Filing Flows › Exelixis (EXEL) › Operating margin
Exelixis (EXEL) operating margin by quarter
Exelixis' operating margin was 40.8% in Q3 2026 (third quarter 2026), +1.2 pts from Q2 2026. Over the last 7 quarters it ranged from 33.6% (Q1 2025) to 41.1% (Q1 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 40.8% | +1.2 pts | +1.2 pts |
| Q2 2026 | 39.5% | -1.6 pts | +1.9 pts |
| Q1 2026 | 41.1% | +1.9 pts | +7.5 pts |
| Q4 2025 | 39.3% | -0.3 pts | — |
| Q3 2025 | 39.6% | +2.0 pts | — |
| Q2 2025 | 37.6% | +3.9 pts | — |
| Q1 2025 | 33.6% | — | — |
Q3 2026 at a glance
Exelixis, Q3 2026: revenue $659M (+10% year over year), operating margin 40.8%, net earnings $218M, operating cash flow $280M. The chart follows the revenue to costs, profit and cash.
Questions
What is Exelixis' operating margin?
Exelixis' operating margin was 40.8% in Q3 2026 (third quarter 2026), +1.2 pts from Q2 2026.
How has Exelixis' operating margin changed?
Over the last 7 quarters it ranged from 33.6% (Q1 2025) to 41.1% (Q1 2026).