Exelixis (EXEL) Tax Rate (2010 - 2026)
Exelixis (EXEL) posted quarterly Tax Rate of 21.38% for Q2 2026, down 102.0% year-over-year from 1068.79% in Q2 2025, and up 561.93% quarter-over-quarter from 3.23% in Q1 2026.
Analysis
Exelixis (EXEL) Tax Rate (2010 - 2026) Analysis & Trends
Exelixis' Tax Rate history runs 14 years deep, the most recent figure standing at 21.38% for Q2 2026.
- In Q2 2026, Tax Rate fell 102.0% year-over-year to 21.38%; the TTM figure through Apr 2026 stood at 16.92% (down 628.0% YoY), while the FY2026 annual figure was 16.85%, down 667.0% from the prior year.
- Tax Rate for Q2 2026 stood at 21.38%, up from 3.23% in the prior quarter.
- The five-year high for Tax Rate was 82.11% in Q3 2023, with the low at 3.23% in Q1 2026.
- The 5-year median for Tax Rate is 20.46% (2022), against an average of 22.63%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 15991 bps in 2022, then jumped 6165 bps in 2023.
- Exelixis' Tax Rate stood at 3.99% in 2022, then surged by 326 bps to 17.0% in 2023, then surged by 40 bps to 23.77% in 2024, then declined by 2 bps to 23.31% in 2025, then dropped by 8 bps to 21.38% in 2026.
- Business Quant data shows EXEL's Tax Rate at 21.38% in Q2 2026, 3.23% in Q1 2026, and 23.31% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -10.89% |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | -1.96% |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 24.15% |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 7.49% |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | -16.71% |
| 10 | Exelixis | 14.81 Bn | 13.97 Bn | 608.03 Mn | 19.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 19.27% |
| Apr 3, 2026 | 21.38% |
| Jan 2, 2026 | 3.23% |
| Oct 3, 2025 | 23.31% |
| Jul 4, 2025 | 19.78% |
| Apr 4, 2025 | 22.40% |
| Jan 3, 2025 | 24.31% |
| Sep 27, 2024 | 23.77% |
| Jun 28, 2024 | 22.79% |
| Mar 29, 2024 | 24.26% |
| Dec 29, 2023 | 17.00% |
| Sep 29, 2023 | 82.11% |
| Jun 30, 2023 | 19.13% |
| Mar 31, 2023 | 17.09% |
| Dec 30, 2022 | 3.99% |
| Sep 30, 2022 | 20.46% |
| Jul 1, 2022 | 20.15% |
| Apr 1, 2022 | 19.54% |
| Dec 31, 2021 | 19.37% |
| Oct 1, 2021 | 28.27% |