Exelixis (EXEL) Operating Expenses (2010 - 2026)

Exelixis (EXEL) recorded quarterly Operating Expenses of $359.5 million in Q2 2026, down 1.09% quarter-over-quarter from $363.4 million in Q1 2026, and down 2.47% on a YoY basis from $368.6 million in Q2 2025.

Exelixis (EXEL) Operating Expenses (2010 - 2026) Analysis & Trends

Exelixis' Operating Expenses history runs 17 years deep, the most recent figure standing at $359.5 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 2.47% year-over-year to $359.5 million; the TTM figure through Apr 2026 stood at $1.4 billion (down 6.38% YoY), while the FY2026 annual figure was $1.4 billion, down 7.43% from the prior year.
  • Operating Expenses was $359.5 million for Q2 2026 at Exelixis, down from $363.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $489.5 million in Q3 2023 to a low of $272.7 million in Q2 2022.
  • Historically, Operating Expenses has averaged $378.8 million across 5 years, with a median of $368.6 million in 2025.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 48.73% in 2023, then decreased 17.58% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $472.0 million in 2022, then retreated by 15.71% to $397.9 million in 2023, then gained by 1.41% to $403.5 million in 2024, then slipped by 10.47% to $361.2 million in 2025, then fell by 0.48% to $359.5 million in 2026.
  • The last three Operating Expenses figures came in at $359.5 million (Q2 2026), $363.4 million (Q1 2026), and $361.2 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 719,706.53 Bn 719,706.50 Bn - 4.33 Mn
2 Belite Bio 55,800.00 Bn 55,800.00 Bn - 32.68 Mn
3 Quantum Biopharma 18,182.30 Bn 18,182.29 Bn - 2.97 Mn
4 Legend Biotech 3,154.00 Bn 3,153.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,844.30 Bn 1,844.29 Bn - 15.76 Mn
6 Evaxion A 1,567.96 Bn 1,567.94 Bn - -3.82 Mn
7 Psyence Biomedical 251.43 Bn 251.42 Bn - 574,669.00
8 Vertex Pharmaceuticals 112.56 Bn 105.31 Bn 2.59 Bn 1.85 Bn
9 Abivax 94.37 Bn 94.37 Bn - -67.40 Mn
10 Exelixis 13.37 Bn 12.59 Bn 590.86 Mn 359.47 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 359.47 Mn
Jan 2, 2026 363.45 Mn
Oct 3, 2025 361.22 Mn
Jul 4, 2025 354.69 Mn
Apr 4, 2025 368.59 Mn
Jan 3, 2025 403.55 Mn
Sep 27, 2024 403.47 Mn
Jun 28, 2024 361.30 Mn
Mar 29, 2024 395.76 Mn
Dec 29, 2023 397.86 Mn
Sep 29, 2023 489.50 Mn
Jun 30, 2023 392.00 Mn
Mar 31, 2023 379.96 Mn
Dec 30, 2022 472.00 Mn
Sep 30, 2022 329.13 Mn
Jul 1, 2022 335.72 Mn
Apr 1, 2022 272.74 Mn
Dec 31, 2021 334.50 Mn
Oct 1, 2021 276.80 Mn
Jul 2, 2021 262.17 Mn