Cartesian Therapeutics RNAC
NASDAQ RNAC
$9.27 +0.15 (+1.64%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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