gross profit bridgeinconsistent2018-12-28
Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.
Revenue
$2.32B
Fiscal year ended 2026-01-02Operating income
$872.19M
Fiscal year ended 2026-01-02Free cash flow
$875.84M
Fiscal year ended 2026-01-02EXELIXIS, INC. (EXEL) reported revenue of $2.32B and net income of $782.57M for the fiscal year ended 2026-01-02. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from EXELIXIS, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Biological Products, (No Diagnostic Substances).
Income
| Metric | 2026-01-02 | 2025-01-03 | 2023-12-29 | 2022-12-30 | 2021-12-31 | 2021-01-01 | 2020-01-03 | 2018-12-28 | 2017-12-29 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.32B | $2.17B | $1.83B | $1.61B | $1.43B | $987.54M | $967.78M | Unavailable | $452.48M | $191.45M |
| Cost of revenue | $83.70M | $76.22M | $72.55M | $57.91M | $52.87M | $36.27M | $33.10M | Unavailable | $15.07M | $6.55M |
| Gross profit | $2.24B | $2.09B | $1.76B | $1.55B | $1.38B | $951.27M | $934.68M | Unavailable | $437.41M | $184.90M |
| Operating income | $872.19M | $604.62M | $170.88M | $201.48M | $286.67M | $110.06M | $369.47M | Unavailable | $165.91M | -$28.12M |
| Net income | $782.57M | $521.27M | $207.76M | $182.28M | $231.06M | $111.78M | $321.01M | Unavailable | $154.23M | -$70.22M |
| Research & development | $825.00M | $910.41M | $1.04B | $891.81M | $693.72M | $547.85M | $336.96M | Unavailable | $112.17M | $95.97M |
| Weighted-average diluted shares | shares 281.86M | shares 296.13M | shares 321.46M | shares 324.56M | shares 322.36M | shares 318.00M | shares 315.01M | Unavailable | shares 312.00M | Unavailable |
| Pretax income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $130.84M | $398.11M | Unavailable | $158.58M | -$70.22M |
| Income tax expense | $158.64M | $160.37M | $49.76M | $52.07M | $63.09M | $19.06M | $77.10M | Unavailable | $4.35M | $0 |
| Diluted EPS | $2.78 | $1.76 | $0.65 | $0.56 | $0.72 | $0.35 | $1.02 | Unavailable | $0.49 | Unavailable |
| Selling, general & administrative | $518.73M | $492.13M | $542.70M | $459.86M | $401.72M | $293.36M | $228.24M | Unavailable | $159.33M | $116.14M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-01-02 | 2025-01-03 | 2023-12-29 | 2022-12-30 | 2021-12-31 | 2021-01-01 | 2020-01-03 | 2018-12-28 | 2017-12-29 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $482.49M | $217.37M | $262.99M | $501.20M | $647.17M | $319.22M | $266.50M | Unavailable | $183.16M | $151.69M |
| Total assets | $2.84B | $2.95B | $2.94B | $3.07B | $2.62B | $2.14B | $1.89B | Unavailable | $655.29M | $595.74M |
| Current assets | $1.44B | $1.47B | $1.32B | $1.62B | $1.83B | $1.45B | $1.01B | Unavailable | $484.87M | $469.00M |
| Total liabilities | $683.10M | $703.49M | $678.44M | $583.06M | $405.62M | $258.22M | $199.70M | Unavailable | $370.33M | $506.42M |
| Current liabilities | $405.64M | $403.77M | $394.28M | $324.36M | $337.59M | $204.66M | $142.75M | Unavailable | $115.17M | $268.79M |
| Total equity incl. NCI | $2.16B | $2.24B | $2.26B | $2.49B | $2.21B | $1.88B | $1.69B | Unavailable | $284.96M | $89.32M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $21.69M | $22.39M | $17.32M | $33.30M | $27.49M | $20.97M | $12.89M | Unavailable | $6.66M | $3.34M |
| Accounts receivable | $286.92M | $265.44M | $237.41M | $214.78M | $282.65M | $160.88M | $119.07M | Unavailable | $77.30M | $40.44M |
| Goodwill | $63.68M | $63.68M | $63.68M | $63.68M | $63.68M | $63.68M | $63.68M | Unavailable | $63.68M | $63.68M |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $0 | $189.12M |
| Accounts payable | $29.62M | $38.19M | $33.77M | $32.67M | $24.26M | $23.63M | $11.58M | Unavailable | $9.58M | $6.56M |
Cash flow
| Metric | 2026-01-02 | 2025-01-03 | 2023-12-29 | 2022-12-30 | 2021-12-31 | 2021-01-01 | 2020-01-03 | 2018-12-28 | 2017-12-29 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $884.27M | $699.97M | $333.32M | $362.61M | $400.80M | $208.98M | $526.96M | Unavailable | $165.61M | $206.30M |
| Capital expenditures | $8.43M | $28.44M | $40.47M | $27.71M | $54.22M | $30.34M | $12.83M | Unavailable | $21.14M | $1.70M |
| Investing cash flow | $350.44M | -$116.78M | -$26.96M | -$524.41M | -$42.88M | -$131.22M | -$587.25M | Unavailable | $36.80M | -$216.05M |
| Financing cash flow | -$969.59M | -$628.81M | -$546.05M | $586.00K | -$14.80M | -$25.13M | $12.55M | Unavailable | -$169.93M | $19.80M |
| Net change in cash | $265.11M | -$45.62M | -$239.68M | -$161.21M | $343.12M | $52.64M | -$47.74M | Unavailable | $32.48M | $10.05M |
| Stock-based compensation | $112.98M | $93.84M | $106.34M | $107.57M | $119.82M | $105.07M | $56.60M | Unavailable | $23.94M | $22.91M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | $947.51M | $652.03M | $550.38M | $0 | $0 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $29.06M | $28.80M | $25.72M | $20.88M | $13.63M | $9.14M | $8.35M | Unavailable | $1.19M | $1.00M |
Derived
| Metric | 2026-01-02 | 2025-01-03 | 2023-12-29 | 2022-12-30 | 2021-12-31 | 2021-01-01 | 2020-01-03 | 2018-12-28 | 2017-12-29 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $875.84M | $671.54M | $292.86M | $334.91M | $346.58M | $178.64M | $514.12M | Unavailable | $144.47M | $204.59M |
| Gross margin | 96.4% | 96.5% | 96.0% | 96.4% | 96.3% | 96.3% | 96.6% | Unavailable | 96.7% | 96.6% |
| Operating margin | 37.6% | 27.9% | 9.3% | 12.5% | 20.0% | 11.1% | 38.2% | Unavailable | 36.7% | -14.7% |
| FCF margin | 37.7% | 31.0% | 16.0% | 20.8% | 24.2% | 18.1% | 53.1% | Unavailable | 31.9% | 106.9% |
| SBC / revenue | 4.9% | 4.3% | 5.8% | 6.7% | 8.4% | 10.6% | 5.8% | Unavailable | 5.3% | 12.0% |
| Current ratio | 3.56x | 3.63x | 3.34x | 4.99x | 5.43x | 7.06x | 7.08x | Unavailable | 4.21x | 1.74x |
| Revenue YoY growth | 7.0% | 18.5% | 13.6% | 12.3% | 45.3% | 2.0% | Unavailable | Unavailable | 136.3% | Unavailable |
| Net margin | 33.7% | 24.0% | 11.4% | 11.3% | 16.1% | 11.3% | 33.2% | Unavailable | 34.1% | -36.7% |
| R&D / revenue | 35.6% | 42.0% | 57.0% | 55.4% | 48.3% | 55.5% | 34.8% | Unavailable | 24.8% | 50.1% |
| CapEx / revenue | 0.4% | 1.3% | 2.2% | 1.7% | 3.8% | 3.1% | 1.3% | Unavailable | 4.7% | 0.9% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 2.12x |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 2.7% | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open EXEL in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-05-05View SEC filing
10-K · Filed 2026-02-10View SEC filing
10-Q · Filed 2025-11-04View SEC filing
10-Q · Filed 2025-07-28View SEC filing
10-Q · Filed 2025-05-13View SEC filing
Reconciliation checks needing review
2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
balance equationinconsistent2018-12-28
Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.