Forte Biosciences (FBRX) Free Cash Flow (2016 - 2026)
Forte Biosciences' (FBRX) quarterly Free Cash Flow came in at -$18.8 million in Q1 2026, down 80.49% year-on-year from -$96.4 million in Q1 2025, and down 14.05% on a QoQ basis from -$16.5 million in Q4 2025.
Forte Biosciences (FBRX) Free Cash Flow (2016 - 2026) Analysis & Trends
Forte Biosciences (FBRX) has 11 years of Free Cash Flow data on file, last reported at -$18.8 million in Q1 2026.
- On a quarterly basis, Free Cash Flow fell 80.49% year-over-year to -$18.8 million in Q1 2026; TTM through Mar 2026 was -$59.4 million, a 72.05% decrease from a year earlier, with the FY2025 full-year figure at -$51.0 million, down 65.73% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$18.8 million, down from -$16.5 million in the prior quarter.
- Over the last five years, Free Cash Flow for FBRX reached as high as -$1.4 million in Q2 2022 and fell as low as -$18.8 million in Q1 2026.
- Historically, Free Cash Flow has averaged -$8.1 million across 5 years, with a median of -$8.1 million in 2024.
- Across the five-year window, Free Cash Flow soared 65.03% in 2022 and plunged 369.02% in 2023, its largest moves.
- Year by year, Free Cash Flow stood at -$2.9 million in 2022, then plunged by 210.61% to -$9.0 million in 2023, then declined by 11.73% to -$10.0 million in 2024, then tumbled by 64.18% to -$16.5 million in 2025, then fell by 14.05% to -$18.8 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were -$18.8 million in Q1 2026, -$16.5 million in Q4 2025, and -$14.1 million in 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 | Forte Biosciences | 174.08 Mn | 115.88 Mn | - | -18.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -18.80 Mn |
| Mar 31, 2026 | -18.80 Mn |
| Dec 31, 2025 | -16.48 Mn |
| Dec 31, 2025 | -16.48 Mn |
| Sep 30, 2025 | -14.06 Mn |
| Sep 30, 2025 | -14.06 Mn |
| Jun 30, 2025 | -10.06 Mn |
| Jun 30, 2025 | -10.06 Mn |
| Mar 31, 2025 | -10.42 Mn |
| Mar 31, 2025 | -10.42 Mn |
| Dec 31, 2024 | -10.04 Mn |
| Dec 31, 2024 | -10.04 Mn |
| Sep 30, 2024 | -8.13 Mn |
| Sep 30, 2024 | -8.13 Mn |
| Jun 30, 2024 | -5.94 Mn |
| Jun 30, 2024 | -5.94 Mn |
| Mar 31, 2024 | -6.67 Mn |
| Mar 31, 2024 | -6.67 Mn |
| Dec 31, 2023 | -8.99 Mn |
| Dec 31, 2023 | -8.99 Mn |