Belite Bio (BLTE) Free Cash Flow (2024 - 2025)

Belite Bio (BLTE) recorded quarterly Free Cash Flow of -$10.4 million in Q4 2025, down 114.88% quarter-over-quarter from -$4.8 million in Q4 2024, and down 114.88% on a YoY basis from $69.8 million in Q4 2024.

Belite Bio (BLTE) Free Cash Flow (2024 - 2025) Analysis & Trends

Belite Bio's Free Cash Flow history runs 2 years deep, the most recent figure standing at -$10.4 million for Q4 2025.

  • In Q4 2025, Free Cash Flow fell 114.88% year-over-year to -$10.4 million; the TTM figure through Mar 2026 stood at -$10.4 million (down 114.88% YoY), while the FY2025 annual figure was -$37.1 million, down 26.27% from the prior year.
  • Free Cash Flow was -$10.4 million for Q4 2025 at Belite Bio, down from -$4.8 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$4.8 million in Q4 2024 to a low of -$10.4 million in Q4 2025.

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 Regeneron Pharmaceuticals 63.43 Bn 54.67 Bn 3.31 Bn 848.30 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -10.39 Mn
Dec 31, 2025 -10.39 Mn
Dec 31, 2024 -4.83 Mn
Dec 31, 2024 -4.83 Mn