Exelixis Income 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
Revenue	2,320	2,169	1,830	1,611	1,435
Revenue Growth (YoY)	6.98%	18.50%	13.60%	12.27%	45.31%
Cost of Revenue	83.7	76.22	72.55	57.91	52.87
Gross Profit	2,236	2,092	1,758	1,553	1,382
Selling, General & Admin	518.73	492.13	542.71	459.86	401.72
Research & Development	825	910.41	1,044	891.81	693.72
Other Operating Expenses	20.51	85.33	-	-	-
Total Operating Expenses	1,364	1,488	1,587	1,352	1,095
Operating Income	872.19	604.62	170.89	201.48	286.67
Interest Income	69.21	77.16	86.54	33.07	7.67
Other Non-Operating Income (Expense)	-0.2	-0.13	0.09	-0.2	-0.18
Total Non-Operating Income (Expense)	69.02	77.02	86.64	32.87	7.49
Pretax Income	941.21	681.64	257.52	234.35	294.15
Provision for Income Taxes	158.64	160.37	49.76	52.07	63.09
Net Income	782.57	521.27	207.77	182.28	231.06
Net Income to Common	782.57	521.27	207.77	182.28	231.06
Net Income Growth	50.13%	150.89%	13.98%	-21.11%	106.71%
Shares Outstanding (Basic)	272	290	318	322	315
Shares Outstanding (Diluted)	282	296	321	325	322
Shares Change (YoY)	-4.82%	-7.88%	-0.95%	0.68%	1.37%
EPS (Basic)	2.88	1.80	0.65	0.57	0.73
EPS (Diluted)	2.78	1.76	0.65	0.56	0.72
EPS Growth	57.95%	170.77%	16.07%	-22.22%	105.71%
Shares Outstanding	262.48	281.73	302.79	323.95	318.84
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 Per Share	3.11	2.27	0.91	1.03	1.08
Gross Margin	96.39%	96.49%	96.04%	96.41%	96.32%
Operating Margin	37.59%	27.88%	9.34%	12.51%	19.98%
Profit Margin	33.73%	24.04%	11.35%	11.31%	16.10%
FCF Margin	37.75%	30.96%	16.00%	20.79%	24.15%
EBITDA	901.25	633.42	196.6	222.36	300.3
EBITDA Margin	38.84%	29.21%	10.74%	13.80%	20.93%
EBIT	872.19	604.62	170.89	201.48	286.67
EBIT Margin	37.59%	27.88%	9.34%	12.51%	19.98%
Effective Tax Rate	16.85%	23.53%	19.32%	22.22%	21.45%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q