Connect Biopharma Holdings (CNTB) Free Cash Flow (2024 - 2026)
Connect Biopharma Holdings (CNTB) posted quarterly Free Cash Flow of -$16.0 million for Q1 2026, down 59.39% year-on-year from -$39.4 million in Q1 2025, and down 39.92% on a QoQ basis from -$11.4 million in Q4 2025.
Connect Biopharma Holdings (CNTB) Free Cash Flow (2024 - 2026) Analysis & Trends
Connect Biopharma Holdings (CNTB) has reported Free Cash Flow for 3 consecutive years, with -$16.0 million the latest figure, recorded in Q1 2026.
- Quarterly Free Cash Flow fell 59.39% year-over-year to -$16.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$57.8 million (down 70.88% YoY) and the FY2025 annual result came in at -$51.8 million, down 112.67% from the prior year.
- Free Cash Flow slipped to -$16.0 million in Q1 2026 per CNTB's latest filing, from -$11.4 million in the prior quarter.
- Over the last five years, Free Cash Flow for CNTB reached as high as -$592000.0 in Q1 2024 and fell as low as -$17.4 million in Q3 2025.
- A 3-year average of -$10.2 million and a median of -$11.4 million in 2025 frame the typical range for Free Cash Flow.
- The largest YoY upside for Free Cash Flow was 32.58% in 2025 against a maximum downside of 1595.95% in 2025.
- Year by year, Free Cash Flow stood at -$2.6 million in 2024, then plunged by 334.54% to -$11.4 million in 2025, then plunged by 39.92% to -$16.0 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$16.0 million, -$11.4 million, and -$17.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 66,621.14 Bn | 66,620.85 Bn | - | -19.58 Mn |
| 2 | Nanobiotix | 1,915.18 Bn | 1,915.11 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | -2.49 Mn |
| 4 | BeOne Medicines | 471.27 Bn | 466.48 Bn | 1.35 Bn | 158.09 Mn |
| 5 | Vertex Pharmaceuticals | 121.81 Bn | 114.57 Bn | 2.59 Bn | 1.29 Bn |
| 6 | Regeneron Pharmaceuticals | 69.58 Bn | 60.82 Bn | 3.31 Bn | 848.30 Mn |
| 7 | Belite Bio | 62.72 Bn | 62.72 Bn | - | - |
| 8 | Argenx Se | 55.51 Bn | 50.33 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.35 Bn | 37.35 Bn | - | -354.95 Mn |
| 10 | Connect Biopharma Holdings | 120.44 Mn | 120.44 Mn | - | -16.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -16.00 Mn |
| Mar 31, 2026 | -16.00 Mn |
| Dec 31, 2025 | -11.44 Mn |
| Dec 31, 2025 | -11.44 Mn |
| Sep 30, 2025 | -17.44 Mn |
| Sep 30, 2025 | -17.44 Mn |
| Jun 30, 2025 | -12.89 Mn |
| Jun 30, 2025 | -12.89 Mn |
| Mar 31, 2025 | -10.04 Mn |
| Mar 31, 2025 | -10.04 Mn |
| Dec 31, 2024 | -2.63 Mn |
| Dec 31, 2024 | -2.63 Mn |
| Sep 30, 2024 | -13.15 Mn |
| Sep 30, 2024 | -13.15 Mn |
| Jun 30, 2024 | -7.98 Mn |
| Jun 30, 2024 | -7.98 Mn |
| Mar 31, 2024 | -592,000.00 |
| Mar 31, 2024 | -592,000.00 |