Insmed Incorporated
Nasdaq 100
Cash Flow
Cash Flow Breakdown
Figures in US$OperatingInvestingFinancing
How to read this: the three bars show where cash moved each year. Operating is cash from the core business (you generally want this positive and growing). Investing is usually negative — money spent on assets or acquisitions. Financing shows money raised from, or returned to, lenders and shareholders. Bars above the line are cash in; bars below are cash out.
Operating Cash Flow vs Capex
Figures in US$Operating Cash FlowCapital Expenditure
How to read this: operating cash flow is the cash the business generated; capital expenditure is what it spent on long-term assets like plant and equipment. The gap between them is roughly free cash flow — the cash left over. A wide gap (operating well above capex) means the business funds its investment comfortably from its own earnings.
| Period | Operating Cash Flow | Investing Cash Flow | Financing Cash Flow | Capital Expenditure |
|---|---|---|---|---|
| FY2014 | $-64.42M | $-5.34M | $115.09M | $5.35M |
| FY2015 | $-100.70M | $-3.45M | $227.80M | $3.45M |
| FY2016 | $-146.71M | $-4.20M | $30.67M | $4.20M |
| FY2017 | $-159.62M | $-3.00M | $381.09M | $3.00M |
| FY2018 | $-257.98M | $-14.81M | $386.74M | $13.09M |
| FY2019 | $-250.65M | $-42.27M | $285.28M | $42.27M |
| FY2020 | $-219.35M | $-6.82M | $271.00M | $6.24M |
| FY2021 | $-363.30M | $-64.29M | $612.55M | $7.29M |
| FY2022 | $-400.44M | $-34.58M | $793.27M | $9.88M |
| FY2023 | $-536.25M | $-223.60M | $168.44M | $13.29M |
| FY2024 | $-683.88M | $-583.18M | $1.34B | $21.92M |
| FY2025 | $-935.01M | $-64.58M | $954.07M | $32.56M |
Figures in USD. Educational data only.
Understanding these terms
Plain-English explanations of each figure in the table above, and what a beginner typically looks at. These are educational descriptions only, not advice.
- Operating Cash Flow
- Cash produced by the company's core operations during the period. The US equivalent of "Cash from Operating Activity".How a beginner reads it: A beginner uses this as a reality check on profit, since it reflects cash actually collected. Healthy, consistent operating cash flow underpins a company's ability to invest and repay debt.
- Investing Cash Flow
- Cash used for or generated by buying and selling long-term assets and investments. The US equivalent of "Cash from Investing Activity".How a beginner reads it: A beginner expects this to be negative for companies investing in growth. Reading it next to operating cash flow shows whether the business funds its investments from its own earnings.
- Financing Cash Flow
- Cash flows with lenders and shareholders — borrowing, repaying, issuing shares, buybacks, and dividends. The US equivalent of "Cash from Financing Activity".How a beginner reads it: A beginner reads this to understand whether the company is taking in money (borrowing/issuing) or paying it out (repaying/dividends), and how that fits the operating picture.
- Capital Expenditure
- Money spent on buying or upgrading long-lived assets like plant, equipment, and buildings. Often shortened to "capex".How a beginner reads it: A beginner reads capex against operating cash flow to see whether a company funds its investment from its own earnings. Operating cash flow minus capex is roughly free cash flow.