Annexon (ANNX) Free Cash Flow (2019 - 2026)

Annexon (ANNX) posted quarterly Free Cash Flow of -$46.5 million for Q1 2026, up 7.2% year-over-year from -$43.4 million in Q1 2025, and up 8.96% quarter-over-quarter from -$51.1 million in Q4 2025.

Annexon (ANNX) Free Cash Flow (2019 - 2026) Analysis & Trends

Annexon's Free Cash Flow history runs 8 years deep, the most recent figure standing at -$46.5 million for Q1 2026.

  • In Q1 2026, Free Cash Flow rose 7.2% year-over-year to -$46.5 million; the TTM figure through Mar 2026 stood at -$188.1 million (down 34.45% YoY), while the FY2025 annual figure was -$191.7 million, down 62.4% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$46.5 million, up from -$51.1 million in the prior quarter.
  • The five-year high for Free Cash Flow was -$21.7 million in Q2 2024, with the low at -$52.4 million in Q3 2025.
  • The 5-year median for Free Cash Flow is -$33.0 million (2023), against an average of -$35.0 million.
  • The sharpest annual moves came in 2024 and 2025: Free Cash Flow jumped 40.59% in 2024, then sank 75.44% in 2025.
  • Annexon's Free Cash Flow stood at -$27.1 million in 2022, then grew by 13.44% to -$23.5 million in 2023, then plunged by 53.39% to -$36.0 million in 2024, then slumped by 41.86% to -$51.1 million in 2025, then advanced by 8.96% to -$46.5 million in 2026.
  • Business Quant data shows ANNX's Free Cash Flow at -$46.5 million in Q1 2026, -$51.1 million in Q4 2025, and -$52.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 1.01 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 572.80 Mn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn -
4 Revolution Medicines 43.64 Bn 43.64 Bn - -389.61 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 437.80 Mn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -2.33 Mn
7 Royalty Pharma 33.72 Bn 35.84 Bn - 477.44 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 292.04 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -95.09 Mn
10 Annexon 1.00 Bn 1.00 Bn - -48.01 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -48.01 Mn
Jun 30, 2026 -48.01 Mn
Mar 31, 2026 -46.52 Mn
Mar 31, 2026 -46.52 Mn
Dec 31, 2025 -51.10 Mn
Dec 31, 2025 -51.10 Mn
Sep 30, 2025 -52.35 Mn
Sep 30, 2025 -52.35 Mn
Jun 30, 2025 -38.09 Mn
Jun 30, 2025 -38.09 Mn
Mar 31, 2025 -50.13 Mn
Mar 31, 2025 -50.13 Mn
Dec 31, 2024 -36.02 Mn
Dec 31, 2024 -36.02 Mn
Sep 30, 2024 -32.02 Mn
Sep 30, 2024 -32.02 Mn
Jun 30, 2024 -21.71 Mn
Jun 30, 2024 -21.71 Mn
Mar 31, 2024 -28.63 Mn
Mar 31, 2024 -28.63 Mn