$51.60
+6.3%Exelixis, Inc., an oncology-focused biotechnology company, focuses on the discovery, development, and commercialization of new medicines to treat cancers in the United States. The company's products include CABOMETYX tablets for the treatment of patients with advanced renal cell carcinoma who received prior anti-angiogenic therapy; and COMETRIQ capsules for the treatment of patients with progressive and metastatic medullary thyroid cancer. Its CABOMETYX and COMETRIQ are derived from cabozantinib, an inhibitor of multiple tyrosine kinases, including MET, AXL, RET, and VEGF receptors. The company also offers COTELLIC, an inhibitor of MEK as a combination regimen to treat advanced melanoma; and MINNEBRO, an oral non-steroidal selective blocker of the mineralocorticoid receptor for the treatment of hypertension in Japan. In addition, it is developing XL092, an oral tyrosine kinase inhibitor that targets VEGF receptors, MET, AXL, MER, and other kinases implicated in growth and spread of cancer; XB002, an antibody-drug conjugate composed of human mAb against tissue factor (TF) for the treatment of advanced solid tumors; XL102, an orally bioavailable cyclin-dependent kinase 7 (CDK7) inhibitor for the treatment of advanced or metastatic solid tumors; and XB002 for the treatment of non-hodgkin's lymphoma. Exelixis, Inc. has research collaborations and license agreements with Ipsen Pharma SAS; Takeda Pharmaceutical Company Ltd.; F. Hoffmann-La Roche Ltd.; Redwood Bioscience, Inc.; R.P. Scherer Technologies, LLC; Catalent Pharma Solutions, Inc.; NBE Therapeutics AG; Aurigene Discovery Technologies Limited; Iconic Therapeutics, Inc.; Invenra, Inc.; StemSynergy Therapeutics, Inc.; Genentech, Inc.; Bristol-Myers Squibb Company; and Daiichi Sankyo Company, Limited. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was incorporated in 1994 and is headquartered in Alameda, California.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.
Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.
EXEL โข NASDAQ
| Exelixis, Inc. Cash Flow Statement | Jan 2026 | Jan 2025 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
782.6M | 521.3M | 207.8M | 182.3M | 231.1M | 111.8M | 321M | 690.1M | 154.2M | -70.2M | -169.7M | -268.5M | -244.8M | -147.6M | 75.7M | -92.3M | -139.6M | -162.9M | -86.4M | -101.5M | |
29.1M | 28.8M | 25.7M | 20.9M | 13.6M | 9.1M | 8.3M | 7.8M | 1.2M | 1M | 1.4M | 2.4M | 3.1M | 5.7M | 6.8M | 10.5M | 12.6M | 13.2M | 11.3M | 16.9M | |
126.2M | -59.5M | -133.2M | -60.4M | 46.5M | 15.3M | 71M | -244.1M | 3.3M | 11.4M | 436K | -2.7M | 0.0 | -950K | -77.5M | -4.9M | 7.8M | 0.0 | 0.0 | -39.3M | |
113M | 93.8M | 106.3M | 107.6M | 119.8M | 105.1M | 56.6M | 44.3M | 23.9M | 22.9M | 22M | 10M | 12M | 8.8M | 12.1M | 21.1M | 22.9M | 0.0 | 0.0 | 17.6M | |
24.6M | 129M | 140.7M | 125M | 28.8M | 7.9M | 2.9M | -2.6M | -10.1M | 13.9M | 30.2M | 33.7M | 33.1M | 19.5M | 88.5M | 6.8M | 1.6M | 6.6M | -40.5M | 18.4M | |
(155.3M) | (170.5M) | (185.7M) | (127.9M) | (13M) | (4.1M) | (7.9M) | (10.7M) | (538K) | (190K) | (192K) | (60K) | (0.0) | (1.1M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-191.2M | -13.5M | -14M | -12.8M | -39M | -40.1M | 67.1M | -79.8M | -6.9M | 227.3M | -25.8M | -10.3M | -2.3M | -8.6M | -264.9M | -42.3M | 80.1M | 133.3M | 46.8M | 42.6M | |
884.3M | 700M | 333.3M | 362.6M | 400.8M | 209M | 527M | 415.7M | 165.6M | 206.3M | -141.6M | -235.4M | -198.8M | -123.1M | -159.2M | -101M | -14.6M | -9.8M | -68.7M | -45.3M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
(0.0) | -28.4M | -40.5M | -27.7M | -54.2M | -30.3M | -12.8M | -33.3M | -21.1M | -1.7M | -447K | -474K | -2.2M | -2.7M | -991K | -1.8M | -5.9M | -15.1M | -17.4M | -11.6M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (308K) | (164K) | (2.5M) | (95K) | (838K) | (143K) | (1.9M) | (3M) | (9M) | (2.2M) | (9M) | (35.3M) | (10K) | |
-610.7M | -927.9M | -902.5M | -1.5B | -1.4B | -1.1B | -1.2B | -557.8M | -319.1M | -369.2M | -144M | -119.5M | -190M | -533.5M | -237.2M | -167.3M | -161.2M | -2.7M | -206.1M | -134.1M | |
1B | 877.3M | 1B | 1.1B | 1.4B | 969.4M | 608.3M | 293M | 376.9M | 153.8M | 178.9M | 252.9M | 325.2M | 310.8M | 182.2M | 140.4M | 55M | 126.9M | 182.8M | 120.9M | |
-61.8M | -37.8M | -122.5M | -110.8M | -10M | 0.0 | 0.0 | 308K | -1M | -1.4M | 15.5M | 12.6M | 11.2M | -36M | 1.5M | 165K | -2.4M | 3.2M | 2.4M | 3M | |
(350.4M) | -116.8M | -27M | -524.4M | -42.9M | -131.2M | -587.2M | -297.9M | (35.8M) | -216M | (50.1M) | (146.3M) | (144.4M) | -259.5M | -51.5M | -19.6M | -112.3M | (121.4M) | -3M | -21.7M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-898.4M | -652M | -550.4M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 145.6M | 75.6M | 0.0 | 203.5M | 179.4M | 0.0 | 3.8M | 4.2M | 83.8M | 96.5M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -13K | -185.8M | -7.7M | -4.4M | -11.7M | -13.2M | 272.8M | -6M | 125.4M | -38.1M | -3.8M | 490K | -27.2M | |
-947.5M | -652M | -550.4M | (0.0) | (0.0) | (0.0) | (0.0) | -7.6M | -6.6M | -4.1M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-71.2M | 23.2M | 4.3M | 586K | -14.8M | -25.1M | 12.6M | 9.7M | 15.9M | 23.4M | 0.0 | 1.6M | 1.5M | 2.1M | 14.2M | 5.8M | 248K | 310K | 0.0 | 40M | |
-969.6M | -628.8M | -546.1M | 586K | -14.8M | -25.1M | 12.6M | 9.7M | -169.9M | 19.8M | 152.7M | 65.5M | -11.7M | 478.4M | 187.5M | 131.3M | -34M | 630K | 84.2M | 109.3M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -402K | -263K | |
265.1M | -45.6M | -239.7M | -161.2M | 343.1M | 52.6M | -47.7M | 127.6M | 31.5M | 10.1M | 61.2M | -23.6M | -66.1M | 95.8M | -23.2M | 10.6M | -160.9M | 112.2M | 12.1M | 42M | |
217.4M | 263M | 502.7M | 663.9M | 320.8M | 268.1M | 315.9M | 188.3M | 151.7M | 141.6M | 80.4M | 104M | 170.1M | 74.3M | 97.4M | 86.8M | 247.7M | 135.5M | 123.4M | 81.3M | |
482.5M | 217.4M | 263M | 502.7M | 663.9M | 320.8M | 268.1M | 315.9M | 183.2M | 151.7M | 141.6M | 80.4M | 104M | 170.1M | 74.3M | 97.4M | 86.8M | 247.7M | 135.5M | 123.4M | |
844.3M | 633.8M | 170.4M | 224.2M | 336.6M | 178.6M | 514.1M | 382.4M | 144.5M | 204.6M | -142M | -235.9M | -200.9M | -125.9M | -160.2M | -102.9M | -20.5M | -24.9M | -86.1M | -56.9M |
EXEL - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 29, 2026 | May 26, 2026 | 2026 | |
10-Q 10-Q 2026 Q2 Q2 | May 05, 2026 | April 03, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 05, 2026 | May 05, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 15, 2026 | May 26, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 10, 2026 | February 10, 2026 | 2026 | |
10-K 10-K 2026 FY FY | February 10, 2026 | January 02, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 12, 2026 | January 11, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 07, 2025 | November 04, 2025 | 2025 | |
10-Q 10-Q 2025 Q4 Q4 | November 04, 2025 | October 03, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 04, 2025 | November 04, 2025 | 2025 |
Continue your EXEL research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.