earnings
confidence high
sentiment positive
materiality 0.60
Exelixis Q2 2026 revenue $628.7M, GAAP EPS $0.82, non-GAAP EPS $0.91
EXELIXIS, INC.
- Total revenues $628.7M, up 11% YoY; cabozantinib U.S. net product revenues $573.0M.
- GAAP net income $212.1M ($0.82 diluted EPS) vs $184.8M ($0.65) in Q2 2025.
- Non-GAAP net income $237.1M ($0.91 diluted EPS) vs $212.6M ($0.75) YoY.
- R&D expenses $212.0M, SG&A $147.6M; both up YoY on clinical and marketing costs.
- Zanzalintinib potential launch in metastatic colorectal cancer pending regulatory approval later 2026.