Biohaven Ltd. (BHVN) quarterly cash flow statement — complete operating, investing & financing history
Biohaven Ltd. (BHVN) cash flow statement — 7-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | -106.85M | -85.1M | -149.92M | -130.66M | -145.72M | -167.94M | -165.12M | -170.74M | -141.28M | -167.8M | -102.64M | -114.88M | -94.81M | -44.39M | -77.64M | -75.41M | -95.56M | -67.89M | -58.84M | -33.06M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | 26.67% | 49.33% | 9.21% | 23.47% | -3.14% | -0.08% | -60.88% | -48.63% | -49% | -277.98% | -32.2% | -52.35% | 0.78% | 34.61% | -31.96% | -128.12% | -118.52% | -96.62% | -70.41% | 93.46% |
| Net Income | -129.28M | -137.31M | -130.53M | -145.56M | -173.44M | -198.15M | -221.68M | -186.84M | -160.3M | -319.77M | -179.5M | -144.76M | -102.57M | -90.35M | -70.49M | -201.11M | -68.85M | -203.29M | -97.03M | -51.89M |
| Depreciation & Amortization | 2.22M | 2.26M | 2.37M | 2.57M | 3.13M | 1.98M | 2.25M | 2.46M | 1.99M | 1.95M | 941K | 948K | 1.54M | 1.83M | 1.65M | 344K | 377K | 415K | 250K | 685K |
| Stock-Based Compensation | 18.62M | 19.16M | 28.29M | 16.95M | 21.54M | 20.81M | 53.06M | 12.69M | 12.16M | 12.23M | 34.88M | 0 | 4.46M | 4.7M | 3.77M | 115.63M | 0 | 20.81M | 40.12M | 12.97M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 4.4M | 14.12M | 3.03M | 5.19M | 6.08M | -11.14M | 5.61M | 6.96M | -15.64M | 161.1M | 50.31M | 37.64M | -1.01M | -1.94M | -1.75M | 10.73M | 17M | 94M | 1.53M | -1.46M |
| Working Capital Changes | -2.82M | 16.67M | -53.07M | -9.82M | -3.01M | 18.56M | -4.37M | -6.01M | 20.52M | -23.31M | 25.62M | -8.72M | 2.78M | 41.36M | -10.81M | -999K | -44.08M | 20.18M | -3.7M | 6.63M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 1.42M | 1.69M | -1.22M | -5.85M | -2.14M | 1.51M | 91K | -1.72M | 2.48M | -19.13M | 19.07M | 0 | -2.52M | -2.42M | 3.75M | 0 | 0 | -325K | 1.93M | -2.48M |
| Cash from Investing | -35.33M | 44.82M | 15.21M | -13.74M | 164.97M | -15.55M | 164.88M | -87.68M | -93.4M | -97.93M | 34.03M | -3.91M | 58.55M | 76.25M | -1.06M | -264.02M | -4.52M | -36M | -246K | -201K |
| Capital Expenditures | -180K | -454K | 0 | -8K | -13K | -233K | -461K | -49K | -611K | -2.95M | -440K | -470K | -1.25M | -595K | -735K | -300K | -4.52M | -1M | -246K | -201K |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -76.85K | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | -20K | -1.83M | 0 | 0 | 0 | 0 | 391K | 0 | 0 | 76.85K | 0 | -4M | 0 | -35M | 0 | 0 |
| Cash from Financing | 211K | 3.8M | 179.02M | 188.8M | 122K | 249.83M | 369K | 272.85M | 80.38M | 321.12M | 3.42M | 210.05M | -39.66M | -20.34M | 26.67M | 530.18M | 127.54M | 86.84M | 23.03M | -252.38M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 449.13M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 211K | 3.8M | 179.02M | 188.99M | 0 | 1.08M | 369K | 271.28M | 76.36M | 0 | 2.2M | 247.12M | 0 | 0 | 0 | 45.39M | 127.54M | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | -194K | 122K | 248.75M | 0 | 1.57M | 4.01M | 321.12M | 1.22M | -37.07M | -39.66M | -20.34M | 26.67M | 35.66M | 0 | 86.84M | 23.03M | -252.38M |
| Net Change in Cash | -141.97M | -36.48M | 44.33M | 44.4M | 19.39M | 66.31M | 147K | 14.52M | -154.3M | 55.39M | -65.21M | 126.11M | -75.96M | 11.36M | -52.01M | 189.54M | 27.46M | -17.05M | -36.05M | -285.64M |
| Free Cash Flow | -107.03M | -85.55M | -149.92M | -130.67M | -145.73M | -168.17M | -165.59M | -170.79M | -141.89M | -170.75M | -103.08M | -115.35M | -96.06M | -44.99M | -78.37M | -75.71M | -100.08M | -103.89M | -59.08M | -33.26M |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | 26.55% | 49.13% | 9.46% | 23.49% | -2.71% | 1.51% | -60.64% | -48.06% | -47.71% | -279.54% | -31.52% | -52.36% | 4.02% | 56.7% | -32.65% | -127.64% | -128.7% | -197.85% | -69.39% | 93.42% |
| FCF per Share | -0.71 | -0.57 | -1.02 | -1.09 | -1.38 | -1.64 | -1.62 | -1.69 | -1.50 | -1.95 | -1.26 | -1.44 | -1.41 | -0.66 | -1.15 | -1.24 | -2.54 | -2.90 | -1.65 | -0.93 |
| FCF Conversion (FCF/Net Income) | 0.83x | 0.62x | 1.15x | 0.90x | 0.84x | 0.85x | 0.74x | 0.91x | 0.88x | 0.52x | 0.57x | 0.79x | 0.92x | 0.49x | 1.10x | 0.37x | 1.39x | 0.33x | 0.61x | 0.64x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |