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  4. ANNEXON INC
Annexon Inc
XNAS: ANNX
3.4M
XNAS Volume

XNAS 05 Oct, 2026 5:30 PM (EDT)

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Annexon Inc quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Annexon Inc quarterly results: revenue, profit, and P&L – 13 quarter history

  • NEUTRAL

    Quarterly Revenue Annexon Inc Jun-2026 Quarterly Revenue is $0 Million which is growth of 0% YoY.

  • NEGATIVE

    Quarterly Net Profit Annexon Inc Jun-2026 Quarterly Net Profit is $-55 Million which is growth of -12.6% YoY.

Annexon Inc, Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
Cost Of Rev.
-------------
Gross Profit
-------------
⌄
57.246.150.35751.757.452.539.433.628.63034.837.7
Operating Profit
-57.2-46.1-50.3-57-51.7-57.4-52.5-39.4-33.6-28.6-30-34.8-37.7
1.91.922.12.63.13.94.643.42.12.32.5
Profit Before Tax
-55.4-44.1-48.3-54.9-49.2-54.4-48.6-34.8-29.6-25.2-27.9-32.5-35.2
Tax
-------------
⌄
-55.4-44.1-46.4-54.9-51-54.4-48.6-34.8-29.6-25.2-27.9-32.5-35.2
Diluted NI Avail to Com Stockholders Ann.
-55.4-44.1-46.4-54.9-51-54.4-48.6-34.8-29.6-25.2-27.9-32.5-35.2
Basic EPS
-0.3-0.2-0.3-0.4-0.3-0.4-0.3-0.3-0.2-0.2-0.4-0.4-0.5
Diluted EPS After ExtraOrdinary
-0.3-0.2-0.3-0.4-0.3-0.4-0.3-0.3-0.2-0.2-0.4-0.4-0.5
Number Of Shares End
201194.2174.9149.1148.3148.1156.8139.9130.1122.778.375.375.2
Net Income Continuing Discontinued Operations
-55.4-44.1-48.3-54.9-49.2-54.4-48.6-34.8-29.6-25.2-27.9-32.5-35.2
Normalized Income
-55.4-44.1-48.3-54.9-49.2-54.4-48.6-34.8-29.6-25.2-27.9-32.5-35.2
Interest Income
1.91.922.12.63.13.94.643.42.12.32.5
Interest
-------------
Net Interest Income
1.91.922.12.63.13.94.643.42.12.32.5
EBIT
-57.2-46.1-50.3-57-51.7-57.4-52.5-39.4-33.6-28.6-30-34.8-37.7
EBITDA
-56.7-45.4-49.7-56.5-51.1-56.9-51.9-38.9-32.9-28-29.5-34.2-37.2
Reconciled Cost Of Rev.
-------------
Reconciled Depr.
0.50.50.50.60.50.50.50.50.50.50.50.50.5
Profit From Continuing Operations
-55.4-44.1-48.3-54.9-49.2-54.4-48.6-34.8-29.6-25.2-27.9-32.5-35.2
Normalized EBITDA
-56.7-45.4-49.7-56.5-51.1-56.9-51.9-38.9-32.9-28-29.5-34.2-37.2
*All financials are in USD Million and price data in USD

Annexon Inc competitor comparison and performance snapshot within industry

Annexon Inc annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • NEUTRAL

    Annual Revenue Annexon Inc Annual Revenue is $0 Million which is growth of 0% YoY.

  • NEGATIVE

    Annual Net Profit Annexon Inc Annual Net Profit is $-207 Million which is growth of -49.6% YoY.

Annexon Inc, Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18
-
-
 
Cost Of Rev. Ann.
-
-
 --------
Gross Profit Ann.
-
-
 --------
Operating Exp. Ann.
14.1%
27.8%
210.6216.4154.1143.7145.6130.763.532.519.2
Operating Profit Ann.
-
-
-210.6-216.4-154.1-143.7-145.6-130.7-63.5-32.5-19.2
37.9%
-
7.99.715.99.53.70.4---
Other Exp. Ann.
-
-
 -----0.1-4.70.8
PBT Ann.
-
-
-202.7-206.7-138.2-134.2-142-130.3-63.4-37.2-18.3
Tax Ann.
-
-
 -----
⌄
-
-
-200.8-206.7-138.2-134.2-142-130.3-70.3-31.5-18.5
Diluted NI Avail to Com Stockholders Ann.
-
-
-200.8-206.7-138.2-134.2-142-130.3-70.3-31.5-18.5
EPS Ann.
-
-
 -1.3-1-1.8-2.6-3.4-4.2-2.8-1.6
Diluted EPS Ann.
-
-
 -1.3-1-1.8-2.6-3.4-4.2-2.8-1.6
Number Of Shares End
34.1%
35.6%
 174.9156.878.372.638.538.213.1-
Total Exp. Ann.
14.1%
27.8%
 216.4154.1143.7145.6130.763.532.519.2
Net Income Continuing Discontinued Operations Ann.
-
-
-202.7-206.7-138.2-134.2-142-130.3-63.4-37.2-18.3
Normalized Income Ann.
-
-
-202.7-206.7-138.2-134.2-142-130.3-63.4-37.2-18.3
Interest Income Ann.
37.9%
-
7.99.715.99.53.70.4---
Interest Ann.
-
-
 --------
EBITDA Ann.
-
-
-208.2-213.8-151.5-141.6-143.5-128.6-62.8-32-18.7
Reconciled Cost Of Rev. Ann.
-
-
 --------
Reconciled Depr. Ann.
1.6%
25.7%
2.22.22.22.22.12.10.70.50.5
Profit From Continuing Operations Ann.
-
-
-202.7-206.7-138.2-134.2-142-130.3-63.4-37.2-18.3
Normalized EBITDA Ann.
-
-
-208.2-213.8-151.5-141.6-143.5-128.6-62.8-32-18.7
*All financials are in USD Million and price data in USD
Operating Exp. Ann.
1Y CHG
40.4%
2Y CAGR
22.7%
3Y CAGR
14.1%
5Y CAGR
27.8%
7Y CAGR
41.3%
Operating Expenses Annual Cr growth is stable compared to historical averages.

Annexon Inc balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • NEGATIVE

    Total Shareholders Fund Annexon Inc Dec-2025 Total Shareholders Fund is $212 Million which is growth of -27.8% YoY.

  • NEGATIVE

    Total Assets Annexon Inc Dec-2025 Total Assets is $278 Million which is growth of -20.7% YoY.

Annexon Inc, Balance Sheet, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18
-0.9%
-4.9%
277.6350.1297.7285.128735649.948.2
⌄
6.9%
41.3%
65.95747.153.955.111.76.410.3
⌄
-2.9%
-9.3%
211.7293.1250.6231.2231.9344.3-100.5-64.2
Total Capitalization Ann.
-2.9%
-9.3%
211.7293.1250.6231.2231.9344.343.537.9
Tangible Assets Ann.
-2.9%
-9.3%
211.7293.1250.6231.2231.9344.343.537.9
Working Capital Ann.
-4%
-10.3%
199.6286245.9225.7226343.440.542.4
Invested Capital Ann.
-2.9%
-9.3%
211.7293.1250.6231.2231.9344.3-100.5-64.2
Tangible Book Value Ann.
-2.9%
-9.3%
211.7293.1250.6231.2231.9344.3-100.5-64.2
Borrowings Ann.
-7.3%
-
26.22931.432.934.6---
Net Debt Ann.
-
-
--------
Share Issued Ann.
46.3%
31.4%
149.4109.478.447.738.638.231.331.3
Number Of Shares End
34.1%
35.6%
174.9156.878.372.638.538.213.1-
*All financials are in USD Million and price data in USD
Total Assets Ann.
1Y CHG
-20.7%
2Y CAGR
-3.4%
3Y CAGR
-0.9%
5Y CAGR
-4.9%
7Y CAGR
28.4%
Total Assets Annual is falling faster than historical averages.
Total Current Liabilities Ann.
1Y CHG
39.7%
2Y CAGR
54.3%
3Y CAGR
23.9%
5Y CAGR
32.1%
7Y CAGR
44.1%
Total Current Liabilities Annual Cr growth is stable compared to historical averages.
Total ShareHolders Funds Ann.
1Y CHG
-27.8%
2Y CAGR
-8.1%
3Y CAGR
-2.9%
5Y CAGR
-9.3%
Total ShareHolders Funds Annual is falling faster than historical averages.

Annexon Inc ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • NEGATIVE

    Book Value Per Share Annexon Inc Book Value Per Share is $1 which is growth of -67.5% YoY.

  • NEUTRAL

    ROE Annexon Inc ROE is 0% which is growth of 0% YoY.

Annexon Inc, Ratios, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18
RoA Ann. %
-
-
--42.67%-46.07%-49.62%-40.54%-34.66%-64.28%-38.38%
ROE Ann. %
-
-
--50.84%-55.73%-61.30%-45.24%-57.69%--
ROIC %
-
-
--15.4-12.8-13.1-13.2-6.5--
OPM Ann. %
-
-
--------
Inventory Turnover Ratio Ann.
-
-
--------
Asset Turnover Ann. %
-
-
--------
Working Capital Turnover Ann.
-
-
Quick Ratio Ann.
-
-
-10.214.510.911.233.18.913.4
Current Ratio Ann.
-
-
-10.414.711.111.433.39.213.7
Interest Coverage Ratio Ann.
-
-
--------
LT Debt To Equity Ann.
-
-
-0.10.10.10.1---
*All financials are in USD Million and price data in USD

Annexon Inc cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • NEGATIVE

    Cash From Operating Activity Annexon Inc Cash From Operating Activity is $-186 Million which is growth of -57.9% YoY.

  • POSITIVE

    Net Cash Flow Annexon Inc Net Cash Flow is $113 Million which is growth of 164.1% YoY.

Annexon Inc, Cash Flow, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18
-
-
-186.4-118-121.1-116.3-106.1-53.1-28.4-17.2
48.2%
-
190.1-218.870.758.4-88.2-83.2-0.3-0
-4%
-21.3%
108.9161.2135.5122.91.8360.928.458.5
Cash Plus Cash Eqv. End Of Year Ann.
4.9%
-9.5%
163.150.5226.1141.176268.643.944.2
Net Increase In Cash Plus Cash Eqv.s Ann.
20.1%
-12.9%
112.6-175.685.165-192.6224.6-0.241.3
Cash Plus Cash Eqv. Begin Of Year Ann.
-12.7%
2.8%
50.5226.1141.176268.643.944.23
Income Tax Paid Supplemental Data Ann.
-
-
5.14.9---
Interest Paid Supplemental Data Ann.
-
-
--------
Capex Ann.
-
-
-0.1-0-0.2-6.5-1.7-0.5-0.3-0
Issuance Of Capital Stock Ann.
-5.7%
-21.6%
109.6161.9135.5130.53693058.3
Issuance Of Debt Ann.
-
-
----0.5--
Repayment Of Debt Ann.
-
-
-----0.5--
Repurchase Of Capital Stock Ann.
-
-
-----5.2--
Free Cash Flow Ann.
-
-
-186.5-118-121.3-122.8-107.8-53.6-28.6-17.2
*All financials are in USD Million and price data in USD
Cash from Investing Act. Ann.
2Y CAGR
64%
3Y CAGR
48.2%
Cash from Investing Activity Annual growth is stable compared to historical averages.
Cash from Financing Act. Ann.
1Y CHG
-32.4%
2Y CAGR
-10.4%
3Y CAGR
-4%
5Y CAGR
-21.3%
7Y CAGR
9.3%
Cash from Financing Annual Activity is falling faster than historical averages.