4D Molecular Therapeutics, Inc. (FDMT): R&D Expense

Annual figures by period end, from SEC filings.

$195.70M
Year ended 2025-12-31
$240.31M
Trailing 12 months to 2026-06-30
+34.6%
3-year compound annual growth
+29.8%
5-year compound annual growth
2019-12-31: $38.72M2020-12-31: $53.04M2021-12-31: $61.36M2022-12-31: $80.25M2023-12-31: $97.10M2024-12-31: $141.30M2025-12-31: $195.70M$195.70M
2019-12-31 R&D Expense (USD) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-31$195.70M+38.5%2026-03-18, From 2025-01-01
2024-12-31$141.30M+45.5%2026-03-18, From 2024-01-01
2023-12-31$97.10M+21.0%2025-02-28, From 2023-01-01
2022-12-31$80.25M+30.8%2024-02-29, From 2022-01-01
2021-12-31$61.36M+15.7%2023-03-15, From 2021-01-01
2020-12-31$53.04M+37.0%2022-03-28, From 2020-01-01
2019-12-31$38.72Mn/a2021-03-25, From 2019-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Biological Products, (No Diagnostic Substances)), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange YoY
4D Molecular Therapeutics, Inc. (FDMT)2025-12-31$195.70M+38.5%
MeiraGTx Holdings plc (MGTX)2025-12-31$129.62M+8.5%
Autolus Therapeutics plc (AUTL)2025-12-31$117.69M-15.0%
Recursion Pharmaceuticals, Inc. (RXRX)2025-12-31$475.27M+51.2%
Compugen Ltd (CGEN)2025-12-31$22.76M-8.3%
Sutro Biopharma, Inc. (STRO)2025-12-31$166.42M-34.0%
Black Diamond Therapeutics, Inc. (BDTX)2025-12-31$33.56M-34.6%
Vir Biotechnology, Inc. (VIR)2025-12-31$455.97M-10.0%
Century Therapeutics, Inc. (IPSC)2025-12-31$95.67M-10.8%

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