MBX Biosciences (MBX) Free Cash Flow (2023 - 2026)
MBX Biosciences (MBX) posted Free Cash Flow of -$20.6 million for Q1 2026, down 20.09% sequentially from -$17.2 million in Q4 2025, and up 10.94% YoY from -$18.6 million in Q1 2025.
Analysis
MBX Biosciences (MBX) Free Cash Flow (2023 - 2026) Analysis & Trends
MBX Biosciences has reported Free Cash Flow for 4 years, with the latest figure at -$20.6 million in Q1 2026.
- Quarterly Free Cash Flow rose 10.94% year-over-year to -$20.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$77.4 million (down 14.3% YoY) and the FY2025 annual result came in at -$80.0 million, down 43.96% from the prior year.
- Free Cash Flow fell to -$20.6 million in Q1 2026 per MBX's latest filing, from -$17.2 million in the prior quarter.
- Over five years, Free Cash Flow peaked at -$11.0 million in Q1 2024 and troughed at -$23.2 million in Q1 2025.
- A 4-year average of -$16.7 million and a median of -$16.7 million in 2024 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2025 and 2026: Free Cash Flow sank 111.05% in 2025, then climbed 10.94% in 2026.
- Over 4 years, Free Cash Flow stood at -$11.3 million in 2023, then slumped by 43.05% to -$16.1 million in 2024, then retreated by 6.58% to -$17.2 million in 2025, then declined by 20.09% to -$20.6 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$20.6 million, -$17.2 million, and -$21.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.43 Bn | 130.58 Bn | 2.84 Bn | 1.01 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 572.80 Mn |
| 3 | Argenx Se | 63.34 Bn | 58.15 Bn | 1.37 Bn | - |
| 4 | Moderna | 57.98 Bn | 52.85 Bn | 52.00 Mn | -563.00 Mn |
| 5 | Revolution Medicines | 43.98 Bn | 43.98 Bn | - | -389.61 Mn |
| 6 | BeOne Medicines | 39.92 Bn | 34.82 Bn | 1.53 Bn | 437.80 Mn |
| 7 | Alnylam Pharmaceuticals | 35.42 Bn | 32.11 Bn | 992.69 Mn | 292.04 Mn |
| 8 | Royalty Pharma | 28.42 Bn | 27.58 Bn | - | 477.44 Mn |
| 9 | Insmed | 27.36 Bn | 26.20 Bn | 358.27 Mn | -95.09 Mn |
| 10 | MBX Biosciences | 2.95 Bn | 2.95 Bn | - | -23.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -23.52 Mn |
| Mar 31, 2026 | -20.65 Mn |
| Dec 31, 2025 | -19.09 Mn |
| Sep 30, 2025 | -21.94 Mn |
| Jun 30, 2025 | -17.67 Mn |
| Mar 31, 2025 | -23.18 Mn |
| Dec 31, 2024 | -16.13 Mn |
| Sep 30, 2024 | -14.72 Mn |
| Jun 30, 2024 | -13.72 Mn |
| Mar 31, 2024 | -10.98 Mn |
| Dec 31, 2023 | -11.20 Mn |