earnings
confidence high
sentiment positive
materiality 0.80
Exelixis Q1 2025: Revenue $555.4M, GAAP EPS $0.55; raises FY2025 guidance by $100M
EXELIXIS, INC.
2025-Q1 EPS reported
$0.55
revenue$555,447,000
- Total revenues $555.4M (up 31% YoY); Cabozantinib U.S. net product revenues $513.3M (up 36% YoY).
- GAAP diluted EPS $0.55 vs $0.12 in Q1 2024; Non-GAAP diluted EPS $0.62 vs $0.17.
- Increasing 2025 full year net product revenues and total revenues guidance by $100M.
- CABOMETYX launched in advanced NET after March FDA approval; initial reception positive.
- Pipeline milestones: zanzalintinib pivotal readouts in CRC, nccRCC expected H2 2025.