Exelixis, Inc.
NASDAQ•EXEL
CEO: Dr. Stelios Papadopoulos Ph.D.
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2000-04-17
Exelixis, Inc., an oncology company, focuses on the discovery, development, and commercialization of new medicines for difficult-to-treat cancers in the United States. The company offers CABOMETYX tablets for the treatment of patients with advanced renal cell carcinoma who received prior anti-angiogenic therapy; and COMETRIQ capsules for the treatment of progressive and metastatic medullary thyroid cancer. Its CABOMETYX and COMETRIQ are derived from cabozantinib, an inhibitor of multiple tyrosine kinases, including MET, AXL, RET, and VEGF receptors. The company also offers COTELLIC, an inhibitor of MEK as a combination regimen to treat specific forms of advanced melanoma; and MINNEBRO, an oral non-steroidal selective blocker of the mineralocorticoid receptor for the treatment of hypertension in Japan. It develops zanzalintinib, a novel, potent, next-generation oral tyrosine kinase inhibitor (TKI) that targets VEGF receptors, MET and the TAM kinases (TYRO3, AXL and MER); and XB002, a next-generation tissue factor (TF)-targeting ADC, administered via intravenous infusion and composed of a human monoclonal antibody (mAb) against TF that is conjugated to an auristatin-based microtubulin inhibitor (MTI) payload. It has research collaborations and license agreements with Ipsen Pharma SAS; Takeda Pharmaceutical Company Ltd.; F. Hoffmann-La Roche Ltd.; Redwood Bioscience, Inc.; R.P. Scherer Technologies, LLC; Catalent Pharma Solutions, Inc.; NBE Therapeutics AG; Aurigene Discovery Technologies Limited; Iconic Therapeutics, Inc.; Invenra, Inc.; StemSynergy Therapeutics, Inc.; Genentech, Inc.; Bristol-Myers Squibb Company; and Daiichi Sankyo Company, Limited, as well as clinical development agreement and collaboration with Sairopa B.V. and Merck & Co., Inc. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was incorporated in 1994 and is headquartered in Alameda, California.
Contact Information
Market Cap
$11.36B
P/E (TTM)
14.7
17.8
Dividend Yield
--
52W High
$49.62
52W Low
$32.38
52W Range
Rank33Top 25.7%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$598.66M+0.00%
4-Quarter Trend
EPS
$0.91+0.00%
4-Quarter Trend
FCF
$332.36M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Strong Net Product Revenue Net product revenues reached $2.12B USD in 2025, marking a 17% increase over 2024 figures.
Net Income Surges Net income grew substantially to $782.6M USD in 2025, up from $521.3M USD reported in 2024.
Zanzalintinib NDA Submitted Submitted NDA for zanzalintinib plus atezolizumab for metastatic CRC; FDA accepted with standard review status.
CABOMETYX Label Expansion CABOMETYX gained FDA approval for advanced NET in March 2025, expanding franchise market reach.
Risk Factors
CABOMETYX Revenue Dependence Growth remains highly dependent upon continued commercial success of CABOMETYX in competitive therapeutic markets.
Generic Entry Threat Ongoing patent litigation against generic filings could lead to lower pricing and material revenue harm if lost.
Payer Coverage Limitations Successful commercialization hinges on obtaining and maintaining favorable coverage and reimbursement from third-party payers.
R&D Expenses Outpacing Revenue Profitability risks if expenses for drug discovery and development grow faster than anticipated product revenues.
Outlook
Pipeline Expansion Focus Investing heavily to advance pipeline, expecting up to two new development candidates into preclinical stage during 2026.
Zanzalintinib Development Path Proceeding with final OS analysis for STELLAR-303 in mid-2026; planning STELLAR-201 trial commencement in 2026.
FY2026 Revenue Projection Projecting net product revenues may increase in fiscal year 2026 compared to 2025 for similar growth drivers.
Peer Comparison
Revenue (TTM)
$45.43B
$4.03B
$3.22B
Gross Margin (Latest Quarter)
96.1%
95.6%
92.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| MRNA | $22.01B | -7.7 | -30.1% | 15.5% |
| ROIV | $21.13B | -25.4 | -18.3% | 4.0% |
| RVMD | $19.78B | -16.8 | -63.1% | 6.7% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.5%
Moderate Growth
4Q Net Income CAGR
15.3%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:May 12, 2026
EPS:$0.76
|Revenue:$607.71M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data