Exelixis (EXEL) Operating Expenses (2010 - 2026)

Exelixis' (EXEL) quarterly Operating Expenses came in at $359.5 million in Q2 2026, down 2.47% year-on-year from $368.6 million in Q2 2025, and down 1.09% quarter-over-quarter from $363.4 million in Q1 2026.

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.

  • On a quarterly basis, Operating Expenses fell 2.47% year-over-year to $359.5 million in Q2 2026; TTM through Apr 2026 was $1.4 billion, a 6.38% decrease from a year earlier, with the FY2026 full-year figure at $1.4 billion, down 7.43% from the prior year.
  • Operating Expenses slipped to $359.5 million in Q2 2026 per EXEL's latest filing, from $363.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $489.5 million in Q3 2023 and bottomed at $272.7 million in Q2 2022.
  • The 5-year median for Operating Expenses is $368.6 million (2025), against an average of $378.8 million.
  • Across the five-year window, Operating Expenses surged 48.73% in 2023 and dropped 17.58% in 2024, its largest moves.
  • Year by year, Operating Expenses 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.
  • Per Business Quant, the three latest EXEL Operating Expenses figures stand at $359.5 million (Q2 2026), $363.4 million (Q1 2026), and $361.2 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Exelixis 14.38 Bn 13.60 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