Insmed (INSM) FCF Margin (2011 - 2026)
Insmed's FCF Margin was -22.35% in Q2 2026, up 172.27 percentage points from -194.62% a year earlier and up 51.59 percentage points from the prior quarter.
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Analysis
Insmed (INSM) FCF Margin (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Insmed's FCF Margin was -71.00% through Jun 30, 2026, up 147.18 percentage points year-over-year; for FY2025, it was -159.55%, up 34.50 percentage points from FY2024.
- FCF Margin shows a five-year change of -22.35 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was -194.06% in FY2024 (-14.01 pp), -180.05% in FY2023 (-12.82 pp), -167.23% in FY2022 (+29.41 pp) and -196.64% in FY2021 (-59.43 pp).
- The Q2 2026 figure marks the highest quarterly FCF Margin in data going back to Q1 2011.
- Compared with a year earlier, FCF Margin has increased for four straight quarters, with an average year-over-year change of +47.00 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was Q1 2026 (a gain of 219.26 percentage points); the worst was Q2 2025 (a drop of 51.01 percentage points).
- Per Business Quant data, INSM's FCF Margin in the three quarters before Q2 2026 was -73.94% (Q1 2026), -100.13% (Q4 2025) and -156.09% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | 33.69% |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | 25.03% |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | 41.97% |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | 30.51% |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | 38.60% |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | - |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | 35.25% |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | 57.81% |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | 28.96% |
| 10 | Insmed | 25.82 Bn | 20.86 Bn | 446.21 Mn | -8.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -8.02% |
| Jun 30, 2026 | -22.35% |
| Mar 31, 2026 | -73.94% |
| Dec 31, 2025 | -100.13% |
| Sep 30, 2025 | -156.09% |
| Jun 30, 2025 | -194.62% |
| Mar 31, 2025 | -293.20% |
| Dec 31, 2024 | -194.13% |
| Sep 30, 2024 | -197.60% |
| Jun 30, 2024 | -143.61% |
| Mar 31, 2024 | -249.95% |
| Dec 31, 2023 | -158.88% |
| Sep 30, 2023 | -176.03% |
| Jun 30, 2023 | -165.32% |
| Mar 31, 2023 | -229.55% |
| Dec 31, 2022 | -181.85% |
| Sep 30, 2022 | -133.49% |
| Jun 30, 2022 | -161.31% |
| Mar 31, 2022 | -201.22% |
| Dec 31, 2021 | -151.94% |
API Access
Insmed FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=INSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "INSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=INSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();