NASDAQ$ANNX

Annexon Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Annexon reported Q3 2025, revenue of $0.00, net loss of $54.9M.

For Q3 2025, Annexon reported revenue of $0.00, a net loss of $54.9M. Management discusses operating trends, liquidity, and outlook in the quarterly filing.

  • Revenue $0.00.
  • Net loss $54.9M.
  • Annexon highlights liquidity, operations, and near-term priorities.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.37

Previous: -$0.25-48.0%
Net Income

-$54.9M

Previous: -$34.8M-57.6%
Operating Income

$57K

Previous: -$39.4M+100.1%

Revenue & EPS history

Annexon · Revenue · Quarterly

$0

Q3 2025

Forward guidance

The filing outlines Annexon's outlook, including capital allocation, operating priorities, and sector risks relevant to upcoming periods.

Tailwinds

  • Annexon discusses operational execution and demand trends in the filing.
  • Balance sheet and liquidity actions support the business plan.
  • Pipeline milestones and partnerships are key catalysts.
  • Cash runway supports R&D.

Headwinds

  • Macro, pricing, and cost inflation may pressure margins.
  • Segment mix and one-time items can affect comparability.
  • Clinical and regulatory risk.
  • Dilution and burn rate.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+3.0%

Avg return

Earnings day

+2.5%

Avg return

5 days after

+1.8%

Avg return

30 days after

64%

14 / 22 earnings

Positive

+23.1%

Q1 2022

Best reaction

-8.1%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-6.9%-4.6%-7.4%
Q3 2025-0.7%-9.1%+69.1%
Q1 2025+9.4%+8.8%+37.6%
Q4 2024+3.3%+15.5%-23.4%
Q3 2024-6.6%-16.6%-32.2%
Q2 2024+3.8%+11.3%+12.8%
Q1 2024+1.5%-8.8%+27.2%
Q4 2023+17.6%+8.0%-30.9%
Q3 2023+16.7%+22.4%+23.8%
Q2 2023-1.2%-2.1%-26.6%
Q1 2023+4.2%+3.7%-40.7%
Q4 2022+3.8%-8.0%-15.0%
Q3 2022-0.4%+16.6%+15.8%
Q2 2022+3.1%+17.2%+10.2%
Q1 2022+23.1%+25.0%+51.2%
Q4 2021-5.1%-11.0%-43.8%
Q3 2021+1.3%+0.2%-3.4%
Q2 2021-4.6%-13.7%+11.6%
Q1 2021+1.1%+9.3%+12.6%
Q4 2020-8.1%-17.4%-29.5%
Q3 2020+3.5%+9.1%+13.0%
Q2 2020+6.6%-1.2%+8.9%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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