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Exelixis EXEL Business Segments — Net Income

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Other financials

Income statement

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Revenue$628.7M+10.6%
Gross profit$608.0M+10.8%
Operating income$248.4M+16.3%
Net income$212.1M+14.7%
EPS (diluted)$0.82+26.2%

Balance sheet

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Cash & equivalents$281.4M+71.2%
Total debt$165.9M-7.7%
Total equity$1.8B-9.3%
Total assets$2.5B-6.9%

Cash flow

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Operating cash flow$307.7M+528%
CapEx$6.8M+140%
Free cash flow$300.9M+552%

Valuation

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Market cap$14.25B+40.4%
Enterprise value$14.14B+39.0%
P/E16.6×-0.3×
P/S5.9×+1.3×

Profitability

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Gross margin96.5%-0.1pp
Operating margin39.9%+8.5pp
Net margin35.3%+8.3pp
FCF margin48.1%+14.3pp

Returns & leverage

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Return on equity44.4%+15.4pp
Debt / equity0.1×0.0×
Current ratio3.5×-0.1×

Where this comes from

Reported directly by Exelixis in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Exelixis’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:13 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0000939767-26-000098
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other income (expenses), net5450273(195)
Income before income taxes262,678230,415530,365436,105
Provision for income taxes50,62845,567107,84891,641
Net income$212,050$184,848$422,517$344,464
Net income per share:
Basic$0.85$0.68$1.66$1.25
Diluted$0.82$0.65$1.60$1.20
Weighted-average common shares outstanding:

Item 1. Financial Statements.

FAQ

What is Exelixis's business segments — net income?
Exelixis (EXEL) reported business segments — net income of $212.05M in Q2 2026.
How has Exelixis's business segments — net income changed year-over-year?
Exelixis's business segments — net income increased by 14.7% year-over-year, from $184.85M to $212.05M.
What is the long-term trend for Exelixis's business segments — net income?
Over 3 years (2022 to 2025), Exelixis's business segments — net income has grown at a 62.5% compound annual growth rate (CAGR), from $182.28M to $782.57M.
What does business segments — net income mean?
The final bottom-line profit for the segment after accounting for all revenues, operating expenses, interest, and taxes. This is the primary measure of the segment's overall financial performance and profitability.

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