# EXELIXIS, INC. (EXEL) FY2026 Q2 P&L / Income Statement - Company: EXELIXIS, INC. (EXEL) - Period: 2026-04-04 to 2026-07-03 - Filing: Q2 FY2026 10-Q, filed 2026-08-05, accession number 0000939767-26-000098 - Page: https://plicit.ai/financials/exel/fy2026-q2-income-statement - Chart image: https://plicit.ai/charts/exel-fy2026-q2-income-statement-sankey.png ## Chart details: Revenue by Product and Service by Arrangement Income statement for 2026-04-04 through 2026-07-03. View: Product and Service by Collaborative Arrangement and Arrangement Other than Collaborative. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 628,690,000 US dollars - **Cost of goods sold**: 20,657,000 US dollars - **Gross profit (calculated)**: 608,033,000 US dollars - **Operating expenses (calculated)**: 359,619,000 US dollars - **Income from operations**: 248,414,000 US dollars - **Other income (expense), net (calculated)**: 14,264,000 US dollars - **Income before income taxes**: 262,678,000 US dollars - **Provision for income taxes**: 50,628,000 US dollars - **Segment and consolidated net income**: 212,050,000 US dollars - **Gross product revenues**: 812,782,000 US dollars - **License revenues - Collaborative Arrangement with Ipsen**: 50,539,000 US dollars - **License revenues - Collaborative Arrangement with Takeda**: 2,659,000 US dollars - **Collaboration services revenues - Collaborative Arrangement with Takeda**: 387,000 US dollars - **Undisclosed (calculated)**: 6,612,000 US dollars - **Research and development**: 211,987,000 US dollars - **Selling, general and administrative**: 147,632,000 US dollars - **Revenue before reconciliation (calculated)**: 872,979,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Discounts and allowances**: negative 239,757,000 US dollars. Reported reconciliation to consolidated revenue. - **Collaboration services revenues - Collaborative Arrangement with Ipsen**: negative 4,532,000 US dollars. Reported reconciliation to consolidated revenue. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue. ## Chart details: Revenue by Product and Service - Page: https://plicit.ai/financials/exel/fy2026-q2-income-statement/revenue-by-product-and-service - Chart image: https://plicit.ai/charts/exel-fy2026-q2-revenue-by-product-and-service-sankey.png Income statement for 2026-04-04 through 2026-07-03. View: Product and service (Revenues by Disaggregated Category). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 628,690,000 US dollars - **Cost of goods sold**: 20,657,000 US dollars - **Gross profit (calculated)**: 608,033,000 US dollars - **Operating expenses (calculated)**: 359,619,000 US dollars - **Income from operations**: 248,414,000 US dollars - **Other income (expense), net (calculated)**: 14,264,000 US dollars - **Income before income taxes**: 262,678,000 US dollars - **Provision for income taxes**: 50,628,000 US dollars - **Segment and consolidated net income**: 212,050,000 US dollars - **Gross product revenues**: 812,782,000 US dollars - **License revenues**: 59,810,000 US dollars - **Research and development**: 211,987,000 US dollars - **Selling, general and administrative**: 147,632,000 US dollars - **Revenue before reconciliation (calculated)**: 872,592,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Discounts and allowances**: negative 239,757,000 US dollars. Reported reconciliation to consolidated revenue. - **Collaboration services revenues**: negative 4,145,000 US dollars. Reported reconciliation to consolidated revenue. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue. ## Chart details: Revenue by Arrangement - Page: https://plicit.ai/financials/exel/fy2026-q2-income-statement/revenue-by-arrangement - Chart image: https://plicit.ai/charts/exel-fy2026-q2-revenue-by-arrangement-sankey.png Income statement for 2026-04-04 through 2026-07-03. View: Collaborative Arrangement and Arrangement Other than Collaborative. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 628,690,000 US dollars - **Cost of goods sold**: 20,657,000 US dollars - **Gross profit (calculated)**: 608,033,000 US dollars - **Operating expenses (calculated)**: 359,619,000 US dollars - **Income from operations**: 248,414,000 US dollars - **Other income (expense), net (calculated)**: 14,264,000 US dollars - **Income before income taxes**: 262,678,000 US dollars - **Provision for income taxes**: 50,628,000 US dollars - **Segment and consolidated net income**: 212,050,000 US dollars - **Collaborative Arrangement with Ipsen**: 46,007,000 US dollars - **Collaborative Arrangement with Takeda**: 3,046,000 US dollars - **Undisclosed (calculated)**: 579,637,000 US dollars - **Research and development**: 211,987,000 US dollars - **Selling, general and administrative**: 147,632,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Product and Service (2) - Page: https://plicit.ai/financials/exel/fy2026-q2-income-statement/revenue-by-product-and-service-2 - Chart image: https://plicit.ai/charts/exel-fy2026-q2-revenue-by-product-and-service-2-sankey.png Income statement for 2026-04-04 through 2026-07-03. View: Product and service (Net Product Revenues Disaggregated by Product). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 628,690,000 US dollars - **Cost of goods sold**: 20,657,000 US dollars - **Gross profit (calculated)**: 608,033,000 US dollars - **Operating expenses (calculated)**: 359,619,000 US dollars - **Income from operations**: 248,414,000 US dollars - **Other income (expense), net (calculated)**: 14,264,000 US dollars - **Income before income taxes**: 262,678,000 US dollars - **Provision for income taxes**: 50,628,000 US dollars - **Segment and consolidated net income**: 212,050,000 US dollars - **Cabometyx**: 570,648,000 US dollars - **Cometriq**: 2,377,000 US dollars - **License revenues**: 59,810,000 US dollars - **Research and development**: 211,987,000 US dollars - **Selling, general and administrative**: 147,632,000 US dollars - **Revenue before reconciliation (calculated)**: 632,835,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Collaboration services revenues**: negative 4,145,000 US dollars. Reported reconciliation to consolidated revenue. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/exel/fy2026-q2-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/exel-fy2026-q2-revenue-by-geography-sankey.png Income statement for 2026-04-04 through 2026-07-03. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 628,690,000 US dollars - **Cost of goods sold**: 20,657,000 US dollars - **Gross profit (calculated)**: 608,033,000 US dollars - **Operating expenses (calculated)**: 359,619,000 US dollars - **Income from operations**: 248,414,000 US dollars - **Other income (expense), net (calculated)**: 14,264,000 US dollars - **Income before income taxes**: 262,678,000 US dollars - **Provision for income taxes**: 50,628,000 US dollars - **Segment and consolidated net income**: 212,050,000 US dollars - **UNITED STATES**: 578,361,000 US dollars - **Europe**: 46,007,000 US dollars - **JAPAN**: 4,322,000 US dollars - **Research and development**: 211,987,000 US dollars - **Selling, general and administrative**: 147,632,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Product and Service (3) - Page: https://plicit.ai/financials/exel/fy2026-q2-income-statement/revenue-by-product-and-service-3 - Chart image: https://plicit.ai/charts/exel-fy2026-q2-revenue-by-product-and-service-3-sankey.png Income statement for 2026-04-04 through 2026-07-03. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 628,690,000 US dollars - **Cost of goods sold**: 20,657,000 US dollars - **Gross profit (calculated)**: 608,033,000 US dollars - **Operating expenses (calculated)**: 359,619,000 US dollars - **Income from operations**: 248,414,000 US dollars - **Other income (expense), net (calculated)**: 14,264,000 US dollars - **Income before income taxes**: 262,678,000 US dollars - **Provision for income taxes**: 50,628,000 US dollars - **Segment and consolidated net income**: 212,050,000 US dollars - **Net product revenues**: 573,025,000 US dollars - **Collaboration revenues**: 55,665,000 US dollars - **Research and development**: 211,987,000 US dollars - **Selling, general and administrative**: 147,632,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.