EXELIXIS, INC.

Biological Products, (No Diagnostic Substances)·ALAMEDA, CA·FY end 01/01·CIK 939767

CEO Pay Ratio

81:1

Dr. Morrissey

CEO Total Comp

$33.2M

Dr. Morrissey

Median Employee

$410,693

Revenue

$2.3B

FY 2025

Net Income

$782.6M

FY 2025

Free Cash Flow

$875.8M

FY 2025

Net Margin

33.7%

Insider Net (180d)

-$22.5M

1 buys / 18 sales

CEO Pay Accountability

CEO comp as % of net income

4.25%

For every $1,000 of profit, $42.47 flows to the CEO.

CEO comp as % of buybacks

3.51%

CEO comp equals 35.1‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$2.3B	$2.2B	$1.8B	$1.6B	$1.4B
Gross Profit	—	—	—	—	—	—
Operating Income	$872.2M	$604.6M	$170.9M	$201.5M	$286.7M
Net Income	$782.6M	$521.3M	$207.8M	$182.3M	$231.1M
Operating CF	$884.3M	$700.0M	$333.3M	$362.6M	$400.8M
Capex	$8.4M	$28.4M	$40.5M	$27.7M	$64.2M
Free Cash Flow	$875.8M	$671.5M	$292.9M	$334.9M	$336.6M
Buybacks	$947.5M	$652.0M	$550.4M	—	—
Dividends	—	—	—	—	—	—

Gross Margin	—	—	—	—	—	—
Operating Margin	37.6%	27.9%	9.3%	12.5%	20.0%
Net Margin	33.7%	24.0%	11.4%	11.3%	16.1%
FCF Margin	37.7%	31.0%	16.0%	20.8%	23.5%
R&D / Revenue	35.6%	42.0%	57.0%	55.4%	48.3%
Effective Tax	—	—	—	—	—	—
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	108.2%	97.1%	187.9%	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Dr. Morrissey · CEO	—	—	—	—	—	$33.2M
Michael M. MorrisseyPh.D.	$1.3M	$30.5M	—	$1.4M	$11.0K	$33.2M
Amy C. PetersonM.D.	$614.5K	$8.4M	—	—	$2.1M	$11.1M
Christopher J. SennerExecutive Vice President	$822.8K	$9.3M	—	$470.8K	$11.0K	$10.6M
Dana T. AftabPh.D.	$659.1K	$9.5M	—	$397.3K	$11.0K	$10.5M
Jeffrey J. HessekielJ.D.	$672.4K	$8.3M	—	—	$11.0K	$9.0M
Research and Development	$577.9K	$4.8M	—	$294.1K	$11.0K	$5.7M
Brenda J. HeftiJ.D., Ph.D. Senior Vice President and General Counsel	$454.5K	$3.5M	—	$286.8K	$11.0K	$4.2M
Dr. Hefti	—	—	—	—	—	—
Dr. Aftab	—	—	—	—	—	—
Mr. Haley	—	—	—	—	—	—
Dr. Peterson	—	—	—	—	—	—
Mr. Senner	—	—	—	—	—	—
Patrick J. HaleyExecutive Vice President, Commercial	$621.3K	$8.1M	$327.3K	$11.0K	$9.0M	—
Mr. Hessekiel	—	—	—	—	—	—