First Digital Acquisition (KOYN) FCF Margin (2025 - 2026)
CSLM Digital Asset Acquisition Corp III (KOYN) recorded FCF Margin of -28.01% in Q3 2026, up 3.44 percentage points from -31.45% a year earlier but down 12.26 percentage points from the prior quarter.
First Digital Acquisition (KOYN) FCF Margin (2025 - 2026) Analysis & Trends
On a TTM basis, CSLM Digital Asset Acquisition Corp III's FCF Margin came in at -19.08% as of Sep 30, 2026; for FY2025, it was -23.37%.
- Quarterly FCF Margin has ranged from -31.45% in Q3 2025 to -14.96% in Q1 2026 over the past five years.
- Per Business Quant, the preceding three quarters came in at -15.75% (Q2 2026), -14.96% (Q1 2026) and -17.59% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - | 33.60% |
| 2 | Spdr Gold Trust | 125.11 Bn | -432.90 Bn | - | - |
| 3 | Brookfield | 101.47 Bn | -96.66 Bn | - | - |
| 4 | Blackstone | 91.35 Bn | 85.56 Bn | - | 62.59% |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn | 46.12% |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - | 68.19% |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn | 2.87% |
| 8 | Wheaton Precious Metals | 59.70 Bn | 59.70 Bn | 538.50 Mn | - |
| 9 | Ares Management | 48.49 Bn | 47.07 Bn | 376.28 Mn | -8.47% |
| 10 | First Digital Acquisition | 325.36 Mn | 315.11 Mn | - | -28.01% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -28.01% |
| Jun 30, 2026 | -15.75% |
| Mar 31, 2026 | -14.96% |
| Dec 31, 2025 | -17.59% |
| Sep 30, 2025 | -31.45% |
First Digital Acquisition 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=KOYN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "KOYN", "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=KOYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();