Exelixis Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	782.57	521.27	207.77	182.28	231.06
Depreciation & Amortization	29.06	28.8	25.72	20.88	13.63
Asset Writedown & Restructuring Costs	12	115.14	128.5	107.25	14
Stock-Based Compensation	112.98	93.84	106.35	107.57	119.82
Other Operating Activities	138.86	-45.62	-121.03	-42.57	61.3
Change in Accounts Receivable	-21.4	-27.95	-22.62	66.85	-122.32
Change in Inventory	12.23	5.45	-12.98	-11.68	-13.21
Change in Accounts Payable	-50.15	-21.89	50.11	23.36	55.09
Change in Unearned Revenue	-	-	-	-	11.01
Change in Other Net Operating Assets	-131.87	30.93	-28.48	-91.32	30.42
Operating Cash Flow	884.27	699.97	333.32	362.61	400.8
Operating Cash Flow Growth	26.33%	110.00%	-8.08%	-9.53%	91.79%
Capital Expenditures	-8.43	-28.44	-40.47	-27.71	-54.23
Sale (Purchase) of Intangibles	-31.5	-37.75	-122.5	-110.75	-10
Investment in Securities	390.37	-50.6	136.01	-385.96	21.34
Investing Cash Flow	350.44	-116.78	-26.96	-524.41	-42.88
Issuance of Common Stock	49.14	61.85	33.45	23.89	24.31
Repurchase of Common Stock	-1,019	-690.66	-579.5	-23.3	-39.11
Financing Cash Flow	-969.59	-628.81	-546.05	0.59	-14.8
Net Cash Flow	265.11	-45.62	-239.68	-161.21	343.12
Free Cash Flow	875.84	671.54	292.86	334.91	346.58
Free Cash Flow Growth	30.42%	129.31%	-12.56%	-3.37%	94.01%
Free Cash Flow Margin	37.75%	30.96%	16.00%	20.79%	24.15%
Free Cash Flow Per Share	3.11	2.27	0.91	1.03	1.07
Cash Income Tax Paid	155.3	170.48	185.66	127.87	12.96
Levered Free Cash Flow	631.16	464.22	125.4	147.55	250.4
Unlevered Free Cash Flow	631.16	464.22	125.4	147.55	250.4
Change in Working Capital	-191.2	-13.45	-13.97	-12.8	-39.01

Source: S&P Global Market Intelligence. Standard template. Financial Sources.