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Side-by-side financial comparison of 4D Molecular Therapeutics, Inc. (FDMT) and Porch Group, Inc. (PRCH). Click either name above to swap in a different company.
Porch Group, Inc. is the larger business by last-quarter revenue ($121.1M vs $85.1M, roughly 1.4× 4D Molecular Therapeutics, Inc.). 4D Molecular Therapeutics, Inc. runs the higher net margin — 22.8% vs -3.9%, a 26.7% gap on every dollar of revenue. On growth, 4D Molecular Therapeutics, Inc. posted the faster year-over-year revenue change (8508900.0% vs 100.0%). Over the past eight quarters, 4D Molecular Therapeutics, Inc.'s revenue compounded faster (5412.6% CAGR vs 26.4%).
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.
Porch is a website that tries to connect homeowners with local home improvement contractors. The site features advice articles, cost guide, and online booking for over 160 home projects.
FDMT vs PRCH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $85.1M | $121.1M |
| Net Profit | $19.4M | $-4.7M |
| Gross Margin | — | 52.7% |
| Operating Margin | 17.3% | 34.7% |
| Net Margin | 22.8% | -3.9% |
| Revenue YoY | 8508900.0% | 100.0% |
| Net Profit YoY | 139.1% | 2.0% |
| EPS (diluted) | $0.43 | $-0.04 |
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 | — | $121.1M | ||
| Q4 25 | $85.1M | $112.3M | ||
| Q3 25 | $90.0K | $115.1M | ||
| Q2 25 | $15.0K | $107.0M | ||
| Q1 25 | $14.0K | $84.5M | ||
| Q4 24 | $1.0K | $75.3M | ||
| Q3 24 | $3.0K | $77.7M | ||
| Q2 24 | $5.0K | $75.9M |
| Q1 26 | — | $-4.7M | ||
| Q4 25 | $19.4M | $-3.5M | ||
| Q3 25 | $-56.9M | $-10.9M | ||
| Q2 25 | $-54.7M | $2.6M | ||
| Q1 25 | $-48.0M | $8.4M | ||
| Q4 24 | — | $30.5M | ||
| Q3 24 | $-43.8M | $14.4M | ||
| Q2 24 | $-35.0M | $-64.3M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | — | 99.5% | ||
| Q3 25 | — | 75.6% | ||
| Q2 25 | — | 70.9% | ||
| Q1 25 | — | 77.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 79.4% | ||
| Q2 24 | — | 22.1% |
| Q1 26 | — | 34.7% | ||
| Q4 25 | 17.3% | 14.7% | ||
| Q3 25 | -67983.3% | 14.2% | ||
| Q2 25 | -396373.3% | 4.7% | ||
| Q1 25 | -383007.1% | -1.5% | ||
| Q4 24 | — | 33.3% | ||
| Q3 24 | -1704400.0% | -3.2% | ||
| Q2 24 | -849120.0% | -69.2% |
| Q1 26 | — | -3.9% | ||
| Q4 25 | 22.8% | -3.1% | ||
| Q3 25 | -63195.6% | -9.4% | ||
| Q2 25 | -364386.7% | 2.4% | ||
| Q1 25 | -342657.1% | 9.9% | ||
| Q4 24 | — | 40.5% | ||
| Q3 24 | -1461433.3% | 18.5% | ||
| Q2 24 | -699060.0% | -84.8% |
| Q1 26 | — | $-0.04 | ||
| Q4 25 | $0.43 | $0.00 | ||
| Q3 25 | $-1.01 | $-0.10 | ||
| Q2 25 | $-0.98 | $0.00 | ||
| Q1 25 | $-0.86 | $0.07 | ||
| Q4 24 | — | $0.34 | ||
| Q3 24 | $-0.79 | $0.12 | ||
| Q2 24 | $-0.63 | $-0.65 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $402.7M | $68.4M |
| Total DebtLower is stronger | — | $391.3M |
| Stockholders' EquityBook value | $505.7M | $26.3M |
| Total Assets | $566.7M | $806.6M |
| Debt / EquityLower = less leverage | — | 14.87× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $68.4M | ||
| Q4 25 | $402.7M | $57.3M | ||
| Q3 25 | $305.1M | $85.0M | ||
| Q2 25 | $293.2M | $79.8M | ||
| Q1 25 | $321.4M | $70.4M | ||
| Q4 24 | $424.9M | $191.7M | ||
| Q3 24 | $501.9M | $238.6M | ||
| Q2 24 | $541.9M | $308.4M |
| Q1 26 | — | $391.3M | ||
| Q4 25 | — | $392.8M | ||
| Q3 25 | — | $387.1M | ||
| Q2 25 | — | $394.1M | ||
| Q1 25 | — | $409.2M | ||
| Q4 24 | — | $403.9M | ||
| Q3 24 | — | $399.0M | ||
| Q2 24 | — | $436.8M |
| Q1 26 | — | $26.3M | ||
| Q4 25 | $505.7M | $-24.6M | ||
| Q3 25 | $369.0M | $-27.9M | ||
| Q2 25 | $420.9M | $-29.3M | ||
| Q1 25 | $469.7M | $-52.4M | ||
| Q4 24 | $510.6M | $-43.2M | ||
| Q3 24 | $552.9M | $-77.0M | ||
| Q2 24 | $588.3M | $-101.9M |
| Q1 26 | — | $806.6M | ||
| Q4 25 | $566.7M | $797.4M | ||
| Q3 25 | $424.0M | $787.7M | ||
| Q2 25 | $473.6M | $770.7M | ||
| Q1 25 | $515.7M | $802.3M | ||
| Q4 24 | $560.4M | $814.0M | ||
| Q3 24 | $604.0M | $867.3M | ||
| Q2 24 | $620.1M | $876.1M |
| Q1 26 | — | 14.87× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $28.6M | $1.2M | ||
| Q3 25 | $-46.5M | $40.8M | ||
| Q2 25 | $-43.4M | $35.6M | ||
| Q1 25 | $-47.8M | $-11.2M | ||
| Q4 24 | $-134.6M | $-26.6M | ||
| Q3 24 | $-29.4M | $12.4M | ||
| Q2 24 | $-30.2M | $-26.0M |
| Q1 26 | — | — | ||
| Q4 25 | $28.5M | $1.1M | ||
| Q3 25 | $-46.6M | $40.7M | ||
| Q2 25 | $-43.4M | $35.4M | ||
| Q1 25 | $-48.4M | $-11.2M | ||
| Q4 24 | $-138.4M | $-26.8M | ||
| Q3 24 | $-31.2M | $12.2M | ||
| Q2 24 | $-30.6M | $-26.0M |
| Q1 26 | — | — | ||
| Q4 25 | 33.5% | 1.0% | ||
| Q3 25 | -51765.6% | 35.4% | ||
| Q2 25 | -289620.0% | 33.0% | ||
| Q1 25 | -345635.7% | -13.3% | ||
| Q4 24 | -13837100.0% | -35.6% | ||
| Q3 24 | -1038966.7% | 15.7% | ||
| Q2 24 | -611840.0% | -34.3% |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 0.1% | ||
| Q3 25 | 101.1% | 0.1% | ||
| Q2 25 | 440.0% | 0.2% | ||
| Q1 25 | 4507.1% | 0.1% | ||
| Q4 24 | 378600.0% | 0.3% | ||
| Q3 24 | 59266.7% | 0.3% | ||
| Q2 24 | 6980.0% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.47× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 13.79× | ||
| Q1 25 | — | -1.33× | ||
| Q4 24 | — | -0.87× | ||
| Q3 24 | — | 0.86× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
