -194.74%. On a trailing twelve-month basis to Jun '26, revenue is $92.0M and net profit $-180.0M.

Borrowings stand at $21.0M, cash from operations was $-109.0M in the latest year, positive in 1 of the last 9.

Return on equity has averaged -32.1% over five years, and was -27.7% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

4D Molecular Therapeutics, Inc. (FDMT) — frequently asked questions