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Side-by-side financial comparison of 4D Molecular Therapeutics, Inc. (FDMT) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.

STURM RUGER & CO INC is the larger business by last-quarter revenue ($151.1M vs $85.1M, roughly 1.8× 4D Molecular Therapeutics, Inc.). On growth, 4D Molecular Therapeutics, Inc. posted the faster year-over-year revenue change (8508900.0% vs 3.6%). 4D Molecular Therapeutics, Inc. produced more free cash flow last quarter ($28.5M vs $12.3M). Over the past eight quarters, 4D Molecular Therapeutics, Inc.'s revenue compounded faster (5412.6% CAGR vs 5.1%).

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.

Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.

FDMT vs RGR — Head-to-Head

Bigger by revenue
RGR
RGR
1.8× larger
RGR
$151.1M
$85.1M
FDMT
Growing faster (revenue YoY)
FDMT
FDMT
+8508896.4% gap
FDMT
8508900.0%
3.6%
RGR
More free cash flow
FDMT
FDMT
$16.1M more FCF
FDMT
$28.5M
$12.3M
RGR
Faster 2-yr revenue CAGR
FDMT
FDMT
Annualised
FDMT
5412.6%
5.1%
RGR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FDMT
FDMT
RGR
RGR
Revenue
$85.1M
$151.1M
Net Profit
$19.4M
Gross Margin
17.8%
Operating Margin
17.3%
2.3%
Net Margin
22.8%
Revenue YoY
8508900.0%
3.6%
Net Profit YoY
139.1%
EPS (diluted)
$0.43
$0.22

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
RGR
RGR
Q4 25
$85.1M
$151.1M
Q3 25
$90.0K
$126.8M
Q2 25
$15.0K
$132.5M
Q1 25
$14.0K
$135.7M
Q4 24
$1.0K
$145.8M
Q3 24
$3.0K
$122.3M
Q2 24
$5.0K
$130.8M
Q1 24
$28.0K
$136.8M
Net Profit
FDMT
FDMT
RGR
RGR
Q4 25
$19.4M
Q3 25
$-56.9M
$1.6M
Q2 25
$-54.7M
$-17.2M
Q1 25
$-48.0M
$7.8M
Q4 24
Q3 24
$-43.8M
$4.7M
Q2 24
$-35.0M
$8.3M
Q1 24
$-32.4M
$7.1M
Gross Margin
FDMT
FDMT
RGR
RGR
Q4 25
17.8%
Q3 25
15.1%
Q2 25
3.9%
Q1 25
22.0%
Q4 24
22.8%
Q3 24
18.5%
Q2 24
22.3%
Q1 24
21.5%
Operating Margin
FDMT
FDMT
RGR
RGR
Q4 25
17.3%
2.3%
Q3 25
-67983.3%
-2.7%
Q2 25
-396373.3%
-15.6%
Q1 25
-383007.1%
6.2%
Q4 24
7.8%
Q3 24
-1704400.0%
3.1%
Q2 24
-849120.0%
6.9%
Q1 24
-136200.0%
5.5%
Net Margin
FDMT
FDMT
RGR
RGR
Q4 25
22.8%
Q3 25
-63195.6%
1.2%
Q2 25
-364386.7%
-13.0%
Q1 25
-342657.1%
5.7%
Q4 24
Q3 24
-1461433.3%
3.9%
Q2 24
-699060.0%
6.3%
Q1 24
-115717.9%
5.2%
EPS (diluted)
FDMT
FDMT
RGR
RGR
Q4 25
$0.43
$0.22
Q3 25
$-1.01
$0.10
Q2 25
$-0.98
$-1.05
Q1 25
$-0.86
$0.46
Q4 24
$0.62
Q3 24
$-0.79
$0.28
Q2 24
$-0.63
$0.47
Q1 24
$-0.66
$0.40

Balance Sheet & Financial Strength

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

Metric
FDMT
FDMT
RGR
RGR
Cash + ST InvestmentsLiquidity on hand
$402.7M
$92.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$505.7M
$283.8M
Total Assets
$566.7M
$342.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FDMT
FDMT
RGR
RGR
Q4 25
$402.7M
$92.5M
Q3 25
$305.1M
$80.8M
Q2 25
$293.2M
$101.4M
Q1 25
$321.4M
$108.3M
Q4 24
$424.9M
$105.5M
Q3 24
$501.9M
$96.0M
Q2 24
$541.9M
$105.6M
Q1 24
$525.9M
$115.3M
Stockholders' Equity
FDMT
FDMT
RGR
RGR
Q4 25
$505.7M
$283.8M
Q3 25
$369.0M
$279.6M
Q2 25
$420.9M
$289.3M
Q1 25
$469.7M
$321.5M
Q4 24
$510.6M
$319.6M
Q3 24
$552.9M
$314.9M
Q2 24
$588.3M
$321.5M
Q1 24
$600.6M
$332.0M
Total Assets
FDMT
FDMT
RGR
RGR
Q4 25
$566.7M
$342.0M
Q3 25
$424.0M
$342.3M
Q2 25
$473.6M
$349.5M
Q1 25
$515.7M
$379.0M
Q4 24
$560.4M
$384.0M
Q3 24
$604.0M
$373.5M
Q2 24
$620.1M
$376.7M
Q1 24
$629.9M
$385.0M

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
RGR
RGR
Operating Cash FlowLast quarter
$28.6M
$15.5M
Free Cash FlowOCF − Capex
$28.5M
$12.3M
FCF MarginFCF / Revenue
33.5%
8.2%
Capex IntensityCapex / Revenue
0.1%
2.1%
Cash ConversionOCF / Net Profit
1.47×
TTM Free Cash FlowTrailing 4 quarters
$-109.9M
$38.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FDMT
FDMT
RGR
RGR
Q4 25
$28.6M
$15.5M
Q3 25
$-46.5M
$12.9M
Q2 25
$-43.4M
$14.7M
Q1 25
$-47.8M
$11.1M
Q4 24
$-134.6M
$20.0M
Q3 24
$-29.4M
$9.4M
Q2 24
$-30.2M
$18.7M
Q1 24
$-29.1M
$7.3M
Free Cash Flow
FDMT
FDMT
RGR
RGR
Q4 25
$28.5M
$12.3M
Q3 25
$-46.6M
$7.0M
Q2 25
$-43.4M
$9.1M
Q1 25
$-48.4M
$10.0M
Q4 24
$-138.4M
$16.4M
Q3 24
$-31.2M
$2.6M
Q2 24
$-30.6M
$10.1M
Q1 24
$-29.8M
$5.6M
FCF Margin
FDMT
FDMT
RGR
RGR
Q4 25
33.5%
8.2%
Q3 25
-51765.6%
5.5%
Q2 25
-289620.0%
6.9%
Q1 25
-345635.7%
7.4%
Q4 24
-13837100.0%
11.2%
Q3 24
-1038966.7%
2.1%
Q2 24
-611840.0%
7.7%
Q1 24
-106421.4%
4.1%
Capex Intensity
FDMT
FDMT
RGR
RGR
Q4 25
0.1%
2.1%
Q3 25
101.1%
4.6%
Q2 25
440.0%
4.2%
Q1 25
4507.1%
0.8%
Q4 24
378600.0%
2.5%
Q3 24
59266.7%
5.5%
Q2 24
6980.0%
6.6%
Q1 24
2535.7%
1.3%
Cash Conversion
FDMT
FDMT
RGR
RGR
Q4 25
1.47×
Q3 25
8.15×
Q2 25
Q1 25
1.43×
Q4 24
Q3 24
1.98×
Q2 24
2.27×
Q1 24
1.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FDMT
FDMT

Segment breakdown not available.

RGR
RGR

Firearms$150.6M100%
Castings$7.3M5%

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