Exelixis (EXEL) Research & Development (2010 - 2026)
Exelixis' (EXEL) quarterly Research & Development came in at $199.9 million in Q2 2026, down 5.8% year-on-year from $212.2 million in Q2 2025, and down 6.25% quarter-over-quarter from $213.2 million in Q1 2026.
Exelixis (EXEL) Research & Development (2010 - 2026) Analysis & Trends
Exelixis' Research & Development history runs 17 years deep, the most recent figure standing at $199.9 million for Q2 2026.
- On a quarterly basis, Research & Development fell 5.8% year-over-year to $199.9 million in Q2 2026; TTM through Apr 2026 was $812.7 million, a 9.19% decrease from a year earlier, with the FY2026 full-year figure at $825.0 million, down 9.38% from the prior year.
- Research & Development slipped to $199.9 million in Q2 2026 per EXEL's latest filing, from $213.2 million in the prior quarter.
- Across five years, Research & Development topped out at $336.8 million in Q4 2022 and bottomed at $156.7 million in Q2 2022.
- The 5-year median for Research & Development is $213.2 million (2026), against an average of $227.7 million.
- Across the five-year window, Research & Development jumped 512.41% in 2022 and tumbled 33.08% in 2024, its largest moves.
- Year by year, Research & Development stood at $336.8 million in 2022, then fell by 27.36% to $244.7 million in 2023, then fell by 9.03% to $222.6 million in 2024, then retreated by 10.52% to $199.2 million in 2025, then increased by 0.38% to $199.9 million in 2026.
- Per Business Quant, the three latest EXEL Research & Development figures stand at $199.9 million (Q2 2026), $213.2 million (Q1 2026), and $199.2 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 541.22 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -2.31 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 1.37 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 343.97 Mn |
| 10 | Exelixis | 14.38 Bn | 13.60 Bn | 590.86 Mn | 199.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 199.92 Mn |
| Jan 2, 2026 | 213.25 Mn |
| Oct 3, 2025 | 199.16 Mn |
| Jul 4, 2025 | 200.36 Mn |
| Apr 4, 2025 | 212.23 Mn |
| Jan 3, 2025 | 249.00 Mn |
| Sep 27, 2024 | 222.57 Mn |
| Jun 28, 2024 | 211.15 Mn |
| Mar 29, 2024 | 227.69 Mn |
| Dec 29, 2023 | 244.67 Mn |
| Sep 29, 2023 | 332.59 Mn |
| Jun 30, 2023 | 232.57 Mn |
| Mar 31, 2023 | 234.25 Mn |
| Dec 30, 2022 | 336.82 Mn |
| Sep 30, 2022 | 198.84 Mn |
| Jul 1, 2022 | 199.48 Mn |
| Apr 1, 2022 | 156.67 Mn |
| Dec 31, 2021 | 55.00 Mn |
| Oct 1, 2021 | 163.37 Mn |
| Jul 2, 2021 | 148.79 Mn |