Exact Sciences Corporation (EXAS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 878.38M | 850.74M | 811.09M | 706.78M | 713.42M | 708.65M | 699.26M | 637.52M | 646.88M | 628.34M | 622.09M | 602.45M | 553M | 523.07M | 521.64M | 486.57M | 473.81M | 456.38M | 434.82M | 402.08M |
| Revenue Growth % | 23.12% | 20.05% | 15.99% | 10.86% | 10.29% | 12.78% | 12.41% | 5.82% | 16.98% | 20.12% | 19.26% | 23.82% | 16.71% | 14.61% | 19.97% | 21.01% | 1.6% | 11.76% | 61.72% | 15.6% |
| Cost of Goods Sold | 262.56M | 266.81M | 248.63M | 206.24M | 284.2M | 217.17M | 210.95M | 191.2M | 171.82M | 168.5M | 157M | 156.9M | 147.2M | 147.94M | 144.6M | 134.7M | 119.1M | 115.7M | 114M | 110M |
| COGS % of Revenue | 29.89% | 31.36% | 30.65% | 29.18% | 39.84% | 30.65% | 30.17% | 29.99% | 26.56% | 26.82% | 25.24% | 26.04% | 26.62% | 28.28% | 27.72% | 27.68% | 25.14% | 25.35% | 26.22% | 27.36% |
| Gross Profit | 615.83M | 583.93M | 562.45M | 500.55M | 429.22M | 491.49M | 488.32M | 446.32M | 475.07M | 459.84M | 465.09M | 445.55M | 405.8M | 375.14M | 377.04M | 351.87M | 354.71M | 340.68M | 320.82M | 292.08M |
| Gross Margin % | 70.11% | 68.64% | 69.35% | 70.82% | 60.16% | 69.35% | 69.83% | 70.01% | 73.44% | 73.18% | 74.76% | 73.96% | 73.38% | 71.72% | 72.28% | 72.32% | 74.86% | 74.65% | 73.78% | 72.64% |
| Gross Profit Growth % | 43.47% | 18.81% | 15.18% | 12.15% | -9.65% | 6.88% | 4.99% | 0.17% | 17.07% | 22.58% | 23.35% | 26.62% | 14.4% | 10.11% | 17.52% | 20.47% | -3.25% | 8.75% | 68% | 9.71% |
| Operating Expenses | 691.22M | 609.47M | 564.6M | 596.56M | 1.31B | 530.89M | 514.57M | 553.01M | 542.91M | 452.99M | 542.02M | 522.64M | 524.68M | 513.19M | 536.62M | 528.86M | 576.16M | 502.7M | 492.48M | 592.62M |
| OpEx % of Revenue | 78.69% | 71.64% | 69.61% | 84.4% | 183% | 74.91% | 73.59% | 86.74% | 83.93% | 72.09% | 87.13% | 86.75% | 94.88% | 98.11% | 102.87% | 108.69% | 121.6% | 110.15% | 113.26% | 147.39% |
| Selling, General & Admin | 506.52M | 491.64M | 455.7M | 485M | 433.6M | 413.8M | 389.08M | 437.43M | 411.03M | 390.6M | 414.5M | 404.3M | 404.1M | 379.67M | 397.6M | 402M | 463.7M | 383.1M | 362.4M | 453.84M |
| SG&A % of Revenue | 57.67% | 57.79% | 56.18% | 68.62% | 60.78% | 58.39% | 55.64% | 68.61% | 63.54% | 62.16% | 66.63% | 67.11% | 73.07% | 72.58% | 76.22% | 82.62% | 97.87% | 83.94% | 83.34% | 112.87% |
| Research & Development | 191.5M | 117.29M | 108.9M | 105.31M | 99.62M | 101.49M | 121.14M | 110.87M | 114.92M | 111.45M | 104.09M | 95.42M | 94.27M | 90.81M | 106.08M | 102.25M | 88.49M | 75.36M | 106.23M | 115.57M |
| R&D % of Revenue | 21.8% | 13.79% | 13.43% | 14.9% | 13.96% | 14.32% | 17.32% | 17.39% | 17.77% | 17.74% | 16.73% | 15.84% | 17.05% | 17.36% | 20.34% | 21.01% | 18.68% | 16.51% | 24.43% | 28.74% |
| Other Operating Expenses | -1000K | 543K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -82.59M | -25.55M | -2.15M | -96.01M | -876.35M | -39.4M | -26.26M | -106.69M | -67.84M | 6.85M | -76.93M | -77.09M | -118.88M | -138.06M | -159.58M | -176.99M | -221.45M | -162.02M | -171.66M | -300.54M |
| Operating Margin % | -9.4% | -3% | -0.26% | -13.58% | -122.84% | -5.56% | -3.75% | -16.74% | -10.49% | 1.09% | -12.37% | -12.8% | -21.5% | -26.39% | -30.59% | -36.37% | -46.74% | -35.5% | -39.48% | -74.75% |
| Operating Income Growth % | 90.58% | 35.17% | 91.82% | 10.01% | -1191.77% | -675.31% | 65.87% | -38.4% | 42.93% | 104.96% | 51.79% | 56.44% | 46.32% | 14.79% | 7.04% | 41.11% | 46.68% | 20.32% | -156.18% | -264.85% |
| EBITDA | -82.59M | 30.34M | 53.13M | -41.95M | -823.2M | 15.37M | 26.74M | -52.75M | -13.67M | 59.1M | -26.49M | -27.35M | -69.4M | -89.49M | -107.72M | -129.34M | -176.32M | -115.82M | -126.34M | -256.84M |
| EBITDA Margin % | -9.4% | 3.57% | 6.55% | -5.94% | -115.39% | 2.17% | 3.82% | -8.27% | -2.11% | 9.41% | -4.26% | -4.54% | -12.55% | -17.11% | -20.65% | -26.58% | -37.21% | -25.38% | -29.06% | -63.88% |
| EBITDA Growth % | 89.97% | 97.4% | 98.7% | 20.47% | -5922.42% | -74% | 200.95% | -92.88% | 80.3% | 166.04% | 75.41% | 78.86% | 60.64% | 22.74% | 14.74% | 49.64% | 53.04% | 27.7% | -386.81% | -496.92% |
| D&A (Non-Cash Add-back) | 0 | 55.88M | 55.28M | 54.06M | 53.15M | 54.77M | 53M | 53.94M | 54.17M | 52.25M | 50.44M | 49.74M | 49.48M | 48.57M | 51.86M | 47.65M | 45.13M | 46.2M | 45.32M | 43.7M |
| EBIT | 0 | -7.97M | -2.15M | -92.17M | -867.72M | -29.16M | -18.11M | -101.79M | -43.84M | 7.58M | -76.43M | -77.1M | -125.96M | -148.09M | -163.3M | -180.35M | -221.64M | -167.56M | -169.66M | -270.77M |
| Net Interest Income | 0 | -9.79M | -9.84M | -8.82M | -8.25M | -8.27M | 0 | -7.94M | -7.87M | -7.87M | -7.82M | 14.43M | -5.41M | -5.24M | -4.51M | -4.48M | -4.66M | -4.27M | -3.72M | -3.95M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.43M | 0 | 0 | 0 | 0 | 0 | 407K | 929K | 664K |
| Interest Expense | -9.76M | 9.79M | 9.84M | 8.82M | 8.25M | 8.27M | 0 | 7.94M | 7.87M | 7.87M | 7.82M | 0 | 5.41M | 5.24M | 4.51M | 4.48M | 4.66M | 4.68M | 4.65M | 4.62M |
| Other Income/Expense | -10.61M | 7.79M | 2.09M | -4.98M | 385K | 1.98M | 11.91M | -1.73M | 17.46M | -5.81M | -2.99M | 4.6M | -11.04M | -13.82M | -8.23M | -5.96M | -3.4M | -8.77M | -1.22M | 26.57M |
| Pretax Income | -93.2M | -17.76M | -57K | -100.99M | -875.97M | -37.43M | -14.35M | -108.42M | -50.38M | 1.04M | -79.92M | -72.49M | -129.93M | -151.88M | -167.81M | -182.95M | -224.85M | -170.8M | -172.89M | -273.97M |
| Pretax Margin % | -10.61% | -2.09% | -0.01% | -14.29% | -122.78% | -5.28% | -2.05% | -17.01% | -7.79% | 0.17% | -12.85% | -12.03% | -23.5% | -29.04% | -32.17% | -37.6% | -47.46% | -37.42% | -39.76% | -68.14% |
| Income Tax | -7.25M | 1.84M | 1.13M | 224K | -11.38M | 808K | 1.46M | 1.81M | -610K | 249K | 1.11M | 1.66M | -2.18M | -3.12M | -1.75M | -2.02M | -4.24M | -3.86M | 4.03M | -242.81M |
| Effective Tax Rate % | 7.78% | -10.35% | -1978.95% | -0.22% | 1.3% | -2.16% | -10.2% | -1.67% | 1.21% | 23.87% | -1.39% | -2.29% | 1.68% | 2.05% | 1.04% | 1.1% | 1.89% | 2.26% | -2.33% | 88.62% |
| Net Income | -85.95M | -19.59M | -1.19M | -101.22M | -864.59M | -38.24M | -15.81M | -110.23M | -49.77M | 794K | -81.03M | -74.15M | -127.75M | -148.76M | -166.06M | -180.94M | -220.61M | -166.94M | -176.91M | -31.16M |
| Net Margin % | -9.79% | -2.3% | -0.15% | -14.32% | -121.19% | -5.4% | -2.26% | -17.29% | -7.69% | 0.13% | -13.02% | -12.31% | -23.1% | -28.44% | -31.83% | -37.19% | -46.56% | -36.58% | -40.69% | -7.75% |
| Net Income Growth % | 90.06% | 48.76% | 92.5% | 8.18% | -1637.3% | -4915.62% | 80.49% | -48.65% | 61.04% | 100.53% | 51.21% | 59.02% | 42.09% | 10.89% | 6.13% | -480.6% | 49.49% | 17.58% | -159.81% | 76.85% |
| Net Income (Continuing) | 0 | -19.59M | -1.19M | -101.22M | -864.59M | -38.24M | -15.81M | -110.23M | -49.77M | 794K | -81.03M | -74.15M | -127.75M | -148.76M | -166.06M | -180.94M | -220.61M | -166.94M | -176.91M | -31.16M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.45 | -0.10 | -0.01 | -0.54 | -4.67 | -0.21 | -0.09 | -0.60 | -0.27 | 0.00 | -0.45 | -0.42 | -0.72 | -0.84 | -0.94 | -1.04 | -1.28 | -0.97 | -1.03 | -0.18 |
| EPS Growth % | 90.36% | 52.38% | 92.66% | 10% | -1629.63% | - | 80.93% | -42.86% | 62.5% | 100.51% | 52.13% | 59.62% | 43.75% | 13.4% | 8.74% | -477.78% | 54.12% | 28.15% | -128.89% | 80.22% |
| EPS (Basic) | -0.45 | -0.10 | -0.01 | -0.54 | -4.67 | -0.21 | -0.09 | -0.60 | -0.27 | 0.00 | -0.45 | -0.42 | -0.72 | -0.84 | -0.94 | -1.04 | -1.28 | -0.97 | -1.03 | -0.18 |
| Diluted Shares Outstanding | 189.74M | 189.26M | 188.9M | 186.81M | 185.31M | 184.79M | 184.31M | 182.35M | 181.25M | 184.07M | 180.2M | 178.57M | 177.58M | 177M | 176.36M | 174.42M | 172.45M | 171.98M | 171.49M | 169.43M |
| Basic Shares Outstanding | 189.74M | 189.26M | 188.9M | 186.81M | 185.31M | 184.79M | 184.31M | 182.35M | 181.25M | 180.65M | 180.2M | 178.57M | 177.58M | 177M | 176.36M | 174.42M | 172.45M | 171.98M | 171.49M | 169.43M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |