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Exelixis EXEL Net product revenues — Total revenues

Other product segments

Gross product revenues
$795.35M+10.2%
Discounts and allowances
-$240.38M-15.3%
License revenues
$56.95M+34.1%
Collaboration
$55.84M+32.4%
Collaboration services revenues
-$3.96M-211%

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$760.08M+3.5%
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$516M+16.0%
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CYTKNet Product Revenue — Revenue
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BBIONet Product Revenue — Revenue
$71.5M

Other financials

Income statement

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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

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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

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Operating cash flow$251.8M+19.1%
CapEx$1.5M-48.9%
Free cash flow$250.3M+20.1%

Valuation

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Market cap$13.05B+10.1%
Enterprise value$12.99B+9.5%
P/E15.7×-2.8×
P/S5.5×+0.3×

Profitability

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Gross margin96.4%-0.3pp
Operating margin39.4%+6.3pp
Net margin35.1%+7.1pp
FCF margin38.6%+2.9pp

Returns & leverage

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Return on equity41%+10.8pp
Debt / equity0.1×0.0×
Current ratio3.3×-0.2×

Where this comes from

Reported directly by Exelixis in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Exelixis’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Exelixis's net product revenues — total revenues?
Exelixis (EXEL) reported net product revenues — total revenues of $554.98M in Q1 2026.
How has Exelixis's net product revenues — total revenues changed year-over-year?
Exelixis's net product revenues — total revenues increased by 8.1% year-over-year, from $513.28M to $554.98M.
What is the long-term trend for Exelixis's net product revenues — total revenues?
Over 4 years (2021 to 2025), Exelixis's net product revenues — total revenues has grown at a 18.5% compound annual growth rate (CAGR), from $1.08B to $2.12B.
What does net product revenues — total revenues mean?
The total amount of money earned from selling the company's pharmaceutical products after accounting for standard industry deductions.
How do you interpret net product revenues — total revenues?
An increase indicates successful market penetration, strong physician adoption, or effective pricing strategies for the company's drug portfolio. A decrease may signal increased competition, loss of patent exclusivity, or challenges in patient access and reimbursement.
How does net product revenues — total revenues compare across companies?
This is a standard top-line metric for biopharmaceutical companies, comparable to 'Net Product Sales' reported by peers in the oncology and specialty drug sectors.