Exelixis, Inc. (EXEL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | 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 |
|---|
| Sales/Revenue | 610.81M | 598.66M | 597.75M | 568.26M | 555.45M | 566.75M | 539.54M | 637.18M | 425.23M | 479.65M | 471.92M | 469.85M | 408.79M | 423.92M | 411.74M | 419.43M | 355.98M | 451.14M | 328.42M | 385.18M |
| Revenue Growth % | 9.97% | 5.63% | 10.79% | -10.82% | 30.62% | 18.16% | 14.33% | 35.61% | 4.02% | 13.15% | 14.62% | 12.02% | 14.83% | -6.03% | 25.37% | 8.89% | 31.73% | 67.06% | 42.12% | 48.44% |
| Cost of Goods Sold | 0 | 26.48M | 18.57M | 19.47M | 19.17M | 19.96M | 17.33M | 17.67M | 21.26M | 21.75M | 18.77M | 17.7M | 14.31M | 15.92M | 15.3M | 13.48M | 13.2M | 12.92M | 11.87M | 14.88M |
| COGS % of Revenue | - | 4.42% | 3.11% | 3.43% | 3.45% | 3.52% | 3.21% | 2.77% | 5% | 4.54% | 3.98% | 3.77% | 3.5% | 3.76% | 3.72% | 3.21% | 3.71% | 2.86% | 3.62% | 3.86% |
| Gross Profit | 0 | 572.18M | 579.18M | 548.79M | 536.27M | 546.79M | 522.21M | 619.51M | 403.97M | 457.9M | 453.15M | 452.14M | 394.47M | 408M | 396.43M | 405.95M | 342.78M | 438.22M | 316.55M | 370.29M |
| Gross Margin % | - | 95.58% | 96.89% | 96.57% | 96.55% | 96.48% | 96.79% | 97.23% | 95% | 95.46% | 96.02% | 96.23% | 96.5% | 96.24% | 96.28% | 96.79% | 96.29% | 97.14% | 96.38% | 96.14% |
| Gross Profit Growth % | -100% | 4.64% | 10.91% | -11.42% | 32.75% | 19.41% | 15.24% | 37.02% | 2.41% | 12.23% | 14.31% | 11.38% | 15.08% | -6.9% | 25.24% | 9.63% | 33.36% | 67.89% | 42.35% | 47.96% |
| Operating Expenses | 359.47M | 336.97M | 342.64M | 335.21M | 349.42M | 383.58M | 386.14M | 343.64M | 374.51M | 376.11M | 470.73M | 374.29M | 365.64M | 456.07M | 313.82M | 322.24M | 259.53M | 321.58M | 264.93M | 247.28M |
| OpEx % of Revenue | 58.85% | 56.29% | 57.32% | 58.99% | 62.91% | 67.68% | 71.57% | 53.93% | 88.07% | 78.41% | 99.75% | 79.66% | 89.45% | 107.59% | 76.22% | 76.83% | 72.91% | 71.28% | 80.67% | 64.2% |
| Selling, General & Admin | 139.6M | 123.02M | 123.66M | 134.86M | 137.18M | 134.33M | 111.8M | 132.01M | 113.98M | 131.44M | 138.14M | 141.72M | 131.4M | 119.25M | 114.98M | 122.76M | 102.86M | 99.31M | 101.56M | 98.5M |
| SG&A % of Revenue | 22.86% | 20.55% | 20.69% | 23.73% | 24.7% | 23.7% | 20.72% | 20.72% | 26.81% | 27.4% | 29.27% | 30.16% | 32.14% | 28.13% | 27.93% | 29.27% | 28.9% | 22.01% | 30.92% | 25.57% |
| Research & Development | 199.92M | 0 | 199.16M | 200.36M | 212.23M | 249M | 222.57M | 211.15M | 227.69M | 244.67M | 332.58M | 232.57M | 234.25M | 336.82M | 198.84M | 199.48M | 156.67M | 222.27M | 163.37M | 148.79M |
| R&D % of Revenue | 32.73% | - | 33.32% | 35.26% | 38.21% | 43.93% | 41.25% | 33.14% | 53.55% | 51.01% | 70.47% | 49.5% | 57.3% | 79.46% | 48.29% | 47.56% | 44.01% | 49.27% | 49.74% | 38.63% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 0 | 0 | 254K | 1000K | 475K | 1000K | 0 | 0 | 0 | -54K | -337K | -69K | 45K | 164K | -64K | -19K | -11K |
| Operating Income | 251.34M | 235.22M | 236.54M | 213.58M | 186.86M | 163.21M | 136.07M | 275.87M | 29.46M | 81.79M | -17.58M | 77.85M | 28.83M | -48.08M | 82.61M | 83.71M | 83.24M | 116.64M | 51.62M | 123.01M |
| Operating Margin % | 41.15% | 39.29% | 39.57% | 37.58% | 33.64% | 28.8% | 25.22% | 43.3% | 6.93% | 17.05% | -3.73% | 16.57% | 7.05% | -11.34% | 20.06% | 19.96% | 23.38% | 25.86% | 15.72% | 31.94% |
| Operating Income Growth % | 34.51% | 44.12% | 73.83% | -22.58% | 534.24% | 99.55% | 873.9% | 254.37% | 2.19% | 270.12% | -121.28% | -7% | -65.37% | -141.22% | 60.04% | -31.95% | 1906.88% | 380.08% | 221.23% | 62.85% |
| EBITDA | 251.34M | 242.16M | 243.96M | 220.92M | 194.2M | 170.85M | 143.53M | 283.2M | 35.84M | 88.31M | -11.29M | 83.89M | 35.69M | -42.13M | 88.28M | 88.48M | 87.73M | 118.58M | 56.42M | 126.68M |
| EBITDA Margin % | 41.15% | 40.45% | 40.81% | 38.88% | 34.96% | 30.14% | 26.6% | 44.45% | 8.43% | 18.41% | -2.39% | 17.85% | 8.73% | -9.94% | 21.44% | 21.1% | 24.65% | 26.28% | 17.18% | 32.89% |
| EBITDA Growth % | 29.42% | 41.74% | 69.97% | -21.99% | 441.86% | 93.46% | 1371.63% | 237.59% | 0.43% | 309.61% | -112.79% | -5.19% | -59.33% | -135.53% | 56.45% | -30.15% | 6457.46% | 343.98% | 240.27% | 62.96% |
| D&A (Non-Cash Add-back) | 0 | 6.95M | 7.42M | 7.34M | 7.34M | 7.64M | 7.45M | 7.33M | 6.38M | 6.53M | 6.3M | 6.04M | 6.86M | 5.95M | 5.66M | 4.78M | 4.49M | 1.93M | 4.8M | 3.67M |
| EBIT | 0 | 235.91M | 252.41M | 230.41M | 186.86M | 163.46M | 187.84M | 276.35M | 62.3M | 81.79M | -17.58M | 77.85M | 28.83M | -48.08M | 82.61M | 83.71M | 83.24M | 116.64M | 51.62M | 123.01M |
| Net Interest Income | 0 | 17.43M | 15.92M | 16.79M | 19.08M | 21.3M | 18.71M | 17.26M | 19.89M | 21.39M | 23.11M | 22.54M | 19.5M | 16.99M | 9.5M | 4.76M | 1.82M | 1.44M | 1.66M | 1.89M |
| Interest Income | 16.13M | 17.43M | 15.92M | 16.79M | 19.08M | 21.3M | 18.71M | 17.26M | 19.89M | 21.39M | 23.11M | 22.54M | 19.5M | 16.99M | 9.5M | 4.76M | 1.82M | 1.44M | 1.66M | 1.89M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 0 | 17.47M | 15.87M | 16.84M | 18.83M | 21.57M | 18.68M | 16.97M | 19.8M | 21.25M | 23.4M | 22.54M | 19.45M | 16.65M | 9.43M | 4.8M | 1.99M | 1.38M | 1.64M | 1.88M |
| Pretax Income | 267.69M | 252.69M | 252.41M | 230.41M | 205.69M | 184.77M | 154.75M | 292.85M | 49.27M | 103.04M | 5.82M | 100.39M | 48.28M | -31.43M | 92.04M | 88.51M | 85.23M | 118.02M | 53.26M | 124.89M |
| Pretax Margin % | 43.82% | 42.21% | 42.23% | 40.55% | 37.03% | 32.6% | 28.68% | 45.96% | 11.59% | 21.48% | 1.23% | 21.37% | 11.81% | -7.41% | 22.35% | 21.1% | 23.94% | 26.16% | 16.22% | 32.42% |
| Income Tax | 57.22M | 8.16M | 58.84M | 45.57M | 46.07M | 44.91M | 36.78M | 66.73M | 11.95M | 17.52M | 4.78M | 19.21M | 8.25M | -1.25M | 18.83M | 17.84M | 16.66M | 22.86M | 15.06M | 28.8M |
| Effective Tax Rate % | 21.38% | 3.23% | 23.31% | 19.78% | 22.4% | 24.31% | 23.77% | 22.79% | 24.26% | 17% | 82.11% | 19.13% | 17.09% | 3.99% | 20.46% | 20.15% | 19.54% | 19.37% | 28.27% | 23.06% |
| Net Income | 210.47M | 244.53M | 193.58M | 184.85M | 159.62M | 139.86M | 117.97M | 226.12M | 37.32M | 85.52M | 1.04M | 81.18M | 40.03M | -30.17M | 73.21M | 70.67M | 68.57M | 95.17M | 38.2M | 96.09M |
| Net Margin % | 34.46% | 40.85% | 32.38% | 32.53% | 28.74% | 24.68% | 21.87% | 35.49% | 8.78% | 17.83% | 0.22% | 17.28% | 9.79% | -7.12% | 17.78% | 16.85% | 19.26% | 21.09% | 11.63% | 24.95% |
| Net Income Growth % | 31.86% | 74.84% | 64.09% | -18.25% | 327.73% | 63.55% | 11232.66% | 178.54% | -6.77% | 383.43% | -98.58% | 14.87% | -41.63% | -131.71% | 91.63% | -26.45% | 4183.14% | 235.23% | 219.24% | 43.81% |
| Net Income (Continuing) | 210.47M | 244.53M | 193.58M | 184.85M | 159.62M | 139.86M | 117.97M | 226.12M | 37.32M | 85.52M | 1.04M | 81.18M | 40.03M | -30.17M | 73.21M | 70.67M | 68.57M | 95.17M | 38.2M | 96.09M |
| 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) | 0.79 | 0.88 | 0.70 | 0.65 | 0.55 | 0.47 | 0.40 | 0.77 | 0.12 | 0.27 | 0.00 | 0.25 | 0.12 | -0.09 | 0.23 | 0.22 | 0.21 | 0.29 | 0.12 | 0.30 |
| EPS Growth % | 43.64% | 87.23% | 75% | -15.58% | 358.33% | 74.07% | - | 208% | 0% | 389.39% | -98.57% | 13.64% | -42.86% | -132.17% | 91.67% | -26.67% | - | 222.22% | 220% | 42.86% |
| EPS (Basic) | 0.81 | 0.91 | 0.72 | 0.68 | 0.57 | 0.48 | 0.41 | 0.78 | 0.12 | 0.28 | 0.00 | 0.25 | 0.12 | -0.09 | 0.23 | 0.22 | 0.21 | 0.30 | 0.12 | 0.31 |
| Diluted Shares Outstanding | 267.32M | 281.86M | 278.54M | 284.39M | 288.18M | 293.55M | 291.48M | 293.97M | 305.53M | 313.02M | 319.25M | 327.31M | 326.28M | 323.26M | 325.07M | 324.9M | 323.29M | 323.19M | 322.02M | 322.94M |
| Basic Shares Outstanding | 258.33M | 271.57M | 268.42M | 272.58M | 278.8M | 284.53M | 285.62M | 289.22M | 300.76M | 308.48M | 315.5M | 324.2M | 324.42M | 323.26M | 322.15M | 321.12M | 319.58M | 317.57M | 315.38M | 314.12M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |