Exelixis, Inc. (EXEL) — Financial statements
Income statement, balance sheet, and cash flow for Exelixis, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,320↑7.0% | 2,169↑18.5% | 1,830↑13.6% | 1,611↑12.3% | 1,435 | |
| Cost of Revenue | 84↑9.8% | 76↑5.1% | 73↑25.3% | 58↑9.5% | 53 | |
| Gross Profit | 2,236↑6.9% | 2,092↑19.0% | 1,758↑13.2% | 1,553↑12.4% | 1,382 | |
| Operating Expenses | ||||||
| R&D Expenses | 825↓9.4% | 910↓12.8% | 1,044↑17.1% | 892↑28.6% | 694 | |
| General & Administrative Expenses | 467↓5.1% | 492↓9.3% | 543↑29.8% | 418↑13.1% | 370 | |
| Selling & Marketing Expenses | 52 | 0.00 | 0.00↓100.0% | 42↑30.8% | 32 | |
| SG&A Expenses | 519↑5.4% | 492↓9.3% | 543↑18.0% | 460↑14.5% | 402 | |
| Other Expenses | 21↓76.0% | 85 | 0.00↑100.0% | -0.20↓7.1% | -0.18 | |
| Operating Expenses | 1,364↓8.3% | 1,488↓6.2% | 1,587↑17.4% | 1,352↑23.4% | 1,095 | |
| Total Costs & Expenses | 1,448↓7.4% | 1,564↓5.7% | 1,659↑17.7% | 1,410↑22.8% | 1,148 | |
| Operating Results | ||||||
| Operating Income | 872↑44.3% | 605↑253.8% | 171↓15.2% | 201↓29.7% | 287 | |
| Depreciation & Amortization | 29↑0.9% | 29↑12.0% | 26↑23.2% | 21↑53.2% | 14 | |
| EBITDA | 922↑28.2% | 719↑265.6% | 197↓11.6% | 222↓26.0% | 300 | |
| EBIT | 893↑29.4% | 690↑303.8% | 171↓15.2% | 201↓29.7% | 287 | |
| Interest & Other Income | ||||||
| Net Interest Income | 69↓10.3% | 77↓10.8% | 87↑161.7% | 33↑331.0% | 8 | |
| Interest Income | 69↓10.3% | 77↓10.8% | 87↑161.7% | 33↑331.0% | 8 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | -21↑76.0% | -85 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 69↓10.4% | 77↓11.1% | 87↑163.6% | 33↑338.9% | 7 | |
| Income Before Tax | 941↑38.1% | 682↑164.7% | 258↑9.9% | 234↓20.3% | 294 | |
| Income Tax Expense | 159↓1.1% | 160↑222.3% | 50↓4.4% | 52↓17.5% | 63 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 783↑50.1% | 521↑150.9% | 208↑14.0% | 182↓21.1% | 231 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 783↑50.1% | 521↑150.9% | 208↑14.0% | 182↓21.1% | 231 | |
| Bottom-Line Net Income | 783↑50.1% | 521↑150.9% | 208↑14.0% | 182↓21.1% | 231 | |
| EPS (Basic) | 2.88↑60.0% | 1.80↑176.9% | 0.65↑14.0% | 0.57↓21.9% | 0.73 | |
| EPS (Diluted) | 2.78↑58.0% | 1.76↑170.8% | 0.65↑16.1% | 0.56↓22.2% | 0.72 | |
| Weighted Average Shares | 272↓6.4% | 290↓8.8% | 318↓1.0% | 322↑2.1% | 315 | |
| Weighted Average Diluted Shares | 282↓4.8% | 296↓7.9% | 321↓1.0% | 325↑0.7% | 322 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.