EXELIXIS, INC. R&D Expense

Quick Answer

EXELIXIS, INC. reported R&D Expense of $825.00 million for fiscal year 2025.

EXELIXIS, INC. R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2025 $825.00M -9.4%
2024 $910.41M -12.8%
2023 $1.04B +17.1%
2022 $891.81M +28.6%
2021 $693.72M +26.6%
2020 $547.85M +62.6%
2019 $336.96M +84.9%
2018 $182.26M +62.5%
2017 $112.17M +16.9%
2016 $95.97M -0.4%
2015 $96.35M -49.0%
2014 $189.10M +5.8%
2013 $178.76M +38.7%
2012 $128.88M -17.8%
2011 $156.84M -25.6%
2010 $210.68M -10.2%
2009 $234.70M

Quarterly R&D Expense

Quarter Ending R&D Expense YoY QoQ
September 30, 2025 $199.16M -10.5% -0.6%
June 30, 2025 $200.36M -5.1% -5.6%
March 31, 2025 $212.23M -6.8% -4.6%
September 30, 2024 $222.57M -33.1% +5.4%
June 30, 2024 $211.15M -9.2% -7.3%
March 31, 2024 $227.69M -2.8% -31.5%
September 30, 2023 $332.58M +67.3% +43.0%
June 30, 2023 $232.57M +16.6% -0.7%
  • EXELIXIS, INC. showed a decrease of -9.4% in R&D Expense compared to the prior fiscal year.
  • Over the 2009–2025 period, EXELIXIS, INC.’s r&d expense has grown by 251.5% (from $234.70 million to $825.00 million).
  • The most recent figure is from EXELIXIS, INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 10, 2026.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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