Legend Biotech (LEGN) Free Cash Flow (2019 - 2025)
Legend Biotech (LEGN) posted Free Cash Flow of -$12.2 million for Q4 2025, down 136.09% on a QoQ basis from $33.8 million in Q3 2025, and up 88.7% year-over-year from -$6.5 million in Q4 2024.
Legend Biotech (LEGN) Free Cash Flow (2019 - 2025) Analysis & Trends
Legend Biotech's Free Cash Flow history runs 7 years deep, the most recent figure standing at -$12.2 million for Q4 2025.
- Quarterly Free Cash Flow rose 88.7% year-over-year to -$12.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$84.0 million (up 46.91% YoY) and the FY2025 annual result came in at -$100.2 million, up 36.62% from the prior year.
- Free Cash Flow was -$12.2 million for Q4 2025 at Legend Biotech, down from $33.8 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $33.8 million in Q3 2025 and bottomed at -$156.3 million in Q4 2021.
- A 5-year average of -$53.3 million and a median of -$44.3 million in 2021 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2023 — Free Cash Flow plunged 909.56% — and 2025, when it soared 145.83%.
- Legend Biotech's Free Cash Flow stood at -$156.3 million in 2021, then jumped by 81.56% to -$28.8 million in 2022, then sank by 356.25% to -$131.5 million in 2023, then advanced by 17.9% to -$107.9 million in 2024, then surged by 88.7% to -$12.2 million in 2025.
- Business Quant data shows LEGN's Free Cash Flow at -$12.2 million in Q4 2025, $33.8 million in Q3 2025, and -$3.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -19.58 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | -2.49 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 158.09 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.29 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 848.30 Mn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | - |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | -354.95 Mn |
| 10 | Legend Biotech | 8.26 Bn | 7.36 Bn | - | -12.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -12.20 Mn |
| Dec 31, 2025 | -12.20 Mn |
| Sep 30, 2025 | 33.81 Mn |
| Sep 30, 2025 | 33.81 Mn |
| Jun 30, 2025 | -3.82 Mn |
| Jun 30, 2025 | -3.82 Mn |
| Mar 31, 2025 | -101.75 Mn |
| Mar 31, 2025 | -101.75 Mn |
| Dec 31, 2024 | -107.93 Mn |
| Dec 31, 2024 | -107.93 Mn |
| Sep 30, 2024 | -73.76 Mn |
| Sep 30, 2024 | -73.76 Mn |
| Jun 30, 2024 | 1.77 Mn |
| Jun 30, 2024 | 1.77 Mn |
| Mar 31, 2024 | 21.76 Mn |
| Mar 31, 2024 | 21.76 Mn |
| Dec 31, 2023 | -131.47 Mn |
| Dec 31, 2023 | -131.47 Mn |
| Sep 30, 2023 | -55.47 Mn |
| Sep 30, 2023 | -55.47 Mn |