Annexon annual net debt
2021
2022
2023
2024
2025
Annexon Net Debt Growth & History (ANNX)
Annexon's net debt was −$135.8M for fiscal 2025.
View full Annexon company overviewAnnexon annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$135.8M | −$115.3M | — |
| 2024 | 2024-12-31 | −$20.5M | $173.2M | — |
| 2023 | 2023-12-31 | −$193.8M | −$86.6M | — |
| 2022 | 2022-12-31 | −$107.2M | −$66.9M | — |
| 2021 | 2021-12-31 | −$40.3M | — | — |
Annexon quarterly net debt
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$174.6M | −$70.0M | — |
| Q1 2026 | 2026-03-31 | −$149.8M | −$81.0M | — |
| Q4 2025 | 2025-12-31 | −$135.8M | −$115.3M | — |
| Q3 2025 | 2025-09-30 | −$112.5M | −$62.5M | — |
| Q2 2025 | 2025-06-30 | −$104.7M | $22.4M | — |
| Q1 2025 | 2025-03-31 | −$68.8M | $52.3M | — |
| Q4 2024 | 2024-12-31 | −$20.5M | $173.2M | — |
| Q3 2024 | 2024-09-30 | −$49.9M | $51.7M | — |
| Q2 2024 | 2024-06-30 | −$127.1M | −$45.5M | — |
| Q1 2024 | 2024-03-31 | −$121.2M | −$9.5M | — |
| Q4 2023 | 2023-12-31 | −$193.8M | −$86.6M | — |
| Q3 2023 | 2023-09-30 | −$101.7M | $75.3M | — |
| Q2 2023 | 2023-06-30 | −$81.6M | −$11.1M | — |
| Q1 2023 | 2023-03-31 | −$111.6M | −$33.0M | — |
| Q4 2022 | 2022-12-31 | −$107.2M | −$66.9M | — |
| Q3 2022 | 2022-09-30 | −$177.0M | −$142.3M | — |
| Q2 2022 | 2022-06-30 | −$70.5M | $2.7M | — |
| Q1 2022 | 2022-03-31 | −$78.7M | — | — |
| Q4 2021 | 2021-12-31 | −$40.3M | — | — |
| Q3 2021 | 2021-09-30 | −$34.7M | — | — |
| Q2 2021 | 2021-06-30 | −$73.2M | — | — |
Annexon net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, Annexon's net debt decreased from −$40.3M to −$135.8M, a change of −$95.6M. The latest reported quarter, Q2 2026, shows −$174.6M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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