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Exelixis EXEL Operating Income

Operating Income at other companies

Incyte logo
IncyteINCY
$301.12M+46.8%
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
-$117.42M+20.0%
BridgeBio Pharma logo
BridgeBio PharmaBBIO
-$105.96M-1.5%
Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
$193.4M+719%
Jazz Pharmaceuticals logo
Jazz PharmaceuticalsJAZZ
$336.6M+702%
ALN
Alnylam PharmaceuticalsALNY

Other financials

Income statement

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Revenue$610.8M+10.0%
Gross profit$590.9M+10.2%
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:OperatingIncomeLoss.

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 operating income?
Exelixis (EXEL) reported operating income of $251.34M in Q1 2026.
How has Exelixis's operating income changed year-over-year?
Exelixis's operating income increased by 34.5% year-over-year, from $186.86M to $251.34M.
What is the long-term trend for Exelixis's operating income?
Over 3 years (2021 to 2025), Exelixis's operating income has grown at a 44.9% compound annual growth rate (CAGR), from $286.67M to $872.19M.
What does operating income mean?
Profit earned from core business operations before interest and taxes.
How do you interpret operating income?
Higher operating income indicates strong operational efficiency and successful commercialization of products.
How does operating income compare across companies?
The primary metric for comparing operational performance across the biopharma industry.