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Annexon ANNX Q3 2025 earnings

Reported November 10, 2025 · Before market open

EPS-$0.37Miss by $0.03
EPS estimate-$0.34

Next report

Aug 13, 2026 (In 2 weeks)
Revenue estimate$6.5M
EPS estimate-$0.23

Financials

Q3 2025

Income statement

See full
Operating income-$57.0M-44.6%
Net income-$54.9M-57.7%
EPS (diluted)-$0.37-48.0%

Balance sheet

See full
Cash & equivalents$139.4M+75.3%
Total debt$26.9M-9.0%
Total equity$161.4M-51.3%
Total assets$229.1M-39.5%

Cash flow

See full
Operating cash flow-$52.3M-63.4%
CapEx$48.0K—
Free cash flow-$52.4M—

Valuation & ratios

Valuation

as of 09/30/25
See full
Market cap$335.15M-46.4%
Enterprise value$222.67M-61.3%

Returns & leverage

See full
Return on equity-84%+246pp
Debt / equity0.2×+0.1×
Current ratio4.4×-12.8×

Versus estimates

Diluted EPS

Q1 2026-$0.23Beat by $0.07Q4 2025-$0.28Beat by $0.04
Q3 2025-$0.37Miss by $0.03
Q2 2025-$0.34Beat by $0.02Q1 2025-$0.37Miss by $0.07Q4 2024-$0.33Miss by $0.05

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Questions, answered.

When did Annexon report Q3 2025 earnings?
Annexon (ANNX) reported Q3 2025 earnings on November 10, 2025 before market open.
What were Annexon's Q3 2025 revenue and EPS?
Annexon reported eps of $-0.37 for Q3 2025.
Did Annexon beat estimates in Q3 2025?
EPS missed the consensus estimate of $-0.34 by $0.03.
How did Annexon's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, eps declined 48.0% from $-0.25.
Where can I find Annexon's Q3 2025 SEC filings?
You can read the 8-K earnings release (0001193125-25-274220) and the 10-Q periodic report (0001193125-25-274240) directly on SEC EDGAR. The filing index links above go to sec.gov.