vs

Side-by-side financial comparison of 4D Molecular Therapeutics, Inc. (FDMT) and HANMI FINANCIAL CORP (HAFC). 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 $71.2M, roughly 1.2× HANMI FINANCIAL CORP). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs 22.8%, a 7.0% gap on every dollar of revenue. On growth, 4D Molecular Therapeutics, Inc. posted the faster year-over-year revenue change (8508900.0% vs 17.1%). HANMI FINANCIAL CORP produced more free cash flow last quarter ($203.7M vs $28.5M). Over the past eight quarters, 4D Molecular Therapeutics, Inc.'s revenue compounded faster (5412.6% CAGR vs 10.4%).

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.

Hanmi Bank Corporation is a community bank headquartered in Los Angeles, California, with 35 branches and eight loan production offices in California, Texas, Illinois, New York, New Jersey and Virginia.

FDMT vs HAFC — Head-to-Head

Bigger by revenue
FDMT
FDMT
1.2× larger
FDMT
$85.1M
$71.2M
HAFC
Growing faster (revenue YoY)
FDMT
FDMT
+8508882.9% gap
FDMT
8508900.0%
17.1%
HAFC
Higher net margin
HAFC
HAFC
7.0% more per $
HAFC
29.8%
22.8%
FDMT
More free cash flow
HAFC
HAFC
$175.2M more FCF
HAFC
$203.7M
$28.5M
FDMT
Faster 2-yr revenue CAGR
FDMT
FDMT
Annualised
FDMT
5412.6%
10.4%
HAFC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FDMT
FDMT
HAFC
HAFC
Revenue
$85.1M
$71.2M
Net Profit
$19.4M
$21.2M
Gross Margin
Operating Margin
17.3%
29.8%
Net Margin
22.8%
29.8%
Revenue YoY
8508900.0%
17.1%
Net Profit YoY
139.1%
20.0%
EPS (diluted)
$0.43
$0.70

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
HAFC
HAFC
Q4 25
$85.1M
$71.2M
Q3 25
$90.0K
$71.0M
Q2 25
$15.0K
$65.2M
Q1 25
$14.0K
$62.8M
Q4 24
$1.0K
$60.8M
Q3 24
$3.0K
$58.5M
Q2 24
$5.0K
$56.7M
Q1 24
$28.0K
$58.4M
Net Profit
FDMT
FDMT
HAFC
HAFC
Q4 25
$19.4M
$21.2M
Q3 25
$-56.9M
$22.1M
Q2 25
$-54.7M
$15.1M
Q1 25
$-48.0M
$17.7M
Q4 24
$17.7M
Q3 24
$-43.8M
$14.9M
Q2 24
$-35.0M
$14.5M
Q1 24
$-32.4M
$15.2M
Operating Margin
FDMT
FDMT
HAFC
HAFC
Q4 25
17.3%
29.8%
Q3 25
-67983.3%
31.1%
Q2 25
-396373.3%
23.2%
Q1 25
-383007.1%
28.1%
Q4 24
29.1%
Q3 24
-1704400.0%
25.5%
Q2 24
-849120.0%
25.5%
Q1 24
-136200.0%
26.0%
Net Margin
FDMT
FDMT
HAFC
HAFC
Q4 25
22.8%
29.8%
Q3 25
-63195.6%
31.1%
Q2 25
-364386.7%
23.2%
Q1 25
-342657.1%
28.1%
Q4 24
29.1%
Q3 24
-1461433.3%
25.5%
Q2 24
-699060.0%
25.5%
Q1 24
-115717.9%
26.0%
EPS (diluted)
FDMT
FDMT
HAFC
HAFC
Q4 25
$0.43
$0.70
Q3 25
$-1.01
$0.73
Q2 25
$-0.98
$0.50
Q1 25
$-0.86
$0.58
Q4 24
$0.58
Q3 24
$-0.79
$0.49
Q2 24
$-0.63
$0.48
Q1 24
$-0.66
$0.50

Balance Sheet & Financial Strength

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

Metric
FDMT
FDMT
HAFC
HAFC
Cash + ST InvestmentsLiquidity on hand
$402.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$505.7M
$796.4M
Total Assets
$566.7M
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FDMT
FDMT
HAFC
HAFC
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
Stockholders' Equity
FDMT
FDMT
HAFC
HAFC
Q4 25
$505.7M
$796.4M
Q3 25
$369.0M
$779.5M
Q2 25
$420.9M
$762.8M
Q1 25
$469.7M
$751.5M
Q4 24
$510.6M
$732.2M
Q3 24
$552.9M
$736.7M
Q2 24
$588.3M
$707.1M
Q1 24
$600.6M
$703.1M
Total Assets
FDMT
FDMT
HAFC
HAFC
Q4 25
$566.7M
$7.9B
Q3 25
$424.0M
$7.9B
Q2 25
$473.6M
$7.9B
Q1 25
$515.7M
$7.7B
Q4 24
$560.4M
$7.7B
Q3 24
$604.0M
$7.7B
Q2 24
$620.1M
$7.6B
Q1 24
$629.9M
$7.5B

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
HAFC
HAFC
Operating Cash FlowLast quarter
$28.6M
$206.0M
Free Cash FlowOCF − Capex
$28.5M
$203.7M
FCF MarginFCF / Revenue
33.5%
286.2%
Capex IntensityCapex / Revenue
0.1%
3.2%
Cash ConversionOCF / Net Profit
1.47×
9.70×
TTM Free Cash FlowTrailing 4 quarters
$-109.9M
$356.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FDMT
FDMT
HAFC
HAFC
Q4 25
$28.6M
$206.0M
Q3 25
$-46.5M
$146.9M
Q2 25
$-43.4M
$-19.0M
Q1 25
$-47.8M
$25.8M
Q4 24
$-134.6M
$52.6M
Q3 24
$-29.4M
$6.7M
Q2 24
$-30.2M
$2.1M
Q1 24
$-29.1M
$30.0M
Free Cash Flow
FDMT
FDMT
HAFC
HAFC
Q4 25
$28.5M
$203.7M
Q3 25
$-46.6M
$146.4M
Q2 25
$-43.4M
$-19.6M
Q1 25
$-48.4M
$25.6M
Q4 24
$-138.4M
$49.9M
Q3 24
$-31.2M
$6.5M
Q2 24
$-30.6M
$1.3M
Q1 24
$-29.8M
$29.2M
FCF Margin
FDMT
FDMT
HAFC
HAFC
Q4 25
33.5%
286.2%
Q3 25
-51765.6%
206.3%
Q2 25
-289620.0%
-30.0%
Q1 25
-345635.7%
40.7%
Q4 24
-13837100.0%
82.1%
Q3 24
-1038966.7%
11.1%
Q2 24
-611840.0%
2.3%
Q1 24
-106421.4%
50.0%
Capex Intensity
FDMT
FDMT
HAFC
HAFC
Q4 25
0.1%
3.2%
Q3 25
101.1%
0.8%
Q2 25
440.0%
0.9%
Q1 25
4507.1%
0.4%
Q4 24
378600.0%
4.3%
Q3 24
59266.7%
0.4%
Q2 24
6980.0%
1.4%
Q1 24
2535.7%
1.4%
Cash Conversion
FDMT
FDMT
HAFC
HAFC
Q4 25
1.47×
9.70×
Q3 25
6.66×
Q2 25
-1.26×
Q1 25
1.46×
Q4 24
2.97×
Q3 24
0.45×
Q2 24
0.14×
Q1 24
1.98×

Financial Flow Comparison

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

Related Comparisons