Biohaven annual free cash flow
2020
2021
2022
2023
2024
2025
Biohaven Free Cash Flow (FCF) History (BHVN)
Biohaven reported −$610.2M in free cash flow for fiscal 2025, a decrease of $23.7M from the previous fiscal year.
View full Biohaven company overviewBiohaven free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$610.2M | −$23.7M | — | — |
| 2024 | 2024-12-31 | −$586.5M | −$251.7M | — | — |
| 2023 | 2023-12-31 | −$334.8M | −$31.0M | — | — |
| 2022 | 2022-12-31 | −$303.8M | −$157.0M | — | — |
| 2021 | 2021-12-31 | −$146.8M | −$69.7M | — | — |
| 2020 | 2020-12-31 | −$77.1M | — | — | — |
Biohaven quarterly free cash flow
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$85.6M | $82.6M | — | — |
| Q1 2026 | 2026-03-31 | −$149.9M | $15.7M | — | — |
| Q4 2025 | 2025-12-31 | −$130.7M | $40.1M | — | — |
| Q3 2025 | 2025-09-30 | −$145.7M | −$3.8M | — | — |
| Q2 2025 | 2025-06-30 | −$168.2M | $2.6M | — | — |
| Q1 2025 | 2025-03-31 | −$165.6M | −$62.5M | — | — |
| Q4 2024 | 2024-12-31 | −$170.8M | −$55.4M | — | — |
| Q3 2024 | 2024-09-30 | −$141.9M | −$45.8M | — | — |
| Q2 2024 | 2024-06-30 | −$170.7M | −$125.8M | — | — |
| Q1 2024 | 2024-03-31 | −$103.1M | −$24.7M | — | — |
| Q4 2023 | 2023-12-31 | −$115.4M | −$39.6M | — | — |
| Q3 2023 | 2023-09-30 | −$96.1M | $4.0M | — | — |
| Q2 2023 | 2023-06-30 | −$45.0M | $23.9M | — | — |
| Q1 2023 | 2023-03-31 | −$78.4M | −$19.3M | — | — |
| Q4 2022 | 2022-12-31 | −$75.7M | — | — | — |
| Q3 2022 | 2022-09-30 | −$100.1M | — | — | — |
| Q2 2022 | 2022-06-30 | −$68.9M | — | — | — |
| Q1 2022 | 2022-03-31 | −$59.1M | — | — | — |
Biohaven free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$77.1M to −$610.2M, a net decrease of $533.1M. Biohaven's latest reported quarter, Q2 2026, generated −$85.6M in free cash flow, an increase of $82.6M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Biohaven filings at SEC.gov ↗