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Side-by-side financial comparison of Better Home & Finance Holding Co (BETR) and 4D Molecular Therapeutics, Inc. (FDMT). Click either name above to swap in a different company.
4D Molecular Therapeutics, Inc. is the larger business by last-quarter revenue ($85.1M vs $44.3M, roughly 1.9× Better Home & Finance Holding Co). 4D Molecular Therapeutics, Inc. runs the higher net margin — 22.8% vs -3349.0%, a 3371.8% gap on every dollar of revenue. On growth, 4D Molecular Therapeutics, Inc. posted the faster year-over-year revenue change (8508900.0% vs 77.4%). 4D Molecular Therapeutics, Inc. produced more free cash flow last quarter ($28.5M vs $-167.8M). Over the past eight quarters, 4D Molecular Therapeutics, Inc.'s revenue compounded faster (5412.6% CAGR vs 41.1%).
Bajaj Finance Limited (BFL) is an Indian deposit-taking non-banking financial company (NBFC-UL) headquartered in Pune. It has 110.64 million customers and holds assets under management worth ₹462,250 crore (US$55 billion), as of September 2025.
4D Molecular Therapeutics is a clinical-stage biotechnology company specializing in the research and development of targeted adeno-associated virus (AAV) gene therapies. Its core product candidates address unmet medical needs in ophthalmology, cardiology, and pulmonary disease segments, serving global patient populations with rare and common hard-to-treat conditions.
BETR vs FDMT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $44.3M | $85.1M |
| Net Profit | $-39.9M | $19.4M |
| Gross Margin | — | — |
| Operating Margin | -3376.8% | 17.3% |
| Net Margin | -3349.0% | 22.8% |
| Revenue YoY | 77.4% | 8508900.0% |
| Net Profit YoY | 32.6% | 139.1% |
| EPS (diluted) | $-2.52 | $0.43 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $44.3M | $85.1M | ||
| Q3 25 | $43.9M | $90.0K | ||
| Q2 25 | $44.1M | $15.0K | ||
| Q1 25 | $32.6M | $14.0K | ||
| Q4 24 | $25.0M | $1.0K | ||
| Q3 24 | $29.0M | $3.0K | ||
| Q2 24 | $32.3M | $5.0K | ||
| Q1 24 | $22.3M | $28.0K |
| Q4 25 | $-39.9M | $19.4M | ||
| Q3 25 | $-39.1M | $-56.9M | ||
| Q2 25 | $-36.3M | $-54.7M | ||
| Q1 25 | $-50.6M | $-48.0M | ||
| Q4 24 | $-59.2M | — | ||
| Q3 24 | $-54.2M | $-43.8M | ||
| Q2 24 | $-41.4M | $-35.0M | ||
| Q1 24 | $-51.5M | $-32.4M |
| Q4 25 | -3376.8% | 17.3% | ||
| Q3 25 | -88.9% | -67983.3% | ||
| Q2 25 | -81.9% | -396373.3% | ||
| Q1 25 | -154.9% | -383007.1% | ||
| Q4 24 | -1428.3% | — | ||
| Q3 24 | -186.5% | -1704400.0% | ||
| Q2 24 | -127.6% | -849120.0% | ||
| Q1 24 | -230.8% | -136200.0% |
| Q4 25 | -3349.0% | 22.8% | ||
| Q3 25 | -89.2% | -63195.6% | ||
| Q2 25 | -82.2% | -364386.7% | ||
| Q1 25 | -155.3% | -342657.1% | ||
| Q4 24 | -1437.5% | — | ||
| Q3 24 | -187.0% | -1461433.3% | ||
| Q2 24 | -128.2% | -699060.0% | ||
| Q1 24 | -231.4% | -115717.9% |
| Q4 25 | $-2.52 | $0.43 | ||
| Q3 25 | $-2.56 | $-1.01 | ||
| Q2 25 | $-2.39 | $-0.98 | ||
| Q1 25 | $-3.33 | $-0.86 | ||
| Q4 24 | $-3.92 | — | ||
| Q3 24 | $-3.58 | $-0.79 | ||
| Q2 24 | $-2.74 | $-0.63 | ||
| Q1 24 | $-3.41 | $-0.66 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $203.4M | $402.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $37.2M | $505.7M |
| Total Assets | $1.5B | $566.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $203.4M | $402.7M | ||
| Q3 25 | $205.8M | $305.1M | ||
| Q2 25 | $221.5M | $293.2M | ||
| Q1 25 | $228.0M | $321.4M | ||
| Q4 24 | $264.9M | $424.9M | ||
| Q3 24 | $262.1M | $501.9M | ||
| Q2 24 | $378.8M | $541.9M | ||
| Q1 24 | $482.6M | $525.9M |
| Q4 25 | $37.2M | $505.7M | ||
| Q3 25 | $41.9M | $369.0M | ||
| Q2 25 | $76.6M | $420.9M | ||
| Q1 25 | $-102.1M | $469.7M | ||
| Q4 24 | $-58.2M | $510.6M | ||
| Q3 24 | $388.0K | $552.9M | ||
| Q2 24 | $44.9M | $588.3M | ||
| Q1 24 | $76.3M | $600.6M |
| Q4 25 | $1.5B | $566.7M | ||
| Q3 25 | $1.4B | $424.0M | ||
| Q2 25 | $1.2B | $473.6M | ||
| Q1 25 | $1.0B | $515.7M | ||
| Q4 24 | $913.1M | $560.4M | ||
| Q3 24 | $845.2M | $604.0M | ||
| Q2 24 | $957.9M | $620.1M | ||
| Q1 24 | $841.6M | $629.9M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-166.6M | $28.6M |
| Free Cash FlowOCF − Capex | $-167.8M | $28.5M |
| FCF MarginFCF / Revenue | -378.6% | 33.5% |
| Capex IntensityCapex / Revenue | 2.7% | 0.1% |
| Cash ConversionOCF / Net Profit | — | 1.47× |
| TTM Free Cash FlowTrailing 4 quarters | $-277.9M | $-109.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-166.6M | $28.6M | ||
| Q3 25 | $4.2M | $-46.5M | ||
| Q2 25 | $-56.3M | $-43.4M | ||
| Q1 25 | $-57.2M | $-47.8M | ||
| Q4 24 | $-380.0M | $-134.6M | ||
| Q3 24 | $-10.6M | $-29.4M | ||
| Q2 24 | $-220.6M | $-30.2M | ||
| Q1 24 | $-42.8M | $-29.1M |
| Q4 25 | $-167.8M | $28.5M | ||
| Q3 25 | $4.0M | $-46.6M | ||
| Q2 25 | $-56.7M | $-43.4M | ||
| Q1 25 | $-57.4M | $-48.4M | ||
| Q4 24 | $-383.4M | $-138.4M | ||
| Q3 24 | $-11.7M | $-31.2M | ||
| Q2 24 | $-221.8M | $-30.6M | ||
| Q1 24 | $-43.3M | $-29.8M |
| Q4 25 | -378.6% | 33.5% | ||
| Q3 25 | 9.1% | -51765.6% | ||
| Q2 25 | -128.5% | -289620.0% | ||
| Q1 25 | -176.3% | -345635.7% | ||
| Q4 24 | -1534.6% | -13837100.0% | ||
| Q3 24 | -40.5% | -1038966.7% | ||
| Q2 24 | -687.6% | -611840.0% | ||
| Q1 24 | -194.5% | -106421.4% |
| Q4 25 | 2.7% | 0.1% | ||
| Q3 25 | 0.5% | 101.1% | ||
| Q2 25 | 0.9% | 440.0% | ||
| Q1 25 | 0.6% | 4507.1% | ||
| Q4 24 | 13.6% | 378600.0% | ||
| Q3 24 | 4.1% | 59266.7% | ||
| Q2 24 | 3.9% | 6980.0% | ||
| Q1 24 | 2.1% | 2535.7% |
| Q4 25 | — | 1.47× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
