Immatics (IMTX) Free Cash Flow (2019 - 2025)

Immatics has disclosed Free Cash Flow across 7 years of filings, most recently posting -$67.2 million for Q4 2025.

• Free Cash Flow for Q4 2025 came in at -$67.2 million, down 10.64% year-over-year; the trailing twelve-month figure through Dec 2025 was -$193.5 million (down 26.41% YoY), and the FY2025 annual result was -$192.1 million, down 26.84% from the prior year.
• Free Cash Flow came in at -$67.2 million for Q4 2025 at Immatics, down from -$51.0 million in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $121.8 million in Q1 2022 to a low of -$67.2 million in Q4 2025.
• The 5-year median for Free Cash Flow is -$25.8 million (2023), against an average of -$17.2 million.
• Across the five-year window, Free Cash Flow surged 727.62% in 2022 and sank 841.82% in 2024, its largest moves.
• Immatics' Free Cash Flow stood at -$26.8 million in 2021, then sank by 54.43% to -$41.4 million in 2022, then jumped by 169.58% to $28.8 million in 2023, then tumbled by 310.72% to -$60.7 million in 2024, then retreated by 10.64% to -$67.2 million in 2025.
• The last three Free Cash Flow figures came in at -$67.2 million (Q4 2025), -$51.0 million (Q3 2025), and -$42.6 million (Q2 2025), per Business Quant data.