The Tip Desk

4D Molecular Therapeutics, Inc.

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$85.2$<0.1$20.7$3.1$18.0
Operating income-$159.5-$187.8-$112.9-$110.0-$71.3
Net income-$140.1-$160.9-$100.8-$107.5-$71.3
Cash Flow Statement
Free cash flow-$109.6-$138.4-$78.6-$98.2-$78.2
Dividends$0.0$0.0$0.0$0.0$0.0

Shares outstanding 52.3M · Free float 74.7%

Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.

Coverage