EXELIXIS INC

For the period ended Jun 28, 2024. Filed Aug 6, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 28, 2024 · Filed Aug 6, 2024

EXEL$70.58-1.6%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income (Unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(in thousands, except per share data)

	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
Revenues:
Net product revenues	$437,581	$409,646	$816,104	$773,046
License revenues	194,986	52,747	239,662	91,039
Collaboration services revenues	4,611	7,455	6,638	14,551
Total revenues	637,178	469,848	1,062,404	878,636
Operating expenses:
Cost of goods sold	17,667	17,705	38,923	32,020
Research and development	211,147	232,570	438,836	466,816
Selling, general and administrative	132,015	141,723	245,999	273,120
Restructuring	475	—	33,310	—
Total operating expenses	361,304	391,998	757,068	771,956
Income from operations	275,874	77,850	305,336	106,680
Interest income	17,258	22,541	37,152	42,043
Other expense, net	(287)	(5)	(376)	(59)
Income before income taxes	292,845	100,386	342,112	148,664
Provision for income taxes	66,729	19,208	78,679	27,458
Net income	$226,116	$81,178	$263,433	$121,206
Net income per share:
Basic	$0.78	$0.25	$0.89	$0.37
Diluted	$0.77	$0.25	$0.88	$0.37
Weighted-average common shares outstanding:
Basic	289,216	324,205	294,986	324,312
Diluted	293,974	327,305	299,752	326,792

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.