TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Get the Brief in your inbox

A daily, SEC-grounded read on the market — movers, earnings, and our boldest calls. Free.

TTENK/calls

SEC-grounded equity research — opinionated calls reasoned over real filings.

Research

  • The Brief
  • Markets
  • All Stocks
  • Screener
  • Discover
  • Research
  • The Flip Side
  • Track record

Tools

  • Compare
  • Congress trades
  • Events
  • Filing search
  • Options calculator
  • Leaderboards
  • Insider trades
  • 13F funds
  • Groups
  • Trending
  • News

More

  • Pricing
  • Feedback
  • Newsletter
  • Developers / API
  • Account
DisclosuresTermsPrivacy

Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Pulling SEC filings + quote and writing the call…

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback
Home›EXEL›Financials
Annual statements · SEC XBRL · FY2015 – FY2026

EXELIXIS, INC. (EXEL) financials

Income statement

EXELIXIS, INC. (EXEL) income statement, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2020FY2021FY2022FY2023FY2025FY2026
Revenue$37.2M$191M$452M$854M$968M$1.43B$1.61B$1.83B$2.17B$2.32B
Revenue growth—415.0%136.3%88.7%13.3%48.3%12.3%13.6%18.5%7.0%
Operating income-$121M-$28.1M$166M$439M$369M$287M$201M$171M$605M$872M
Operating margin-326.6%-14.7%36.7%51.4%38.2%20.0%12.5%9.3%27.9%37.6%
Net income-$162M-$70.2M$154M$690M$321M$231M$182M$208M$521M$783M
Net margin-435.1%-36.7%34.1%80.8%33.2%16.1%11.3%11.4%24.0%33.7%
EPS (diluted)-$0.77-$0.28$0.49$2.21$1.02$0.72$0.56$0.65$1.76$2.78

Cash flow

EXELIXIS, INC. (EXEL) cash flow, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2020FY2021FY2022FY2023FY2025FY2026
Operating cash flow-$142M$210M$166M$416M$527M$401M$363M$333M$700M$884M
Capital expenditures$447K$1.70M$21.1M$33.3M$12.8M$54.2M$27.7M$40.5M$28.4M$8.43M
Free cash flow-$142M$209M$144M$382M$514M$347M$335M$293M$672M$876M
Share buybacks—————$0.00$0.00$550M$652M$948M

Balance sheet

EXELIXIS, INC. (EXEL) balance sheet, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2020FY2021FY2022FY2023FY2025FY2026
Cash & equivalents$80.4M$152M$183M$315M$267M$647M$501M$263M$217M$482M
Total assets$332M$596M$655M$1.42B$1.89B$2.62B$3.07B$2.94B$2.95B$2.84B
Total liabilities$473M$506M$370M$135M$200M$406M$583M$678M$703M$683M
Long-term debt$418M$189M$0.00———————
Shareholders' equity-$159M$89.3M$285M$1.29B$1.69B$2.21B$2.49B$2.26B$2.24B$2.16B
Retained earnings-$1.91B-$1.98B-$1.83B-$880M-$559M-$217M-$34.2M-$173M-$98.6M-$76.8M
Shares (wtd avg diluted)228M251M312M313M315M322M325M321M296M282M

Every figure is extracted from EXELIXIS, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is EXELIXIS, INC.'s annual revenue?
EXELIXIS, INC. (EXEL) reported $2.32B of revenue for fiscal year 2026 — up 7.0% from $2.17B in FY2025, per its annual report filed with the SEC.
Is EXELIXIS, INC. profitable?
Yes — EXEL earned $783M of net income in FY2026, a 33.7% net margin, per SEC filings.
What is EXELIXIS, INC.'s free cash flow?
$876M in FY2026 (operating cash flow $884M minus $8.43M of capital expenditures), from the SEC cash-flow statement.
Does EXEL pay a dividend?
EXELIXIS, INC. reported no cash dividends paid in FY2026, per its SEC cash-flow statement.
Full EXEL analysis — verdict, score & filings →Is EXEL a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.