How much cash does Annexon generate?

Annexon (ANNX) generated -$183.1M in operating cash flow over the trailing twelve months.

What is Annexon's free cash flow?

After $63.0K of capital expenditures, Annexon's free cash flow was -$183.2M over the trailing twelve months, down 32.8% year over year.

Where does Annexon's cash flow data come from?

Every line is extracted from Annexon's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Annexon ANNX Cash Flow Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Net income	-$44.14M+8.5%	-$48.26M+12.1%	-$54.92M-11.7%	-$49.16M+9.6%	-$54.36M-11.9%
Depreciation and amortization	$539K-0.7%	$543K-0.5%	$546K+1.1%	$540K+0.6%	$537K0.0%
Stock-based compensation	$4.16M+25.7%	$3.31M-13.8%	$3.84M-8.8%	$4.21M-17.2%	$5.08M-2.8%
Change in accounts payable	$2.15M—	——	$6.67M+494%	$1.12M+3,719%	-$31K-101%
Change in accrued liabilities	-$9.4M-518%	$2.25M—	——	$5.92M+102%	$2.93M-56.4%
Change in other assets	-$275K—	——	$3.28M—	——	$2.03M—
Non-cash operating lease expense	$418K+4.0%	$402K+3.9%	$387K+4.0%	$372K+3.6%	$359K+4.1%
Net cash from operating activities	-$46.8M-1.9%	-$45.93M+12.2%	-$52.3M-37.4%	-$38.07M+23.9%	-$50.06M-39.0%
Capital expenditures	$0—	$0-100%	$48K+220%	$15K-79.7%	$74K+1,133%
Purchases of investments	$5.94M-90.9%	$65.02M+144%	$26.68M-54.5%	$58.7M-5.0%	$61.81M-64.1%
Proceeds from maturities/sales of investments	$33M-14.3%	$38.5M-47.0%	$72.6M-44.9%	$131.8M-17.4%	$159.5M-7.8%
Net cash from investing activities	$27.06M—	——	$45.87M-37.2%	$73.08M-25.1%	$97.62M—
Proceeds from issuance of common stock	$33.6M+135%	$14.3M+1.2%	$14.13M+22,685%	$62K—	$0-100%
Payment of debt issuance costs	$936K-2.4%	$959K+52.7%	$628K+2,066%	$29K+867%	$3K-97.7%
Net cash from financing activities	$32.9M-65.4%	$95.08M+601%	$13.56M+8,765%	$153K+159%	$59K-98.8%
Effect of exchange rate changes on cash	$1K—	——	——	$2K—	$0+100%
Net increase (decrease) in cash	$13.16M-41.9%	$22.63M+217%	$7.13M-79.7%	$35.16M-26.2%	$47.62M+259%
Accretion (Amortization) of Discounts and Premiums, Investments	$632K+49.1%	$424K-10.7%	$475K-62.2%	$1.26M-32.1%	$1.85M-38.8%
Increase Decrease In Operating Lease Liabilities	-$767K-4.1%	-$737K-6.5%	-$692K-2.1%	-$678K-2.1%	-$664K-4.6%
Increase (Decrease) in Prepaid Expense and Other Assets	-$605K-137%	-$255K—	——	-$863K-4,023%	$22K-91.8%
Operating lease right-of-use asset amortization	$418K+4.0%	$402K+3.9%	$387K+4.0%	$372K+3.6%	$359K+4.1%
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale	$33M-14.3%	$38.5M-47.0%	$72.6M-44.9%	$131.8M-17.4%	$159.5M-7.8%
Payments Of Stock Issuance Costs	——	——	——	——	——
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction	$423K—	——	——	——	$30K—
Deferred Offering Costs Included In Other Non Current Assets	$445K—	——	——	——	$81K+3,950%
Leased assets obtained in exchange for operating lease liabilities	——	——	——	——	——
Cash Paid For Amounts Included In The Measurement Of Lease Liability	$1.3M-48.8%	$2.55M—	$0-100%	$1.26M0.0%	$1.26M+1.2%
Free cash flow	-$46.8M-1.9%	-$45.93M+12.3%	-$52.35M-37.5%	-$38.09M+24.0%	-$50.13M-39.2%
Free cash flow	-$46.8M-1.9%	-$45.93M+12.3%	-$52.35M-37.5%	-$38.09M+24.0%	-$50.13M-39.2%

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Questions, answered.

How much cash does Annexon generate?: Annexon (ANNX) generated -$183.1M in operating cash flow over the trailing twelve months.
What is Annexon's free cash flow?: After $63.0K of capital expenditures, Annexon's free cash flow was -$183.2M over the trailing twelve months, down 32.8% year over year.
Where does Annexon's cash flow data come from?: Every line is extracted from Annexon's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.