What is Annexon's capex?

Annexon (ANNX) reported capex of $0 in Q1 2026.

How has Annexon's capex changed year-over-year?

Annexon's capex decreased by 100.0% year-over-year, from $74K to $0.

What is the long-term trend for Annexon's capex?

Over 3 years (2021 to 2025), Annexon's capex has grown at a -56.4% compound annual growth rate (CAGR), from $1.65M to $137K.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Annexon ANNX CapEx

CapEx at other companies

Regeneron PharmaceuticalsREGN

$230.6M+0.6%

Dianthus TherapeuticsDNTH

$10K-58.3%

OmerosOMER

$0-100%

Vor BiopharmaVOR

$48K-79.2%

Cullinan Therapeutics, Inc.CGEM

$11K—

Nektar TherapeuticsNKTR

$18K+800%

Other financials

Income statement

See full

Operating income-$46.1M+19.8%

Net income-$44.1M+18.8%

EPS (diluted)-$0.23+37.8%

Balance sheet

See full

Cash & equivalents$175.2M+80.4%

Total debt$25.4M-10.2%

Total equity$204.5M-16.1%

Total assets$262.9M-13.2%

Cash flow

See full

Operating cash flow-$46.8M+6.5%

Free cash flow-$46.8M+6.6%

Valuation

See full

Market cap$868.37M+233%

Enterprise value$718.59M+274%

Returns & leverage

See full

Return on equity-87.6%+42.3pp

Debt / equity0.1×0.0×

Current ratio6.4×-1.6×

Where this comes from

Reported directly by Annexon in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Annexon’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Annexon's capex?: Annexon (ANNX) reported capex of $0 in Q1 2026.
How has Annexon's capex changed year-over-year?: Annexon's capex decreased by 100.0% year-over-year, from $74K to $0.
What is the long-term trend for Annexon's capex?: Over 3 years (2021 to 2025), Annexon's capex has grown at a -56.4% compound annual growth rate (CAGR), from $1.65M to $137K.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.