Exelixis Inc (EXEL)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	1,502,269	1,429,247	1,385,632	1,209,031	1,214,956	1,177,244	1,143,692	1,116,459	1,093,297	1,143,463	1,077,004	1,065,615	980,382	832,786	777,657	675,368	705,278	698,368	722,737	739,364
Revenue (ttm)	US$ in thousands	2,168,701	2,081,598	2,013,976	1,846,646	1,830,208	1,774,473	1,714,291	1,663,870	1,611,062	1,638,285	1,554,970	1,520,720	1,434,970	1,253,882	1,156,551	1,030,853	987,538	957,796	998,407	979,203
Gross profit margin		69.27%	68.66%	68.80%	65.47%	66.38%	66.34%	66.72%	67.10%	67.86%	69.80%	69.26%	70.07%	68.32%	66.42%	67.24%	65.52%	71.42%	72.91%	72.39%	75.51%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,502,269K ÷ $2,168,701K
= 69.27%

Exelixis Inc's gross profit margin shows a fluctuating trend over the periods outlined in the data. It started at a high of 75.51% as of March 31, 2020, which gradually decreased to 65.52% by March 31, 2021. The margin then began to recover slightly, reaching 70.07% by March 31, 2022. However, this increase was not sustained, as the margin decreased to 65.47% by March 31, 2024.

Overall, Exelixis Inc's gross profit margin has shown volatility, with periods of both improvement and decline. This suggests potential fluctuations in the company's cost of goods sold and/or pricing strategies impacting its profitability. Further analysis would be needed to understand the specific factors driving these changes in the gross profit margin over time.