Kamada annual free cash flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Kamada Free Cash Flow (FCF) History (KMDA)
Kamada reported $15.6M in free cash flow for fiscal 2025, a decrease of 57.55% from the previous fiscal year, with a free cash flow margin of 8.67%.
View full Kamada company overviewKamada free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $15.6M | −$21.2M | −57.55% | +8.67% |
| 2024 | 2024-12-31 | $36.9M | $38.4M | — | +22.90% |
| 2023 | 2023-12-31 | −$1.5M | −$26.3M | — | −1.08% |
| 2022 | 2022-12-31 | $24.8M | $37.4M | — | +19.18% |
| 2021 | 2021-12-31 | −$12.5M | −$26.2M | — | −12.11% |
| 2020 | 2020-12-31 | $13.6M | −$11.7M | −46.12% | +10.22% |
| 2019 | 2019-12-31 | $25.3M | $17.6M | +229.82% | +19.87% |
| 2018 | 2018-12-31 | $7.7M | $8.2M | — | +6.69% |
| 2017 | 2017-12-31 | −$559,000 | $185,000 | — | −0.54% |
| 2016 | 2016-12-31 | −$744,000 | $16.0M | — | −0.96% |
| 2015 | 2015-12-31 | −$16.7M | — | — | −23.88% |
Kamada quarterly free cash flow
Q3.20
Q2.21
Q3.21
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
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | $4.8M | −$2.7M | −35.90% | +10.72% |
| Q3 2025 | 2025-09-30 | $6.8M | −$13.3M | −66.02% | +14.52% |
| Q2 2025 | 2025-06-30 | $6.0M | −$4.9M | −45.16% | +13.42% |
| Q1 2025 | 2025-03-31 | −$2.0M | −$319,000 | — | −4.50% |
| Q4 2024 | 2024-12-31 | $7.5M | $9.0M | — | +19.16% |
| Q3 2024 | 2024-09-30 | $20.1M | $20.9M | — | +48.13% |
| Q2 2024 | 2024-06-30 | $11.0M | $10.2M | +1289.97% | +25.79% |
| Q1 2024 | 2024-03-31 | −$1.7M | −$1.7M | — | −4.40% |
| Q4 2023 | 2023-12-31 | −$1.5M | −$11.1M | — | −2.25% |
| Q3 2023 | 2023-09-30 | −$808,000 | −$811,876 | — | −2.13% |
| Q2 2023 | 2023-06-30 | $788,000 | −$9.4M | −92.28% | +2.10% |
| Q1 2023 | 2023-03-31 | −$3,968 | −$5.0M | — | −12.92% |
| Q4 2022 | 2022-12-31 | $9.6M | $13.8M | — | +12.42% |
| Q3 2022 | 2022-09-30 | $3,876 | $4.6M | — | +12.03% |
| Q2 2022 | 2022-06-30 | $10.2M | $9.3M | +1020.64% | +43.28% |
| Q1 2022 | 2022-03-31 | $5.0M | — | — | +17.63% |
| Q3 2021 | 2021-09-30 | −$4.2M | — | — | −18.21% |
| Q2 2021 | 2021-06-30 | −$4.6M | — | — | −19.03% |
| Q3 2020 | 2020-09-30 | $911,000 | — | — | +2.58% |
Kamada free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $13.6M to $15.6M, a compound annual growth rate of 2.81%. Kamada's latest reported quarter, Q4 2025, generated $4.8M in free cash flow, a decrease of 35.90% 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 Kamada filings at SEC.gov ↗