Viatris (VTRS) Free Cash Flow (2019 - 2026)

Viatris (VTRS) recorded quarterly Free Cash Flow of $348.4 million in Q1 2026, down 43.74% quarter-over-quarter from $619.3 million in Q4 2025, and down 29.32% on a YoY basis from $492.9 million in Q1 2025.

Viatris (VTRS) Free Cash Flow (2019 - 2026) Analysis & Trends

Viatris' Free Cash Flow history runs 8 years deep, the most recent figure standing at $348.4 million for Q1 2026.

  • In Q1 2026, Free Cash Flow fell 29.32% year-over-year to $348.4 million; the TTM figure through Mar 2026 stood at $1.8 billion (down 5.9% YoY), while the FY2025 annual figure was $1.9 billion, down 2.01% from the prior year.
  • Free Cash Flow was $348.4 million for Q1 2026 at Viatris, down from $619.3 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $1.1 billion in Q1 2022 to a low of $35.3 million in Q4 2022.
  • Historically, Free Cash Flow has averaged $551.7 million across 5 years, with a median of $564.8 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Free Cash Flow sank 89.16% in 2022, then surged 1041.64% in 2023.
  • A 5-year view of Free Cash Flow shows it stood at $35.3 million in 2022, then soared by 1041.64% to $403.0 million in 2023, then dropped by 15.06% to $342.3 million in 2024, then jumped by 80.92% to $619.3 million in 2025, then plunged by 43.74% to $348.4 million in 2026.
  • The last three Free Cash Flow figures came in at $348.4 million (Q1 2026), $619.3 million (Q4 2025), and $658.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn -208.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 291.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 362.50 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn -
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 136.70 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn -38.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -169.83 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 80.53 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 123.09 Mn
10 Viatris - - 1.16 Bn 348.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 348.40 Mn
Mar 31, 2026 348.40 Mn
Dec 31, 2025 619.30 Mn
Dec 31, 2025 619.30 Mn
Sep 30, 2025 658.10 Mn
Sep 30, 2025 658.10 Mn
Jun 30, 2025 166.80 Mn
Jun 30, 2025 166.80 Mn
Mar 31, 2025 492.90 Mn
Mar 31, 2025 492.90 Mn
Dec 31, 2024 342.30 Mn
Dec 31, 2024 342.30 Mn
Sep 30, 2024 749.50 Mn
Sep 30, 2024 749.50 Mn
Jun 30, 2024 320.30 Mn
Jun 30, 2024 320.30 Mn
Mar 31, 2024 564.80 Mn
Mar 31, 2024 564.80 Mn
Dec 31, 2023 403.00 Mn
Dec 31, 2023 403.00 Mn