GH Research (GHRS) Free Cash Flow (2020 - 2025)

GH Research's Free Cash Flow history runs 6 years deep, the most recent figure standing at -$15.5 million for Q4 2025.

• In Q4 2025, Free Cash Flow fell 22.11% year-over-year to -$15.5 million; the TTM figure through Dec 2025 stood at -$54.9 million (down 12.89% YoY), while the FY2025 annual figure was -$54.9 million, down 12.89% from the prior year.
• Free Cash Flow was -$15.5 million for Q4 2025 at GH Research, up from -$17.0 million in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of -$1.1 million in Q1 2021 to a low of -$17.0 million in Q3 2025.
• Historically, Free Cash Flow has averaged -$9.1 million across 5 years, with a median of -$9.6 million in 2021.
• The sharpest annual moves came in 2021 and 2022: Free Cash Flow slumped 11796.1% in 2021, then gained 12.34% in 2022.
• A 5-year view of Free Cash Flow shows it stood at -$4.0 million in 2021, then slumped by 76.52% to -$7.0 million in 2022, then plunged by 44.48% to -$10.1 million in 2023, then fell by 25.94% to -$12.7 million in 2024, then dropped by 22.11% to -$15.5 million in 2025.
• The last three Free Cash Flow figures came in at -$15.5 million (Q4 2025), -$17.0 million (Q3 2025), and -$11.5 million (Q2 2025), per Business Quant data.