R&D expense · 2011–2025

Exelixis R&D expense

$825M−9.4% · FY2025

Exelixis (EXEL) reported $825M in R&D expense for fiscal 2025, −9.4% year on year.

$157M2011$129M2012$179M2013$189M2014$96.4M2015$96.0M2016$112M2017$182M2018$337M2019$548M2020$694M2021$892M2022$1.0B2023$910M2024$825M2025
Exelixis — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252026-01-02$825M−9.4%Open →
FY20242025-01-03$910M−12.8%Open →
FY20232023-12-29$1.0B+17.1%Open →
FY20222022-12-30$892M+28.6%Open →
FY20212021-12-31$694M+26.6%Open →
FY20202021-01-01$548M+62.6%Open →
FY20192020-01-03$337M+84.9%Open →
FY20182018-12-28$182M+62.5%Open →
FY20172017-12-29$112M+16.9%Open →
FY20162016-12-31$96.0M−0.4%Open →
FY20152015-12-31$96.4M−49.0%Open →
FY20142014-12-31$189M+5.8%Open →
FY20132013-12-31$179M+38.7%Open →
FY20122012-12-31$129M−17.8%Open →
FY20112011-12-31$157M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +12.6%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Exelixis R&D expense |url=https://companiesranked.com/en/company/exelixis/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Exelixis R&D expense. CompaniesRanked. https://companiesranked.com/en/company/exelixis/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-exelixis-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Exelixis R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/exelixis/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0000939767-26-000021 · February 10, 2026

{{cite web |title=Exelixis R&D expense — 10-K (0000939767-26-000021) |url=https://www.sec.gov/Archives/edgar/data/939767/000093976726000021/exel-20260102.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-10}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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