Nuvalent (NUVL) Free Cash Flow (2020 - 2026)

Nuvalent (NUVL) reported Free Cash Flow of -$92.4 million for Q1 2026, down 68.55% on a YoY basis from -$293.8 million in Q1 2025, and down 26.01% quarter-over-quarter from -$73.3 million in Q4 2025.

Nuvalent (NUVL) Free Cash Flow (2020 - 2026) Analysis & Trends

Nuvalent has reported Free Cash Flow for 7 years, with the latest figure at -$92.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 68.55% year-over-year to -$92.4 million; the trailing twelve-month figure through Mar 2026 stood at -$312.8 million (down 53.48% YoY), and the FY2025 full-year result was -$275.2 million, down 48.71% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$92.4 million, down from -$73.3 million in the prior quarter.
  • The five-year high for Free Cash Flow was -$13.5 million in Q1 2022, with the low at -$92.4 million in Q1 2026.
  • Historically, Free Cash Flow has averaged -$42.2 million across 5 years, with a median of -$36.1 million in 2024.
  • Annual changes were most pronounced in 2022 — Free Cash Flow sank 128.25% — and 2025, when it retreated 18.27%.
  • Nuvalent's Free Cash Flow stood at -$17.8 million in 2022, then plunged by 69.91% to -$30.2 million in 2023, then plunged by 105.24% to -$62.0 million in 2024, then dropped by 18.27% to -$73.3 million in 2025, then slipped by 26.01% to -$92.4 million in 2026.
  • The last three Free Cash Flow figures came in at -$92.4 million (Q1 2026), -$73.3 million (Q4 2025), and -$70.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn - -
2 Belite Bio 55,096.00 Bn 55,096.00 Bn - -
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn - -1.67 Mn
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn -12.20 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn - -2.49 Mn
6 Evaxion A 1,551.28 Bn 1,551.26 Bn - -
7 Psyence Biomedical 227.32 Bn 227.31 Bn - -
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 1.29 Bn
9 Abivax 91.71 Bn 91.71 Bn - 63,220.27
10 Nuvalent 9.70 Bn 9.70 Bn - -92.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -92.40 Mn
Mar 31, 2026 -92.40 Mn
Dec 31, 2025 -73.33 Mn
Dec 31, 2025 -73.33 Mn
Sep 30, 2025 -70.46 Mn
Sep 30, 2025 -70.46 Mn
Jun 30, 2025 -76.60 Mn
Jun 30, 2025 -76.60 Mn
Mar 31, 2025 -54.82 Mn
Mar 31, 2025 -54.82 Mn
Dec 31, 2024 -62.00 Mn
Dec 31, 2024 -62.00 Mn
Sep 30, 2024 -45.82 Mn
Sep 30, 2024 -45.82 Mn
Jun 30, 2024 -41.16 Mn
Jun 30, 2024 -41.16 Mn
Mar 31, 2024 -36.09 Mn
Mar 31, 2024 -36.09 Mn
Dec 31, 2023 -30.21 Mn
Dec 31, 2023 -30.21 Mn