Background: Vulnerability theories propose that higher levels of lipid and pro-inflammatory markers precede and relate to future heightened depression and anxiety. Scar models posit the reverse association. However, most studies testing biomarker-psychopathology relations have been cross-sectional, which precludes causal inferences, and did not differentiate biomarker and psychopathology components. We thus used cross-lagged prospective network analysis (CLPN) to investigate this topic. Methods: Community adult women (n = 3,302) completed a self-report (Center for Epidemiologic Studies-Depression scale; CES-D) and provided biomarker samples. CLPN identified true relations (edges) among components (nodes) of psychopathology (depressed mood, anxiety severity, somatic symptoms, interpersonal issues), lipid markers (insulin, glucose, triglycerides), inflammation (C-reactive protein, fibrinogen), low-density lipoprotein-cholesterol (LDL), and high-density lipoprotein-cholesterol (HDL), within and across five time-points. Results: Contemporaneous CLPN revealed true positive edges for somatic symptoms-inflammation, somatic symptoms-lipid markers, and anxiety severity-lipid markers. Temporal networks showed that higher levels of lipid or pro-inflammatory markers were related to greater future depressed mood, somatic symptoms, anxiety severity, and interpersonal issues. Also, lower HDL level was associated with more future somatic symptoms, interpersonal issues, and depressed mood. Further, somatic symptoms and lipid markers had the strongest effect on future nodes in the network. Conclusions: Overall, the results were consistent with vulnerability (vs. scar) models. Possible mechanistic accounts include long-term dysregulated metabolic, endocrine, and immune systems and social disengagement patterns. Cognitive-behavioral and related lifestyle-based therapies that optimize diet, nutrition, and physical activity may effectively target depression and anxiety at the prevention and treatment stages. Other theoretical and clinical implications were discussed.