Alvotech ALVO
NASDAQ ALVO
$5.84 -0.04 (-0.68%)
At close: Sep 22, 2026 · 4:00 PM EDT

Alvotech (ALVO) Free Cash Flow (2021 - 2026)

Alvotech's (ALVO) quarterly Free Cash Flow came in at $8.1 million in Q2 2026, down 88.35% on a YoY basis from $69.4 million in Q2 2025, and up 115.17% quarter-over-quarter from -$53.3 million in Q1 2026.

Analysis

Alvotech (ALVO) Free Cash Flow (2021 - 2026) Analysis & Trends

Alvotech (ALVO) has reported Free Cash Flow for 6 consecutive years, with $8.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Free Cash Flow fell 88.35% year-over-year to $8.1 million; the trailing twelve-month figure through Jun 2026 stood at -$136.0 million (changed 0.09% YoY), and the FY2025 full-year result was $14.3 million, up 107.79% from the prior year.
  • Free Cash Flow climbed to $8.1 million in Q2 2026 per ALVO's latest filing, from -$53.3 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $156.2 million in Q4 2025 and bottomed at -$279.0 million in Q4 2023.
  • Historically, Free Cash Flow has averaged -$78.2 million across 5 years, with a median of -$55.6 million in 2024.
  • The widest YoY moves for Free Cash Flow: up 256.23% in 2025, down 327.19% in 2025.
  • Over 5 years, Free Cash Flow stood at -$274.5 million in 2022, then retreated by 1.62% to -$279.0 million in 2023, then surged by 34.33% to -$183.2 million in 2024, then soared by 185.26% to $156.2 million in 2025, then plunged by 94.82% to $8.1 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $8.1 million, -$53.3 million, and $156.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Teva Pharmaceutical Industries 46.72 Bn 43.07 Bn 2.15 Bn 307.00 Mn
2 Viatris 19.64 Bn 18.75 Bn 1.46 Bn 329.00 Mn
3 Dr Reddys Laboratories 10.36 Bn 10.22 Bn 396.53 Mn 26.40 Mn
4 Amneal Pharmaceuticals 6.44 Bn 6.39 Bn 334.51 Mn -51.94 Mn
5 Bausch Health Companies 2.11 Bn 1.24 Bn 2.10 Bn 593.00 Mn
6 Ani Pharmaceuticals 1.88 Bn 1.52 Bn 165.89 Mn 53.62 Mn
7 Alvotech 1.83 Bn 1.69 Bn 2.56 Mn 8.08 Mn
8 Amphastar Pharmaceuticals 1.04 Bn 751.07 Mn 93.47 Mn 42.73 Mn
9 Fennec Pharmaceuticals 382.22 Mn 340.97 Mn 17.15 Mn -
10 NutriBand 94.45 Mn 91.03 Mn 181,874.00 -584,999.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 8.08 Mn
Mar 31, 2026 -53.29 Mn
Dec 31, 2025 156.18 Mn
Sep 30, 2025 -247.01 Mn
Jun 30, 2025 69.36 Mn
Mar 31, 2025 35.74 Mn
Dec 31, 2024 -183.18 Mn
Sep 30, 2024 -57.82 Mn
Jun 30, 2024 -44.40 Mn
Mar 31, 2024 -71.33 Mn
Dec 31, 2023 -278.95 Mn
Jun 30, 2023 -30.60 Mn
Dec 31, 2022 -274.51 Mn
Jun 30, 2022 -123.15 Mn
Dec 31, 2021 -70.76 Mn
Sep 30, 2021 -72.68 Mn
API Access

Alvotech Free Cash Flow API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=free-cash-flow&ticker=ALVO&period=max&api_key=YOUR_API_KEY