Insmed (INSM) Free Cash Flow (2010 - 2026)
Insmed's Free Cash Flow was -$95.09 million in Q2 2026, compared with -$209.05 million a year earlier.
Insmed (INSM) Free Cash Flow (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Insmed's Free Cash Flow was -$807.67 million through Jun 30, 2026; for FY2025, it came in at -$967.58 million.
- In earlier years, Free Cash Flow was -$705.81 million in FY2024, -$549.54 million in FY2023, -$410.32 million in FY2022 and -$370.59 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Free Cash Flow since Q3 2022.
- Per Business Quant data, INSM's Free Cash Flow in the three quarters before Q2 2026 was -$226.22 million (Q1 2026), -$264.19 million (Q4 2025) and -$222.18 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 7.76 Bn |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 7.30 Bn |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 3.11 Bn |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 4.48 Bn |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 6.20 Bn |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 5.34 Bn |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 3.49 Bn |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn | 3.43 Bn |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn | 302.00 Mn |
| 10 | Insmed | 24.26 Bn | 18.76 Bn | 358.27 Mn | -95.09 Mn |
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 | -209.05 Mn |
| Mar 31, 2025 | -272.16 Mn |
| Dec 31, 2024 | -202.75 Mn |
| Sep 30, 2024 | -184.61 Mn |
| Jun 30, 2024 | -129.74 Mn |
| Mar 31, 2024 | -188.71 Mn |
| Dec 31, 2023 | -132.97 Mn |
| Sep 30, 2023 | -139.19 Mn |
| Jun 30, 2023 | -127.68 Mn |
| Mar 31, 2023 | -149.70 Mn |
| Dec 31, 2022 | -107.84 Mn |
| Sep 30, 2022 | -90.41 Mn |
| Jun 30, 2022 | -105.21 Mn |
| Mar 31, 2022 | -106.86 Mn |
| Dec 31, 2021 | -85.27 Mn |
| Sep 30, 2021 | -76.93 Mn |
Insmed Free Cash Flow 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=free-cash-flow&ticker=INSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=INSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();