Exelixis Inc (EXEL) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Exelixis Inc   (NASDAQ: EXEL)

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Description of Exelixis Inc's Business Segments


Exelixis Inc. is a prominent biotechnology company focused on developing and commercializing innovative cancer therapies. Its portfolio includes a variety of segments, products, and services specifically designed to address the needs of cancer patients and healthcare providers. Below is an extensive overview of its offerings:

1. Cabometyx (cabozantinib)

Cabometyx is Exelixis flagship product, recognized for its pivotal role in treating various types of advanced cancer. It is an oral, small-molecule therapy that primarily targets kidney cancer (renal cell carcinoma) and hepatocellular carcinoma (liver cancer), as well as medullary thyroid carcinoma.

Mechanism of Action:
Cabometyx works by inhibiting multiple receptor tyrosine kinases (RTKs), which are involved in tumor growth and angiogenesis (the formation of new blood vessels that supply the tumor). Its action disrupts critical signaling pathways that cancer cells exploit for survival and proliferation, effectively slowing down or halting cancer progression.

Indications:
- Advanced Renal Cell Carcinoma: Approved for first-line treatment and in previously treated patients.
- Hepatocellular Carcinoma: Approved in certain populations following prior treatments.
- Medullary Thyroid Carcinoma: Approved for use in specific cases.

Cabometyx has been well-received in various international markets, including the United States, Europe, and Japan, demonstrating a strong efficacy profile and an established safety record, often allowing it to be utilized as a standard of care in many treatment regimens.

Cometriq (cabozantinib)

Cometriq is specifically indicated for the treatment of medullary thyroid carcinoma (MTC). This oral therapy is designed for patients who have previously undergone surgical intervention but still require ongoing treatment to manage their cancer effectively.

Mechanism of Action:
Similar to Cabometyx, Cometriq functions by targeting specific RTKs associated with the growth and survival of cancer cells. Its selective action provides a therapeutic option specifically tailored for MTC, which is characterized by its unique molecular and pathophysiological features.

Indications:
- Medullary Thyroid Carcinoma: It is only approved for patients with MTC following surgical resection of the tumor, allowing for more effective management of residual disease.

Collaborative Research and Development

In addition to its proprietary products, Exelixis actively engages in collaborative research and development initiatives within the pharmaceutical industry. This includes a range of services aimed at supporting external partners as they navigate the complexities of drug development.

Services Offered:
- Preclinical and Clinical Research Support: Providing expertise and resources to assist in the design, implementation, and analysis of clinical trials.
- Drug Discovery and Analysis: Offering insights and guidance on potential therapeutic compounds, leveraging Exelixis’s extensive research capabilities and extensive database of drug discovery.

These collaborations often lead to shared advancements in oncology treatments, ultimately contributing to enhanced therapeutic options available for patients.

Cabozantinib

Apart from being a component of both Cabometyx and Cometriq, cabozantinib itself is a promising research compound utilized in ongoing investigations and development efforts. Exelixis provides cabozantinib as a research tool to partnering pharmaceutical companies.

Research Applications:
- Development of New Formulations: Exploring potential new indications for cabozantinib in combination with other therapies.
- Mechanistic Studies: Conducting fundamental research to better understand the pharmacodynamics and pharmacokinetics of cabozantinib.

Diagnostic Tests

Exelixis also focuses on diagnostic services aimed at cancer stratification and treatment optimization. The company has developed a suite of diagnostic tests to assist healthcare professionals in accurately identifying and diagnosing various cancers.

Key Diagnostic Offerings:
- Thyroid Cancer Tests: Products designed to detect and characterize thyroid malignancies, aiding in more precise therapeutic strategies.
- Prostate Cancer Tests: Tests that assess specific biomarkers to differentiate between various stages or aggressiveness of prostate cancer.

These diagnostics are critical for effective patient management, enabling healthcare providers to make informed decisions about treatment approaches based on genetic and molecular characteristics of tumors.

Conclusion

Exelixis Inc. stands at the forefront of oncology drug development and support services, characterized by an unwavering commitment to improving patient outcomes. Through its innovative therapies, collaborative research efforts, and advanced diagnostic tools, Exelixis seeks to deliver comprehensive solutions that address the complexities of cancer treatment, ultimately aiming to enhance the quality of life for cancer patients globally.


Composition of Exelixis Inc Revenues by Segments

 
Reportable Segment    100 % of total Revenue
Gross product revenues    130.21 % of total Revenue
Discounts and allowances    -39.35 % of total Revenue
Net product revenues    90.86 % of total Revenue
License revenues    9.32 % of total Revenue
Collaboration services revenues    -0.18 % of total Revenue
Collaboration revenues    9.14 % of total Revenue
U S    91.44 % of total Revenue
Europe    6.48 % of total Revenue
Japan    2.08 % of total Revenue
CABOMETYX    90.5 % of total Revenue
COMETRIQ    0.36 % of total Revenue
Ipsen And Takeda Collaborations    9.81 % of total Revenue
Collaborative Arrangement with Ipsen    6.48 % of total Revenue
License revenues Collaborative Arrangement with Ipsen    7.13 % of total Revenue
Collaboration services revenues Collaborative Arrangement with Ipsen    -0.65 % of total Revenue
Collaborative Arrangement with Takeda    1.72 % of total Revenue
License revenues Collaborative Arrangement with Takeda    1.25 % of total Revenue
Collaboration services revenues Collaborative Arrangement with Takeda    0.47 % of total Revenue

Q1 three months ended (Apr 03 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Reportable Segment 610.81 100 %
Gross product revenues 795.35 130.21 %
Discounts and allowances -240.38 -39.35 %
Net product revenues 554.98 90.86 %
License revenues 56.95 9.32 %
Collaboration services revenues -1.11 -0.18 %
Collaboration revenues 55.84 9.14 %
U S 558.55 91.44 %
Europe 39.57 6.48 %
Japan 12.70 2.08 %
CABOMETYX 552.77 90.5 %
COMETRIQ 2.20 0.36 %
Ipsen And Takeda Collaborations 59.90 9.81 %
Collaborative Arrangement with Ipsen 39.57 6.48 %
License revenues Collaborative Arrangement with Ipsen 43.53 7.13 %
Collaboration services revenues Collaborative Arrangement with Ipsen -3.96 -0.65 %
Collaborative Arrangement with Takeda 10.51 1.72 %
License revenues Collaborative Arrangement with Takeda 7.65 1.25 %
Collaboration services revenues Collaborative Arrangement with Takeda 2.85 0.47 %
Total 610.81 100 %




Q1 three months ended (Apr 03 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Reportable Segment 9.97 % -
Gross product revenues 10.2 % -
Discounts and allowances - -
Net product revenues 8.12 % -
License revenues 34.06 % -
Collaboration services revenues - -
Collaboration revenues 32.42 % -
U S 8 % -
Europe 20.98 % -
Japan 128.5 % -
CABOMETYX 8.2 % -
COMETRIQ -8.59 % -
Ipsen And Takeda Collaborations 40.94 % -
Collaborative Arrangement with Ipsen 20.98 % -
License revenues Collaborative Arrangement with Ipsen 28.11 % -
Collaboration services revenues Collaborative Arrangement with Ipsen - -
Collaborative Arrangement with Takeda 182.7 % -
License revenues Collaborative Arrangement with Takeda 177.38 % -
Collaboration services revenues Collaborative Arrangement with Takeda 198.01 % -
Total 9.97 % -73.67 %




Q1 three months ended (Apr 03 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Total 478.15 78.28 %




Q1 three months ended (Apr 03 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Total 30.89 % -72.26 %




Annual Report on Exelixis Inc Divisions, Sales by Country

 
Reportable Segment   Reportable Segment Segment contribution to total sales 100 % of total Revenue
Gross product revenues   Gross product revenues Segment contribution to total sales 129.81 % of total Revenue
Discounts and allowances   Discounts and allowances Segment contribution to total sales -38.32 % of total Revenue
Net product revenues   Net product revenues Segment contribution to total sales 91.5 % of total Revenue
License revenues   License revenues Segment contribution to total sales 9.24 % of total Revenue
Collaboration services revenues   Collaboration services revenues Segment contribution to total sales -0.74 % of total Revenue
Collaboration revenues   Collaboration revenues Segment contribution to total sales 8.5 % of total Revenue
U S   U S Segment contribution to total sales 92.25 % of total Revenue
Europe   Europe Segment contribution to total sales 6.64 % of total Revenue
Japan   Japan Segment contribution to total sales 1.1 % of total Revenue
CABOMETYX   CABOMETYX Segment contribution to total sales 91.09 % of total Revenue
COMETRIQ   COMETRIQ Segment contribution to total sales 0.41 % of total Revenue
Collaborative Arrangement with Ipsen   Collaborative Arrangement with Ipsen Segment contribution to total sales 6.64 % of total Revenue
License revenues Collaborative Arrangement with Ipsen   License revenues Collaborative Arrangement with Ipsen Segment contribution to total sales 7.34 % of total Revenue
Collaboration services revenues Collaborative Arrangement with Ipsen   Collaboration services revenues Collaborative Arrangement with Ipsen Segment contribution to total sales -0.69 % of total Revenue
Affiliates of Cencora Inc Sales revenue net   Affiliates of Cencora Inc Sales revenue net Segment contribution to total sales 0 % of total Revenue
Affiliates of Cencora Inc Accounts Receivable   Affiliates of Cencora Inc Accounts Receivable Segment contribution to total sales 0 % of total Revenue
Affiliates of McKesson Corporation Sales revenue net   Affiliates of McKesson Corporation Sales revenue net Segment contribution to total sales 0 % of total Revenue
Affiliates of McKesson Corporation Accounts Receivable   Affiliates of McKesson Corporation Accounts Receivable Segment contribution to total sales 0 % of total Revenue
Affiliates of CVS Health Corporation Sales revenue net   Affiliates of CVS Health Corporation Sales revenue net Segment contribution to total sales 0 % of total Revenue
Affiliates of CVS Health Corporation Accounts Receivable   Affiliates of CVS Health Corporation Accounts Receivable Segment contribution to total sales 0 % of total Revenue
Accredo Health Incorporated Sales revenue net   Accredo Health Incorporated Sales revenue net Segment contribution to total sales 0 % of total Revenue
Affiliates of Optum Specialty Pharmacy Sales revenue net   Affiliates of Optum Specialty Pharmacy Sales revenue net Segment contribution to total sales 0 % of total Revenue
Ipsen Pharma SAS Sales revenue net   Ipsen Pharma SAS Sales revenue net Segment contribution to total sales 0 % of total Revenue
Ipsen Pharma SAS Accounts Receivable   Ipsen Pharma SAS Accounts Receivable Segment contribution to total sales 0 % of total Revenue
Cardinal Health Inc Accounts Receivable   Cardinal Health Inc Accounts Receivable Segment contribution to total sales 0 % of total Revenue
Chargebacks Discounts for Prompt Payment and Other   Chargebacks Discounts for Prompt Payment and Other Segment contribution to total sales 26.58 % of total Revenue
Other Customer Credits Fees and Co-pay Assistance   Other Customer Credits Fees and Co-pay Assistance Segment contribution to total sales 3.01 % of total Revenue
Rebates   Rebates Segment contribution to total sales 9.2 % of total Revenue
Ispen Takeda Daiichi Sankyo And Genentech Collaborations   Ispen Takeda Daiichi Sankyo And Genentech Collaborations Segment contribution to total sales 9.18 % of total Revenue
Ispen And Takeda Collaborations   Ispen And Takeda Collaborations Segment contribution to total sales 0.93 % of total Revenue
Collaborative arrangement with Takeda   Collaborative arrangement with Takeda Segment contribution to total sales 0.83 % of total Revenue
License revenues Collaborative arrangement with Takeda   License revenues Collaborative arrangement with Takeda Segment contribution to total sales 0.87 % of total Revenue
Collaboration services revenues Collaborative arrangement with Takeda   Collaboration services revenues Collaborative arrangement with Takeda Segment contribution to total sales -0.04 % of total Revenue


Twelve months ended 2025
EXEL s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Reportable Segment 2,320.13 100 %
Gross product revenues 3,011.81 129.81 %
Discounts and allowances -889.00 -38.32 %
Net product revenues 2,122.80 91.5 %
License revenues 214.38 9.24 %
Collaboration services revenues -17.05 -0.74 %
Collaboration revenues 197.32 8.5 %
U S 2,140.37 92.25 %
Europe 154.17 6.64 %
Japan 25.59 1.1 %
CABOMETYX 2,113.37 91.09 %
COMETRIQ 9.44 0.41 %
Collaborative Arrangement with Ipsen 154.17 6.64 %
License revenues Collaborative Arrangement with Ipsen 170.27 7.34 %
Collaboration services revenues Collaborative Arrangement with Ipsen -16.11 -0.69 %
Total 2,320.13 100 %
Affiliates of Cencora Inc Sales revenue net 0.00 0 %
Affiliates of Cencora Inc Accounts Receivable 0.00 0 %
Affiliates of McKesson Corporation Sales revenue net 0.00 0 %
Affiliates of McKesson Corporation Accounts Receivable 0.00 0 %
Affiliates of CVS Health Corporation Sales revenue net 0.00 0 %
Affiliates of CVS Health Corporation Accounts Receivable 0.00 0 %
Accredo Health Incorporated Sales revenue net 0.00 0 %
Affiliates of Optum Specialty Pharmacy Sales revenue net 0.00 0 %
Ipsen Pharma SAS Sales revenue net 0.00 0 %
Ipsen Pharma SAS Accounts Receivable 0.00 0 %
Cardinal Health Inc Accounts Receivable 0.00 0 %
Chargebacks Discounts for Prompt Payment and Other 616.64 26.58 %
Other Customer Credits Fees and Co-pay Assistance 69.95 3.01 %
Rebates 213.39 9.2 %
Ispen Takeda Daiichi Sankyo And Genentech Collaborations 213.10 9.18 %
Ispen And Takeda Collaborations 21.50 0.93 %
Collaborative arrangement with Takeda 19.18 0.83 %
License revenues Collaborative arrangement with Takeda 20.13 0.87 %
Collaboration services revenues Collaborative arrangement with Takeda -0.95 -0.04 %


Twelve months ended 2025
EXEL s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Reportable Segment 782.57 33.73 %
Total 1,723.78 74.3 %

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Reportable Segment 6.98 % 50.13 %
Gross product revenues 19.6 % -
Discounts and allowances - -
Net product revenues 17.32 % -
License revenues -38.62 % -
Collaboration services revenues - -
Collaboration revenues -45.08 % -
U S 17.41 % -
Europe -51.62 % -
Japan -5.49 % -
CABOMETYX 17.52 % -
COMETRIQ -15.44 % -
Collaborative Arrangement with Ipsen -51.62 % -
License revenues Collaborative Arrangement with Ipsen -46.29 % -
Collaboration services revenues Collaborative Arrangement with Ipsen - -
Total 6.98 % 43.3 %
Affiliates of Cencora Inc Sales revenue net 22.22 % -
Affiliates of Cencora Inc Accounts Receivable 35.29 % -
Affiliates of McKesson Corporation Sales revenue net 18.75 % -
Affiliates of McKesson Corporation Accounts Receivable 8.7 % -
Affiliates of CVS Health Corporation Sales revenue net -11.76 % -
Affiliates of CVS Health Corporation Accounts Receivable -35 % -
Accredo Health Incorporated Sales revenue net 9.09 % -
Affiliates of Optum Specialty Pharmacy Sales revenue net 11.11 % -
Ipsen Pharma SAS Sales revenue net -53.33 % -
Ipsen Pharma SAS Accounts Receivable 5.56 % -
Cardinal Health Inc Accounts Receivable 20 % -
Chargebacks Discounts for Prompt Payment and Other 31.17 % -
Other Customer Credits Fees and Co-pay Assistance 10.41 % -
Rebates 19.02 % -
Ispen Takeda Daiichi Sankyo And Genentech Collaborations -39.44 % -
Ispen And Takeda Collaborations -46.91 % -
Collaborative arrangement with Takeda -10.26 % -
License revenues Collaborative arrangement with Takeda 55.83 % -
Collaboration services revenues Collaborative arrangement with Takeda - -
Total collaboration revenues - -
Affiliates of Cencora Inc formerly AmerisourceBergen Corporation Sales revenue net - -
Affiliates of Cencora Inc formerly AmerisourceBergen Corporation Accounts Receivable - -



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