vs

Side-by-side financial comparison of 4D Molecular Therapeutics, Inc. (FDMT) and MEDALLION FINANCIAL CORP (MFIN). 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 $70.6M, roughly 1.2× MEDALLION FINANCIAL CORP). 4D Molecular Therapeutics, Inc. runs the higher net margin — 22.8% vs 17.3%, a 5.5% gap on every dollar of revenue. On growth, 4D Molecular Therapeutics, Inc. posted the faster year-over-year revenue change (8508900.0% vs 25.4%). Over the past eight quarters, 4D Molecular Therapeutics, Inc.'s revenue compounded faster (5412.6% CAGR vs 15.0%).

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.

Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.

FDMT vs MFIN — Head-to-Head

Bigger by revenue
FDMT
FDMT
1.2× larger
FDMT
$85.1M
$70.6M
MFIN
Growing faster (revenue YoY)
FDMT
FDMT
+8508874.6% gap
FDMT
8508900.0%
25.4%
MFIN
Higher net margin
FDMT
FDMT
5.5% more per $
FDMT
22.8%
17.3%
MFIN
Faster 2-yr revenue CAGR
FDMT
FDMT
Annualised
FDMT
5412.6%
15.0%
MFIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FDMT
FDMT
MFIN
MFIN
Revenue
$85.1M
$70.6M
Net Profit
$19.4M
$12.2M
Gross Margin
Operating Margin
17.3%
29.3%
Net Margin
22.8%
17.3%
Revenue YoY
8508900.0%
25.4%
Net Profit YoY
139.1%
20.3%
EPS (diluted)
$0.43
$0.50

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
MFIN
MFIN
Q4 25
$85.1M
$70.6M
Q3 25
$90.0K
$58.7M
Q2 25
$15.0K
$62.6M
Q1 25
$14.0K
$63.0M
Q4 24
$1.0K
$56.3M
Q3 24
$3.0K
$53.3M
Q2 24
$5.0K
$51.0M
Q1 24
$28.0K
$53.3M
Net Profit
FDMT
FDMT
MFIN
MFIN
Q4 25
$19.4M
$12.2M
Q3 25
$-56.9M
$7.8M
Q2 25
$-54.7M
$11.1M
Q1 25
$-48.0M
$12.0M
Q4 24
$10.1M
Q3 24
$-43.8M
$8.6M
Q2 24
$-35.0M
$7.1M
Q1 24
$-32.4M
$10.0M
Operating Margin
FDMT
FDMT
MFIN
MFIN
Q4 25
17.3%
29.3%
Q3 25
-67983.3%
33.2%
Q2 25
-396373.3%
31.1%
Q1 25
-383007.1%
32.1%
Q4 24
32.8%
Q3 24
-1704400.0%
26.6%
Q2 24
-849120.0%
24.3%
Q1 24
-136200.0%
33.6%
Net Margin
FDMT
FDMT
MFIN
MFIN
Q4 25
22.8%
17.3%
Q3 25
-63195.6%
13.2%
Q2 25
-364386.7%
17.7%
Q1 25
-342657.1%
19.1%
Q4 24
18.0%
Q3 24
-1461433.3%
16.1%
Q2 24
-699060.0%
13.9%
Q1 24
-115717.9%
18.8%
EPS (diluted)
FDMT
FDMT
MFIN
MFIN
Q4 25
$0.43
$0.50
Q3 25
$-1.01
$0.32
Q2 25
$-0.98
$0.46
Q1 25
$-0.86
$0.50
Q4 24
$0.43
Q3 24
$-0.79
$0.37
Q2 24
$-0.63
$0.30
Q1 24
$-0.66
$0.42

Balance Sheet & Financial Strength

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

Metric
FDMT
FDMT
MFIN
MFIN
Cash + ST InvestmentsLiquidity on hand
$402.7M
$136.3M
Total DebtLower is stronger
$216.0M
Stockholders' EquityBook value
$505.7M
$408.6M
Total Assets
$566.7M
$3.0B
Debt / EquityLower = less leverage
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FDMT
FDMT
MFIN
MFIN
Q4 25
$402.7M
$136.3M
Q3 25
$305.1M
$72.5M
Q2 25
$293.2M
$110.4M
Q1 25
$321.4M
$131.5M
Q4 24
$424.9M
$98.2M
Q3 24
$501.9M
$120.6M
Q2 24
$541.9M
$87.7M
Q1 24
$525.9M
$54.8M
Total Debt
FDMT
FDMT
MFIN
MFIN
Q4 25
$216.0M
Q3 25
$215.7M
Q2 25
$199.9M
Q1 25
$199.7M
Q4 24
$232.2M
Q3 24
$232.0M
Q2 24
$230.8M
Q1 24
$225.6M
Stockholders' Equity
FDMT
FDMT
MFIN
MFIN
Q4 25
$505.7M
$408.6M
Q3 25
$369.0M
$397.4M
Q2 25
$420.9M
$389.9M
Q1 25
$469.7M
$380.2M
Q4 24
$510.6M
$370.2M
Q3 24
$552.9M
$362.4M
Q2 24
$588.3M
$354.0M
Q1 24
$600.6M
$349.0M
Total Assets
FDMT
FDMT
MFIN
MFIN
Q4 25
$566.7M
$3.0B
Q3 25
$424.0M
$2.9B
Q2 25
$473.6M
$2.9B
Q1 25
$515.7M
$2.8B
Q4 24
$560.4M
$2.9B
Q3 24
$604.0M
$2.9B
Q2 24
$620.1M
$2.8B
Q1 24
$629.9M
$2.6B
Debt / Equity
FDMT
FDMT
MFIN
MFIN
Q4 25
0.53×
Q3 25
0.54×
Q2 25
0.51×
Q1 25
0.53×
Q4 24
0.63×
Q3 24
0.64×
Q2 24
0.65×
Q1 24
0.65×

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
MFIN
MFIN
Operating Cash FlowLast quarter
$28.6M
$126.3M
Free Cash FlowOCF − Capex
$28.5M
FCF MarginFCF / Revenue
33.5%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.47×
10.35×
TTM Free Cash FlowTrailing 4 quarters
$-109.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FDMT
FDMT
MFIN
MFIN
Q4 25
$28.6M
$126.3M
Q3 25
$-46.5M
$67.0M
Q2 25
$-43.4M
$-10.7M
Q1 25
$-47.8M
$36.3M
Q4 24
$-134.6M
$108.7M
Q3 24
$-29.4M
$24.6M
Q2 24
$-30.2M
$27.6M
Q1 24
$-29.1M
$32.3M
Free Cash Flow
FDMT
FDMT
MFIN
MFIN
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 24
$-29.8M
FCF Margin
FDMT
FDMT
MFIN
MFIN
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 24
-106421.4%
Capex Intensity
FDMT
FDMT
MFIN
MFIN
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 24
2535.7%
Cash Conversion
FDMT
FDMT
MFIN
MFIN
Q4 25
1.47×
10.35×
Q3 25
8.63×
Q2 25
-0.97×
Q1 25
3.02×
Q4 24
10.72×
Q3 24
2.86×
Q2 24
3.89×
Q1 24
3.22×

Financial Flow Comparison

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

Related Comparisons