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What changed in Exelixis Inc's latest annual report

In the year ended 2 Jan 2026, Exelixis Inc's revenue rose 7% to USD 2.32bn, from USD 2.17bn; net income rose 50.1% to USD 782.57m, from USD 521.27m; cash and cash equivalents rose 122% to USD 482.49m, from USD 217.37m.

Year ended 2 Jan 2026. Source: 10-K filed 10 Feb 2026, read it on SEC EDGAR.

USD 2.17bn to USD 2.32bn

Revenue, up 7% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue2.17bn2.32bnUp 7%
Net income521.27m782.57mUp 50.1%
Total assets2.95bn2.84bnDown 3.5%
Total liabilities703.49m683.10mDown 2.9%
Cash and cash equivalents217.37m482.49mUp 122%
Shareholders' equity2.24bn2.16bnDown 3.7%

Questions people ask

Did Exelixis Inc's revenue grow last year?

Revenue grew 7%, from USD 2.17bn to USD 2.32bn in the year ended 2 Jan 2026.

Is Exelixis Inc profitable?

Yes. Net income was USD 782.57m in the year ended 2 Jan 2026. The year before: USD 521.27m.

How much cash and debt does Exelixis Inc have?

At its latest year end (2 Jan 2026), Exelixis Inc reported cash and cash equivalents of USD 482.49m.

Where do these numbers come from?

From Exelixis Inc's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Exelixis Inc (EXEL) 10-K: what changed year on year | LYNORIQ Insights