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
DateValue
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