4D Molecular Therapeutics, Inc.

FDMT Healthcare Biotechnology

4D Molecular Therapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $85.2 million, up 230,194.6% from fiscal 2024.

Revenue
+25,106.7%
EPS
−6.12%
Free cash flow
−61.3%

Quarter to June 2026, against a year earlier

12.32 1.07 +9.51%
Market cap
$621.5M
P/E
0.0×
Fwd P/E
−2.9×
Dividend yield
—
F-score
4/9
Altman Z
2.50
Beneish M
n/a
Dividend safety
n/a

4D Molecular Therapeutics, Inc. (FDMT) EV/Sales

Alert me on EV/Sales

As of 6 November 2026, 4D Molecular Therapeutics, Inc. (FDMT) trades at a EV/Sales of 5.7×. Over the past ten years it has ranged from −10,857× (December 2024) to 6,149× (September 2024); the current reading is higher than 32% of that period. That is below the Biotechnology industry median of 9.0× and above the Healthcare sector median of 3.6×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 0.5× —
FY2024 −3,037× —
FY2023 26.8× (82.07%)
FY2022 149× 617.29%
FY2021 20.8× —
FY2020 −0.7× —
FY2019 9.7× 0.00%
FY2018 9.7× 0.00%
FY2017 9.7× —

Quarterly newest first

Period EV/Sales Change
Jun 2026 6.4× 123.14%
Mar 2026 2.9× 461.17%
Dec 2025 0.5× (99.97%)
Sep 2025 1,623× —
24 more quarters

Against its own ten years

Low −10,857× High 6,149×
Ten-year median 17.4×
Current reading's percentile 19

EV/Sales against peers

Company EV/Sales
HELP Cybin Inc. compare n/m
KURA Kura Oncology, Inc. compare 1.7×
GERN Geron Corporation compare 2.6×
WVE WAVE Life Sciences Ltd. compare 3.6×
ZVRA Zevra Therapeutics, Inc. compare 4.0×
FDMT 4D Molecular Therapeutics, Inc. 5.7×
DBVT DBV Technologies S.A. compare 211×
DSGN Design Therapeutics, Inc. compare 1,919×
CADL Candel Therapeutics, Inc. compare 3,940×
Biotechnology industry median 9.0×
Healthcare sector median 3.6×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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