4D Molecular Therapeutics — Q3 2026 Earnings Summary

4D Molecular Therapeutics completed enrollment and randomization for the 4FRONT-2 Phase 3 clinical trial of its lead candidate 4D-150 in wet age-related macular degeneration, with topline data expected in the second half of 2027. The company also initiated the global 4SIGHT Phase 3 trial for 4D-150 in diabetic macular edema and presented two-year data from PRISM and SPECTRA trials demonstrating durable clinical activity and a favorable safety profile. Financially, the company reported a net loss of $78.1 million for the third quarter of 2026, driven by increased research and development expenses, while maintaining a cash position of $375 million expected to fund operations through the second half of 2028.