Cartesian Therapeutics (RNAC) Free Cash Flow (2015 - 2026)
Cartesian Therapeutics (RNAC) posted quarterly Free Cash Flow of -$22.2 million for Q1 2026, up 8.36% year-over-year from -$20.5 million in Q1 2025, and up 3.87% quarter-over-quarter from -$23.1 million in Q4 2025.
Analysis
Cartesian Therapeutics (RNAC) Free Cash Flow (2015 - 2026) Analysis & Trends
Cartesian Therapeutics (RNAC) has reported Free Cash Flow for 12 consecutive years, with -$22.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Free Cash Flow rose 8.36% year-over-year to -$22.2 million; the TTM figure through Mar 2026 stood at -$77.4 million (down 135.99% YoY), while the FY2025 annual figure was -$79.4 million, down 223.78% from the prior year.
- Free Cash Flow improved to -$22.2 million in Q1 2026 per RNAC's latest filing, from -$23.1 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $15.5 million in Q3 2024 and bottomed at -$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.
- Annual changes were most pronounced in 2023 — Free Cash Flow sank 303.89% — and 2024, when it jumped 267.76%.
- Cartesian Therapeutics' Free Cash Flow stood at -$12.9 million in 2022, then tumbled by 80.93% to -$23.3 million in 2023, then surged by 68.06% to -$7.5 million in 2024, then tumbled by 209.17% to -$23.1 million in 2025, then gained by 3.87% to -$22.2 million in 2026.
- Business Quant data shows RNAC's Free Cash Flow at -$22.2 million in Q1 2026, -$23.1 million in Q4 2025, and -$15.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 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 | 63.38 Bn | 58.19 Bn | 1.37 Bn | - |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | -563.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | -389.61 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 437.80 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 292.04 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 477.44 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | -95.09 Mn |
| 10 | Cartesian Therapeutics | 271.98 Mn | 271.98 Mn | - | -21.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -21.32 Mn |
| Mar 31, 2026 | -22.19 Mn |
| Dec 31, 2025 | -18.20 Mn |
| Sep 30, 2025 | -16.89 Mn |
| Jun 30, 2025 | -20.12 Mn |
| Mar 31, 2025 | -24.18 Mn |
| Dec 31, 2024 | -7.71 Mn |
| Sep 30, 2024 | 8.18 Mn |
| Jun 30, 2024 | -16.72 Mn |
| Mar 31, 2024 | -16.52 Mn |
| Dec 31, 2023 | -23.35 Mn |
| Sep 30, 2023 | -9.22 Mn |
| Jun 30, 2023 | -9.91 Mn |
| Mar 31, 2023 | -8.90 Mn |
| Dec 31, 2022 | -12.06 Mn |
| Sep 30, 2022 | 3.92 Mn |
| Jun 30, 2022 | -12.37 Mn |
| Mar 31, 2022 | -12.32 Mn |
| Dec 31, 2021 | -31.74 Mn |
| Sep 30, 2021 | -10.91 Mn |