Kaival Brands Innovations (KAVL) FCF Margin (2020 - 2026)
Kaival Brands Innovations (KAVL) recorded FCF Margin of -261.94% in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 114.95 percentage points from -376.88% a year earlier and up 855.97 percentage points from the prior quarter.
Kaival Brands Innovations (KAVL) FCF Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Kaival Brands Innovations' FCF Margin came in at -743.29% as of Jul 31, 2026, down 493.59 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it was -572.11%, down 562.34 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -583.85 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, FCF Margin came in at -9.77% in FY2024 (+12.98 pp), -22.75% in FY2023 (+21.96 pp), -44.71% in FY2022 (-29.02 pp) and -15.68% in FY2021 (-27.43 pp).
- The fiscal Q3 2026 figure is the highest quarterly FCF Margin since fiscal Q4 2024.
- On a year-over-year basis, FCF Margin rose in two of the last eight quarters, with an average year-over-year change of -367.99 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 2180.17 percentage points in fiscal Q4 2022, against a drop of 2221.18 percentage points in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -1117.90% (Q2 2026), -809.52% (Q1 2026) and -812.23% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn | 43.45% |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - | - |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn | 48.91% |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn | -6.26% |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn | 1.40% |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn | 19.72% |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn | 16.74% |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn | 11.72% |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn | 29.07% |
| 10 | Kaival Brands Innovations | 312,505.79 | -1.43 Mn | - | -261.94% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -261.94% |
| Apr 30, 2026 | -1,117.90% |
| Jan 31, 2026 | -809.52% |
| Oct 31, 2025 | -812.23% |
| Jul 31, 2025 | -376.88% |
| Apr 30, 2025 | -1,229.13% |
| Jan 31, 2025 | -447.05% |
| Oct 31, 2024 | -107.96% |
| Jul 31, 2024 | -83.29% |
| Apr 30, 2024 | 21.13% |
| Jan 31, 2024 | 7.63% |
| Oct 31, 2023 | -3.11% |
| Jul 31, 2023 | -8.15% |
| Apr 30, 2023 | -86.96% |
| Jan 31, 2023 | 3.47% |
| Oct 31, 2022 | 9.22% |
| Jul 31, 2022 | -35.67% |
| Apr 30, 2022 | -79.91% |
| Jan 31, 2022 | -75.07% |
| Oct 31, 2021 | -2,170.95% |
Kaival Brands Innovations 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=KAVL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "KAVL", "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=KAVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();