Cartesian Therapeutics (RNAC) Free Cash Flow (2015 - 2026)

Cartesian Therapeutics' (RNAC) quarterly Free Cash Flow came in at -$22.2 million in Q1 2026, up 8.36% year-on-year from -$20.5 million in Q1 2025, and up 3.87% on a QoQ basis from -$23.1 million in Q4 2025.

Cartesian Therapeutics (RNAC) Free Cash Flow (2015 - 2026) Analysis & Trends

Cartesian Therapeutics (RNAC) has 12 years of Free Cash Flow data on file, last reported at -$22.2 million in Q1 2026.

  • On a quarterly basis, Free Cash Flow rose 8.36% year-over-year to -$22.2 million in Q1 2026; TTM through Mar 2026 was -$77.4 million, a 135.99% decrease from a year earlier, with the FY2025 full-year figure at -$79.4 million, down 223.78% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$22.2 million, up from -$23.1 million in the prior quarter.
  • Over the last five years, Free Cash Flow for RNAC reached as high as $15.5 million in Q3 2024 and fell as low as -$24.2 million in Q1 2025.
  • Historically, Free Cash Flow has averaged -$12.4 million across 5 years, with a median of -$12.9 million in 2022.
  • Across the five-year window, Free Cash Flow tumbled 303.89% in 2023 and surged 267.76% in 2024, its largest moves.
  • Year by year, Free Cash Flow stood at -$12.9 million in 2022, then tumbled by 80.93% to -$23.3 million in 2023, then jumped by 68.06% to -$7.5 million in 2024, then tumbled by 209.17% to -$23.1 million in 2025, then climbed by 3.87% to -$22.2 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$22.2 million in Q1 2026, -$23.1 million in Q4 2025, and -$15.0 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 Cartesian Therapeutics 226.07 Mn 226.07 Mn - -22.16 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -22.16 Mn
Mar 31, 2026 -22.16 Mn
Dec 31, 2025 -23.06 Mn
Dec 31, 2025 -23.06 Mn
Sep 30, 2025 -15.02 Mn
Sep 30, 2025 -15.02 Mn
Jun 30, 2025 -17.13 Mn
Jun 30, 2025 -17.13 Mn
Mar 31, 2025 -24.18 Mn
Mar 31, 2025 -24.18 Mn
Dec 31, 2024 -7.46 Mn
Dec 31, 2024 -7.46 Mn
Sep 30, 2024 15.49 Mn
Sep 30, 2024 15.49 Mn
Jun 30, 2024 -16.64 Mn
Jun 30, 2024 -16.64 Mn
Mar 31, 2024 -15.92 Mn
Mar 31, 2024 -15.92 Mn
Dec 31, 2023 -23.35 Mn
Dec 31, 2023 -23.35 Mn