Tectonic Therapeutic (TECX) Free Cash Flow (2017 - 2026)

Tectonic Therapeutic's (TECX) quarterly Free Cash Flow came in at -$18.4 million in Q1 2026, down 40.63% year-on-year from -$31.1 million in Q1 2025, and down 27.49% on a QoQ basis from -$14.5 million in Q4 2025.

Tectonic Therapeutic (TECX) Free Cash Flow (2017 - 2026) Analysis & Trends

Tectonic Therapeutic (TECX) has 10 years of Free Cash Flow data on file, last reported at -$18.4 million in Q1 2026.

  • On a quarterly basis, Free Cash Flow fell 40.63% year-over-year to -$18.4 million in Q1 2026; TTM through Mar 2026 was -$65.6 million, a 3.99% decrease from a year earlier, with the FY2025 full-year figure at -$60.3 million, down 1.77% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$18.4 million, down from -$14.5 million in the prior quarter.
  • Over the last five years, Free Cash Flow for TECX reached as high as -$473000.0 in Q2 2023 and fell as low as -$29.1 million in Q2 2022.
  • Historically, Free Cash Flow has averaged -$16.2 million across 5 years, with a median of -$16.3 million in 2022.
  • Across the five-year window, Free Cash Flow jumped 98.38% in 2023 and sank 2734.25% in 2024, its largest moves.
  • Year by year, Free Cash Flow stood at -$23.9 million in 2022, then surged by 51.32% to -$11.7 million in 2023, then plunged by 44.35% to -$16.8 million in 2024, then rose by 14.05% to -$14.5 million in 2025, then decreased by 27.49% to -$18.4 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$18.4 million in Q1 2026, -$14.5 million in Q4 2025, and -$18.0 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 Tectonic Therapeutic 595.23 Mn 595.23 Mn - -18.44 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -18.44 Mn
Mar 31, 2026 -18.44 Mn
Dec 31, 2025 -14.46 Mn
Dec 31, 2025 -14.46 Mn
Sep 30, 2025 -18.00 Mn
Sep 30, 2025 -18.00 Mn
Jun 30, 2025 -14.72 Mn
Jun 30, 2025 -14.72 Mn
Mar 31, 2025 -13.11 Mn
Mar 31, 2025 -13.11 Mn
Dec 31, 2024 -16.82 Mn
Dec 31, 2024 -16.82 Mn
Sep 30, 2024 -19.76 Mn
Sep 30, 2024 -19.76 Mn
Jun 30, 2024 -13.41 Mn
Jun 30, 2024 -13.41 Mn
Mar 31, 2024 -9.25 Mn
Mar 31, 2024 -9.25 Mn
Dec 31, 2023 -11.66 Mn
Dec 31, 2023 -11.66 Mn