Cullinan Therapeutics (CGEM) Free Cash Flow (2020 - 2026)
Cullinan Therapeutics' (CGEM) quarterly Free Cash Flow came in at -$46.0 million in Q1 2026, down 6.7% year-on-year from -$49.3 million in Q1 2025, and down 20.79% quarter-over-quarter from -$38.1 million in Q4 2025.
Cullinan Therapeutics (CGEM) Free Cash Flow (2020 - 2026) Analysis & Trends
Cullinan Therapeutics' Free Cash Flow history runs 7 years deep, the most recent figure standing at -$46.0 million for Q1 2026.
- On a quarterly basis, Free Cash Flow fell 6.7% year-over-year to -$46.0 million in Q1 2026; TTM through Mar 2026 was -$178.7 million, a 18.93% decrease from a year earlier, with the FY2025 full-year figure at -$175.8 million, down 20.99% from the prior year.
- Free Cash Flow retreated to -$46.0 million in Q1 2026 per CGEM's latest filing, from -$38.1 million in the prior quarter.
- Across five years, Free Cash Flow topped out at -$18.1 million in Q4 2023 and bottomed at -$57.6 million in Q2 2025.
- The 5-year median for Free Cash Flow is -$36.6 million (2024), against an average of -$37.0 million.
- Across the five-year window, Free Cash Flow plunged 1346.07% in 2022 and soared 37.48% in 2023, its largest moves.
- Year by year, Free Cash Flow stood at -$25.9 million in 2022, then rose by 29.9% to -$18.1 million in 2023, then tumbled by 102.01% to -$36.6 million in 2024, then declined by 4.08% to -$38.1 million in 2025, then retreated by 20.79% to -$46.0 million in 2026.
- Per Business Quant, the three latest CGEM Free Cash Flow figures stand at -$46.0 million (Q1 2026), -$38.1 million (Q4 2025), and -$36.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -19.58 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 158.09 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -1.53 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.29 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 848.30 Mn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | -354.95 Mn |
| 10 | Cullinan Therapeutics | 368.65 Mn | 368.65 Mn | - | -46.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -46.05 Mn |
| Mar 31, 2026 | -46.05 Mn |
| Dec 31, 2025 | -38.12 Mn |
| Dec 31, 2025 | -38.12 Mn |
| Sep 30, 2025 | -36.88 Mn |
| Sep 30, 2025 | -36.88 Mn |
| Jun 30, 2025 | -57.61 Mn |
| Jun 30, 2025 | -57.61 Mn |
| Mar 31, 2025 | -43.16 Mn |
| Mar 31, 2025 | -43.16 Mn |
| Dec 31, 2024 | -36.63 Mn |
| Dec 31, 2024 | -36.63 Mn |
| Sep 30, 2024 | -34.14 Mn |
| Sep 30, 2024 | -34.14 Mn |
| Jun 30, 2024 | -36.29 Mn |
| Jun 30, 2024 | -36.29 Mn |
| Mar 31, 2024 | -38.25 Mn |
| Mar 31, 2024 | -38.25 Mn |
| Dec 31, 2023 | -18.13 Mn |
| Dec 31, 2023 | -18.13 Mn |