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C4 Therapeutics, Inc.

CCCCHealthcareNASDAQ

Biotechnology · Last scanned May 30, 2026

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Financials · Annual
Revenue
$35.9M
+1.0% YoY
Net Income
-$105.0M
+0.3% YoY
EBITDA
-$102.5M
+11.1% YoY
Free Cash Flow
-$50.5M

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About C4 Therapeutics, Inc.

Part of the healthcare sector, C4 Therapeutics, Inc. (CCCC) is listed under Biotechnology. Valued at $483.2M, CCCC is a small-cap name in its sector. Its lead product candidate is Cemsidomide, an orally bioavailable monodac targeting IKZF1 and IKZF3, or IKZF1/3 to address a need across multiple lines of therapy in multiple myeloma, which has competed its phase 1.

Key stats
Market Cap$483.2M
Fwd P/E-3.78
EPS$-1.10
52W Change+228.6%
ROE-48.4%
Analysis

The balance sheet looks solid with $235.7M in cash comfortably exceeding the $58.4M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow is running at -$50.5M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -48.4% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has been uneven over recent years, ranging from $31.1M to $35.9M.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing CCCC.

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