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Exelixis Q2 Revenue Falls 11 Percent


(NASDAQ:EXEL), an oncology-focused biotech, reported results for Q2 2025 on July 28, 2025. For the period, the company delivered non-GAAP earnings per share (EPS) of $0.75 in Q2 FY2025, beating analyst consensus of $0.66. Revenue totaled $568.3 million, GAAP revenue of $568.3 million was below the analyst estimate of $580.05 million, and Revenue declined 10.8% year-over-year. This shortfall was mainly due to the absence of a $150.0 million milestone recorded in Q2 2024. Solid growth in net product revenue, especially from CABOMETYX for neuroendocrine tumors, showed strong underlying demand. While non-GAAP earnings beat expectations and commercial execution remained strong, headline GAAP revenue was negatively affected by collaboration milestone timing, making for a mixed overall quarter.

Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.

(NASDAQ:EXEL) develops and commercializes therapies for cancer, focusing mostly on targeted small-molecule drugs. The company's core product is cabozantinib, sold as CABOMETYX for kidney, liver, thyroid, and, more recently, neuroendocrine cancers. Exelixis also markets COMETRIQ, another cabozantinib brand.

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Source Fool.com

Exelixis Inc. Aktie

32,21 €
1,39 %
Heute erlebt Exelixis Inc. einen merklichen Gewinn von 1,39 %.
Rein positive Einschätzungen für Exelixis Inc., nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Ein positives Kurspotenzial für Exelixis Inc. ist gegeben, mit einem Kursziel von 38 € über dem aktuellen Kurs von 32.21 €.
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