Vanda Pharmaceuticals annual free cash flow
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2025
Vanda Pharmaceuticals Free Cash Flow (FCF) History (VNDA)
Vanda Pharmaceuticals reported −$110.4M in free cash flow for fiscal 2025, a decrease of $94.2M from the previous fiscal year, with a free cash flow margin of −51.10%.
View full Vanda Pharmaceuticals company overviewVanda Pharmaceuticals free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$110.4M | −$94.2M | — | −51.10% |
| 2024 | 2024-12-31 | −$16.2M | −$28.7M | — | −8.17% |
| 2023 | 2023-12-31 | $12.4M | −$18.9M | −60.33% | +6.45% |
| 2022 | 2022-12-31 | $31.3M | −$32.4M | −50.83% | +12.31% |
| 2021 | 2021-12-31 | $63.7M | $13.7M | +27.37% | +23.69% |
| 2020 | 2020-12-31 | $50.0M | $5.1M | +11.24% | +20.14% |
| 2019 | 2019-12-31 | $44.9M | $15.3M | +51.69% | +19.78% |
| 2018 | 2018-12-31 | $29.6M | $33.3M | — | +15.34% |
| 2017 | 2017-12-31 | −$3.6M | $5.9M | — | −2.21% |
| 2016 | 2016-12-31 | −$9.5M | −$19.4M | — | −6.51% |
| 2015 | 2015-12-31 | $9.9M | $92.2M | — | +9.03% |
| 2014 | 2014-12-31 | −$82.3M | −$42.6M | — | −164.13% |
| 2013 | 2013-12-31 | −$39.8M | $7.2M | — | −117.38% |
| 2012 | 2012-12-31 | −$46.9M | −$18.2M | — | −143.41% |
| 2011 | 2011-12-31 | −$28.7M | — | — | −91.73% |
Vanda Pharmaceuticals quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$31.3M | −$15.7M | — | −61.87% |
| Q1 2026 | 2026-03-31 | −$50.4M | −$16.9M | — | −97.53% |
| Q4 2025 | 2025-12-31 | −$29.5M | −$27.5M | — | −51.59% |
| Q3 2025 | 2025-09-30 | −$31.8M | −$17.0M | — | −56.50% |
| Q2 2025 | 2025-06-30 | −$15.6M | −$8.5M | — | −29.57% |
| Q1 2025 | 2025-03-31 | −$33.6M | −$41.1M | — | −67.11% |
| Q4 2024 | 2024-12-31 | −$2.0M | $2.0M | — | −3.82% |
| Q3 2024 | 2024-09-30 | −$14.7M | −$12.7M | — | −30.94% |
| Q2 2024 | 2024-06-30 | −$7.0M | $6.2M | — | −13.94% |
| Q1 2024 | 2024-03-31 | $7.6M | −$24.2M | −76.18% | +15.93% |
| Q4 2023 | 2023-12-31 | −$4.0M | −$13.1M | — | −8.80% |
| Q3 2023 | 2023-09-30 | −$2.1M | −$14.8M | — | −5.34% |
| Q2 2023 | 2023-06-30 | −$13.3M | −$18.8M | — | −28.82% |
| Q1 2023 | 2023-03-31 | $31.8M | $27.8M | +699.60% | +50.80% |
| Q4 2022 | 2022-12-31 | $9.2M | −$17.3M | −65.43% | +14.19% |
| Q3 2022 | 2022-09-30 | $12.7M | $3.3M | +35.18% | +19.43% |
| Q2 2022 | 2022-06-30 | $5.5M | −$13.2M | −70.66% | +8.53% |
| Q1 2022 | 2022-03-31 | $4.0M | −$5.1M | −56.18% | +6.60% |
| Q4 2021 | 2021-12-31 | $26.5M | $8.1M | +44.38% | +38.92% |
| Q3 2021 | 2021-09-30 | $9.4M | $259,000 | +2.84% | +13.39% |
| Q2 2021 | 2021-06-30 | $18.7M | −$5.1M | −21.34% | +27.57% |
| Q1 2021 | 2021-03-31 | $9.1M | $10.3M | — | +14.46% |
| Q4 2020 | 2020-12-31 | $18.3M | $8.6M | +88.58% | +27.10% |
| Q3 2020 | 2020-09-30 | $9.1M | $3.4M | +60.03% | +15.14% |
| Q2 2020 | 2020-06-30 | $23.8M | $3.5M | +17.51% | +38.25% |
| Q1 2020 | 2020-03-31 | −$1.3M | −$10.5M | — | −2.21% |
| Q4 2019 | 2019-12-31 | $9.7M | −$5.5M | −36.20% | +15.96% |
| Q3 2019 | 2019-09-30 | $5.7M | −$2.9M | −33.35% | +9.59% |
| Q2 2019 | 2019-06-30 | $20.3M | $15.9M | +369.21% | +34.29% |
| Q1 2019 | 2019-03-31 | $9.3M | $7.7M | +515.44% | +19.39% |
| Q4 2018 | 2018-12-31 | $15.2M | $12.0M | +365.37% | +28.73% |
| Q3 2018 | 2018-09-30 | $8.6M | $6.8M | +376.24% | +17.42% |
| Q2 2018 | 2018-06-30 | $4.3M | $7.2M | — | +9.12% |
| Q1 2018 | 2018-03-31 | $1.5M | $7.3M | — | +3.45% |
| Q4 2017 | 2017-12-31 | $3.3M | $2.6M | +410.12% | +7.40% |
| Q3 2017 | 2017-09-30 | $1.8M | $2.9M | — | +4.35% |
| Q2 2017 | 2017-06-30 | −$2.9M | $2.8M | — | −6.86% |
| Q1 2017 | 2017-03-31 | −$5.8M | −$17.8M | — | −15.60% |
| Q3 2016 | 2016-09-30 | $642,000 | −$4.1M | −86.55% | +1.67% |
| Q4 2015 | 2015-12-31 | −$1.1M | $12.7M | — | −3.36% |
| Q3 2015 | 2015-09-30 | −$5.7M | $1.9M | — | −20.20% |
| Q2 2015 | 2015-06-30 | $11.9M | $48.9M | — | +43.31% |
| Q1 2015 | 2015-03-31 | $4.8M | $28.8M | — | +21.54% |
| Q4 2014 | 2014-12-31 | −$13.7M | −$1.5M | — | −89.29% |
| Q3 2014 | 2014-09-30 | −$7.7M | $2.6M | — | −51.77% |
| Q2 2014 | 2014-06-30 | −$36.9M | −$28.8M | — | −339.79% |
| Q1 2014 | 2014-03-31 | −$24.0M | −$14.9M | — | −262.92% |
| Q4 2013 | 2013-12-31 | −$12.3M | $1.6M | — | −139.47% |
| Q3 2013 | 2013-09-30 | −$10.3M | −$97,000 | — | −118.02% |
| Q2 2013 | 2013-06-30 | −$8.1M | $4.3M | — | −97.27% |
| Q1 2013 | 2013-03-31 | −$9.1M | $1.4M | — | −113.39% |
| Q4 2012 | 2012-12-31 | −$13.9M | −$6.7M | — | −174.95% |
| Q3 2012 | 2012-09-30 | −$10.2M | — | — | −122.84% |
| Q2 2012 | 2012-06-30 | −$12.4M | — | — | −147.55% |
| Q1 2012 | 2012-03-31 | −$10.5M | — | — | −129.41% |
| Q3 2011 | 2011-09-30 | −$7.2M | — | — | −90.40% |
Vanda Pharmaceuticals free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $50.0M to −$110.4M, a net decrease of $160.4M. Vanda Pharmaceuticals's latest reported quarter, Q2 2026, generated −$31.3M in free cash flow, a decrease of $15.7M 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 Vanda Pharmaceuticals filings at SEC.gov ↗