# EXELIXIS, INC. (EXEL) FY2026 YTD Q2 P&L / Income Statement - Company: EXELIXIS, INC. (EXEL) - Period: 2026-01-03 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-ytd-q2-income-statement - Chart image: https://plicit.ai/charts/exel-fy2026-ytd-q2-income-statement-sankey.png ## Chart details: Revenue by Product and Service by Arrangement Income statement for 2026-01-03 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**: 1,239,502,000 US dollars - **Cost of goods sold**: 40,610,000 US dollars - **Gross profit (calculated)**: 1,198,892,000 US dollars - **Operating expenses (calculated)**: 699,137,000 US dollars - **Income from operations**: 499,755,000 US dollars - **Other income (expense), net (calculated)**: 30,610,000 US dollars - **Income before income taxes**: 530,365,000 US dollars - **Provision for income taxes**: 107,848,000 US dollars - **Segment and consolidated net income**: 422,517,000 US dollars - **Gross product revenues**: 1,608,136,000 US dollars - **License revenues - Collaborative Arrangement with Ipsen**: 94,071,000 US dollars - **License revenues - Collaborative Arrangement with Takeda**: 10,312,000 US dollars - **Collaboration services revenues - Collaborative Arrangement with Takeda**: 3,238,000 US dollars - **Undisclosed (calculated)**: 12,375,000 US dollars - **Research and development**: 411,903,000 US dollars - **Selling, general and administrative**: 287,234,000 US dollars - **Revenue before reconciliation (calculated)**: 1,728,132,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Discounts and allowances**: negative 480,134,000 US dollars. Reported reconciliation to consolidated revenue. - **Collaboration services revenues - Collaborative Arrangement with Ipsen**: negative 8,496,000 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-ytd-q2-income-statement/revenue-by-product-and-service - Chart image: https://plicit.ai/charts/exel-fy2026-ytd-q2-revenue-by-product-and-service-sankey.png Income statement for 2026-01-03 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**: 1,239,502,000 US dollars - **Cost of goods sold**: 40,610,000 US dollars - **Gross profit (calculated)**: 1,198,892,000 US dollars - **Operating expenses (calculated)**: 699,137,000 US dollars - **Income from operations**: 499,755,000 US dollars - **Other income (expense), net (calculated)**: 30,610,000 US dollars - **Income before income taxes**: 530,365,000 US dollars - **Provision for income taxes**: 107,848,000 US dollars - **Segment and consolidated net income**: 422,517,000 US dollars - **Gross product revenues**: 1,608,136,000 US dollars - **License revenues**: 116,758,000 US dollars - **Research and development**: 411,903,000 US dollars - **Selling, general and administrative**: 287,234,000 US dollars - **Revenue before reconciliation (calculated)**: 1,724,894,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Discounts and allowances**: negative 480,134,000 US dollars. Reported reconciliation to consolidated revenue. - **Collaboration services revenues**: negative 5,258,000 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-ytd-q2-income-statement/revenue-by-arrangement - Chart image: https://plicit.ai/charts/exel-fy2026-ytd-q2-revenue-by-arrangement-sankey.png Income statement for 2026-01-03 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**: 1,239,502,000 US dollars - **Cost of goods sold**: 40,610,000 US dollars - **Gross profit (calculated)**: 1,198,892,000 US dollars - **Operating expenses (calculated)**: 699,137,000 US dollars - **Income from operations**: 499,755,000 US dollars - **Other income (expense), net (calculated)**: 30,610,000 US dollars - **Income before income taxes**: 530,365,000 US dollars - **Provision for income taxes**: 107,848,000 US dollars - **Segment and consolidated net income**: 422,517,000 US dollars - **Collaborative Arrangement with Ipsen**: 85,575,000 US dollars - **Collaborative Arrangement with Takeda**: 13,550,000 US dollars - **Undisclosed (calculated)**: 1,140,377,000 US dollars - **Research and development**: 411,903,000 US dollars - **Selling, general and administrative**: 287,234,000 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-ytd-q2-income-statement/revenue-by-product-and-service-2 - Chart image: https://plicit.ai/charts/exel-fy2026-ytd-q2-revenue-by-product-and-service-2-sankey.png Income statement for 2026-01-03 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**: 1,239,502,000 US dollars - **Cost of goods sold**: 40,610,000 US dollars - **Gross profit (calculated)**: 1,198,892,000 US dollars - **Operating expenses (calculated)**: 699,137,000 US dollars - **Income from operations**: 499,755,000 US dollars - **Other income (expense), net (calculated)**: 30,610,000 US dollars - **Income before income taxes**: 530,365,000 US dollars - **Provision for income taxes**: 107,848,000 US dollars - **Segment and consolidated net income**: 422,517,000 US dollars - **Cabometyx**: 1,123,421,000 US dollars - **Cometriq**: 4,581,000 US dollars - **License revenues**: 116,758,000 US dollars - **Research and development**: 411,903,000 US dollars - **Selling, general and administrative**: 287,234,000 US dollars - **Revenue before reconciliation (calculated)**: 1,244,760,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Collaboration services revenues**: negative 5,258,000 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-ytd-q2-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/exel-fy2026-ytd-q2-revenue-by-geography-sankey.png Income statement for 2026-01-03 through 2026-07-03. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 1,239,502,000 US dollars - **Cost of goods sold**: 40,610,000 US dollars - **Gross profit (calculated)**: 1,198,892,000 US dollars - **Operating expenses (calculated)**: 699,137,000 US dollars - **Income from operations**: 499,755,000 US dollars - **Other income (expense), net (calculated)**: 30,610,000 US dollars - **Income before income taxes**: 530,365,000 US dollars - **Provision for income taxes**: 107,848,000 US dollars - **Segment and consolidated net income**: 422,517,000 US dollars - **UNITED STATES**: 1,136,907,000 US dollars - **Europe**: 85,575,000 US dollars - **JAPAN**: 17,020,000 US dollars - **Research and development**: 411,903,000 US dollars - **Selling, general and administrative**: 287,234,000 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-ytd-q2-income-statement/revenue-by-product-and-service-3 - Chart image: https://plicit.ai/charts/exel-fy2026-ytd-q2-revenue-by-product-and-service-3-sankey.png Income statement for 2026-01-03 through 2026-07-03. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 1,239,502,000 US dollars - **Cost of goods sold**: 40,610,000 US dollars - **Gross profit (calculated)**: 1,198,892,000 US dollars - **Operating expenses (calculated)**: 699,137,000 US dollars - **Income from operations**: 499,755,000 US dollars - **Other income (expense), net (calculated)**: 30,610,000 US dollars - **Income before income taxes**: 530,365,000 US dollars - **Provision for income taxes**: 107,848,000 US dollars - **Segment and consolidated net income**: 422,517,000 US dollars - **Net product revenues**: 1,128,002,000 US dollars - **Collaboration revenues**: 111,500,000 US dollars - **Research and development**: 411,903,000 US dollars - **Selling, general and administrative**: 287,234,000 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.