vs
Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) 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 $78.2M, roughly 1.1× Four Corners Property Trust, Inc.). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs 22.8%, a 16.1% gap on every dollar of revenue. On growth, 4D Molecular Therapeutics, Inc. posted the faster year-over-year revenue change (8508900.0% vs 9.4%). Over the past eight quarters, 4D Molecular Therapeutics, Inc.'s revenue compounded faster (5412.6% CAGR vs 8.4%).
Four Corners Property Trust, Inc. is a publicly traded real estate investment trust that acquires, owns, and manages a portfolio of high-quality net-leased commercial properties. Its assets are primarily restaurant and retail locations across the United States, with tenants largely operating in stable consumer-facing industry segments with proven operational performance.
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.
FCPT vs FDMT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $85.1M |
| Net Profit | $30.4M | $19.4M |
| Gross Margin | — | — |
| Operating Margin | 55.3% | 17.3% |
| Net Margin | 38.8% | 22.8% |
| Revenue YoY | 9.4% | 8508900.0% |
| Net Profit YoY | 16.0% | 139.1% |
| EPS (diluted) | $0.28 | $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.
| Q1 26 | $78.2M | — | ||
| Q4 25 | $75.7M | $85.1M | ||
| Q3 25 | $74.1M | $90.0K | ||
| Q2 25 | $72.8M | $15.0K | ||
| Q1 25 | $71.5M | $14.0K | ||
| Q4 24 | $68.3M | $1.0K | ||
| Q3 24 | $66.8M | $3.0K | ||
| Q2 24 | $66.5M | $5.0K |
| Q1 26 | $30.4M | — | ||
| Q4 25 | $29.4M | $19.4M | ||
| Q3 25 | $28.8M | $-56.9M | ||
| Q2 25 | $27.9M | $-54.7M | ||
| Q1 25 | $26.2M | $-48.0M | ||
| Q4 24 | $26.2M | — | ||
| Q3 24 | $25.6M | $-43.8M | ||
| Q2 24 | $24.7M | $-35.0M |
| Q1 26 | 55.3% | — | ||
| Q4 25 | — | 17.3% | ||
| Q3 25 | — | -67983.3% | ||
| Q2 25 | — | -396373.3% | ||
| Q1 25 | — | -383007.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -1704400.0% | ||
| Q2 24 | — | -849120.0% |
| Q1 26 | 38.8% | — | ||
| Q4 25 | 38.9% | 22.8% | ||
| Q3 25 | 38.9% | -63195.6% | ||
| Q2 25 | 38.3% | -364386.7% | ||
| Q1 25 | 36.6% | -342657.1% | ||
| Q4 24 | 38.3% | — | ||
| Q3 24 | 38.3% | -1461433.3% | ||
| Q2 24 | 37.1% | -699060.0% |
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.27 | $0.43 | ||
| Q3 25 | $0.28 | $-1.01 | ||
| Q2 25 | $0.28 | $-0.98 | ||
| Q1 25 | $0.26 | $-0.86 | ||
| Q4 24 | $0.27 | — | ||
| Q3 24 | $0.27 | $-0.79 | ||
| Q2 24 | $0.27 | $-0.63 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $29.6M | $402.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.7B | $505.7M |
| Total Assets | $3.0B | $566.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $29.6M | — | ||
| Q4 25 | $12.1M | $402.7M | ||
| Q3 25 | $6.7M | $305.1M | ||
| Q2 25 | $6.0M | $293.2M | ||
| Q1 25 | $22.3M | $321.4M | ||
| Q4 24 | $4.1M | $424.9M | ||
| Q3 24 | $44.5M | $501.9M | ||
| Q2 24 | $17.2M | $541.9M |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.2B | — |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.6B | $505.7M | ||
| Q3 25 | $1.5B | $369.0M | ||
| Q2 25 | $1.5B | $420.9M | ||
| Q1 25 | $1.4B | $469.7M | ||
| Q4 24 | $1.5B | $510.6M | ||
| Q3 24 | $1.4B | $552.9M | ||
| Q2 24 | $1.3B | $588.3M |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.9B | $566.7M | ||
| Q3 25 | $2.8B | $424.0M | ||
| Q2 25 | $2.8B | $473.6M | ||
| Q1 25 | $2.7B | $515.7M | ||
| Q4 24 | $2.7B | $560.4M | ||
| Q3 24 | $2.6B | $604.0M | ||
| Q2 24 | $2.5B | $620.1M |
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.79× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | 0.84× | — | ||
| Q4 24 | 0.78× | — | ||
| Q3 24 | 0.84× | — | ||
| Q2 24 | 0.92× | — |
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 | — | $28.6M |
| Free Cash FlowOCF − Capex | — | $28.5M |
| FCF MarginFCF / Revenue | — | 33.5% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | 1.47× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-109.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $192.3M | $28.6M | ||
| Q3 25 | $48.9M | $-46.5M | ||
| Q2 25 | $43.8M | $-43.4M | ||
| Q1 25 | $51.6M | $-47.8M | ||
| Q4 24 | $144.1M | $-134.6M | ||
| Q3 24 | $43.4M | $-29.4M | ||
| Q2 24 | $39.7M | $-30.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $28.5M | ||
| Q3 25 | — | $-46.6M | ||
| Q2 25 | — | $-43.4M | ||
| Q1 25 | — | $-48.4M | ||
| Q4 24 | — | $-138.4M | ||
| Q3 24 | — | $-31.2M | ||
| Q2 24 | — | $-30.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 33.5% | ||
| Q3 25 | — | -51765.6% | ||
| Q2 25 | — | -289620.0% | ||
| Q1 25 | — | -345635.7% | ||
| Q4 24 | — | -13837100.0% | ||
| Q3 24 | — | -1038966.7% | ||
| Q2 24 | — | -611840.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 101.1% | ||
| Q2 25 | — | 440.0% | ||
| Q1 25 | — | 4507.1% | ||
| Q4 24 | — | 378600.0% | ||
| Q3 24 | — | 59266.7% | ||
| Q2 24 | — | 6980.0% |
| Q1 26 | — | — | ||
| Q4 25 | 6.53× | 1.47× | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 5.51× | — | ||
| Q3 24 | 1.70× | — | ||
| Q2 24 | 1.61× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FCPT
| Rental revenue | $69.8M | 89% |
| Restaurant revenue | $8.4M | 11% |
FDMT
Segment breakdown not available.
