How much cash does Biohaven generate?

Biohaven (BHVN) generated -$594.2M in operating cash flow over the trailing twelve months.

What is Biohaven's free cash flow?

After $254.0K of capital expenditures, Biohaven's free cash flow was -$594.5M over the trailing twelve months, up 8.4% year over year.

Where does Biohaven's cash flow data come from?

Every line is extracted from Biohaven's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Biohaven BHVN Cash Flow Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Net income	-$647.68M+12.3%	-$738.82M+5.3%	-$780.11M-1.7%	-$766.97M+13.7%	-$888.6M-5.0%
Depreciation and amortization	$10.04M+1.2%	$9.92M+1.1%	$9.81M+13.0%	$8.68M+0.3%	$8.66M+10.2%
Stock-based compensation	$87.59M-22.1%	$112.36M+3.9%	$108.1M+9.5%	$98.73M+9.5%	$90.15M+25.3%
Change in accounts payable	-$7.7M-20.5%	-$6.39M—	——	——	——
Change in accrued liabilities	——	——	——	——	——
Change in other assets	-$23.33M-561%	-$3.53M-15.8%	-$3.05M+68.7%	-$9.75M-185%	-$3.43M+57.4%
Other working capital changes	-$2.18M-1,153%	-$174K-102%	$10.36M-19.2%	$12.82M-5.0%	$13.49M+15.3%
Net cash from operating activities	-$594.23M+2.5%	-$609.44M+6.2%	-$649.52M-0.7%	-$645.08M0.0%	-$644.94M-10.7%
Capital expenditures	$254K-64.5%	$715K-5.4%	$756K-44.2%	$1.35M-66.7%	$4.07M+0.5%
Purchases of investments	$242M-9.3%	$266.88M-41.7%	$457.77M-32.7%	$680.56M-8.4%	$743.26M-0.3%
Proceeds from maturities/sales of investments	-$175M—	$0-100%	$182.64M+936%	$17.64M+117%	-$102.36M+55.7%
Net cash from investing activities	——	——	——	——	-$114.13M+53.4%
Proceeds from issuance of common stock	$368.06M+94.6%	$189.18M-30.3%	$271.28M-22.0%	$347.65M-47.6%	$663.96M-0.3%
Other financing activities	-$194K0.0%	-$194K—	——	——	——
Net cash from financing activities	$617.76M+40.7%	$439.12M-16.1%	$523.17M-13.3%	$603.43M-10.6%	$674.72M-0.5%
Effect of exchange rate changes on cash	——	——	——	$71K-31.7%	$104K+38.7%
Net increase (decrease) in cash	$174.42M+33.9%	$130.24M—	——	——	——
Interest paid	——	$216K+11.8%	$193.25K+13.3%	$170.5K+15.4%	$147.75K+18.2%
Change in Fair Value of Derivative Liabilities	——	——	——	——	$9.75M-45.3%
Change in fair value of notes payable	——	——	-$12.39M-941%	-$1.19M—	——
Accrued expenses and other liabilities	——	——	——	——	——
Increase (Decrease) in Prepaid Expense and Other Assets	-$23.33M-561%	-$3.53M-15.8%	-$3.05M+68.7%	-$9.75M-185%	-$3.43M+57.4%
Obligation to issue common shares as payment for license agreements and other arrangements	——	$0-100%	$2.14M-50.0%	$4.28M-33.3%	$6.42M-25.0%
Other Noncash Income (Expense)	-$2.18M-1,153%	-$174K-102%	$10.36M-19.2%	$12.82M-5.0%	$13.49M+15.3%
Issuance of common shares as payment under license and other agreements	——	——	——	——	$70.83M-1.1%
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale	$395M-30.7%	$570M-17.0%	$687M+5.4%	$652M+3.0%	$633.2M+25.5%
Issuance of stock under employee stock plans	——	——	——	——	$8.99M-21.8%
Other, net	-$194K0.0%	-$194K—	——	——	——
Free cash flow	-$594.49M+2.6%	-$610.15M+6.2%	-$650.27M-0.6%	-$646.43M+0.4%	-$649.01M-10.7%
Free cash flow	-$594.49M+2.6%	-$610.15M+6.2%	-$650.27M-0.6%	-$646.43M+0.4%	-$649.01M-10.7%

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Questions, answered.

How much cash does Biohaven generate?: Biohaven (BHVN) generated -$594.2M in operating cash flow over the trailing twelve months.
What is Biohaven's free cash flow?: After $254.0K of capital expenditures, Biohaven's free cash flow was -$594.5M over the trailing twelve months, up 8.4% year over year.
Where does Biohaven's cash flow data come from?: Every line is extracted from Biohaven's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.