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Companies / Health Care / C4 Therapeutics, Inc.
CCCC

C4 Therapeutics, Inc.

Health CareBiological Products
Ticker CCCCWATERTOWN, MAFiscal year ends DecemberBook value per share $1.74Diluted shares 131.0M

C4 Therapeutics, Inc. (Nasdaq: CCCC) is a clinical-stage biopharmaceutical company developing small-molecule medicines using targeted protein degradation, a process that harnesses the body’s mechanisms for destroying proteins. Its proprietary TORPEDO platform supports the design and optimization of degraders,… From the company’s description.

Over the twelve months to Sep 30, 2026, C4 Therapeutics, Inc. reported revenue of $32.28M, up 7.2% from a year earlier, and a net loss of $91.09M. Its operating margin was −315.9%, and operations used $79.63M in cash. In fiscal 2025, it reported revenue of $35.95M, up 1.0% from fiscal 2024, and a net loss of $104.99M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$35.95MFY2025
+1.0% year over year
Last 12 mo $32.28M
-320.53%FY2025
+15.6 percentage points
Last 12 mo -315.86%
$-104.99MFY2025
+0.3% year over year
Last 12 mo $-91.09M
-36.74%FY2025
+10.9 percentage points
Last 12 mo -39.92%
Cash & financing
$-98.69MFY2025
−51.5% year over year
Last 12 mo $-79.63M
$-99.30MFY2025
−52.0% year over year
Last 12 mo $-79.74M
—
82.9MFY2025
+19.5% year over year
Last 12 mo 131.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What C4 Therapeutics, Inc. does

In the company’s own words

C4 Therapeutics, Inc. (Nasdaq: CCCC) is a clinical-stage biopharmaceutical company developing small-molecule medicines using targeted protein degradation, a process that harnesses the body’s mechanisms for destroying proteins. Its proprietary TORPEDO platform supports the design and optimization of degraders, including MonoDAC and BiDAC molecules, for oncology and discovery programs in inflammation, neuroinflammation, and neurodegenerative diseases. Its clinical-stage candidates include cemsidomide, an IKZF1/3 degrader being studied for multiple myeloma, and CFT8919, an EGFR L858R degrader for non-small-cell lung cancer; Betta Pharma leads CFT8919 development in Greater China. The company also conducts discovery collaborations with Roche and Merck KGaA, while Pfizer supplies elranatamab for a cemsidomide combination trial. C4 Therapeutics reported a net loss of $105.0 million for 2025, though it does not report product-sales revenue as its business is focused on research and development. Its website is www.c4therapeutics.com.

Company details
Sector
Health Care
Industry (SIC)
Biological Products
Headquarters
WATERTOWN, MA
Fiscal year end
December
CIK
1662579
SIC
2836

Financial performance, year by year

Fiscal 2020–2025 · USD
$-150.32M$-96.84M$-43.35M$10.13M$63.61M202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns C4 Therapeutics, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

97
funds hold it
0 of 35
superinvestors hold it
$82.08M
held by funds, at market
13.7%
of shares held by funds

Largest fund holders · C4 Therapeutics, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
Wasatch Ultra Growth Fund
WAMCX · WASATCH FUNDS TRUST
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 Value ETF
IWN · iShares Trust
0.03%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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