Exelixis Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 3, 2026	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
Revenue	2,375	2,320	2,169	1,830	1,611	1,435
Revenue Growth (YoY)	3.33%	6.98%	18.50%	13.60%	12.27%	45.31%
Cost of Revenue	84.48	83.7	76.22	72.55	57.91	52.87
Gross Profit	2,291	2,236	2,092	1,758	1,553	1,382
Selling, General & Admin	521.15	518.73	492.13	542.71	459.86	401.72
Research & Development	812.68	825	910.41	1,044	891.81	693.72
Other Operating Expenses	20.51	20.51	85.33	-	-	-
Total Operating Expenses	1,354	1,364	1,488	1,587	1,352	1,095
Operating Income	936.67	872.19	604.62	170.89	201.48	286.67
Interest Income	66.26	69.21	77.16	86.54	33.07	7.67
Other Non-Operating Income (Expense)	0.27	-0.2	-0.13	0.09	-0.2	-0.18
Total Non-Operating Income (Expense)	66.53	69.02	77.02	86.64	32.87	7.49
Pretax Income	1,003	941.21	681.64	257.52	234.35	294.15
Provision for Income Taxes	169.78	158.64	160.37	49.76	52.07	63.09
Net Income	833.42	782.57	521.27	207.77	182.28	231.06
Net Income to Common	833.42	782.57	521.27	207.77	182.28	231.06
Net Income Growth	29.50%	50.13%	150.89%	13.98%	-21.11%	106.71%
Shares Outstanding (Basic)	267	272	290	318	322	315
Shares Outstanding (Diluted)	274	282	296	321	325	322
Shares Change (YoY)	-5.78%	-4.82%	-7.88%	-0.95%	0.68%	1.37%
EPS (Basic)	3.13	2.88	1.80	0.65	0.57	0.73
EPS (Diluted)	3.03	2.78	1.76	0.65	0.56	0.72
EPS Growth	37.43%	57.95%	170.77%	16.07%	-22.22%	105.71%
Shares Outstanding	253.7	262.48	281.73	302.79	323.95	318.84
Free Cash Flow	917.69	875.84	671.54	292.86	334.91	346.58
Free Cash Flow Growth	4.78%	30.42%	129.31%	-12.56%	-3.37%	94.01%
Free Cash Flow Per Share	3.34	3.11	2.27	0.91	1.03	1.08
Gross Margin	96.44%	96.39%	96.49%	96.04%	96.41%	96.32%
Operating Margin	39.43%	37.59%	27.88%	9.34%	12.51%	19.98%
Profit Margin	35.08%	33.73%	24.04%	11.35%	11.31%	16.10%
FCF Margin	38.63%	37.75%	30.96%	16.00%	20.79%	24.15%
EBITDA	965.33	901.25	633.42	196.6	222.36	300.3
EBITDA Margin	40.64%	38.84%	29.21%	10.74%	13.80%	20.93%
EBIT	936.67	872.19	604.62	170.89	201.48	286.67
EBIT Margin	39.43%	37.59%	27.88%	9.34%	12.51%	19.98%
Effective Tax Rate	16.92%	16.85%	23.53%	19.32%	22.22%	21.45%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q