FREYR Battery

FREYNYSEIndustrials

$1.53

$-0.04(-2.55%)

Market Cap$241819551

P/E Ratio—

52W High$3.36

52W Low$0.9104

Avg Volume2.5M

Open$1.55

Beta1.03

Free Cash Flow Financials Revenue

FREYR Battery (FREY) Free Cash Flow & Analysis

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

FREY · free cash flow · updated Jun 9, 2026

Core FCF metrics

FREY · FCF · TTM · margin & CAGR

Free cash flow was $16.7M for FY2025 (fiscal year ending 2025-12-31), up 110.8% year-over-year The FCF margin was 9.9%.

FY2025 Free Cash Flow$16.7M▲ +110.8% YoY

Trailing 12M (TTM)−$43.0MTrailing 4Q sum · TTM negative vs latest FY positive

FCF Margin9.9%$16.7M ÷ 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

FREY · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$95.5M(79M)$16.7M▲ +110.8%9.9%

FY2024−$102.8M(51M)−$153.6M▲ +44.3%—

FY2023−$87.9M(188M)−$275.8M▼ 1.8%—

FY2022−$90.0M(181M)−$270.8M▼ 252.1%—

FY2021−$63.1M(14M)−$76.9M▼ 938.4%—

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

FCF valuation metrics

FREY · P/FCF · FCF yield · FCF per share

FREYR Battery (FREY) valuation ratios are currently unavailable — market cap, share count, or TTM data could not be retrieved from our data provider.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

Valuation ratios are unavailable — market cap, share count, or TTM data could not be retrieved. Individual metrics are shown where available.

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

Cash flow statement summary

FREY · cash flow statement · operating / investing / financing

For FY2025, FREYR Battery generated $95.5M in operating cash flow and spent 79M in capital expenditures, yielding $16.7M in free cash flow.

Operating Activities

+$95.5M

Cash from core business operations

2025-12-31

Investing Activities

−$32.6M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$129.9M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($95.5M) − |CapEx| (79M) = FCF ($16.7M)

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

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

FREY vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

FREYR BatteryYOU

FREY

$16.7M+110.8%9.9%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

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

About Free Cash Flow & Methodology

FREYR Battery (FREY) reported free cash flow of $16.7M for FY2025 (fiscal year ending 2025-12-31), up 110.8% year-over-year. The FCF margin was 9.9%.

Based on available data, FREYR Battery has maintained positive free cash flow for at least 1 fiscal year(s). FCF peaked at $16.7M in FY2025.

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

FREY free cash flow · 8 questions

FREYR Battery free cash flow was $16.7M for FY2025, up 110.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$43.0M.

FREY free cash flowFREY FCFFREY FCF 2025FREY free cash flow TTM

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