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Filing Flows › Exelixis (EXEL) › R&D spending

Exelixis (EXEL) R&D spending by quarter

Exelixis' R&D spending was $209M in Q3 2026 (third quarter 2026), -1% from Q2 2026. Over the last 7 quarters it ranged from $199M (Q3 2025) to $213M (Q4 2025).

Exelixis R&D spending by quarterExelixis R&D spending by quarter$212MQ1 2025$200MQ2 2025$199MQ3 2025$213MQ4 2025$200MQ1 2026$212MQ2 2026$209MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$209M-1%+5%
Q2 2026$212M+6%+6%
Q1 2026$200M-6%-6%
Q4 2025$213M+7%—
Q3 2025$199M-0.6%—
Q2 2025$200M-6%—
Q1 2025$212M——

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' R&D spending?

Exelixis' R&D spending was $209M in Q3 2026 (third quarter 2026), -1% from Q2 2026.

How has Exelixis' R&D spending changed?

Over the last 7 quarters it ranged from $199M (Q3 2025) to $213M (Q4 2025).

Q3 2026 results → · How Exelixis makes money →