Insmed INSM
NASDAQ INSM
$126.29 -0.39 (-0.31%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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