Exelixis (EXEL) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 96.7%
EBITDA Margin: 42.3%
Op. Margin: 41.1%
Net Margin: 34.5%

Op. margin of 41.1% is up 7.5% YoY — cost efficiency is improving. Net margin at 34.5% and gross margin of 96.7% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit