EXELIXIS, INC.
Close on Oct 19, 2026
- Market cap
- $16.28B
- P/E (TTM)
- 19.7
- Dividend yield
- –
About Exelixis
Biological Products, (No Diagnostic Substances), SIC 2836
Exelixis, Inc. is an oncology-focused biotechnology company that discovers, develops, and commercializes targeted medicines for various forms of cancer. Its commercial portfolio features cabozantinib formulations, primarily marketed as CABOMETYX tablets and COMETRIQ capsules, alongside cobimetinib (COTELLIC) and esaxerenone (MINNEBRO). The company focuses on developing small molecules and biotherapeutics, such as antibody-drug conjugates, to treat indications including advanced renal cell carcinoma, hepatocellular carcinoma, differentiated thyroid cancer, and neuroendocrine tumors. Its offerings serve physicians, healthcare providers, and cancer patients, while its clinical pipeline features investigational candidates like zanzalintinib across multiple oncology settings.
The company markets its products in the United States and distributes cabozantinib internationally across 68 other countries through regional collaboration partners, including Ipsen outside the U.S. and Japan, and Takeda within Japan. Regulatory approvals span major geographic markets such as the European Economic Area, the United Kingdom, Japan, Canada, Brazil, Taiwan, South Korea, Australia, and Hong Kong. The provided text does not state the company's headquarters location.
Summary of the business section of Exelixis's latest annual report, written by StockData.
Company profile
Company
- Legal name
- EXELIXIS, INC.
- Founded
- 1994
- Headquarters
- Alameda, CA
- Address
- 1851 Harbor Bay Parkway 94502
- Phone
- (650) 837-7000
- Website
- www.exelixis.com
- Employees
- 1,077, Jan 2, 2026
- Industry
- Biological Products, (No Diagnostic Substances)
- Incorporated in
- Delaware
- Fiscal year ends
- January 1
- Auditor
- Ernst & Young LLP, San Mateo, California
Stock & identifiers
- Ticker
- EXEL
- Exchange
- Nasdaq
- IPO date
- Apr 11, 2000
- Shares outstanding
- 248M, Jul 27, 2026
- Public float
- $9.40B, Jul 4, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 939767
- CUSIP
- 30161Q104
- ISIN
- US30161Q1040
- LEI
- 254900PJQB59O2O95R37
- EIN
- 04-3257395
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael Morrissey | President and CEO, Director | 3,384,063 |
| Dana Aftab | EVP, Research and Development | 600,576 |
| Patrick J. Haley | EVP, Commercial | 357,638 |
| Brenda Hefti | SVP and General Counsel | 112,289 |
| Christopher J. Senner | EVP and CFO | 955,040 |
| Amy C. Peterson | EVP Prod Dev & Med Aff & CMO | 538,169 |
| Jeffrey Hessekiel | EVP & General Counsel | 694,395 |
| Mary C. Beckerle | Director | 16,079 |
| Sue Gail Eckhardt | Director | 16,079 |
| Jack L. Wyszomierski | Director | 284,384 |
| Julie Smith | Director | 28,957 |
| George Poste | Director | 127,199 |
| Stelios Papadopoulos | Director | 1,197,595 |
| Maria C. Freire | Director | 109,186 |
| Tomas J. Heyman | Director | 50,649 |
| David Edward Johnson | Director | 1,543,906 |
| Partners LP Caligan | Director | 1,571,438 |
| Bob Oliver | Director | 29,487 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Dr. Morrissey | $33.24M | $55.13M | $9.09M | $217 | $125 |
| FY2024 Dr. Morrissey | $12.73M | $39.39M | $4.12M | $200 | $122 |
| FY2023 Dr. Morrissey | $16.42M | $31.70M | $5.51M | $141 | $121 |
| FY2022 Dr. Morrissey | $16.88M | $16.02M | $5.15M | $94 | $116 |
| FY2021 Dr. Morrissey | $7.53M | $15.30M | $3.51M | $107 | $129 |
| FY2020 Dr. Morrissey | $2.35M | $18.57M | $1.24M | $118 | $129 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 1,077 employees, representing a 6.10% decrease in our employee workforce as compared to December 31, 2024.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 16, 2005 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 13, 2005 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 21, 2004 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 29, 2001 | Tender offer | Third-party tender offer for the company's shares |
| Nov 29, 2001 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Oct 11, 2000 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 11, 2000 | IPO | Initial public offering priced (424B4 prospectus) |