Milestone Pharmaceuticals MIST
NASDAQ MIST
$1.05 -0.02 (-1.87%)
At close: Sep 10, 2026 · 4:00 PM EDT

Milestone Pharmaceuticals (MIST) Free Cash Flow (2018 - 2026)

Milestone Pharmaceuticals' (MIST) quarterly Free Cash Flow came in at -$22.7 million in Q2 2026, down 80.81% on a YoY basis from -$118.5 million in Q2 2025, and down 41.26% quarter-over-quarter from -$16.1 million in Q1 2026.

Analysis

Milestone Pharmaceuticals (MIST) Free Cash Flow (2018 - 2026) Analysis & Trends

Milestone Pharmaceuticals (MIST) has reported Free Cash Flow for 9 consecutive years, with -$22.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Free Cash Flow fell 80.81% year-over-year to -$22.7 million; the trailing twelve-month figure through Jun 2026 stood at -$61.6 million (down 52.51% YoY), and the FY2025 full-year result was -$49.3 million, down 70.85% from the prior year.
  • Free Cash Flow retreated to -$22.7 million in Q2 2026 per MIST's latest filing, from -$16.1 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at -$6.1 million in Q2 2024 and bottomed at -$22.7 million in Q2 2026.
  • Historically, Free Cash Flow has averaged -$12.0 million across 5 years, with a median of -$12.4 million in 2023.
  • The sharpest annual moves came in 2022 and 2024: Free Cash Flow sank 1487.68% in 2022, then soared 42.87% in 2024.
  • Over 5 years, Free Cash Flow stood at -$13.0 million in 2022, then grew by 24.24% to -$9.8 million in 2023, then soared by 30.14% to -$6.9 million in 2024, then slumped by 90.21% to -$13.1 million in 2025, then tumbled by 74.15% to -$22.7 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$22.7 million, -$16.1 million, and -$13.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Amgen 206.44 Bn 192.45 Bn 7.24 Bn 3.49 Bn
2 Gilead Sciences 179.97 Bn 176.79 Bn 6.22 Bn 3.43 Bn
3 Vertex Pharmaceuticals 130.57 Bn 122.72 Bn 2.84 Bn 1.01 Bn
4 Regeneron Pharmaceuticals 81.63 Bn 73.63 Bn 3.93 Bn 572.80 Mn
5 Argenx Se 60.34 Bn 55.16 Bn 1.37 Bn -
6 Moderna 54.37 Bn 49.23 Bn 52.00 Mn -563.00 Mn
7 Alnylam Pharmaceuticals 33.07 Bn 29.76 Bn 992.69 Mn 292.04 Mn
8 Biogen 31.84 Bn 30.55 Bn 1.96 Bn 408.00 Mn
9 Roivant Sciences 29.49 Bn 29.49 Bn 1.16 Mn -268.64 Mn
10 Milestone Pharmaceuticals 146.32 Mn -25.18 Mn - -22.74 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -22.74 Mn
Mar 31, 2026 -16.10 Mn
Dec 31, 2025 -13.06 Mn
Sep 30, 2025 -9.75 Mn
Jun 30, 2025 -12.58 Mn
Mar 31, 2025 -13.96 Mn
Dec 31, 2024 -6.87 Mn
Sep 30, 2024 -7.02 Mn
Jun 30, 2024 -6.05 Mn
Mar 31, 2024 -8.93 Mn
Dec 31, 2023 -9.83 Mn
Sep 30, 2023 -12.18 Mn
Jun 30, 2023 -10.60 Mn
Mar 31, 2023 -13.94 Mn
Dec 31, 2022 -12.97 Mn
Sep 30, 2022 -11.68 Mn
Jun 30, 2022 -14.09 Mn
Mar 31, 2022 -13.95 Mn
Dec 31, 2021 -12.38 Mn
Sep 30, 2021 -9.39 Mn