When did Exelixis report Q1 2026 earnings?

Exelixis (EXEL) reported Q1 2026 earnings on May 13, 2025 after market close.

What were Exelixis's Q1 2026 revenue and EPS?

Exelixis reported revenue of $555.4M and diluted EPS of $0.62 for Q1 2026.

Did Exelixis beat estimates in Q1 2026?

Revenue beat the consensus estimate of $499.6M by $55.8M. EPS beat the consensus estimate of $0.36 by $0.26.

How did Exelixis's Q1 2026 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 30.6% from $425.2M a year earlier and diluted EPS grew 264.7% from $0.17.

Where can I find Exelixis's Q1 2026 SEC filings?

You can read the 10-Q periodic report (0000939767-25-000075) directly on SEC EDGAR. The filing index links above go to sec.gov.

Exelixis EXEL Q1 2026 earnings

Reported May 13, 2025 · After market close

Revenue$555.4MBeat by $55.8M Diluted EPS$0.62Beat by $0.26

Revenue estimate$499.6M

EPS estimate$0.36

Next report

Aug 4, 2026 (in a month)

Revenue estimate$633.4M

EPS estimate$0.85

Financials

Q1 2026

Income statement

See full

Revenue$610.8M+10.0%

Gross profit$590.9M+10.2%

Operating income$251.3M+34.5%

Net income$210.5M+31.9%

EPS (diluted)$0.79+43.6%

Balance sheet

See full

Cash & equivalents$226.2M+23.1%

Total debt$169.5M-9.4%

Total equity$1.9B-9.2%

Total assets$2.6B-8.6%

Cash flow

See full

Operating cash flow$251.8M+19.1%

CapEx$1.5M-48.9%

Free cash flow$250.3M+20.1%

Valuation & ratios

Q1 2026

Valuation

See full

Market cap$11.29B+10.1%

Enterprise value$11.24B+9.5%

P/E13.6×-2.4×

P/S4.8×+0.3×

Profitability

See full

Gross margin96.4%-0.3pp

Operating margin39.4%+6.3pp

Net margin35.1%+7.1pp

FCF margin38.6%+2.9pp

Returns & leverage

See full

Return on equity41%+10.8pp

Debt / equity0.1×0.0×

Current ratio3.3×-0.2×

Segments

By product

See full

Gross product revenues$795.4M+10.2%

License revenues$56.9M+34.1%

Collaboration$55.8M+32.4%

Collaboration services revenues-$4.0M-211%

Discounts and allowances-$240.4M-15.3%

By segment

See full

Reportable Segment$610.8M+10.0%

Versus estimates

Revenue

Q1 2027$610.8MBeat by $3.3M Q4 2026$598.7MBeat by $2.1M Q3 2026$597.8MBeat by $7.6M Q2 2026$568.3MMiss by $26.7M

Q1 2026$555.4MBeat by $55.8M

Q4 2025$566.8MBeat by $3.5M

Diluted EPS

Q1 2027$0.87Beat by $0.12 Q4 2026$0.94Beat by $0.17 Q3 2026$0.78Beat by $0.09 Q2 2026$0.75Beat by $0.10

Q1 2026$0.62Beat by $0.26

Q4 2025$0.55Beat by $0.04

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Questions, answered.

When did Exelixis report Q1 2026 earnings?: Exelixis (EXEL) reported Q1 2026 earnings on May 13, 2025 after market close.
What were Exelixis's Q1 2026 revenue and EPS?: Exelixis reported revenue of $555.4M and diluted EPS of $0.62 for Q1 2026.
Did Exelixis beat estimates in Q1 2026?: Revenue beat the consensus estimate of $499.6M by $55.8M. EPS beat the consensus estimate of $0.36 by $0.26.
How did Exelixis's Q1 2026 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 30.6% from $425.2M a year earlier and diluted EPS grew 264.7% from $0.17.
Where can I find Exelixis's Q1 2026 SEC filings?: You can read the 10-Q periodic report (0000939767-25-000075) directly on SEC EDGAR. The filing index links above go to sec.gov.