Axsome Therapeutics (AXSM) Free Cash Flow (2015 - 2026)

Axsome Therapeutics' (AXSM) quarterly Free Cash Flow came in at -$20.8 million in Q1 2026, up 52.37% year-on-year from -$13.7 million in Q1 2025, and down 11.2% quarter-over-quarter from -$18.7 million in Q4 2025.

Axsome Therapeutics (AXSM) Free Cash Flow (2015 - 2026) Analysis & Trends

Axsome Therapeutics has disclosed Free Cash Flow across 12 years of filings, most recently posting -$20.8 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at -$20.8 million, up 52.37% year-over-year; the trailing twelve-month figure through Mar 2026 was -$71.0 million (up 40.26% YoY), and the FY2025 annual result was -$93.9 million, up 27.04% from the prior year.
  • Free Cash Flow came in at -$20.8 million for Q1 2026 at Axsome Therapeutics, down from -$18.7 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $988000.0 in Q3 2025 to a low of -$55.5 million in Q2 2023.
  • The 5-year median for Free Cash Flow is -$30.2 million (2024), against an average of -$29.8 million.
  • Across the five-year window, Free Cash Flow plunged 809.11% in 2024 and surged 105.28% in 2025, its largest moves.
  • Axsome Therapeutics' Free Cash Flow stood at -$27.7 million in 2022, then retreated by 9.46% to -$30.4 million in 2023, then gained by 13.62% to -$26.2 million in 2024, then increased by 28.62% to -$18.7 million in 2025, then declined by 11.2% to -$20.8 million in 2026.
  • The last three Free Cash Flow figures came in at -$20.8 million (Q1 2026), -$18.7 million (Q4 2025), and $988000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -1.67 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -12.20 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -2.49 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.29 Bn
9 Abivax 91.96 Bn 91.96 Bn - 63,220.27
10 Axsome Therapeutics 12.84 Bn 12.54 Bn 176.48 Mn -20.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -20.82 Mn
Mar 31, 2026 -20.82 Mn
Dec 31, 2025 -18.72 Mn
Dec 31, 2025 -18.72 Mn
Sep 30, 2025 988,000.00
Sep 30, 2025 988,000.00
Jun 30, 2025 -32.44 Mn
Jun 30, 2025 -32.44 Mn
Mar 31, 2025 -43.71 Mn
Mar 31, 2025 -43.71 Mn
Dec 31, 2024 -26.23 Mn
Dec 31, 2024 -26.23 Mn
Sep 30, 2024 -18.72 Mn
Sep 30, 2024 -18.72 Mn
Jun 30, 2024 -30.16 Mn
Jun 30, 2024 -30.16 Mn
Mar 31, 2024 -53.57 Mn
Mar 31, 2024 -53.57 Mn
Dec 31, 2023 -30.37 Mn
Dec 31, 2023 -30.37 Mn