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Side-by-side financial comparison of 4D Molecular Therapeutics, Inc. (FDMT) and MetroCity Bankshares, Inc. (MCBS). 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 $43.7M, roughly 1.9× MetroCity Bankshares, Inc.). MetroCity Bankshares, Inc. runs the higher net margin — 50.5% vs 22.8%, a 27.7% gap on every dollar of revenue. On growth, 4D Molecular Therapeutics, Inc. posted the faster year-over-year revenue change (8508900.0% vs 23.6%). MetroCity Bankshares, Inc. produced more free cash flow last quarter ($37.0M vs $28.5M). Over the past eight quarters, 4D Molecular Therapeutics, Inc.'s revenue compounded faster (5412.6% CAGR vs 15.7%).

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.

Metro City Bank is a Korean-American bank based in Doraville, Georgia and offers personal and commercial banking services. It is the largest Korean-American bank to not be based out of Los Angeles, California. It currently operates a total of 19 branches in Texas, New York, New Jersey, Virginia, Georgia, Alabama, and Florida.

FDMT vs MCBS — Head-to-Head

Bigger by revenue
FDMT
FDMT
1.9× larger
FDMT
$85.1M
$43.7M
MCBS
Growing faster (revenue YoY)
FDMT
FDMT
+8508876.4% gap
FDMT
8508900.0%
23.6%
MCBS
Higher net margin
MCBS
MCBS
27.7% more per $
MCBS
50.5%
22.8%
FDMT
More free cash flow
MCBS
MCBS
$8.5M more FCF
MCBS
$37.0M
$28.5M
FDMT
Faster 2-yr revenue CAGR
FDMT
FDMT
Annualised
FDMT
5412.6%
15.7%
MCBS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FDMT
FDMT
MCBS
MCBS
Revenue
$85.1M
$43.7M
Net Profit
$19.4M
$18.1M
Gross Margin
Operating Margin
17.3%
52.8%
Net Margin
22.8%
50.5%
Revenue YoY
8508900.0%
23.6%
Net Profit YoY
139.1%
11.7%
EPS (diluted)
$0.43
$0.69

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
MCBS
MCBS
Q4 25
$85.1M
$43.7M
Q3 25
$90.0K
$38.0M
Q2 25
$15.0K
$37.9M
Q1 25
$14.0K
$36.0M
Q4 24
$1.0K
$35.4M
Q3 24
$3.0K
$36.9M
Q2 24
$5.0K
$36.3M
Q1 24
$28.0K
$32.7M
Net Profit
FDMT
FDMT
MCBS
MCBS
Q4 25
$19.4M
$18.1M
Q3 25
$-56.9M
$17.3M
Q2 25
$-54.7M
$16.8M
Q1 25
$-48.0M
$16.3M
Q4 24
$16.2M
Q3 24
$-43.8M
$16.7M
Q2 24
$-35.0M
$16.9M
Q1 24
$-32.4M
$14.6M
Operating Margin
FDMT
FDMT
MCBS
MCBS
Q4 25
17.3%
52.8%
Q3 25
-67983.3%
62.8%
Q2 25
-396373.3%
62.4%
Q1 25
-383007.1%
61.3%
Q4 24
58.9%
Q3 24
-1704400.0%
61.4%
Q2 24
-849120.0%
64.4%
Q1 24
-136200.0%
62.6%
Net Margin
FDMT
FDMT
MCBS
MCBS
Q4 25
22.8%
50.5%
Q3 25
-63195.6%
45.5%
Q2 25
-364386.7%
44.4%
Q1 25
-342657.1%
45.3%
Q4 24
54.0%
Q3 24
-1461433.3%
45.3%
Q2 24
-699060.0%
46.7%
Q1 24
-115717.9%
44.8%
EPS (diluted)
FDMT
FDMT
MCBS
MCBS
Q4 25
$0.43
$0.69
Q3 25
$-1.01
$0.67
Q2 25
$-0.98
$0.65
Q1 25
$-0.86
$0.63
Q4 24
$0.64
Q3 24
$-0.79
$0.65
Q2 24
$-0.63
$0.66
Q1 24
$-0.66
$0.57

Balance Sheet & Financial Strength

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

Metric
FDMT
FDMT
MCBS
MCBS
Cash + ST InvestmentsLiquidity on hand
$402.7M
$383.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$505.7M
$544.2M
Total Assets
$566.7M
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FDMT
FDMT
MCBS
MCBS
Q4 25
$402.7M
$383.7M
Q3 25
$305.1M
$227.2M
Q2 25
$293.2M
$286.0M
Q1 25
$321.4M
$285.1M
Q4 24
$424.9M
$249.9M
Q3 24
$501.9M
$291.2M
Q2 24
$541.9M
$327.9M
Q1 24
$525.9M
$258.8M
Stockholders' Equity
FDMT
FDMT
MCBS
MCBS
Q4 25
$505.7M
$544.2M
Q3 25
$369.0M
$445.9M
Q2 25
$420.9M
$436.1M
Q1 25
$469.7M
$428.0M
Q4 24
$510.6M
$421.4M
Q3 24
$552.9M
$407.2M
Q2 24
$588.3M
$407.2M
Q1 24
$600.6M
$396.6M
Total Assets
FDMT
FDMT
MCBS
MCBS
Q4 25
$566.7M
$4.8B
Q3 25
$424.0M
$3.6B
Q2 25
$473.6M
$3.6B
Q1 25
$515.7M
$3.7B
Q4 24
$560.4M
$3.6B
Q3 24
$604.0M
$3.6B
Q2 24
$620.1M
$3.6B
Q1 24
$629.9M
$3.6B

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
MCBS
MCBS
Operating Cash FlowLast quarter
$28.6M
$37.7M
Free Cash FlowOCF − Capex
$28.5M
$37.0M
FCF MarginFCF / Revenue
33.5%
84.7%
Capex IntensityCapex / Revenue
0.1%
1.5%
Cash ConversionOCF / Net Profit
1.47×
2.08×
TTM Free Cash FlowTrailing 4 quarters
$-109.9M
$79.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FDMT
FDMT
MCBS
MCBS
Q4 25
$28.6M
$37.7M
Q3 25
$-46.5M
$16.5M
Q2 25
$-43.4M
$14.5M
Q1 25
$-47.8M
$11.9M
Q4 24
$-134.6M
$63.5M
Q3 24
$-29.4M
$-11.5M
Q2 24
$-30.2M
$19.4M
Q1 24
$-29.1M
$36.4M
Free Cash Flow
FDMT
FDMT
MCBS
MCBS
Q4 25
$28.5M
$37.0M
Q3 25
$-46.6M
$16.2M
Q2 25
$-43.4M
$14.3M
Q1 25
$-48.4M
$11.8M
Q4 24
$-138.4M
$62.2M
Q3 24
$-31.2M
$-11.8M
Q2 24
$-30.6M
$19.0M
Q1 24
$-29.8M
$36.1M
FCF Margin
FDMT
FDMT
MCBS
MCBS
Q4 25
33.5%
84.7%
Q3 25
-51765.6%
42.7%
Q2 25
-289620.0%
37.8%
Q1 25
-345635.7%
32.9%
Q4 24
-13837100.0%
175.8%
Q3 24
-1038966.7%
-31.9%
Q2 24
-611840.0%
52.4%
Q1 24
-106421.4%
110.6%
Capex Intensity
FDMT
FDMT
MCBS
MCBS
Q4 25
0.1%
1.5%
Q3 25
101.1%
0.7%
Q2 25
440.0%
0.3%
Q1 25
4507.1%
0.2%
Q4 24
378600.0%
3.6%
Q3 24
59266.7%
0.8%
Q2 24
6980.0%
1.0%
Q1 24
2535.7%
0.7%
Cash Conversion
FDMT
FDMT
MCBS
MCBS
Q4 25
1.47×
2.08×
Q3 25
0.95×
Q2 25
0.86×
Q1 25
0.73×
Q4 24
3.91×
Q3 24
-0.69×
Q2 24
1.14×
Q1 24
2.49×

Financial Flow Comparison

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

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