Insmed (INSM) Free Cash Flow (2010 - 2026)
Insmed (INSM) posted Free Cash Flow of -$95.1 million for Q2 2026, up 57.97% on a QoQ basis from -$226.2 million in Q1 2026, and up 58.53% year-over-year from -$60.0 million in Q2 2025.
Analysis
Insmed (INSM) Free Cash Flow (2010 - 2026) Analysis & Trends
Insmed has reported Free Cash Flow for 17 years, with the latest figure at -$95.1 million in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 58.53% year-over-year to -$95.1 million in Q2 2026; TTM through Jun 2026 was -$807.7 million, a 9.83% increase from a year earlier, with the FY2025 full-year figure at -$967.6 million, down 37.09% from the prior year.
- Free Cash Flow was -$95.1 million for Q2 2026 at Insmed, up from -$226.2 million in the prior quarter.
- The five-year high for Free Cash Flow was -$87.3 million in Q3 2022, with the low at -$264.2 million in Q4 2025.
- Average Free Cash Flow over 5 years is -$165.4 million, with a median of -$148.2 million recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Free Cash Flow plunged 123.54% in 2025, then soared 58.53% in 2026.
- Over 5 years, Free Cash Flow stood at -$115.4 million in 2022, then dropped by 16.14% to -$134.0 million in 2023, then slumped by 51.32% to -$202.8 million in 2024, then slumped by 30.3% to -$264.2 million in 2025, then jumped by 64.01% to -$95.1 million in 2026.
- The last three Free Cash Flow figures came in at -$95.1 million (Q2 2026), -$226.2 million (Q1 2026), and -$264.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 236.37 Bn | 222.38 Bn | 7.24 Bn | 3.49 Bn |
| 2 | Gilead Sciences | 187.38 Bn | 184.12 Bn | 6.22 Bn | 3.43 Bn |
| 3 | Vertex Pharmaceuticals | 138.36 Bn | 130.51 Bn | 2.84 Bn | 1.01 Bn |
| 4 | Regeneron Pharmaceuticals | 85.09 Bn | 77.10 Bn | 3.93 Bn | 572.80 Mn |
| 5 | Argenx Se | 63.93 Bn | 58.75 Bn | 1.37 Bn | - |
| 6 | Moderna | 58.07 Bn | 52.94 Bn | 52.00 Mn | -563.00 Mn |
| 7 | Alnylam Pharmaceuticals | 35.59 Bn | 32.28 Bn | 992.69 Mn | 292.04 Mn |
| 8 | Biogen | 32.63 Bn | 31.34 Bn | 1.96 Bn | 408.00 Mn |
| 9 | Insmed | 27.57 Bn | 26.41 Bn | 358.27 Mn | -95.09 Mn |
| 10 | BioNTech SE | 26.24 Bn | 12.58 Bn | 10.00 Mn | 75.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -95.09 Mn |
| Mar 31, 2026 | -226.22 Mn |
| Dec 31, 2025 | -264.19 Mn |
| Sep 30, 2025 | -222.18 Mn |
| Jun 30, 2025 | -229.29 Mn |
| Mar 31, 2025 | -251.92 Mn |
| Dec 31, 2024 | -202.75 Mn |
| Sep 30, 2024 | -211.77 Mn |
| Jun 30, 2024 | -102.57 Mn |
| Mar 31, 2024 | -188.71 Mn |
| Dec 31, 2023 | -133.99 Mn |
| Sep 30, 2023 | -144.96 Mn |
| Jun 30, 2023 | -125.84 Mn |
| Mar 31, 2023 | -151.53 Mn |
| Dec 31, 2022 | -115.37 Mn |
| Sep 30, 2022 | -87.32 Mn |
| Jun 30, 2022 | -111.54 Mn |
| Mar 31, 2022 | -111.45 Mn |
| Dec 31, 2021 | -87.57 Mn |
| Sep 30, 2021 | -73.82 Mn |