Jun 2026 (Q2 FY26) — Aug 12, 2026
Annexon Q2 FY26 — ARCHER II Program Expanded, GBS BLA on Track
Read the full callAnnexon earnings: last reported Wed, 12 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | Quarterly, as filed | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | -55.3 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $3.15 on 17 Oct 2025 → $4.01. High $6.96 (22 Jan 2026), low $2.68 (13 Nov 2025).
Overview
Call summaries
Annexon Q2 FY26 — ARCHER II Program Expanded, GBS BLA on Track
Read the full callEvery analysed call
Financials
Net profit, year on year: −13% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating profit | -39 | -52 | -57 | -52 | -57 | -50 | -46 | -57 |
| Net profit | -35 | -49 | -54 | -49 | -55 | -48 | -44 | -55 |
| EPS ($ per share) | -0.25 | — | -0.37 | -0.34 | -0.37 | — | -0.23 | -0.28 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -103 | -166 | -296 | -438 | -572 | -711 | -917 |
| Total liabilities | 6 | 12 | 55 | 54 | 47 | 57 | 66 |
| Fixed assets | 2 | 2 | 18 | 17 | 15 | 13 | 11 |
| Total assets | 50 | 356 | 287 | 285 | 298 | 350 | 278 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -28 | -53 | -106 | -116 | -121 | -118 | -186 |
| Cash from investing | -0 | -83 | -88 | 58 | 71 | -219 | 190 |
| Cash from financing | 28 | 361 | 2 | 123 | 136 | 161 | 109 |
| Net cash flow | -0 | 225 | — | — | — | — | — |
| Capital expenditure | -0 | -0 | -2 | -7 | -0 | -0 | -0 |
| Free cash flow | -29 | -54 | -108 | -123 | -121 | -118 | -186 |
30 filings between Oct 30, 2025 and Sep 24, 2026.
Purchases
$12.41M
14 purchases by 4 insiders
Sales
$313.4K
10 sales by 5 insiders
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Satter Muneer A | $11.97M | — | May 28, 2026 |
| Carson William H. | $193.3K | — | May 11, 2026 |
| Choi Jung | $138.3K | — | Dec 1, 2025 |
| Love Douglas | $99.8K | — | Sep 24, 2026 |
| Yednock Ted | — | $70.3K | Mar 2, 2026 |
| Lew Jennifer | — | $70.3K | Mar 2, 2026 |
| ARTIS DEAN RICHARD | — | $59.0K | Mar 2, 2026 |
| Dananberg Jamie | — | $58.6K | Mar 2, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 24, 2026 | Love Douglas PRESIDENT AND CEO | Purchase | 26,065 | $99.8K |
| Jun 11, 2026 | Yednock Ted EVP & CHIEF INNOVATION OFFICER | Option exercise 10b5-1 plan | 30,646 | $56.7K |
| May 28, 2026 | Satter Muneer A Director | Purchase | 613,497 | $3.32M |
| May 11, 2026 | Carson William H. Director | Purchase 10b5-1 plan | 8,000 | $46.2K |
| Apr 10, 2026 | Carson William H. Director | Purchase 10b5-1 plan | 8,000 | $49.6K |
| Mar 10, 2026 | Carson William H. Director | Purchase 10b5-1 plan | 8,000 | $45.4K |
| Mar 2, 2026 | Dananberg Jamie CHIEF MEDICAL OFFICER | Sale | 5,820 | $31.6K |
| Mar 2, 2026 | Overdorf Michael EVP & CHIEF BUSINESS OFFICER | Sale | 4,339 | $23.5K |
| Mar 2, 2026 | Yednock Ted EVP & CHIEF INNOVATION OFFICER | Sale | 5,566 | $30.2K |
| Mar 2, 2026 | ARTIS DEAN RICHARD EVP & CHIEF SCIENTIFIC OFFICER | Sale | 5,894 | $32.0K |
| Mar 2, 2026 | Lew Jennifer EVP & CHIEF FINANCIAL OFFICER | Sale | 5,565 | $30.2K |
| Feb 19, 2026 | Dananberg Jamie CHIEF MEDICAL OFFICER | Award | 56,250 | $0 |
| Feb 19, 2026 | Overdorf Michael EVP & CHIEF BUSINESS OFFICER | Award | 62,500 | $0 |
| Feb 19, 2026 | Yednock Ted EVP & CHIEF INNOVATION OFFICER | Award | 62,500 | $0 |
| Feb 19, 2026 | ARTIS DEAN RICHARD EVP & CHIEF SCIENTIFIC OFFICER | Award | 62,500 | $0 |
| Feb 19, 2026 | Lew Jennifer EVP & CHIEF FINANCIAL OFFICER | Award | 62,500 | $0 |
| Feb 18, 2026 | Dananberg Jamie CHIEF MEDICAL OFFICER | Sale | 5,290 | $27.0K |
| Feb 18, 2026 | Overdorf Michael EVP & CHIEF BUSINESS OFFICER | Sale | 6,225 | $31.7K |
| Feb 18, 2026 | Yednock Ted EVP & CHIEF INNOVATION OFFICER | Sale | 7,857 | $40.1K |
| Feb 18, 2026 | ARTIS DEAN RICHARD EVP & CHIEF SCIENTIFIC OFFICER | Sale | 5,290 | $27.0K |
| Feb 18, 2026 | Lew Jennifer EVP & CHIEF FINANCIAL OFFICER | Sale | 7,851 | $40.1K |
| Dec 30, 2025 | Carson William H. Director | Purchase 10b5-1 plan | 4,115 | $20.7K |
| Dec 1, 2025 | Carson William H. Director | Purchase 10b5-1 plan | 4,115 | $18.4K |
| Dec 1, 2025 | Choi Jung Director | Purchase | 33,000 | $138.3K |
| Nov 21, 2025 | Satter Muneer A Director | Purchase | 422,613 | $1.81M |
| Nov 20, 2025 | Satter Muneer A Director | Purchase | 400,000 | $1.79M |
| Nov 19, 2025 | Satter Muneer A Director | Purchase | 500,000 | $1.97M |
| Nov 18, 2025 | Satter Muneer A Director | Purchase | 500,000 | $1.59M |
| Nov 17, 2025 | Satter Muneer A Director | Purchase | 500,000 | $1.50M |
| Oct 30, 2025 | Carson William H. Director | Purchase 10b5-1 plan | 4,115 | $13.0K |
| Sep 30, 2025 | Carson William H. Director | Purchase 10b5-1 plan | 4,115 | $12.6K |
| Sep 2, 2025 | Carson William H. Director | Purchase 10b5-1 plan | 4,115 | $8.6K |
| Jul 30, 2025 | Carson William H. Director | Purchase 10b5-1 plan | 4,115 | $10.0K |
| Jul 14, 2025 | Lew Jennifer EVP & CHIEF FINANCIAL OFFICER | Sale | 1,117 | $2.9K |
| Jul 14, 2025 | Yednock Ted EVP & CHIEF INNOVATION OFFICER | Sale | 1,116 | $2.9K |
| Jul 14, 2025 | Overdorf Michael EVP & CHIEF BUSINESS OFFICER | Sale | 853 | $2.2K |
| Jun 30, 2025 | Carson William H. Director | Purchase 10b5-1 plan | 4,115 | $10.1K |
| Feb 18, 2025 | Overdorf Michael EVP & CHIEF BUSINESS OFFICER | Sale | 6,618 | $19.5K |
| Feb 18, 2025 | Dananberg Jamie CHIEF MEDICAL OFFICER | Sale | 5,521 | $16.3K |
| Feb 18, 2025 | ARTIS DEAN RICHARD EVP & CHIEF SCIENTIFIC OFFICER | Sale | 5,515 | $16.4K |
| Feb 18, 2025 | Yednock Ted EVP & CHIEF INNOVATION OFFICER | Sale | 8,345 | $24.3K |
| Feb 18, 2025 | Lew Jennifer EVP & CHIEF FINANCIAL OFFICER | Sale | 6,912 | $20.2K |
| Feb 13, 2025 | Love Douglas PRESIDENT AND CEO | Sale | 5,021 | $14.8K |
| Feb 13, 2025 | Overdorf Michael EVP & CHIEF BUSINESS OFFICER | Sale | 1,425 | $4.3K |
| Feb 13, 2025 | Yednock Ted EVP & CHIEF INNOVATION OFFICER | Sale | 1,783 | $5.3K |
| Feb 13, 2025 | Lew Jennifer EVP & CHIEF FINANCIAL OFFICER | Sale | 1,786 | $5.3K |
| Jan 6, 2025 | Love Douglas PRESIDENT AND CEO | Option exercise | 37,994 | $53.6K |
| Dec 2, 2024 | Carson William H. Director | Purchase 10b5-1 plan | 3,200 | $17.1K |
| Oct 30, 2024 | Love Douglas PRESIDENT AND CEO | Option exercise | 36,050 | $66.7K |
| Oct 30, 2024 | Love Douglas PRESIDENT AND CEO | Option exercise | 78,399 | $145.0K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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