Disc Medicine (IRON) Cash Flow: Operating & Free Cash Flow

Disc Medicine Cash Flow Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Cash flow statement showing operating, investing, and financing activities for Disc Medicine, Inc. (IRON) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Mar 2023	Dec 2022	Dec 2021	Dec 2020
Operating Activities
Net Income	-212.18	-109.36	-76.43	-46.83	-46.83	-35.97	-40.84
Depreciation & Amortization	0.28	0.16	0.10	0.09	0.09	0.03	0.32
Stock Based Compensation	34.34	16.82	5.53	2.09	2.09	0.51	0.98
Change in Working Capital	3.53	3.23	-2.95	2.13	2.13	1.29	0.34
Change in Accounts Payable	1.07	-4.68	-3.74	0.53	0.53	1.32	-2.41
Change in Other Working Capital	2.46	7.91	0.29	1.60	0.21	-0.03	2.75
Other Operating Activities	-6.36	-4.77	0.29	0.27	0.21	6.61	6.49
Net Cash from Operating Activities	-180.39	-93.93	-73.46	-42.25	-42.25	-27.53	-32.71
Investing Activities
Capital Expenditures	-0.93	-0.51	-0.09	-0.15	-0.15	-0.07	-0.02
Purchases of Investments	-849.59	-386.63	0.00	0.00	-	0.00	0.00
Sales/Maturities of Investments	456.22	94.80	0.00	0.00	-	0.00	0.00
Net Cash from Investing Activities	-394.30	-292.33	-0.09	-0.15	-0.15	-0.07	-0.02
Financing Activities
Debt Repayment	0.00	28.99	0.00	0.00	-	-4.58	14.00
Common Stock Issued	472.83	187.30	199.08	53.50	53.50	0.00	0.00
Other Financing Activities	0.58	2.02	37.58	95.48	95.26	94.51	20.25
Net Cash from Financing Activities	473.41	218.31	239.38	148.98	148.98	89.93	34.25
Summary
Net Change in Cash	-101.29	-167.94	165.83	106.58	106.58	62.33	1.52
Cash at Beginning of Period	192.67	360.62	194.79	88.21	88.21	25.89	3.31
Cash at End of Period	91.39	192.67	360.62	194.79	194.79	88.21	4.83
Free Cash Flow	-181.33	-94.43	-73.55	-42.40	-42.40	-27.60	-32.73
Supplemental Disclosures
Interest Paid	-	0.20	-	-	-	-	-
Income Taxes Paid	-	0.30	0.11	-	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Disc Medicine Cash Flow

What is Disc Medicine's free cash flow?

Disc Medicine had negative free cash flow of $181.33M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of −$180.39M minus $933.00K of capital expenditures.

How much does Disc Medicine spend on capital expenditures?

Disc Medicine spent $933.00K on capital expenditures in fiscal 2025, compared with $505.00K a year earlier.

Does Disc Medicine pay dividends or buy back shares?

Disc Medicine's cash flow statement for fiscal 2025 shows no dividend payments or share repurchases.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition