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Exelixis EXEL Gross margin

Gross margin at other companies

Eli Lilly logo
Eli LillyLLY
83.4%+0.8pp
Pfizer logo
PfizerPFE
73.2%+1.1pp
Opko Health logo
Opko HealthOPK
40.8%+8.1pp
Incyte logo
IncyteINCY
92.6%-0.3pp
Gilead Sciences logo
Gilead SciencesGILD
79.6%+1.1pp
United Therapeutics logo
United TherapeuticsUTHR
86.1%-2.8pp

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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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

Calculated from Exelixis’s reported figures.

Based on trailing twelve months.

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

Filed
Aug 5, 2026, 4:13 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0000939767-26-000098

FAQ

What is Exelixis's gross margin?
Exelixis (EXEL) reported gross margin of 96.5% in Q2 2026.
How has Exelixis's gross margin changed year-over-year?
Exelixis's gross margin decreased by 0.1% year-over-year, from 96.6% to 96.5%.
What is the long-term trend for Exelixis's gross margin?
Over 5 years (2020 to 2025), Exelixis's gross margin has grown at a 0.0% compound annual growth rate (CAGR), from 96.3% to 96.4%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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