Skip to content

Exelixis EXEL Gross margin

Gross margin at other companies

Eli Lilly logo
Eli LillyLLY
82.8%+1.1pp
Pfizer logo
PfizerPFE
73.5%+1.2pp
Incyte logo
IncyteINCY
92.5%-0.2pp
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
98.4%-0.2pp
BridgeBio Pharma logo
BridgeBio PharmaBBIO
95.1%-0.2pp
Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
98.2%-0.3pp

Other financials

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

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

Profitability

See full
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×

Where this comes from

Calculated from Exelixis’s reported figures.

Based on trailing twelve months.

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

Ask your AI about Exelixis's gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Exelixis's gross margin?
Exelixis (EXEL) reported gross margin of 96.4% in Q1 2026.
How has Exelixis's gross margin changed year-over-year?
Exelixis's gross margin decreased by 0.3% year-over-year, from 96.8% to 96.4%.
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?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.