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

Revolution Medicines (RVMD) recorded quarterly Free Cash Flow of -$355.0 million in Q1 2026, down 29.22% quarter-over-quarter from -$274.7 million in Q4 2025, and down 79.98% on a YoY basis from -$1.8 billion in Q1 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.

  • In Q1 2026, Free Cash Flow fell 79.98% year-over-year to -$355.0 million; the TTM figure through Mar 2026 stood at -$1.1 billion (down 75.49% YoY), while the FY2025 annual figure was -$899.6 million, down 58.45% from the prior year.
  • Free Cash Flow was -$355.0 million for Q1 2026 at Revolution Medicines, down from -$274.7 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$55.3 million in Q4 2022 to a low of -$355.0 million in Q1 2026.
  • Historically, Free Cash Flow has averaged -$141.3 million across 5 years, with a median of -$131.8 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Free Cash Flow declined 12.87% in 2023, then slumped 153.24% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at -$55.3 million in 2022, then sank by 120.47% to -$121.8 million in 2023, then decreased by 14.5% to -$139.5 million in 2024, then sank by 96.89% to -$274.7 million in 2025, then retreated by 29.22% to -$355.0 million in 2026.
  • The last three Free Cash Flow figures came in at -$355.0 million (Q1 2026), -$274.7 million (Q4 2025), and -$198.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -1.67 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -12.20 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -2.49 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.29 Bn
9 Abivax 91.96 Bn 91.96 Bn - 63,220.27
10 Revolution Medicines 32.33 Bn 32.33 Bn - -354.95 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -354.95 Mn
Mar 31, 2026 -354.95 Mn
Dec 31, 2025 -274.69 Mn
Dec 31, 2025 -274.69 Mn
Sep 30, 2025 -198.02 Mn
Sep 30, 2025 -198.02 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 -139.51 Mn
Dec 31, 2024 -139.51 Mn
Sep 30, 2024 -133.94 Mn
Sep 30, 2024 -133.94 Mn
Jun 30, 2024 -131.84 Mn
Jun 30, 2024 -131.84 Mn
Mar 31, 2024 -162.45 Mn
Mar 31, 2024 -162.45 Mn
Dec 31, 2023 -121.85 Mn
Dec 31, 2023 -121.85 Mn