Exelixis, Inc. (EXEL)

Exelixis Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,169	1,830	1,611	1,435	987.54
Revenue Growth (YoY)	18.50%	13.60%	12.27%	45.31%	2.04%
Cost of Revenue	76.22	72.55	57.91	52.87	36.27
Gross Profit	2,092	1,758	1,553	1,382	951.27
Selling, General & Admin	492.13	542.71	459.86	401.72	293.36
Research & Development	910.41	1,044	891.81	693.72	547.85
Operating Expenses	1,403	1,587	1,352	1,095	841.21
Operating Income	689.95	170.89	201.48	286.67	110.06
Interest & Investment Income	77.16	86.54	33.07	7.67	19.87
Currency Exchange Gain (Loss)	-	-	1.2	0.8	-
Other Non Operating Income (Expenses)	-0.13	0.09	-1.4	-0.98	0.91
EBT Excluding Unusual Items	766.97	257.52	234.35	294.15	130.84
Merger & Restructuring Charges	-33.66	-	-	-	-
Asset Writedown	-51.67	-	-	-	-
Pretax Income	681.64	257.52	234.35	294.15	130.84
Income Tax Expense	160.37	49.76	52.07	63.09	19.06
Net Income	521.27	207.77	182.28	231.06	111.78
Net Income to Common	521.27	207.77	182.28	231.06	111.78
Net Income Growth	150.89%	13.98%	-21.11%	106.71%	-65.18%
Shares Outstanding (Basic)	290	318	322	315	308
Shares Outstanding (Diluted)	296	321	325	322	318
Shares Change (YoY)	-7.88%	-0.95%	0.68%	1.37%	0.95%
EPS (Basic)	1.80	0.65	0.57	0.73	0.36
EPS (Diluted)	1.76	0.65	0.56	0.72	0.35
EPS Growth	170.77%	16.07%	-22.22%	105.71%	-65.69%
Free Cash Flow	671.54	292.86	334.91	346.58	178.64
Free Cash Flow Per Share	2.27	0.91	1.03	1.07	0.56
Gross Margin	96.49%	96.04%	96.41%	96.31%	96.33%
Operating Margin	31.81%	9.34%	12.51%	19.98%	11.14%
Profit Margin	24.04%	11.35%	11.31%	16.10%	11.32%
Free Cash Flow Margin	30.96%	16.00%	20.79%	24.15%	18.09%
EBITDA	718.75	196.6	222.36	300.3	119.2
EBITDA Margin	33.14%	10.74%	13.80%	20.93%	12.07%
D&A For EBITDA	28.8	25.72	20.88	13.63	9.14
EBIT	689.95	170.89	201.48	286.67	110.06
EBIT Margin	31.81%	9.34%	12.51%	19.98%	11.14%
Effective Tax Rate	23.53%	19.32%	22.22%	21.45%	14.56%
Revenue as Reported	2,169	1,830	1,611	1,435	987.54
Advertising Expenses	43.5	40	41.6	31.8	25.1

Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q