Exelixis Inc

Exelixis Inc

EXEL · NASDAQ · Healthcare / Biotechnology

69.00USD-0.84 (-1.20%)

Price History

Full chart

Market Stats

Previous Close69.84
Open69.87
Day Range68.70 – 69.94
52-Week Range36.00 – 72.10
Volume1.52M
Market Cap17.19B
P/E (TTM)21.89
Forward P/E15.46
EPS3.17
Dividend Yield0.00%
Beta0.47
50-Day Avg59.07
200-Day Avg50.79

About

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 oral inhibitor of kinases, including the TAM kinases, MET, and VEGF receptors; XL309, a small molecule inhibitor of USP1, a synthetic lethal target in the context of BRCA-mutated tumors; XB010, an antibody-drug conjugates (ADC) consisting of a MMAE payload conjugated to a monoclonal antibody targeting the tumor antigen 5T4; XB628, a first-in-class bispecific antibody that targets programmed cell death ligand 1and natural killer cell receptor group 2A; and XB371, a next-generation tissue factor targeting ADC with a topoisomerase inhibitor payload. It has research collaborations and license agreements with Ipsen Pharma SAS; Takeda Pharmaceutical Company Ltd.; F. Hoffmann-La Roche Ltd.; Catalent, Inc.; Iconic Therapeutics, Inc.; Adagene Inc.; Invenra, Inc.; Genentech, Inc.; Bristol-Myers Squibb Company; and Daiichi Sankyo Company, Limited, as well as business development activities and other collaborations. 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.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. Michael M. Morrissey Ph.D.
  • Employees1.08K
  • Headquarters1851 Harbor Bay Parkway, Alameda, CA, United States, 94502, USA
  • Websitehttps://www.exelixis.com

Leadership

  • Dr. Stelios Papadopoulos Ph.D.Co-Founder & Independent Chair of the Board · b. 1948
  • Dr. Michael M. Morrissey Ph.D.CEO, President & Director · b. 1961
  • Mr. Christopher J. SennerExecutive VP & CFO · b. 1968
  • Dr. Brenda J. Hefti J.D., Ph.D.Senior VP & General Counsel · b. 1974
  • Dr. Dana T. Aftab Ph.D.Executive Vice President of Research & Development · b. 1964
  • Mr. Patrick Joseph Haley M.B.A.Executive Vice President of Commercial · b. 1976
  • Dr. William Berg M.D.Senior Vice President of Medical Affairs
  • Dr. Stefan Krauss Ph.D.VP & Head of Business Development
  • Mr. Andrew Ross PetersSenior Vice President of Strategy
  • Ms. Deborah Burke CPASenior VP of Finance & Controller · b. 1956

Financials

Income Statement

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.27M10.50M24.76M41.01M44.32M51.54M52.86M75.96M98.67M113.47M117.86M151.76M185.04M289.64M47.45M31.34M25.11M37.17M191.45M452.48M853.83M967.77M987.54M1.43B1.61B1.83B2.17B2.32B
Growth (%)-+362.15%+135.80%+65.62%+8.09%+16.29%+2.56%+43.71%+29.90%+15.00%+3.87%+28.76%+21.93%+56.52%-83.62%-33.96%-19.87%+48.03%+415.05%+136.34%+88.70%+13.35%+2.04%+45.31%+12.27%+13.60%+18.49%+6.98%
Cost of Revenue--5.70M-18.60M91.75M114.74M129.13M779.00K1.09M820.00K202.00K280.68M261.07M233.16M183.14M155.00M1.12M2.04M3.90M6.55M15.07M26.35M33.10M36.27M52.87M57.91M72.55M76.22M83.70M
Gross Profit2.27M16.20M43.36M41.01M44.32M51.54M52.08M74.88M97.85M113.27M117.86M151.76M185.04M289.64M47.45M30.22M23.07M33.28M184.90M437.41M827.48M934.68M951.27M1.38B1.55B1.76B2.09B2.24B
Gross Margin100.00%154.29%175.11%100.00%100.00%100.00%98.53%98.57%99.17%99.82%100.00%100.00%100.00%100.00%100.00%96.43%91.86%89.52%96.58%96.67%96.91%96.58%96.33%96.32%96.41%96.04%96.49%96.39%
Operating Expense17.57M35.00M86.22M116.32M132.15M147.80M187.28M168.87M224.60M270.31M297.17M273.67M276.44M200.10M169.89M230.95M247.53M154.70M213.03M271.50M388.62M565.21M841.21M1.10B1.35B1.59B1.49B1.36B
Operating Income-15.30M-18.80M-42.86M-75.31M-87.82M-96.26M-135.20M-93.99M-126.75M-157.05M-179.31M-121.91M-91.40M89.53M-122.44M-200.73M-224.46M-121.42M-28.12M165.91M438.86M369.47M110.06M286.67M201.48M170.88M604.62M872.19M
Operating Margin-673.24%-179.05%-173.12%-183.67%-198.15%-186.77%-255.79%-123.74%-128.46%-138.40%-152.14%-80.33%-49.39%30.91%-258.03%-640.54%-893.86%-326.65%-14.69%36.67%51.40%38.18%11.14%19.98%12.51%9.34%27.88%37.59%
EBITDA-15.30M-13.10M-24.01M-53.43M-70.41M-77.59M-89.06M-70.86M-109.84M-157.05M-155.58M-115.58M-72.52M100.07M-114.73M-196.36M-212.52M-119.97M-22.35M167.22M452.09M377.82M119.20M300.30M222.36M283.24M718.75M921.76M
EBITDA Margin-673.24%-124.76%-96.96%-130.31%-158.87%-150.54%-168.49%-93.29%-111.32%-138.40%-132.01%-76.16%-39.19%34.55%-241.80%-626.59%-846.33%-322.73%-11.67%36.96%52.95%39.04%12.07%20.93%13.80%15.48%33.14%39.73%
Net Income-15.67M-18.70M-75.31M-71.19M-86.13M-94.77M-137.25M-84.40M-101.49M-86.38M-162.85M-135.22M-92.33M75.70M-147.65M-244.76M-268.54M-169.74M-70.22M154.23M690.07M321.01M111.78M231.06M182.28M207.76M521.27M782.57M
Net Income Margin-689.52%-178.10%-304.18%-173.60%-194.33%-183.88%-259.65%-111.11%-102.86%-76.13%-138.18%-89.10%-49.90%26.14%-311.16%-781.03%-1069.42%-456.63%-36.68%34.09%80.82%33.17%11.32%16.10%11.31%11.35%24.04%33.73%
R&D12.10M21.70M48.46M82.70M112.01M127.62M137.72M141.13M185.48M225.38M257.39M234.70M210.68M156.84M128.88M178.76M189.10M96.35M95.97M112.17M182.26M336.96M547.85M693.72M891.81M1.04B910.41M825.00M
R&D as % of Total Revenue532.39%206.67%195.71%201.68%252.73%247.62%260.56%185.80%187.98%198.62%218.39%154.65%113.85%54.15%271.61%570.44%753.06%259.20%50.13%24.79%21.35%34.82%55.48%48.34%55.36%57.05%41.98%35.56%
Interest Expense000003.72M5.38M6.19M4.99M3.97M6.76M12.67M9.34M16.26M27.09M45.35M41.36M40.68M33.06M8.68M000053.74M---
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%7.22%10.17%8.15%5.05%3.50%5.74%8.35%5.05%5.61%57.09%144.70%164.72%109.44%17.27%1.92%0.00%0.00%0.00%0.00%3.34%---

Balance Sheet

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets8.98M18.90M204.91M346.61M339.11M357.79M291.34M332.71M395.42M412.12M401.62M343.41M360.79M393.26M721.10M503.29M327.96M332.34M597.54M655.29M1.42B1.89B2.14B2.62B3.07B2.94B2.95B2.84B
Total Liabilities-21.70M41.14M109.39M163.19M196.31M240.67M275.42M304.81M326.61M457.88M507.13M589.12M302.63M424.66M437.05M442.79M436.65M508.22M370.33M134.83M199.70M258.22M405.62M583.06M678.45M703.49M683.10M
Total Equity-35.06M-2.80M162.73M237.22M175.92M161.48M50.67M33.54M52.54M72.08M-56.98M-163.72M-228.32M90.63M296.43M66.24M-114.83M-104.30M89.32M284.96M1.29B1.69B1.88B2.21B2.49B2.26B2.24B2.16B
Cash-5.40M19.55M35.58M84.52M111.83M78.11M96.47M123.37M135.46M247.70M86.80M97.44M74.26M170.07M103.98M80.39M141.63M151.69M183.16M314.77M266.50M319.22M647.17M501.19M262.99M217.37M482.49M
Total Debt-13.30M14.95M48.94M73.93M111.08M147.35M148.85M121.65M121.51M117.68M79.62M208.46M181.51M335.74M347.24M361.66M799.37M189.12M71.99M56.93M50.74M49.09M51.27M190.17M189.94M190.82M173.04M
Net Debt-7.90M-4.60M13.36M-10.59M-744.00K69.25M52.38M-1.72M-13.94M-130.02M-7.18M111.02M107.26M165.67M243.26M281.26M239.80M37.44M-168.63M-302.60M-215.76M-270.13M-595.90M-311.02M-73.05M-26.55M-309.45M

Cash Flow

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-7.30M-12.87M-23.77M-30.92M-79.24M-93.84M-46.36M-45.34M-68.74M-9.76M-14.59M-101.05M-159.23M-123.15M-198.77M-235.41M-141.59M206.30M165.61M415.72M526.96M208.98M400.80M362.61M333.32M699.97M884.27M
Investing Cash Flow-6.50M-96.44M5.41M46.81M-14.60M20.46M-36.07M-21.70M-3.02M121.37M-112.32M-19.57M-51.46M-259.47M144.35M146.33M50.08M-216.05M35.80M-297.85M-587.25M-131.22M-42.88M-524.41M-26.95M-116.78M350.44M
Financing Cash Flow17.10M123.46M34.35M32.63M114.67M39.65M100.93M109.34M84.25M630.00K-33.99M131.26M187.51M478.43M-11.67M65.49M152.75M19.80M-169.93M9.69M12.55M-25.13M-14.80M586.00K-546.05M-628.81M-969.59M
Capital Expenditure5.00M15.39M9.09M5.85M14.25M12.34M14.36M11.61M17.40M15.13M5.91M1.81M991.00K2.72M2.17M474.00K447.00K1.70M21.14M33.30M12.83M30.34M64.22M138.46M162.97M66.19M39.93M
Free Cash Flow-12.30M-28.25M-32.86M-36.77M-93.48M-106.17M-60.72M-56.95M-86.14M-24.89M-20.50M-102.86M-160.22M-125.86M-200.94M-235.88M-142.03M204.59M144.47M382.42M514.12M178.64M336.58M224.16M170.35M633.79M844.34M
Dividends Paid------------0000000--------
FCF to OCF168.49%219.58%138.26%118.92%117.98%113.15%130.97%125.61%125.31%255.09%140.49%101.79%100.62%102.21%101.09%100.20%100.32%99.17%87.23%91.99%97.56%85.48%83.98%61.82%51.11%90.54%95.48%
Dividend Paid to FCF------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------

Earnings

Report DateAug 8, 2000Nov 8, 2000Feb 28, 2001May 14, 2001Aug 8, 2001Nov 13, 2001Mar 20, 2002May 6, 2002Aug 6, 2002Nov 7, 2002Feb 19, 2003May 7, 2003Aug 6, 2003Nov 5, 2003Feb 17, 2004May 4, 2004Aug 5, 2004Nov 8, 2004Feb 16, 2005May 9, 2005Aug 8, 2005Nov 3, 2005Feb 21, 2006May 9, 2006Aug 8, 2006Nov 2, 2006Feb 13, 2007May 3, 2007Aug 7, 2007Nov 5, 2007Feb 14, 2008May 6, 2008Aug 5, 2008Oct 27, 2008Mar 4, 2009May 7, 2009Jul 30, 2009Oct 29, 2009Mar 9, 2010May 11, 2010Aug 5, 2010Nov 4, 2010Feb 22, 2011May 3, 2011Aug 4, 2011Oct 27, 2011Feb 8, 2012May 3, 2012Aug 2, 2012Nov 7, 2012Feb 21, 2013May 7, 2013Aug 6, 2013Oct 30, 2013Feb 20, 2014May 1, 2014Jul 31, 2014Nov 4, 2014Feb 24, 2015Apr 30, 2015Aug 11, 2015Nov 10, 2015Feb 29, 2016May 4, 2016Aug 3, 2016Nov 3, 2016Feb 27, 2017May 1, 2017Aug 2, 2017Nov 1, 2017Feb 26, 2018May 2, 2018Aug 1, 2018Nov 1, 2018Feb 12, 2019May 1, 2019Jul 31, 2019Oct 30, 2019Feb 25, 2020May 5, 2020Aug 6, 2020Nov 5, 2020Feb 10, 2021May 6, 2021Aug 5, 2021Nov 2, 2021Feb 17, 2022May 10, 2022Aug 9, 2022Nov 1, 2022Feb 7, 2023May 9, 2023Aug 1, 2023Nov 1, 2023Feb 6, 2024Apr 30, 2024Aug 6, 2024Oct 29, 2024Feb 11, 2025Apr 28, 2025Jul 28, 2025Nov 4, 2025Feb 10, 2026May 5, 2026Aug 5, 2026Oct 29, 2026Nov 3, 2026
EPS Estimate-0.13-0.13-0.20-0.26-0.31-0.31-0.32-0.30-0.41-0.42-0.40-0.41-0.41-0.37-0.35-0.41-0.38-0.42-0.39-0.36-0.05-0.39-0.29-0.24-0.25-0.26-0.22-0.27-0.28-0.19-0.29-0.38-0.41-0.40-0.35-0.32-0.41-0.32-0.25-0.31-0.18-0.09-0.20-0.19-0.160.56-0.18-0.20-0.28-0.32-0.24-0.27-0.28-0.37-0.38-0.35-0.37-0.35-0.30-0.24-0.21-0.16-0.22-0.21-0.25-0.12-0.01-0.010.030.070.120.150.160.170.230.240.280.220.170.170.140.040.100.090.140.270.160.230.240.24-0.050.220.220.190.310.290.370.420.490.370.650.670.810.760.750.790.79
EPS Actual-0.16-0.13-0.18-0.22-0.30-0.28-0.26-0.31-0.39-0.39-0.34-0.38-0.40-0.34-0.32-0.39-0.37-0.37-0.35-0.36-0.12-0.28-0.29-0.27-0.23-0.30-0.27-0.25-0.29-0.14-0.36-0.39-0.43-0.36-0.36-0.36-0.33-0.24-0.34-0.40-0.12-0.08-0.16-0.20-0.150.590.37-0.18-0.24-0.19-0.28-0.24-0.33-0.36-0.38-0.39-0.37-0.30-0.30-0.18-0.22-0.22-0.19-0.27-0.160.010.120.050.080.260.120.370.280.410.370.240.290.340.220.190.250.040.140.090.370.200.350.260.280.31-0.030.160.310.100.330.170.840.470.550.620.750.780.940.870.820.85-
Surprise-23.08%0.00%10.00%15.38%3.23%9.68%18.75%-3.33%4.88%7.14%15.00%7.32%2.44%8.11%8.57%4.88%2.63%11.90%10.26%0.00%-140.00%28.21%0.00%-12.50%8.00%-15.38%-22.73%7.41%-3.57%26.32%-24.14%-2.63%-4.88%10.00%-2.86%-12.50%19.51%25.00%-36.00%-29.03%33.33%11.11%20.00%-5.26%6.25%5.36%305.56%10.00%14.29%40.63%-16.67%11.11%-17.86%2.70%0.00%-11.43%0.00%14.29%0.00%25.00%-4.76%-37.50%13.64%-28.57%36.00%108.33%1300.00%600.00%166.67%271.43%0.00%146.67%75.00%141.18%60.87%0.00%3.57%54.55%29.41%11.76%78.57%0.00%40.00%0.00%164.29%-25.93%118.75%13.04%16.67%29.17%40.00%-27.27%40.91%-47.37%6.45%-41.38%127.03%11.90%12.24%69.12%15.38%16.42%16.05%14.47%9.33%7.59%-
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Key Statistics & Ratios

Market Cap17.19B
Enterprise Value15.75B
Trailing P/E21.89
Forward P/E15.46
PEG Ratio2.56
Price / Sales7.06
Price / Book8.91
EPS3.17
Book Value8.23
Revenue (TTM)2.44B
Gross Profit (TTM)2.35B
EBITDA1.02B
Profit Margin35.33%
Operating Margin39.51%
Return on Equity44.39%
Return on Assets23.97%
Shares Outstanding247.78M
Shares Float213.60M
Beta0.47
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 18 analystsTarget 55.53
  • Strong Buy
    6
  • Buy
    1
  • Hold
    10
  • Sell
    1

Ownership Breakdown

Institutions
107.42%
Insiders
1.85%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    29.08M11.73%
  • Farallon Capital Management, L.L.C.
    13.47M5.44%
  • Renaissance Technologies Corp
    13.43M5.42%
  • Vanguard Portfolio Management, LLC
    12.04M4.86%
  • AQR Capital Management LLC
    11.02M4.45%
  • Vanguard Capital Management, LLC
    10.95M4.42%
  • State Street Corp
    9.97M4.02%
  • Fuller & Thaler Asset Management Inc
    8.93M3.60%
  • LSV Asset Management
    8.15M3.29%
  • Geode Capital Management, LLC
    7.65M3.09%
  • D. E. Shaw & Co LP
    5.55M2.24%
  • Morgan Stanley - Brokerage Accounts
    4.52M1.82%
  • Amvescap Plc.
    4.50M1.81%
  • Dimensional Fund Advisors, Inc.
    4.43M1.79%
  • Arrowstreet Capital Limited Partnership
    4.37M1.76%
  • Two Sigma Investments LLC
    4.21M1.70%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    8.83M3.56%
  • Vanguard MStar Total Stk Mkt Idx Invest
    7.48M3.02%
  • FullerThaler Behavioral Sm-Cp Eq R6
    7.04M2.84%
  • Vanguard Small Cap Index
    5.30M2.14%