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Exelixis, Inc.

$56.5

-0.7 (-1.23%)

B 70Pipeline Score Fair Value Biotech · Commercial
Market Cap
12.61 B
EPS
3.13
P/E Ratio
16.62 $
Value Trade
151.74 M
SEC Financials
Q2 2026
  • Dilution Risk

    5%
  • Revenue

    610.81 M

  • R&D Expenses

    199.92 M

  • Operating CF

    251.84 M


  • Total Assets

    2.59 B

  • Total Liabilities

    657.85 M

  • Equity

    1.94 B

  • D/E Ratio

    12,345

-1.84 %
Week
8.25 %
1 Month
13.9 %
3 Month
19.18 %
6 Month
105.95 %
5 Year
178.61 %
All Time
Cash Data
Profitable
  • Cash Position

    777.21 M

  • Monthly Burn

    -

  • Runway

    12,345 mo

  • Burn Trend

    Stable
  • SEC Filing

    May 5, 2026
Overview
Volume
3.22 M
52 Week Range
33.76 - 51.63
% held by Insiders
3.19 %
% held by Institutions
105.03 %
Enterprise Value
12.00 B
Total Shares
251.33 M
Short %
11.72 %
Float Shares
243.54 M
Company Description
HQ: 1851 HARBOR BAY PARKWAY, ALAME...
Employees:1,077

locked

Upcoming Catalyst
Catalyst Drug/Treatment Stage Probability of Approval Description Drug Type Therapeutic Area Source
zanzalintinib in combination with atezolizumab adult patients with metastatic colorectal cancer (mCRC) previously treated with fluoropyrimidine-, oxaliplatin- and irinotecan-based chemotherapy, and, if RAS wild-type, an anti-EGFR therapy
PDUFA

Subscribe to access the data.

Small Molecules
Oncology
zanzalintinib in combination with atezolizumab adult patients with metastatic colorectal cancer (mCRC) previously treated with fluoropyrimidine-, oxaliplatin- and irinotecan-based chemotherapy, and, if RAS wild-type, an anti-EGFR therapy
PDUFA

Subscribe to access the data.

Small Molecules
Oncology
zanzalintinib in combination with atezolizumab adult patients with metastatic colorectal cancer (mCRC) previously treated with fluoropyrimidine-, oxaliplatin- and irinotecan-based chemotherapy, and, if RAS wild-type, an anti-EGFR therapy
PDUFA

Subscribe to access the data.

Small Molecules
Oncology
Unlock Upcoming Catalyst data

Catalyst Timeline

Dated clinical, regulatory & corporate events for Exelixis, Inc.

387Total events
5Upcoming
127Tier-1 (high impact)
2017 – 2026Coverage

Upcoming catalysts 5

Dec 3, 2026
T1PDUFA Date
PDUFA target action date of December 3, 2026 for zanzalintinib NDA
Zanzalintinibpreviously treated metastatic colorectal cancerphase 3
TBD
T3Enrollment Update
Actively enrolling patients in STELLAR-311
Zanzalintinibadvanced neuroendocrine tumorsphase 2/3
2025-H2
T2Timing Guidance
Plans to announce next wave of zanzalintinib pivotal trials
Zanzalintinib
2025-H2
T2Trial Initiation
XB371 moving into clinical investigation
XB371Phase 1
TBD
T1FDA Filing Accepted
Plan to discuss STELLAR-303 results with regulators and file for approval
Zanzalintinibmetastatic colorectal cancer (CRC)Phase 3

Event history 382

Jun 22, 2026
Trial DiscontinuedZanzalintinibTrial
Phase 3 STELLAR-303 trial discontinued due to futility
metastatic colorectal cancersource ↗
Jun 18, 2026
Oral PresentationPresentation
Fireside chat at Jefferies Global Healthcare Conference
Jun 10, 2026
Oral PresentationPresentation
Fireside chat at Goldman Sachs 47th Annual Global Healthcare Conference
Jun 2026
Oral PresentationPresentation
Fireside chat at investor conference in June 2026
Jun 1, 2026
Oral PresentationcabozantinibPresentation
Rapid oral presentation of MAIN-CAV: maintenance cabozantinib and avelumab vs avelumab after first-line PBC in la/mUC
locally advanced/metastatic urothelial cancersource ↗
Jun 1, 2026
Poster PresentationcabozantinibPresentation
Poster on safety and feasibility of cabozantinib in combination with MAP in newly diagnosed high-risk osteosarcoma
newly diagnosed high-risk osteosarcomasource ↗
May 31, 2026
Poster PresentationcabozantinibPresentation
Poster on updated subgroup analysis of CheckMate-9ER: cabozantinib plus nivolumab vs sunitinib in aRCC with bone metastasis
advanced renal cell carcinoma with bone metastasissource ↗
May 31, 2026
Oral PresentationcabozantinibPresentation
Rapid oral presentation of PEMBROCABOSARC: pembrolizumab and cabozantinib in advanced UPS
advanced undifferentiated pleomorphic sarcomasource ↗
May 31, 2026
Poster PresentationZanzalintinibPresentation
Poster on ZAMBONI: zanzalintinib for mccRCC with bone metastases previously treated with immune checkpoint inhibitors
metastatic clear cell renal cell carcinoma with bone metastasessource ↗
May 30, 2026
Oral PresentationcabozantinibPresentation
Interim analysis of CaboMain: cabozantinib as maintenance therapy for pediatric solid tumors
ultra-high-risk pediatric solid tumorssource ↗
May 30, 2026
Poster PresentationcabozantinibPresentation
Poster on efficacy and safety of cabozantinib in advanced NET by hormone functional status: subgroup analysis of CABINET
advanced neuroendocrine tumorssource ↗
May 30, 2026
Poster PresentationZanzalintinibPresentation
Poster on contribution of atezolizumab to zanzalintinib + atezolizumab in previously treated mCRC from STELLAR-303
metastatic colorectal cancersource ↗
Drug Pipeline Intelligence
B70
Pipeline Score
$6.6B
Pipeline Value
Fair Value
Valuation Signal
17
Drugs Scored
1.7x
rNPV / MCap
Top 94%
Mid Cap
(rank 56 of 911)
Percentile Rank
Exelixis, Inc. holds a solid B-grade pipeline (70/100), with $7.7B risk-adjusted pipeline value, led by XL309 in Advanced Solid Tumor (Phase 1).
Showing 1 of 1 assets
DrugIndicationPhaseNCT IDPTRSrNPVStatusEnrollmentVelocityDesignCompletionML SignalLast Change
XL309
Small molecule
Advanced Solid TumorPhase 1NCT059328625% $1.6B RECRUITING 429 STALLED C (40) Aug 3, 2029ELEVATED_RISKLOW
May 26, 2026
Unlock Drug Pipeline Intelligence
Clinical Trial Results
Drug Name Indications Phase Date Trial Results Summary Title Source
CABOMETYX
neuroendocrine tumors
Phase 3
2026-05-30

non functional NET: hazard ratio 0.26, median PFS cabozantinib 9.4 months, median PFS placebo 3.1 months; functional NET: hazard ratio 0.4, median PFS cabozantinib 12.7 months, median PFS placebo 5.4 months

Read More

Exelixis Announces Results from Subgroup Analysis of Phase 3 CABINET Pivotal Trial Evaluating CABOMETYX® (cabozantinib) in Non-Functional and Functional Neuroendocrine Tumors at ASCO 2026

Read More
CABOMETYX
neuroendocrine tumors
Phase 3
2026-05-30

non functional NET: hazard ratio 0.26, median PFS cabozantinib 9.4 months, median PFS placebo 3.1 months; functional NET: hazard ratio 0.4, median PFS cabozantinib 12.7 months, median PFS placebo 5.4 months

Read More

Exelixis Announces Results from Subgroup Analysis of Phase 3 CABINET Pivotal Trial Evaluating CABOMETYX® (cabozantinib) in Non-Functional and Functional Neuroendocrine Tumors at ASCO 2026

Read More
CABOMETYX
neuroendocrine tumors
Phase 3
2026-05-30

non functional NET: hazard ratio 0.26, median PFS cabozantinib 9.4 months, median PFS placebo 3.1 months; functional NET: hazard ratio 0.4, median PFS cabozantinib 12.7 months, median PFS placebo 5.4 months

Read More

Exelixis Announces Results from Subgroup Analysis of Phase 3 CABINET Pivotal Trial Evaluating CABOMETYX® (cabozantinib) in Non-Functional and Functional Neuroendocrine Tumors at ASCO 2026

Read More
Unlock Clinical Trial Results data
Inside Trades
TREND
CORPORATE INSIDERS BOUGHT SHARES WORTH 1.8M IN THE LAST 3 MONTHS
YEARLY INSIDER TRANSACTIONS
Sector Avg.
INSIDERS
SOLD
INSIDERS
BOUGHT
POSITIVE SENTIMENT Based on 22 Insiders Transactions
Unlock Inside Trades data
Hedge Funds
TREND
HEDGE FUNDS INCREASED HOLDINGS BY 200.0K SHARES IN THE LAST QUARTER
Shares Held
2040.00B1530.00B1020.00B510.00B0
Q3
2024
Q4
2024
Q1
2025
Q2
2025
HEDGE FUNDS
SOLD
HEDGE FUNDS
BOUGHT
POSITIVE SENTIMENT Based on 27 hedge funds in the last quarter
18 buying (3 new)·9 selling (1 exited)·2 unchanged
Fund Count
60%
Share Volume
25%
Conviction
15%
HedgeFund Name
( 3 )
% of Portfolio Current MV
-
Shares Owned
-
Activity
Avg Price $0

Example Capital Management

2.5 %
15.00 M
250.00 K

Example Capital Management

2.5 %
15.00 M
250.00 K

Example Capital Management

2.5 %
15.00 M
250.00 K
Unlock Hedge Funds table data
EXEL Institutional Ownership Trends
Current Insider %
5.20%
+0.00%
Current Institutional %
62.40%
+0.00%
Total Ownership
67.60%
Insider + Institutional
Data Points
1
1 Ticker(s)
Option Chain Statistics
ExpirationVolumeOpen InterestImplied Volatility CallsImplied Volatility Puts
CallsPutsPut-Call RatioCallsPutsPut-Call RatioIVOiWaIvVWaIvIVOiWaIvVWaIv
2026-07-170 0.00 0 0 - - - - - -
2026-07-170 0.00 0 0 - - - - - -
2026-07-170 0.00 0 0 - - - - - -
Unlock Option Chain Statistics data
Option Chain
CallsStrikePuts
Last PriceVolumeOpen InterestLast PriceVolumeOpen Interest
No data available
Unlock Option Chain data
Unlock Options Chart data
Open interest
0 600K 1.2M 1.8M Avg OI 1.00 M Open Interest
0 1 2 3 1.1 Put-Call Ratio
Today's Open Interest
1.00 M
Put-Call Ratio
1.1
Put Open Interest
480.00 K
Call Open Interest
520.00 K
Open Interest Avg (30-day)
900,000
Today vs Open Interest Avg (30-day)
11.11%
Option Volume
0 450K 900K 1.4M Avg OV 750.00 K Option Volume
0 1 2 3 0.95 Put-Call Ratio
Today's Volume
750.00 K
Put-Call Ratio
0.95
Put Volume
360.00 K
Call Volume
390.00 K
Volume Avg (30-day)
800,000
Today vs Volume Avg (30-day)
-6.25%
Company News
EXEL
Jun 22, 2026
EXELPhases

Exelixis Provides Update on the Phase 3 STELLAR-303 Trial Evaluating Zanzalintinib in Combination with an Immune Checkpoint Inhibitor in Patients with Metastatic Colorectal Cancer

Exelixis has provided an update regarding the Phase 3 STELLAR-303 trial, which is evaluating the efficacy of Zanzalintinib in combination with an immune checkpoint inhibitor for patients suffering from metastatic colorectal cancer. The trial aims to assess the potential benefits of this combination therapy in improving patient outcomes.

Read more →
EXEL
May 30, 2026
EXELPhases

Exelixis Announces Results from Subgroup Analysis of Phase 3 CABINET Pivotal Trial Evaluating CABOMETYX® (cabozantinib) in Non-Functional and Functional Neuroendocrine Tumors at ASCO 2026

Exelixis has announced results from a subgroup analysis of the Phase 3 CABINET trial, which evaluates CABOMETYX in neuroendocrine tumors. The findings were presented at ASCO 2026, highlighting the drug's potential applications. Further details about the results and implications for treatment were not provided in the announcement.

Read more →
EXEL
May 28, 2026
EXELConferences/Events

Exelixis to Webcast Fireside Chats as Part of Upcoming Investor Conferences in June 2026

Exelixis, Inc. has announced its participation in fireside chats at upcoming investor conferences in June 2026. These presentations will be accessible via their website, with replays available for 30 days. The company emphasizes its commitment to advancing cancer care through innovative treatments and a robust pipeline.

Read more →
EXEL
May 27, 2026
EXELConferences/Events

Exelixis to Webcast Fireside Chats as Part of Upcoming Investor Conferences in June

Exelixis will host fireside chats during upcoming investor conferences in June. The events aim to engage with investors and discuss the company's strategies and developments. Specific details about the conferences or topics to be covered were not provided in the announcement.

Read more →
EXEL
May 21, 2026
EXELConferences/Events

Exelixis Announces Presentations at ASCO 2026 Highlighting Ongoing Studies in Diverse Tumor Types

Exelixis has announced its participation in ASCO 2026, where it will present ongoing studies related to various tumor types. The presentations aim to showcase the company's advancements in cancer research. Specific details about the studies or findings were not disclosed in the announcement.

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EXEL
May 19, 2026
EXELPhases

Exelixis Announces Clinical Development Collaboration with Merck for Phase 3 STELLAR-316 Pivotal Trial for Patients with Colorectal Cancer

Exelixis has announced a clinical development collaboration with Merck for the Phase 3 STELLAR-316 pivotal trial, focusing on patients with colorectal cancer. This partnership aims to enhance treatment options and advance research in this critical area. The collaboration signifies a strategic move to leverage combined expertise in oncology.

Read more →
EXEL
May 8, 2026
EXELConferences/Events

Exelixis to Webcast Fireside Chats as Part of Upcoming Investor Conferences in May 2026

Exelixis, Inc. has announced its participation in fireside chats at upcoming investor conferences in May 2026. The presentations will be available via webcast on the company's website, with replays accessible for at least 30 days. This initiative highlights Exelixis's commitment to transparency and engagement with its investor community.

Read more →
EXEL
May 7, 2026
EXELConferences/Events
▼ -5.1%on this newsshared move

Exelixis to Webcast Fireside Chats as Part of Upcoming Investor Conferences in May

Exelixis will host fireside chats during upcoming investor conferences in May. The events aim to engage with investors and provide insights into the company's strategies and developments. Specific details about the conferences and topics to be discussed were not provided in the article.

Read more →
EXEL
May 5, 2026
EXELGeneral

Exelixis Announces First Quarter 2026 Financial Results and Provides Corporate Update

Exelixis has announced its financial results for the first quarter of 2026 along with a corporate update. However, the article lacks specific details regarding the financial performance or any significant corporate developments. The information provided is minimal and does not elaborate on the implications of these results.

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EXEL
May 5, 2026
EXELGeneral

Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Andrew Peters SVP, Strategy Investor Relations Exelixis, Inc. 650-837-7248 apeters exelixis.com Exelixis Announces First Quar

Exelixis, Inc. reported financial results for the first quarter of 2026, with total revenues reaching $610.8 million, a significant increase from the previous year. The company provided updates on its ongoing research and development activities, including the FDA's acceptance of a New Drug Application for zanzalintinib in metastatic colorectal cancer. Additionally, Exelixis announced a stock repurchase program of up to $750 million to further support shareholder value. The financial results reflect stable growth in net product revenues, particularly from the cabozantinib franchise.

Read more →
EXEL
Apr 21, 2026
EXELConferences/Events
▲ +5.2%on this news

Exelixis to Release First Quarter 2026 Financial Results on Tuesday, May 5, 2026

Exelixis, Inc. will release its first quarter 2026 financial results on May 5, 2026, after market close. A conference call and webcast will follow at 5:00 p.m. ET to discuss the results and provide a business update. The event can be accessed via the company's website, with a replay available for one year.

Read more →
EXEL
Feb 25, 2026
EXELConferences/Events

Exelixis to Webcast Fireside Chats as Part of Upcoming Investor Conferences in March 2026

Exelixis, Inc. has announced its participation in fireside chats at upcoming investor conferences in March 2026. The webcasts will be available on their website, allowing investors to access the discussions and replays for 30 days. This initiative highlights Exelixis's commitment to transparency and engagement with its stakeholders.

Read more →
EXEL
Feb 11, 2026
EXELGeneral

Exelixis Announces Fourth Quarter and Fiscal Year 2025 Financial Results and Provides Corporate Update

Exelixis, Inc. announced strong financial results for Q4 and FY 2025, with total revenues reaching $599 million and $2.320 billion, respectively. The cabozantinib franchise generated significant growth, particularly in renal cell carcinoma and neuroendocrine tumors. Looking ahead, Exelixis is focused on expanding its oncology portfolio, particularly with zanzalintinib, which has a pending NDA for metastatic colorectal cancer. The company anticipates a milestone-rich 2026 with key clinical trial results expected.

Read more →
EXEL
Feb 10, 2026
EXELGeneral

Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Andrew Peters SVP, Strategy and Investor Relations Exelixis, Inc. 650-837-7248 apeters exelixis.com Exelixis Announces Fourth

Exelixis, Inc. reported strong financial results for the fourth quarter and fiscal year 2025, with total revenues reaching $599 million in Q4 and $2.320 billion for the year. The cabozantinib franchise saw robust demand, contributing to substantial revenue growth, especially in the renal cell carcinoma and neuroendocrine tumor markets. CEO Michael M. Morrissey highlighted upcoming key clinical readouts and the potential for further developments with zanzalintinib, indicating a promising outlook for 2026.

Read more →
EXEL
Feb 2, 2026
EXELFDA Updates

Exelixis Announces U.S. FDA Accepted the New Drug Application for Zanzalintinib in Combination with an Immune Checkpoint Inhibitor for Patients with Metastatic Colorectal Cancer

Exelixis announced that the FDA has accepted its New Drug Application for zanzalintinib in combination with atezolizumab for treating metastatic colorectal cancer. This application is based on positive results from the phase 3 STELLAR-303 trial, which showed significant improvements in overall survival. The FDA has set a target action date of December 3, 2026, for the review.

Read more →
EXEL
Jan 28, 2026
EXELConferences/Events

Exelixis to Release Fourth Quarter and Fiscal Year 2025 Financial Results on Tuesday, February 10, 2026

Exelixis, Inc. will announce its fourth quarter and fiscal year 2025 financial results on February 10, 2026. Following the release, a conference call and webcast will be held at 5:00 p.m. ET to discuss the results and provide a business update. The event will be accessible via the company's website.

Read more →
EXEL
Jan 11, 2026
EXELGeneral

Investor Contacts Andrew Peters SVP, Strategy and Investor Relations Exelixis, Inc. 650-837-7248 apeters exelixis.com Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Media Contact Ha

Exelixis, Inc. has reported preliminary financial results for fiscal year 2025, highlighting approximately $2.123 billion in net product revenues. The company provided optimistic financial guidance for 2026, forecasting net product revenues between $2.325 billion and $2.425 billion. CEO Michael Morrissey emphasized the company's commitment to developing key oncology franchises and advancing its drug pipeline. Zanzalintinib, which is under FDA review, could significantly impact future revenues, although guidance does not currently include its potential approval.

Read more →
EXEL
Nov 4, 2025
EXELGeneral

Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Susan Hubbard EVP, Public Affairs Investor Relations Exelixis, Inc. 650-837-8194 shubbard exelixis.com Exelixis Announces Thi

Exelixis, Inc. announced its third-quarter 2025 financial results, reporting total revenues of $597.8 million and a strong performance from its cabozantinib franchise, particularly in renal cell carcinoma and neuroendocrine tumors. The company intends to submit a new drug application for zanzalintinib by year-end following positive trial results. However, it also reported restructuring expenses related to a corporate reorganization and a decrease in collaboration revenues compared to the previous year.

Read more →
EXEL
Jul 28, 2025
EXELGeneral

Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Susan Hubbard EVP, Public Affairs Investor Relations Exelixis, Inc. 650-837-8194 shubbard exelixis.com Exelixis Announces Sec

Exelixis, Inc. reported its financial results for the second quarter of 2025, highlighting total revenues of $568.3 million, up from $637.2 million in Q2 2024. The company noted strong performance from its cabozantinib franchise, with U.S. net product revenues reaching $520.0 million. Furthermore, Exelixis announced positive results from the STELLAR-303 pivotal study, and updates were provided on the launch of CABOMETYX in advanced neuroendocrine tumors (NET). However, collaboration revenues experienced a marked decline compared to the previous year.

Read more →
EXEL
May 13, 2025
EXELGeneral

Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Susan Hubbard EVP, Public Affairs Investor Relations Exelixis, Inc. 650-837-8194 shubbard exelixis.com Exelixis Announces Fir

Exelixis, Inc. reported strong financial results for the first quarter of 2025, with total revenues of $555.4 million and a significant increase in net product revenues driven by CABOMETYX. The company has raised its revenue guidance for the year by $100 million, reflecting positive market demand and sales growth. Exelixis also noted the rapid mobilization for the CABOMETYX launch in advanced neuroendocrine tumors and its plans for multiple pipeline milestones later in 2025. However, there were decreases in collaboration revenues, and operating costs, particularly in R&D and SG&A, could pose challenges moving forward.

Read more →
EXEL
Feb 20, 2025
EXELGeneral

Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Susan Hubbard EVP, Public Affairs Investor Relations Exelixis, Inc. 650-837-8194 shubbard exelixis.com Exelixis Announces a N

Exelixis, Inc. has announced the authorization of a new $500 million stock repurchase program expected to commence after the current program is completed in Q2 2025. This move follows the company's previous repurchases totaling over $1.2 billion, reflecting its commitment to enhance shareholder value. Exelixis continues to innovate within the oncology space with a focus on expanding its pipeline of cancer treatments. However, the execution of this program is subject to market conditions and other factors that could impact the timing and amount of repurchased shares.

Read more →
EXEL
Feb 11, 2025
EXELGeneral

Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Susan Hubbard EVP, Public Affairs Investor Relations Exelixis, Inc. 650-837-8194 shubbard exelixis.com Exelixis Announces Fou

Exelixis, Inc. announced its financial results for the fourth quarter and fiscal year 2024, revealing a total revenue of $567 million for the quarter and $2.17 billion for the year. The cabozantinib franchise was a major contributor, generating $1.81 billion in U.S. net product revenues for the fiscal year. The company highlighted ongoing developments in its pipeline, including expected pivotal data for new cancer treatments in 2025. With a positive outlook for future growth, Exelixis aims to enhance care standards for cancer patients.

Read more →
EXEL
Jan 12, 2025
EXELGeneral

Investor Contacts Susan Hubbard EVP, Public Affairs Investor Relations Exelixis, Inc. 650-837-8194 shubbard exelixis.com Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Media Contact

Exelixis, Inc. has announced its preliminary unaudited financial results for the fiscal year 2024, showing significant revenues and providing optimistic financial guidance for 2025. The company expects a revenue increase driven by its cabozantinib franchise and multiple upcoming data readouts for its pipeline. Additionally, Exelixis is preparing for a potential FDA approval for cabozantinib's expansion into treating neuroendocrine tumors, with a notable target action date set for April 2025. The company also highlights its commitment to building an oncology business while ensuring strong capital allocation strategies.

Read more →
EXEL
Oct 29, 2024
EXELGeneral

Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Varant Shirvanian Director, Investor Relations Exelixis, Inc. 650-837-7917 vshirvanian exelixis.com Exelixis Announces Third

Exelixis, Inc. reported strong financial results for Q3 2024, with total revenues reaching $539.5 million, driven by net product revenues from cabozantinib. The company has received a favorable ruling related to cabozantinib patent litigation, enhancing its market position. Additionally, Exelixis announced a collaboration with Merck to advance zanzalintinib, which is expected to contribute to future growth. The company has raised its 2024 revenue guidance reflecting confidence in ongoing commercial performance and pipeline developments.

Read more →
EXEL
Apr 30, 2024
EXELGeneral

Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Varant Shirvanian Director, Investor Relations Exelixis, Inc. 650-837-7917 vshirvanian exelixis.com Exelixis Announces First

Exelixis, Inc. reported its financial results for Q1 2024, showing total revenues of $425 million, up from $408.8 million in Q1 2023. The company highlighted its progress in clinical development, including ongoing pivotal trials and plans for Investigational New Drug filings in 2024. Despite reporting restructuring expenses of $32.8 million, Exelixis is focused on expanding its cabozantinib franchise and enhancing its research and commercial strategies. The financial guidance for 2024 remains unchanged, with projected revenues between $1.825 billion and $1.925 billion.

Read more →
EXEL
Feb 6, 2024
EXELGeneral

Document Contacts Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Susan Hubbard EVP, Public Affairs Investor Relations Exelixis, Inc. 650-837-8194 shubbard exelixis.com Exelixis Anno

Exelixis, Inc. has reported robust financial results for the fourth quarter and fiscal year 2023, with total revenues of $1.83 billion. The company is focusing on expanding the cabozantinib franchise into neuroendocrine tumors and metastatic prostate cancer, driven by positive clinical data. Despite successes, they experienced a decline in collaboration revenues and ongoing legal challenges. Exelixis is committed to advancing a diverse pipeline and maintaining a strong financial position through potential restructuring.

Read more →
EXEL
Jan 7, 2024
EXELGeneral

Document Investor Contacts Susan Hubbard EVP, Public Affairs Investor Relations Exelixis, Inc. 650-837-8194 shubbard exelixis.com Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Medi

Exelixis, Inc. released its preliminary financial results for fiscal year 2023, reporting $1.630 billion in revenues from its cabozantinib franchise. For fiscal year 2024, the company projects net product revenues between $1.650 billion to $1.750 billion and plans to implement a corporate restructuring that will reduce its workforce by about 175 employees. Exelixis has also appointed two new experienced board members and announced a $450 million share repurchase program for 2024, aiming to enhance its operational efficiency and focus resources on advancing its drug pipeline.

Read more →
EXEL
May 7, 2023
EXELGeneral

Investor Contacts: Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner@exelixis.com Susan Hubbard EVP, Public Affairs & Investor Relations Exelixis, Inc. 650-837-8194 shubbard@exelixis.com Media Cont

Exelixis, Inc. announced the immediate resignation of Lance Willsey, M.D. from its Board of Directors. The Board supports Willsey's decision and is recommending that shareholders vote in favor of the remaining nominees for directors at the upcoming 2023 Annual Meeting. This resignation is believed to conclude Farallon Capital Management's proxy campaign against the company. Exelixis continues to prioritize the development of innovative cancer therapies while executing its Board refreshment strategy.

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EXEL
Feb 7, 2023
EXELGeneral

Document Contacts Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Susan Hubbard EVP, Public Affairs Investor Relations Exelixis, Inc. 650-837-8194 shubbard exelixis.com EXELIXIS ANNO

Exelixis, Inc. announced its financial results for Q4 and full year 2022, reporting total revenues of $423.9 million for the quarter and $1.61 billion for the full year. The cabozantinib franchise led the way with U.S. net product revenues of $1.40 billion. Despite an increase in revenues, the company reported a GAAP net loss for Q4 2022. Looking ahead, Exelixis plans to advance its biotherapeutic pipeline and initiate Phase 3 studies in 2023.

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EXEL
May 10, 2022
EXELGeneral

Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Susan Hubbard EVP, Public Affairs Investor Relations Exelixis, Inc. 650-837-8194 shubbard exelixis.com EXELIXIS ANNOUNCES FIR

Chief Financial Officer csenner exelixis.com EVP, Public Affairs Investor Relations shubbard exelixis.com EXELIXIS ANNOUNCES FIRST QUARTER 2022 FINANCIAL RESULTS AND PROVIDES CORPORATE UPDATE - Total Revenues of $356.0 million, Cabozantinib Franchise Revenues of $310.3 milli

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EXEL
Feb 17, 2022
EXELGeneral

Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Susan Hubbard EVP, Public Affairs Investor Relations Exelixis, Inc. 650-837-8194 shubbard exelixis.com EXELIXIS ANNOUNCES FOU

Chief Financial Officer csenner exelixis.com EVP, Public Affairs Investor Relations shubbard exelixis.com EXELIXIS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2021 FINANCIAL RESULTS AND PROVIDES CORPORATE UPDATE - Total Revenues of $451.1 Million for the Fourth Quarter of 2021,

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EXEL
Nov 2, 2021
EXELGeneral

Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner exelixis.com Susan Hubbard EVP, Public Affairs Investor Relations Exelixis, Inc. 650-837-8194 shubbard exelixis.com EXELIXIS ANNOUNCES THI

Chief Financial Officer csenner exelixis.com EVP, Public Affairs Investor Relations shubbard exelixis.com EXELIXIS ANNOUNCES THIRD QUARTER 2021 FINANCIAL RESULTS AND PROVIDES CORPORATE UPDATE - Total Revenues of $328.4 Million, Cabozantinib Franchise Revenues of $263.1 Milli

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EXEL
Aug 6, 2020
EXELGeneral

Exelixis Files Second Complaint in Patent Infringement Lawsuit against MSN Pharmaceuticals, Inc.

Chief Financial Officer csenner@exelixis.com EVP, Public Affairs & Investor Relations shubbard@exelixis.com EXELIXIS ANNOUNCES SECOND QUARTER 2020 FINANCIAL RESULTS AND PROVIDES CORPORATE UPDATE - Total Revenues of $259.5 Million, Cabozantinib Franchise Revenues of $178.7 Mi

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EXEL
May 5, 2020
EXELFDA Updates

Exelixis Partner Takeda Pharmaceutical Company Limited (Takeda) Receives Approval in Japan for CABOMETYX Tablets for the Treatment of Curatively Unresectable or Metastatic Renal Ce

Chief Financial Officer csenner@exelixis.com EVP, Public Affairs & Investor Relations shubbard@exelixis.com EXELIXIS ANNOUNCES FIRST QUARTER 2020 FINANCIAL RESULTS AND PROVIDES CORPORATE UPDATE - Total Revenue of $226.9 Million, Cabozantinib Franchise Revenue of $193.9 Milli

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EXEL
Feb 25, 2020
EXELGeneral

Document Contacts: Chris Senner Chief Financial Officer Exelixis, Inc. 650-837-7240 csenner@exelixis.com Susan Hubbard EVP, Public Affairs & Investor Relations Exelixis, Inc. 650-837-8194 shubbard@exelixis.com EXELIXIS A

Chief Financial Officer csenner@exelixis.com EVP, Public Affairs & Investor Relations shubbard@exelixis.com EXELIXIS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2019 FINANCIAL RESULTS AND PROVIDES CORPORATE UPDATE - Total Revenue of $240.3 Million for the Fourth Quarter of 2019,

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EXEL
Jan 2, 2020
EXELGeneral

Document Exelixis Outlines Key Priorities and Anticipated Milestones for 2020-21, Announces Preliminary Fourth Quarter and Full Year 2019 Financial Results, and Provides 2020 Financial Guidance - Company announces antici

Exelixis Outlines Key Priorities and Anticipated Milestones for 2020-21, Announces Preliminary Fourth Quarter and Full Year 2019 Financial Results, and Provides 2020 Financial Guidance - Company announces anticipated timelines for data readouts from six cabozantinib potentially

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