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Side-by-side financial comparison of 4D Molecular Therapeutics, Inc. (FDMT) and FARMERS NATIONAL BANC CORP (FMNB). 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 $71.5M, roughly 1.2× FARMERS NATIONAL BANC CORP). 4D Molecular Therapeutics, Inc. runs the higher net margin — 22.8% vs 20.5%, a 2.3% gap on every dollar of revenue. On growth, 4D Molecular Therapeutics, Inc. posted the faster year-over-year revenue change (8508900.0% vs 3.2%). FARMERS NATIONAL BANC CORP produced more free cash flow last quarter ($52.2M vs $28.5M). Over the past eight quarters, 4D Molecular Therapeutics, Inc.'s revenue compounded faster (5412.6% CAGR vs 6.2%).

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.

Farmers National Banc Corp (OH) is a regional financial holding company based in Ohio, the United States. It offers full-spectrum retail and commercial banking products, wealth management solutions, and insurance services, primarily catering to individual consumers, small and medium-sized enterprises, and local community clients in Ohio and adjacent Midwestern U.S. regions.

FDMT vs FMNB — Head-to-Head

Bigger by revenue
FDMT
FDMT
1.2× larger
FDMT
$85.1M
$71.5M
FMNB
Growing faster (revenue YoY)
FDMT
FDMT
+8508896.8% gap
FDMT
8508900.0%
3.2%
FMNB
Higher net margin
FDMT
FDMT
2.3% more per $
FDMT
22.8%
20.5%
FMNB
More free cash flow
FMNB
FMNB
$23.7M more FCF
FMNB
$52.2M
$28.5M
FDMT
Faster 2-yr revenue CAGR
FDMT
FDMT
Annualised
FDMT
5412.6%
6.2%
FMNB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FDMT
FDMT
FMNB
FMNB
Revenue
$85.1M
$71.5M
Net Profit
$19.4M
$14.6M
Gross Margin
Operating Margin
17.3%
24.8%
Net Margin
22.8%
20.5%
Revenue YoY
8508900.0%
3.2%
Net Profit YoY
139.1%
1.7%
EPS (diluted)
$0.43
$0.39

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
FDMT
FDMT
FMNB
FMNB
Q4 25
$85.1M
$71.5M
Q3 25
$90.0K
$70.8M
Q2 25
$15.0K
$69.8M
Q1 25
$14.0K
$67.8M
Q4 24
$1.0K
$69.3M
Q3 24
$3.0K
$70.3M
Q2 24
$5.0K
$66.5M
Q1 24
$28.0K
$63.4M
Net Profit
FDMT
FDMT
FMNB
FMNB
Q4 25
$19.4M
$14.6M
Q3 25
$-56.9M
$12.5M
Q2 25
$-54.7M
$13.9M
Q1 25
$-48.0M
$13.6M
Q4 24
$14.4M
Q3 24
$-43.8M
$8.5M
Q2 24
$-35.0M
$11.8M
Q1 24
$-32.4M
$11.2M
Operating Margin
FDMT
FDMT
FMNB
FMNB
Q4 25
17.3%
24.8%
Q3 25
-67983.3%
20.7%
Q2 25
-396373.3%
23.4%
Q1 25
-383007.1%
24.1%
Q4 24
25.5%
Q3 24
-1704400.0%
14.4%
Q2 24
-849120.0%
21.3%
Q1 24
-136200.0%
21.2%
Net Margin
FDMT
FDMT
FMNB
FMNB
Q4 25
22.8%
20.5%
Q3 25
-63195.6%
17.6%
Q2 25
-364386.7%
19.9%
Q1 25
-342657.1%
20.0%
Q4 24
20.8%
Q3 24
-1461433.3%
12.1%
Q2 24
-699060.0%
17.7%
Q1 24
-115717.9%
17.7%
EPS (diluted)
FDMT
FDMT
FMNB
FMNB
Q4 25
$0.43
$0.39
Q3 25
$-1.01
$0.33
Q2 25
$-0.98
$0.37
Q1 25
$-0.86
$0.36
Q4 24
$0.38
Q3 24
$-0.79
$0.23
Q2 24
$-0.63
$0.31
Q1 24
$-0.66
$0.30

Balance Sheet & Financial Strength

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

Metric
FDMT
FDMT
FMNB
FMNB
Cash + ST InvestmentsLiquidity on hand
$402.7M
Total DebtLower is stronger
$86.7M
Stockholders' EquityBook value
$505.7M
$485.7M
Total Assets
$566.7M
$5.2B
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FDMT
FDMT
FMNB
FMNB
Q4 25
$402.7M
Q3 25
$305.1M
Q2 25
$293.2M
Q1 25
$321.4M
Q4 24
$424.9M
Q3 24
$501.9M
Q2 24
$541.9M
Q1 24
$525.9M
Total Debt
FDMT
FDMT
FMNB
FMNB
Q4 25
$86.7M
Q3 25
$86.6M
Q2 25
$86.4M
Q1 25
$86.3M
Q4 24
$86.2M
Q3 24
$86.0M
Q2 24
$88.9M
Q1 24
$88.8M
Stockholders' Equity
FDMT
FDMT
FMNB
FMNB
Q4 25
$505.7M
$485.7M
Q3 25
$369.0M
$465.9M
Q2 25
$420.9M
$437.7M
Q1 25
$469.7M
$429.1M
Q4 24
$510.6M
$406.0M
Q3 24
$552.9M
$439.7M
Q2 24
$588.3M
$396.7M
Q1 24
$600.6M
$397.0M
Total Assets
FDMT
FDMT
FMNB
FMNB
Q4 25
$566.7M
$5.2B
Q3 25
$424.0M
$5.2B
Q2 25
$473.6M
$5.2B
Q1 25
$515.7M
$5.2B
Q4 24
$560.4M
$5.1B
Q3 24
$604.0M
$5.2B
Q2 24
$620.1M
$5.2B
Q1 24
$629.9M
$5.1B
Debt / Equity
FDMT
FDMT
FMNB
FMNB
Q4 25
0.18×
Q3 25
0.19×
Q2 25
0.20×
Q1 25
0.20×
Q4 24
0.21×
Q3 24
0.20×
Q2 24
0.22×
Q1 24
0.22×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FDMT
FDMT
FMNB
FMNB
Operating Cash FlowLast quarter
$28.6M
$60.0M
Free Cash FlowOCF − Capex
$28.5M
$52.2M
FCF MarginFCF / Revenue
33.5%
73.0%
Capex IntensityCapex / Revenue
0.1%
11.0%
Cash ConversionOCF / Net Profit
1.47×
4.10×
TTM Free Cash FlowTrailing 4 quarters
$-109.9M
$85.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FDMT
FDMT
FMNB
FMNB
Q4 25
$28.6M
$60.0M
Q3 25
$-46.5M
$10.7M
Q2 25
$-43.4M
$14.0M
Q1 25
$-47.8M
$15.7M
Q4 24
$-134.6M
$66.6M
Q3 24
$-29.4M
$23.9M
Q2 24
$-30.2M
$16.6M
Q1 24
$-29.1M
$13.7M
Free Cash Flow
FDMT
FDMT
FMNB
FMNB
Q4 25
$28.5M
$52.2M
Q3 25
$-46.6M
$9.0M
Q2 25
$-43.4M
$12.4M
Q1 25
$-48.4M
$12.2M
Q4 24
$-138.4M
$54.9M
Q3 24
$-31.2M
$20.4M
Q2 24
$-30.6M
$14.4M
Q1 24
$-29.8M
$12.2M
FCF Margin
FDMT
FDMT
FMNB
FMNB
Q4 25
33.5%
73.0%
Q3 25
-51765.6%
12.8%
Q2 25
-289620.0%
17.8%
Q1 25
-345635.7%
18.0%
Q4 24
-13837100.0%
79.2%
Q3 24
-1038966.7%
29.1%
Q2 24
-611840.0%
21.6%
Q1 24
-106421.4%
19.2%
Capex Intensity
FDMT
FDMT
FMNB
FMNB
Q4 25
0.1%
11.0%
Q3 25
101.1%
2.4%
Q2 25
440.0%
2.3%
Q1 25
4507.1%
5.2%
Q4 24
378600.0%
16.9%
Q3 24
59266.7%
4.9%
Q2 24
6980.0%
3.3%
Q1 24
2535.7%
2.4%
Cash Conversion
FDMT
FDMT
FMNB
FMNB
Q4 25
1.47×
4.10×
Q3 25
0.86×
Q2 25
1.01×
Q1 25
1.15×
Q4 24
4.63×
Q3 24
2.80×
Q2 24
1.41×
Q1 24
1.22×

Financial Flow Comparison

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

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