Ultragenyx Pharmaceutical (RARE) Free Cash Flow (2013 - 2026)

Ultragenyx Pharmaceutical's (RARE) quarterly Free Cash Flow came in at -$198.0 million in Q1 2026, down 18.56% year-on-year from -$243.1 million in Q1 2025, and down 96.49% on a QoQ basis from -$100.8 million in Q4 2025.

Ultragenyx Pharmaceutical (RARE) Free Cash Flow (2013 - 2026) Analysis & Trends

Ultragenyx Pharmaceutical (RARE) has 14 years of Free Cash Flow data on file, last reported at -$198.0 million in Q1 2026.

  • On a quarterly basis, Free Cash Flow fell 18.56% year-over-year to -$198.0 million in Q1 2026; TTM through Mar 2026 was -$503.0 million, a 24.51% decrease from a year earlier, with the FY2025 full-year figure at -$472.0 million, down 10.02% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$198.0 million, down from -$100.8 million in the prior quarter.
  • Over the last five years, Free Cash Flow for RARE reached as high as -$51.4 million in Q4 2023 and fell as low as -$198.0 million in Q1 2026.
  • Historically, Free Cash Flow has averaged -$122.4 million across 5 years, with a median of -$111.5 million in 2025.
  • Across the five-year window, Free Cash Flow sank 1041.85% in 2022 and soared 72.35% in 2023, its largest moves.
  • Year by year, Free Cash Flow stood at -$186.0 million in 2022, then surged by 72.35% to -$51.4 million in 2023, then slumped by 70.09% to -$87.5 million in 2024, then decreased by 15.19% to -$100.8 million in 2025, then tumbled by 96.49% to -$198.0 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$198.0 million in Q1 2026, -$100.8 million in Q4 2025, and -$92.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -19.58 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 158.09 Mn
4 NuCana 279.75 Bn 279.75 Bn - -1.53 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.29 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 848.30 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 - -354.95 Mn
10 Ultragenyx Pharmaceutical 2.72 Bn 2.31 Bn 106.00 Mn -198.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -198.00 Mn
Mar 31, 2026 -198.00 Mn
Dec 31, 2025 -100.77 Mn
Dec 31, 2025 -100.77 Mn
Sep 30, 2025 -92.70 Mn
Sep 30, 2025 -92.70 Mn
Jun 30, 2025 -111.53 Mn
Jun 30, 2025 -111.53 Mn
Mar 31, 2025 -167.00 Mn
Mar 31, 2025 -167.00 Mn
Dec 31, 2024 -87.48 Mn
Dec 31, 2024 -87.48 Mn
Sep 30, 2024 -72.93 Mn
Sep 30, 2024 -72.93 Mn
Jun 30, 2024 -76.58 Mn
Jun 30, 2024 -76.58 Mn
Mar 31, 2024 -192.01 Mn
Mar 31, 2024 -192.01 Mn
Dec 31, 2023 -51.43 Mn
Dec 31, 2023 -51.43 Mn