Legend Biotech (LEGN) Net Cash Flow (2019 - 2026)

Legend Biotech (LEGN) posted quarterly Net Cash Flow of -$254.3 million for Q1 2026, down 265.56% year-on-year from $153.6 million in Q1 2025, and down 140.64% on a QoQ basis from $625.7 million in Q4 2025.

Legend Biotech (LEGN) Net Cash Flow (2019 - 2026) Analysis & Trends

Legend Biotech (LEGN) has reported Net Cash Flow for 8 consecutive years, with -$254.3 million the latest figure, recorded in Q1 2026.

  • Quarterly Net Cash Flow fell 265.56% year-over-year to -$254.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $201.3 million (up 144.18% YoY) and the FY2025 annual result came in at $609.1 million, up 161.59% from the prior year.
  • Net Cash Flow declined to -$254.3 million in Q1 2026 per LEGN's latest filing, from $625.7 million in the prior quarter.
  • Over the last five years, Net Cash Flow for LEGN reached as high as $625.7 million in Q4 2025 and fell as low as -$696.3 million in Q2 2024.
  • A 5-year average of -$2.6 million and a median of -$25.6 million in 2022 frame the typical range for Net Cash Flow.
  • Annual changes were most pronounced in 2022 — Net Cash Flow sank 611.55% — and 2023, when it soared 19899.89%.
  • Year by year, Net Cash Flow stood at -$25.6 million in 2022, then jumped by 1322.17% to $312.8 million in 2023, then slumped by 154.45% to -$170.3 million in 2024, then jumped by 467.41% to $625.7 million in 2025, then slumped by 140.64% to -$254.3 million in 2026.
  • According to Business Quant data, Net Cash Flow over the past three periods registered -$254.3 million, $625.7 million, and $9.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - 10.56 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 224.46 Mn
4 NuCana 279.75 Bn 279.75 Bn - -1.34 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 457.40 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn -152.20 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - 57.19 Mn
10 Legend Biotech 8.69 Bn 7.79 Bn 129.70 Mn -254.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -254.30 Mn
Mar 31, 2026 -254.30 Mn
Dec 31, 2025 625.70 Mn
Dec 31, 2025 625.70 Mn
Sep 30, 2025 9.47 Mn
Sep 30, 2025 9.47 Mn
Jun 30, 2025 -179.60 Mn
Jun 30, 2025 -179.60 Mn
Mar 31, 2025 153.60 Mn
Mar 31, 2025 153.60 Mn
Dec 31, 2024 -170.30 Mn
Dec 31, 2024 -170.30 Mn
Sep 30, 2024 257.50 Mn
Sep 30, 2024 257.50 Mn
Jun 30, 2024 -696.33 Mn
Jun 30, 2024 -696.33 Mn
Mar 31, 2024 -379.80 Mn
Mar 31, 2024 -379.80 Mn
Dec 31, 2023 312.79 Mn
Dec 31, 2023 312.79 Mn