Tonix Pharmaceuticals Holding annual free cash flow
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Tonix Pharmaceuticals Holding Free Cash Flow (FCF) History (TNXP)
Tonix Pharmaceuticals Holding reported −$103.2M in free cash flow for fiscal 2025, a decrease of $42.2M from the previous fiscal year, with a free cash flow margin of −787.46%.
View full Tonix Pharmaceuticals Holding company overviewTonix Pharmaceuticals Holding free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$103.2M | −$42.2M | — | −787.46% |
| 2024 | 2024-12-31 | −$61.0M | $48.9M | — | −604.77% |
| 2023 | 2023-12-31 | −$109.9M | $36.3M | — | −1414.75% |
| 2022 | 2022-12-31 | −$146.2M | −$35.3M | — | — |
| 2021 | 2021-12-31 | −$110.9M | −$53.7M | — | — |
| 2020 | 2020-12-31 | −$57.1M | −$30.4M | — | — |
| 2019 | 2019-12-31 | −$26.7M | −$2.7M | — | — |
| 2018 | 2018-12-31 | −$24.0M | −$4.8M | — | — |
| 2017 | 2017-12-31 | −$19.1M | $18.2M | — | — |
| 2016 | 2016-12-31 | −$37.4M | $5.3M | — | — |
| 2015 | 2015-12-31 | −$42.6M | −$19.5M | — | — |
| 2014 | 2014-12-31 | −$23.2M | −$14.6M | — | — |
| 2013 | 2013-12-31 | −$8.5M | −$2.8M | — | — |
| 2012 | 2012-12-31 | −$5.7M | −$3.1M | — | — |
| 2011 | 2011-12-31 | −$2.6M | −$1.4M | — | — |
| 2010 | 2010-12-31 | −$1.3M | — | — | — |
Tonix Pharmaceuticals Holding quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$42.8M | −$27.5M | — | −316.23% |
| Q1 2026 | 2026-03-31 | −$44.0M | −$27.4M | — | −639.87% |
| Q4 2025 | 2025-12-31 | −$41.5M | −$26.9M | — | −770.39% |
| Q3 2025 | 2025-09-30 | −$29.7M | −$10.9M | — | −904.07% |
| Q2 2025 | 2025-06-30 | −$15.4M | −$5.4M | — | −768.77% |
| Q1 2025 | 2025-03-31 | −$16.6M | $1.1M | — | −682.79% |
| Q4 2024 | 2024-12-31 | −$14.6M | $8.1M | — | −566.73% |
| Q3 2024 | 2024-09-30 | −$18.8M | $6.4M | — | −666.55% |
| Q2 2024 | 2024-06-30 | −$9.9M | $15.3M | — | −449.23% |
| Q1 2024 | 2024-03-31 | −$17.7M | $19.0M | — | −712.45% |
| Q4 2023 | 2023-12-31 | −$22.8M | $4.2M | — | — |
| Q3 2023 | 2023-09-30 | −$25.2M | $7.2M | — | −631.69% |
| Q2 2023 | 2023-06-30 | −$25.2M | $10.4M | — | — |
| Q1 2023 | 2023-03-31 | −$36.7M | $14.6M | — | — |
| Q4 2022 | 2022-12-31 | −$27.0M | $21.1M | — | — |
| Q3 2022 | 2022-09-30 | −$32.4M | −$11.7M | — | — |
| Q2 2022 | 2022-06-30 | −$35.6M | −$15.1M | — | — |
| Q1 2022 | 2022-03-31 | −$51.3M | −$29.7M | — | — |
| Q4 2021 | 2021-12-31 | −$48.1M | −$28.8M | — | — |
| Q3 2021 | 2021-09-30 | −$20.7M | −$14.0M | — | — |
| Q2 2021 | 2021-06-30 | −$20.5M | −$13.9M | — | — |
| Q1 2021 | 2021-03-31 | −$21.6M | −$16.8M | — | — |
| Q3 2020 | 2020-09-30 | −$19.3M | −$10.7M | — | — |
| Q4 2019 | 2019-12-31 | −$6.7M | $137,000 | — | — |
| Q3 2019 | 2019-09-30 | −$6.6M | −$1.8M | — | — |
| Q2 2019 | 2019-06-30 | −$4.7M | $771,000 | — | — |
| Q1 2019 | 2019-03-31 | −$8.6M | −$1.9M | — | — |
| Q4 2018 | 2018-12-31 | −$6.8M | −$1.8M | — | — |
| Q3 2018 | 2018-09-30 | −$4.9M | $547,000 | — | — |
| Q2 2018 | 2018-06-30 | −$5.5M | $2.9M | — | — |
| Q1 2018 | 2018-03-31 | −$6.8M | $1.2M | — | — |
| Q3 2017 | 2017-09-30 | −$5.0M | $10.5M | — | — |
| Q4 2016 | 2016-12-31 | −$5.4M | $6.5M | — | — |
| Q3 2016 | 2016-09-30 | −$8.4M | $4.0M | — | — |
| Q2 2016 | 2016-06-30 | −$8.0M | $1.3M | — | — |
| Q1 2016 | 2016-03-31 | −$15.6M | −$6.5M | — | — |
| Q4 2015 | 2015-12-31 | −$12.0M | −$3.6M | — | — |
| Q3 2015 | 2015-09-30 | −$12.4M | −$7.3M | — | — |
| Q2 2015 | 2015-06-30 | −$9.3M | −$3.5M | — | — |
| Q1 2015 | 2015-03-31 | −$9.1M | −$5.0M | — | — |
| Q4 2014 | 2014-12-31 | −$8.3M | −$4.8M | — | — |
| Q3 2014 | 2014-09-30 | −$5.0M | −$2.1M | — | — |
| Q2 2014 | 2014-06-30 | −$5.7M | −$5.0M | — | — |
| Q1 2014 | 2014-03-31 | −$4.1M | −$2.7M | — | — |
| Q4 2013 | 2013-12-31 | −$3.5M | −$2.0M | — | — |
| Q3 2013 | 2013-09-30 | −$2.9M | −$1.6M | — | — |
| Q2 2013 | 2013-06-30 | −$761,429 | $402,198 | — | — |
| Q1 2013 | 2013-03-31 | −$1.4M | $415,985 | — | — |
| Q4 2012 | 2012-12-31 | −$1.5M | −$947,058 | — | — |
| Q3 2012 | 2012-09-30 | −$1.3M | −$1.1M | — | — |
| Q2 2012 | 2012-06-30 | −$1.2M | −$779,914 | — | — |
| Q1 2012 | 2012-03-31 | −$1.8M | — | — | — |
| Q3 2011 · Sep 30 | 2011-09-30 | −$558,509 | — | — | — |
| Q2 2011 | 2011-06-30 | −$231,415 | — | — | — |
| Q1 2011 | 2011-03-31 | −$383,713 | — | — | — |
Tonix Pharmaceuticals Holding free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$57.1M to −$103.2M, a net decrease of $46.1M. Tonix Pharmaceuticals Holding's latest reported quarter, Q2 2026, generated −$42.8M in free cash flow, a decrease of $27.5M 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 Tonix Pharmaceuticals Holding filings at SEC.gov ↗