Fulcrum Therapeutics (FULC) Free Cash Flow (2018 - 2026)

Fulcrum Therapeutics (FULC) reported Free Cash Flow of -$18.8 million for Q1 2026, down 22.95% year-over-year from -$24.3 million in Q1 2025, and down 10.65% quarter-over-quarter from -$17.0 million in Q4 2025.

Fulcrum Therapeutics (FULC) Free Cash Flow (2018 - 2026) Analysis & Trends

Fulcrum Therapeutics (FULC) has 9 years of Free Cash Flow data on file, last reported at -$18.8 million in Q1 2026.

  • Free Cash Flow for Q1 2026 came in at -$18.8 million, down 22.95% year-over-year; the trailing twelve-month figure through Mar 2026 was -$63.9 million (down 945.09% YoY), and the FY2025 annual result was -$60.4 million, down 2319.03% from the prior year.
  • Free Cash Flow slipped to -$18.8 million in Q1 2026 per FULC's latest filing, from -$17.0 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $58.9 million in Q2 2024 and troughed at -$28.7 million in Q2 2022.
  • A 5-year average of -$15.9 million and a median of -$19.2 million in 2024 frame the typical range for Free Cash Flow.
  • The sharpest annual moves came in 2024 and 2025: Free Cash Flow soared 379.56% in 2024, then slumped 123.46% in 2025.
  • A 5-year view of Free Cash Flow shows it stood at -$17.9 million in 2022, then dropped by 29.99% to -$23.2 million in 2023, then grew by 27.44% to -$16.9 million in 2024, then dropped by 0.56% to -$17.0 million in 2025, then retreated by 10.65% to -$18.8 million in 2026.
  • Business Quant data shows FULC's Free Cash Flow at -$18.8 million in Q1 2026, -$17.0 million in Q4 2025, and -$14.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn - -
2 Belite Bio 55,096.00 Bn 55,096.00 Bn - -
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn - -1.67 Mn
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn -12.20 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn - -2.49 Mn
6 Evaxion A 1,551.28 Bn 1,551.26 Bn - -
7 Psyence Biomedical 227.32 Bn 227.31 Bn - -
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 1.29 Bn
9 Abivax 91.71 Bn 91.71 Bn - 63,220.27
10 Fulcrum Therapeutics 267.90 Mn 267.90 Mn - -18.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -18.76 Mn
Mar 31, 2026 -18.76 Mn
Dec 31, 2025 -16.95 Mn
Dec 31, 2025 -16.95 Mn
Sep 30, 2025 -14.35 Mn
Sep 30, 2025 -14.35 Mn
Jun 30, 2025 -13.82 Mn
Jun 30, 2025 -13.82 Mn
Mar 31, 2025 -15.26 Mn
Mar 31, 2025 -15.26 Mn
Dec 31, 2024 -16.86 Mn
Dec 31, 2024 -16.86 Mn
Sep 30, 2024 -19.23 Mn
Sep 30, 2024 -19.23 Mn
Jun 30, 2024 58.91 Mn
Jun 30, 2024 58.91 Mn
Mar 31, 2024 -25.31 Mn
Mar 31, 2024 -25.31 Mn
Dec 31, 2023 -23.24 Mn
Dec 31, 2023 -23.24 Mn