Insmed (INSM) Free Cash Flow (2010 - 2026)

Insmed's (INSM) quarterly Free Cash Flow came in at -$226.2 million in Q1 2026, up 16.88% year-on-year from -$193.5 million in Q1 2025, and up 12.79% quarter-over-quarter from -$259.4 million in Q4 2025.

Insmed (INSM) Free Cash Flow (2010 - 2026) Analysis & Trends

Insmed's Free Cash Flow history runs 17 years deep, the most recent figure standing at -$226.2 million for Q1 2026.

  • On a quarterly basis, Free Cash Flow rose 16.88% year-over-year to -$226.2 million in Q1 2026; TTM through Mar 2026 was -$891.2 million, a 16.65% decrease from a year earlier, with the FY2025 full-year figure at -$937.1 million, down 38.72% from the prior year.
  • Free Cash Flow grew to -$226.2 million in Q1 2026 per INSM's latest filing, from -$259.4 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at -$98.2 million in Q3 2022 and bottomed at -$272.2 million in Q1 2025.
  • The 5-year median for Free Cash Flow is -$149.7 million (2023), against an average of -$164.6 million.
  • Across the five-year window, Free Cash Flow gained 27.8% in 2022 and plunged 94.31% in 2025, its largest moves.
  • Year by year, Free Cash Flow stood at -$100.0 million in 2022, then sank by 32.97% to -$133.0 million in 2023, then tumbled by 45.35% to -$193.3 million in 2024, then plunged by 34.21% to -$259.4 million in 2025, then advanced by 12.79% to -$226.2 million in 2026.
  • Per Business Quant, the three latest INSM Free Cash Flow figures stand at -$226.2 million (Q1 2026), -$259.4 million (Q4 2025), and -$196.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -19.58 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 158.09 Mn
4 NuCana 279.75 Bn 279.75 Bn - -1.53 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.29 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 848.30 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -354.95 Mn
10 Insmed 23.26 Bn 22.03 Bn 258.54 Mn -226.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -226.22 Mn
Mar 31, 2026 -226.22 Mn
Dec 31, 2025 -259.38 Mn
Dec 31, 2025 -259.38 Mn
Sep 30, 2025 -196.54 Mn
Sep 30, 2025 -196.54 Mn
Jun 30, 2025 -209.05 Mn
Jun 30, 2025 -209.05 Mn
Mar 31, 2025 -272.16 Mn
Mar 31, 2025 -272.16 Mn
Dec 31, 2024 -193.27 Mn
Dec 31, 2024 -193.27 Mn
Sep 30, 2024 -190.99 Mn
Sep 30, 2024 -190.99 Mn
Jun 30, 2024 -107.59 Mn
Jun 30, 2024 -107.59 Mn
Mar 31, 2024 -183.70 Mn
Mar 31, 2024 -183.70 Mn
Dec 31, 2023 -132.97 Mn
Dec 31, 2023 -132.97 Mn