EBR Systems, Inc.

EBRCZOTCHealthcare● Active

$0.35

$-0.00(-0.03%)

Market Cap$262314315

P/E Ratio—

52W High$1.5

52W Low$0.30443

Avg Volume5K

Open$0.35

Beta-0.01

Free Cash Flow Financials Revenue

EBR Systems, Inc. (EBRCZ) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

EBRCZ · free cash flow · updated Jun 9, 2026

Core FCF metrics

EBRCZ · FCF · TTM · margin & CAGR

Free cash flow was −$56.9M for FY2025 (fiscal year ending 2025-12-31), down 37.0% year-over-year

FY2025 Free Cash Flow−$56.9M▼ -37.0% YoY

Trailing 12M (TTM)$25.90BTrailing 4Q sum · TTM positive vs latest FY negative

FCF Margin< −999%−$56.9M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

EBRCZ · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$53.2M(4M)−$56.9M▼ 37.0%—

FY2024−$41.2M(0M)−$41.5M▼ 25.6%—

FY2023−$32.7M(0M)−$33.1M▼ 6.3%—

FY2022−$30.4M(1M)−$31.1M▼ 3227.7%—

FY2021−$22,149.394(1M)−$934,158.394▼ 5144.4%—

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

EBRCZ · P/FCF · FCF yield · FCF per share

EBR Systems, Inc. (EBRCZ) trades at a FCF yield of -55.52% and a price-to-free-cash-flow ratio of 0.0x. FCF per share stands at $62.05, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

-55.52%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$62.05

TTM FCF ÷ Shares Outstanding

Price / FCF

x0.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x-2.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

EBRCZ · cash flow statement · operating / investing / financing

For FY2025, EBR Systems, Inc. generated −$53.2M in operating cash flow and spent 4M in capital expenditures, yielding −$56.9M in free cash flow.

Operating Activities

−$53.2M

Cash from core business operations

2025-12-31

Investing Activities

+$7.8M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$46.8M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$53.2M) − |CapEx| (4M) = FCF (−$56.9M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Healthcare)

EBRCZ vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

EBR Systems, Inc.YOU

EBRCZ

−$56.9M-37.0%-3517.3%

Loss

UnitedHealth Group Incorporated

UNH

$16.07B-22.4%3.6%

82%

Eli Lilly and Company

LLY

$8.97B+2065.6%13.8%

46%

Healthcare · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

EBR Systems, Inc. (EBRCZ) reported free cash flow of −$56.9M for FY2025 (fiscal year ending 2025-12-31), down 37.0% year-over-year.

EBR Systems, Inc. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 7 fiscal years.

EBR Systems, Inc.'s FCF yield is -55.52% and price-to-FCF ratio is 0.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

EBRCZ free cash flow · 8 questions

EBR Systems, Inc. free cash flow was −$56.9M for FY2025, down 37.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $25.90B.

EBRCZ free cash flowEBRCZ FCFEBRCZ FCF 2025EBRCZ free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · EBR Systems, Inc. · EBR Systems, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026