Exelixis reported strong financial results for the fourth quarter and fiscal year 2025, with total revenues reaching $2.320 billion for the fiscal year. The company’s cabozantinib franchise showed significant growth, and Exelixis is positioning for further expansion with its zanzalintinib program, including a recently accepted New Drug Application by the FDA. Exelixis anticipates a milestone-rich year in 2026 with key clinical trial readouts and initiations, while also maintaining its financial guidance and continuing its stock repurchase program.
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Exelixis Announces Fourth Quarter and Fiscal Year 2025 Financial Results and Provides Corporate Update
Exelixis reported strong financial results for the fourth quarter and fiscal year 2025, with total revenues reaching $2.320 billion for the fiscal year. The company’s cabozantinib franchise showed significant growth, and Exelixis is positioning for further expansion with its zanzalintinib program, including a recently accepted New Drug Application by the FDA. Exelixis anticipates a milestone-rich year in 2026 with key clinical trial readouts and initiations, while also maintaining its financial guidance and continuing its stock repurchase program.