Revolution Medicines (RVMD) Free Cash Flow (2019 - 2026)

Revolution Medicines' (RVMD) quarterly Free Cash Flow came in at -$355.0 million in Q1 2026, down 79.98% year-on-year from -$1.8 billion in Q1 2025, and down 27.91% quarter-over-quarter from -$277.5 million in Q4 2025.

Revolution Medicines (RVMD) Free Cash Flow (2019 - 2026) Analysis & Trends

Revolution Medicines' Free Cash Flow history runs 8 years deep, the most recent figure standing at -$355.0 million for Q1 2026.

  • On a quarterly basis, Free Cash Flow fell 79.98% year-over-year to -$355.0 million in Q1 2026; TTM through Mar 2026 was -$1.1 billion, a 79.84% decrease from a year earlier, with the FY2025 full-year figure at -$913.7 million, down 63.45% from the prior year.
  • Free Cash Flow retreated to -$355.0 million in Q1 2026 per RVMD's latest filing, from -$277.5 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at -$51.6 million in Q3 2022 and bottomed at -$355.0 million in Q1 2026.
  • The 5-year median for Free Cash Flow is -$130.8 million (2024), against an average of -$141.6 million.
  • Biggest YoY gain for Free Cash Flow was 11.05% in 2024; the steepest drop was 154.11% in 2024.
  • Year by year, Free Cash Flow stood at -$61.3 million in 2022, then plunged by 92.17% to -$117.8 million in 2023, then decreased by 11.05% to -$130.8 million in 2024, then plunged by 112.2% to -$277.5 million in 2025, then fell by 27.91% to -$355.0 million in 2026.
  • Per Business Quant, the three latest RVMD Free Cash Flow figures stand at -$355.0 million (Q1 2026), -$277.5 million (Q4 2025), and -$209.3 million (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 Alnylam Pharmaceuticals 35.71 Bn 32.70 Bn 959.66 Mn 48.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -354.95 Mn
Mar 31, 2026 -354.95 Mn
Dec 31, 2025 -277.51 Mn
Dec 31, 2025 -277.51 Mn
Sep 30, 2025 -209.31 Mn
Sep 30, 2025 -209.31 Mn
Jun 30, 2025 -229.69 Mn
Jun 30, 2025 -229.69 Mn
Mar 31, 2025 -197.22 Mn
Mar 31, 2025 -197.22 Mn
Dec 31, 2024 -130.78 Mn
Dec 31, 2024 -130.78 Mn
Sep 30, 2024 -133.94 Mn
Sep 30, 2024 -133.94 Mn
Jun 30, 2024 -133.86 Mn
Jun 30, 2024 -133.86 Mn
Mar 31, 2024 -160.44 Mn
Mar 31, 2024 -160.44 Mn
Dec 31, 2023 -117.76 Mn
Dec 31, 2023 -117.76 Mn