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Side-by-side financial comparison of DENNY'S Corp (DENN) and 4D Molecular Therapeutics, Inc. (FDMT). Click either name above to swap in a different company.

DENNY'S Corp is the larger business by last-quarter revenue ($113.2M vs $85.1M, roughly 1.3× 4D Molecular Therapeutics, Inc.). 4D Molecular Therapeutics, Inc. runs the higher net margin — 22.8% vs 0.6%, a 22.2% gap on every dollar of revenue. On growth, 4D Molecular Therapeutics, Inc. posted the faster year-over-year revenue change (8508900.0% vs 1.3%). 4D Molecular Therapeutics, Inc. produced more free cash flow last quarter ($28.5M vs $16.0M). Over the past eight quarters, 4D Molecular Therapeutics, Inc.'s revenue compounded faster (5412.6% CAGR vs -0.9%).

Denny's is an American table service diner-style restaurant chain. It operates over 1,400 restaurants in the United States, Canada, México, Puerto Rico, and several other international locations.

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.

DENN vs FDMT — Head-to-Head

Bigger by revenue
DENN
DENN
1.3× larger
DENN
$113.2M
$85.1M
FDMT
Growing faster (revenue YoY)
FDMT
FDMT
+8508898.7% gap
FDMT
8508900.0%
1.3%
DENN
Higher net margin
FDMT
FDMT
22.2% more per $
FDMT
22.8%
0.6%
DENN
More free cash flow
FDMT
FDMT
$12.5M more FCF
FDMT
$28.5M
$16.0M
DENN
Faster 2-yr revenue CAGR
FDMT
FDMT
Annualised
FDMT
5412.6%
-0.9%
DENN

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DENN
DENN
FDMT
FDMT
Revenue
$113.2M
$85.1M
Net Profit
$632.0K
$19.4M
Gross Margin
Operating Margin
9.2%
17.3%
Net Margin
0.6%
22.8%
Revenue YoY
1.3%
8508900.0%
Net Profit YoY
-90.3%
139.1%
EPS (diluted)
$0.01
$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.

Revenue
DENN
DENN
FDMT
FDMT
Q4 25
$85.1M
Q3 25
$113.2M
$90.0K
Q2 25
$117.7M
$15.0K
Q1 25
$111.6M
$14.0K
Q4 24
$114.7M
$1.0K
Q3 24
$111.8M
$3.0K
Q2 24
$115.9M
$5.0K
Q1 24
$110.0M
$28.0K
Net Profit
DENN
DENN
FDMT
FDMT
Q4 25
$19.4M
Q3 25
$632.0K
$-56.9M
Q2 25
$2.5M
$-54.7M
Q1 25
$326.0K
$-48.0M
Q4 24
$6.8M
Q3 24
$6.5M
$-43.8M
Q2 24
$3.6M
$-35.0M
Q1 24
$4.7M
$-32.4M
Operating Margin
DENN
DENN
FDMT
FDMT
Q4 25
17.3%
Q3 25
9.2%
-67983.3%
Q2 25
7.3%
-396373.3%
Q1 25
4.7%
-383007.1%
Q4 24
12.6%
Q3 24
10.5%
-1704400.0%
Q2 24
7.9%
-849120.0%
Q1 24
9.1%
-136200.0%
Net Margin
DENN
DENN
FDMT
FDMT
Q4 25
22.8%
Q3 25
0.6%
-63195.6%
Q2 25
2.1%
-364386.7%
Q1 25
0.3%
-342657.1%
Q4 24
5.9%
Q3 24
5.8%
-1461433.3%
Q2 24
3.1%
-699060.0%
Q1 24
4.3%
-115717.9%
EPS (diluted)
DENN
DENN
FDMT
FDMT
Q4 25
$0.43
Q3 25
$0.01
$-1.01
Q2 25
$0.05
$-0.98
Q1 25
$0.01
$-0.86
Q4 24
$0.13
Q3 24
$0.12
$-0.79
Q2 24
$0.07
$-0.63
Q1 24
$0.09
$-0.66

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DENN
DENN
FDMT
FDMT
Cash + ST InvestmentsLiquidity on hand
$402.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-32.7M
$505.7M
Total Assets
$502.9M
$566.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DENN
DENN
FDMT
FDMT
Q4 25
$402.7M
Q3 25
$305.1M
Q2 25
$293.2M
Q1 25
$1.1M
$321.4M
Q4 24
$100.0K
$424.9M
Q3 24
$2.9M
$501.9M
Q2 24
$2.8M
$541.9M
Q1 24
$2.8M
$525.9M
Total Debt
DENN
DENN
FDMT
FDMT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$270.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DENN
DENN
FDMT
FDMT
Q4 25
$505.7M
Q3 25
$-32.7M
$369.0M
Q2 25
$-34.6M
$420.9M
Q1 25
$-36.4M
$469.7M
Q4 24
$-34.0M
$510.6M
Q3 24
$-54.5M
$552.9M
Q2 24
$-53.2M
$588.3M
Q1 24
$-55.7M
$600.6M
Total Assets
DENN
DENN
FDMT
FDMT
Q4 25
$566.7M
Q3 25
$502.9M
$424.0M
Q2 25
$491.1M
$473.6M
Q1 25
$488.1M
$515.7M
Q4 24
$496.3M
$560.4M
Q3 24
$461.6M
$604.0M
Q2 24
$459.9M
$620.1M
Q1 24
$460.4M
$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
DENN
DENN
FDMT
FDMT
Operating Cash FlowLast quarter
$16.0M
$28.6M
Free Cash FlowOCF − Capex
$16.0M
$28.5M
FCF MarginFCF / Revenue
14.1%
33.5%
Capex IntensityCapex / Revenue
0.0%
0.1%
Cash ConversionOCF / Net Profit
25.28×
1.47×
TTM Free Cash FlowTrailing 4 quarters
$-109.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DENN
DENN
FDMT
FDMT
Q4 25
$28.6M
Q3 25
$16.0M
$-46.5M
Q2 25
$9.4M
$-43.4M
Q1 25
$5.0M
$-47.8M
Q4 24
$8.5M
$-134.6M
Q3 24
$6.6M
$-29.4M
Q2 24
$14.2M
$-30.2M
Q1 24
$215.0K
$-29.1M
Free Cash Flow
DENN
DENN
FDMT
FDMT
Q4 25
$28.5M
Q3 25
$16.0M
$-46.6M
Q2 25
$-43.4M
Q1 25
$-48.4M
Q4 24
$-138.4M
Q3 24
$-31.2M
Q2 24
$-30.6M
Q1 24
$-29.8M
FCF Margin
DENN
DENN
FDMT
FDMT
Q4 25
33.5%
Q3 25
14.1%
-51765.6%
Q2 25
-289620.0%
Q1 25
-345635.7%
Q4 24
-13837100.0%
Q3 24
-1038966.7%
Q2 24
-611840.0%
Q1 24
-106421.4%
Capex Intensity
DENN
DENN
FDMT
FDMT
Q4 25
0.1%
Q3 25
0.0%
101.1%
Q2 25
440.0%
Q1 25
4507.1%
Q4 24
378600.0%
Q3 24
0.0%
59266.7%
Q2 24
6980.0%
Q1 24
2535.7%
Cash Conversion
DENN
DENN
FDMT
FDMT
Q4 25
1.47×
Q3 25
25.28×
Q2 25
3.79×
Q1 25
15.38×
Q4 24
1.26×
Q3 24
1.01×
Q2 24
3.97×
Q1 24
0.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DENN
DENN

Franchisor Owned Outlet$57.4M51%
Royalty$27.7M25%
Advertising$18.6M16%
Occupancy$7.7M7%
Initial And Other Fees$1.7M1%

FDMT
FDMT

Segment breakdown not available.

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