Exelixis (EXEL) Gross Margin (2012 - 2026)
Exelixis (EXEL) posted quarterly Gross Margin of 96.73% for Q2 2026, up 18.0% year-over-year from 81.98% in Q2 2025, and up 1.21% quarter-over-quarter from 95.58% in Q1 2026.
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Exelixis (EXEL) Gross Margin (2012 - 2026) Analysis & Trends
Exelixis' Gross Margin history runs 15 years deep, the most recent figure standing at 96.73% for Q2 2026.
- In Q2 2026, Gross Margin rose 18.0% year-over-year to 96.73%; the TTM figure through Apr 2026 stood at 96.44% (down 33.0% YoY), while the FY2026 annual figure was 96.39%, down 9.0% from the prior year.
- Gross Margin for Q2 2026 stood at 96.73%, up from 95.58% in the prior quarter.
- The five-year high for Gross Margin was 97.23% in Q2 2024, with the low at 95.0% in Q1 2024.
- The 5-year median for Gross Margin is 96.48% (2025), against an average of 96.33%.
- The sharpest annual moves came in 2024 and 2025: Gross Margin plunged 150 bps in 2024, then surged 155 bps in 2025.
- Exelixis' Gross Margin stood at 96.24% in 2022, then slipped by 1 bps to 95.46% in 2023, then climbed by 1 bps to 96.79% in 2024, then rose by 0 bps to 96.89% in 2025, then dropped by 0 bps to 96.73% in 2026.
- Business Quant data shows EXEL's Gross Margin at 96.73% in Q2 2026, 95.58% in Q1 2026, and 96.89% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 85.33% |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 91.59% |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | 90.43% |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 35.86% |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 89.76% |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 76.90% |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 84.20% |
| 10 | Exelixis | 14.81 Bn | 13.97 Bn | 608.03 Mn | 96.71% |
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 96.71% |
| Apr 3, 2026 | 96.73% |
| Jan 2, 2026 | 95.58% |
| Oct 3, 2025 | 96.89% |
| Jul 4, 2025 | 96.57% |
| Apr 4, 2025 | 96.55% |
| Jan 3, 2025 | 96.48% |
| Sep 27, 2024 | 96.79% |
| Jun 28, 2024 | 97.23% |
| Mar 29, 2024 | 95.00% |
| Dec 29, 2023 | 95.46% |
| Sep 29, 2023 | 96.02% |
| Jun 30, 2023 | 96.23% |
| Mar 31, 2023 | 96.50% |
| Dec 30, 2022 | 96.24% |
| Sep 30, 2022 | 96.28% |
| Jul 1, 2022 | 96.79% |
| Apr 1, 2022 | 96.29% |
| Oct 1, 2021 | 96.38% |
| Jul 2, 2021 | 96.14% |