Annexon, Inc. (ANNX) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -46.8M | -45.93M | -52.3M | -38.07M | -50.05M | -36.02M | -32.02M | -21.71M | -28.27M | -23.48M | -28.29M | -36.38M | -32.99M | -27.14M | -30.72M | -28.16M | -30.29M | -28.32M | -29.71M | -24.66M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | 6.51% | -27.52% | -63.37% | -75.37% | -77.08% | -53.41% | -13.16% | 40.33% | 14.32% | 13.49% | 7.9% | -29.18% | -8.93% | 4.17% | -3.38% | -14.22% | -29.22% | -47.08% | -118.75% | -140.66% |
| Net Income | -44.14M | -48.26M | -54.92M | -49.16M | -54.36M | -48.59M | -34.82M | -29.61M | -25.18M | -27.89M | -32.48M | -35.19M | -38.68M | -34.38M | -35.05M | -37.14M | -35.37M | -37.37M | -35.6M | -31.29M |
| Depreciation & Amortization | 539K | 543K | 546K | 540K | 537K | 537K | 538K | 0 | 538K | 834K | 538K | 810K | 536K | 1.02M | 766K | 779K | 748K | 853K | 975K | 1.05M |
| Stock-Based Compensation | 4.16M | 3.31M | 3.83M | 4.21M | 5.08M | 5.22M | 4.61M | 4.94M | 4.66M | 4.37M | 4.55M | 0 | 4.61M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.61M | -595K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -214K | -22K | -88K | -884K | -1.49M | -2.68M | -2.77M | -939K | -829K | 5.35M | 285K | 3.87M | -638K | 4.42M | 4.8M | 4.74M | 4.63M | 4.67M | 4.88M | 4.76M |
| Working Capital Changes | -7.13M | -1.5M | -1.68M | 7.22M | 177K | 9.49M | 430K | 3.9M | -7.46M | -527K | -586K | -5.87M | 1.18M | 1.81M | -1.23M | 3.45M | -295K | 3.52M | 26K | 825K |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 2.15M | -3.27M | 6.67M | 1.12M | -31K | 3.69M | 2.7M | 74K | -1.53M | 426K | -2.35M | -3.19M | 3.04M | 490K | -3.45M | 884K | 1.78M | 2.98M | 832K | -742K |
| Cash from Investing | 27.06M | -26.52M | 45.87M | 73.08M | 97.62M | 1.01M | -45.93M | -96.58M | -77.3M | -2.18M | 47.84M | 5.53M | 19.52M | -43.62M | 14.1M | 19.71M | 68.25M | 33.7M | -1.28M | -83.07M |
| Capital Expenditures | 0 | 0 | -48K | -15K | -74K | -6K | -9K | 0 | 0 | -7K | -19K | -30K | -137K | -282K | -169K | -861K | -5.21M | -855K | -767K | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.18K | -47.86K | 0 | -19.65K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.18K | 47.86K | 0 | 19.65K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 32.9M | 95.08M | 13.56M | 153K | 59K | 4.97M | 175K | 123.65M | 32.41M | 117.6M | 0 | 345K | 17.58M | 108K | 122.67M | 113K | 19K | 948K | -73K | 652K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 32.9M | 96.04M | 14.19M | 153K | 59K | 4.63M | 175K | 124.11M | 33.13M | 117.97M | -450K | 345K | 18M | 108K | 122.67M | 113K | 19K | 553K | 322K | 652K |
| Dividends Paid | 0 | -1.86M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 898K | -625K | 0 | 0 | 333K | 0 | -454K | -719K | -367K | 450K | 0 | -414K | 0 | 0 | 0 | 0 | 395K | -395K | 0 |
| Net Change in Cash | 13.16M | 22.63M | 7.13M | 35.17M | 47.62M | -30.04M | -77.76M | 5.36M | -73.17M | 91.95M | 19.55M | -30.51M | 4.1M | -70.64M | 106.04M | -8.21M | 37.98M | 6.32M | -31.07M | -107.08M |
| Free Cash Flow | -46.8M | -45.93M | -52.35M | -38.09M | -50.13M | -36.02M | -32.02M | -21.71M | -28.27M | -23.48M | -28.31M | -36.41M | -33.13M | -27.42M | -30.89M | -29.02M | -35.5M | -29.18M | -30.48M | -24.66M |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | 6.65% | -27.5% | -63.48% | -75.44% | -77.34% | -53.39% | -13.12% | 40.38% | 14.68% | 14.36% | 8.34% | -25.45% | 6.68% | 6.02% | -1.33% | -17.71% | -51.25% | -50.18% | -119.93% | -140.28% |
| FCF per Share | -0.24 | -0.30 | -0.35 | -0.26 | -0.34 | -0.24 | -0.23 | -0.17 | -0.23 | -0.30 | -0.38 | -0.48 | -0.45 | -0.38 | -0.45 | -0.75 | -0.92 | -0.76 | -0.80 | -0.64 |
| FCF Conversion (FCF/Net Income) | 1.06x | 0.95x | 0.95x | 0.77x | 0.92x | 0.74x | 0.92x | 0.73x | 1.12x | 0.84x | 0.87x | 1.03x | 0.85x | 0.79x | 0.88x | 0.76x | 0.86x | 0.76x | 0.83x | 0.79x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |