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Side-by-side financial comparison of 4D Molecular Therapeutics, Inc. (FDMT) and TRICO BANCSHARES (TCBK). Click either name above to swap in a different company.

TRICO BANCSHARES is the larger business by last-quarter revenue ($109.4M vs $85.1M, roughly 1.3× 4D Molecular Therapeutics, Inc.). TRICO BANCSHARES runs the higher net margin — 251.6% vs 22.8%, a 228.8% gap on every dollar of revenue. On growth, 4D Molecular Therapeutics, Inc. posted the faster year-over-year revenue change (8508900.0% vs 9.0%). TRICO BANCSHARES produced more free cash flow last quarter ($127.9M vs $28.5M). Over the past eight quarters, 4D Molecular Therapeutics, Inc.'s revenue compounded faster (5412.6% CAGR vs 5.4%).

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.

Trico Bancshares is a U.S.-headquartered regional bank holding company operating Tri Counties Bank. It offers a full range of retail and commercial banking services including deposit products, mortgages, small business loans, and wealth management, primarily serving consumers and SMEs in Northern California.

FDMT vs TCBK — Head-to-Head

Bigger by revenue
TCBK
TCBK
1.3× larger
TCBK
$109.4M
$85.1M
FDMT
Growing faster (revenue YoY)
FDMT
FDMT
+8508891.0% gap
FDMT
8508900.0%
9.0%
TCBK
Higher net margin
TCBK
TCBK
228.8% more per $
TCBK
251.6%
22.8%
FDMT
More free cash flow
TCBK
TCBK
$99.5M more FCF
TCBK
$127.9M
$28.5M
FDMT
Faster 2-yr revenue CAGR
FDMT
FDMT
Annualised
FDMT
5412.6%
5.4%
TCBK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FDMT
FDMT
TCBK
TCBK
Revenue
$85.1M
$109.4M
Net Profit
$19.4M
$33.6M
Gross Margin
Operating Margin
17.3%
42.6%
Net Margin
22.8%
251.6%
Revenue YoY
8508900.0%
9.0%
Net Profit YoY
139.1%
15.8%
EPS (diluted)
$0.43
$1.02

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
TCBK
TCBK
Q4 25
$85.1M
$109.4M
Q3 25
$90.0K
$107.6M
Q2 25
$15.0K
$103.6M
Q1 25
$14.0K
$98.6M
Q4 24
$1.0K
$100.4M
Q3 24
$3.0K
$99.1M
Q2 24
$5.0K
$97.9M
Q1 24
$28.0K
$98.5M
Net Profit
FDMT
FDMT
TCBK
TCBK
Q4 25
$19.4M
$33.6M
Q3 25
$-56.9M
$34.0M
Q2 25
$-54.7M
$27.5M
Q1 25
$-48.0M
$26.4M
Q4 24
$29.0M
Q3 24
$-43.8M
$29.1M
Q2 24
$-35.0M
$29.0M
Q1 24
$-32.4M
$27.7M
Operating Margin
FDMT
FDMT
TCBK
TCBK
Q4 25
17.3%
42.6%
Q3 25
-67983.3%
43.2%
Q2 25
-396373.3%
36.5%
Q1 25
-383007.1%
35.8%
Q4 24
38.7%
Q3 24
-1704400.0%
39.8%
Q2 24
-849120.0%
40.0%
Q1 24
-136200.0%
38.3%
Net Margin
FDMT
FDMT
TCBK
TCBK
Q4 25
22.8%
251.6%
Q3 25
-63195.6%
31.6%
Q2 25
-364386.7%
26.6%
Q1 25
-342657.1%
26.7%
Q4 24
221.4%
Q3 24
-1461433.3%
29.3%
Q2 24
-699060.0%
29.7%
Q1 24
-115717.9%
28.2%
EPS (diluted)
FDMT
FDMT
TCBK
TCBK
Q4 25
$0.43
$1.02
Q3 25
$-1.01
$1.04
Q2 25
$-0.98
$0.84
Q1 25
$-0.86
$0.80
Q4 24
$0.88
Q3 24
$-0.79
$0.88
Q2 24
$-0.63
$0.87
Q1 24
$-0.66
$0.83

Balance Sheet & Financial Strength

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

Metric
FDMT
FDMT
TCBK
TCBK
Cash + ST InvestmentsLiquidity on hand
$402.7M
$157.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$505.7M
$1.3B
Total Assets
$566.7M
$9.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FDMT
FDMT
TCBK
TCBK
Q4 25
$402.7M
$157.0M
Q3 25
$305.1M
$298.8M
Q2 25
$293.2M
$314.3M
Q1 25
$321.4M
$308.3M
Q4 24
$424.9M
$145.0M
Q3 24
$501.9M
$320.1M
Q2 24
$541.9M
$206.6M
Q1 24
$525.9M
$82.8M
Stockholders' Equity
FDMT
FDMT
TCBK
TCBK
Q4 25
$505.7M
$1.3B
Q3 25
$369.0M
$1.3B
Q2 25
$420.9M
$1.3B
Q1 25
$469.7M
$1.3B
Q4 24
$510.6M
$1.2B
Q3 24
$552.9M
$1.2B
Q2 24
$588.3M
$1.2B
Q1 24
$600.6M
$1.2B
Total Assets
FDMT
FDMT
TCBK
TCBK
Q4 25
$566.7M
$9.8B
Q3 25
$424.0M
$9.9B
Q2 25
$473.6M
$9.9B
Q1 25
$515.7M
$9.8B
Q4 24
$560.4M
$9.7B
Q3 24
$604.0M
$9.8B
Q2 24
$620.1M
$9.7B
Q1 24
$629.9M
$9.8B

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
TCBK
TCBK
Operating Cash FlowLast quarter
$28.6M
$133.3M
Free Cash FlowOCF − Capex
$28.5M
$127.9M
FCF MarginFCF / Revenue
33.5%
116.9%
Capex IntensityCapex / Revenue
0.1%
4.9%
Cash ConversionOCF / Net Profit
1.47×
3.96×
TTM Free Cash FlowTrailing 4 quarters
$-109.9M
$222.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FDMT
FDMT
TCBK
TCBK
Q4 25
$28.6M
$133.3M
Q3 25
$-46.5M
$45.1M
Q2 25
$-43.4M
$29.2M
Q1 25
$-47.8M
$24.5M
Q4 24
$-134.6M
$109.7M
Q3 24
$-29.4M
$28.6M
Q2 24
$-30.2M
$31.8M
Q1 24
$-29.1M
$25.1M
Free Cash Flow
FDMT
FDMT
TCBK
TCBK
Q4 25
$28.5M
$127.9M
Q3 25
$-46.6M
$43.2M
Q2 25
$-43.4M
$28.2M
Q1 25
$-48.4M
$22.8M
Q4 24
$-138.4M
$105.2M
Q3 24
$-31.2M
$27.3M
Q2 24
$-30.6M
$30.8M
Q1 24
$-29.8M
$24.1M
FCF Margin
FDMT
FDMT
TCBK
TCBK
Q4 25
33.5%
116.9%
Q3 25
-51765.6%
40.2%
Q2 25
-289620.0%
27.2%
Q1 25
-345635.7%
23.1%
Q4 24
-13837100.0%
104.8%
Q3 24
-1038966.7%
27.6%
Q2 24
-611840.0%
31.5%
Q1 24
-106421.4%
24.4%
Capex Intensity
FDMT
FDMT
TCBK
TCBK
Q4 25
0.1%
4.9%
Q3 25
101.1%
1.7%
Q2 25
440.0%
1.0%
Q1 25
4507.1%
1.7%
Q4 24
378600.0%
4.5%
Q3 24
59266.7%
1.3%
Q2 24
6980.0%
1.0%
Q1 24
2535.7%
1.0%
Cash Conversion
FDMT
FDMT
TCBK
TCBK
Q4 25
1.47×
3.96×
Q3 25
1.33×
Q2 25
1.06×
Q1 25
0.93×
Q4 24
3.78×
Q3 24
0.98×
Q2 24
1.10×
Q1 24
0.90×

Financial Flow Comparison

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

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