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rewrite this title and make it good for SEOExelixis, Inc. (EXEL) Q1 2026 Earnings Call Transcript

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May 6, 2026
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Exelixis, Inc. (EXEL) Q1 2026 Earnings Call May 5, 2026 5:00 PM EDT

Company Participants

Andrew Peters – Senior Vice President of StrategyMichael Morrissey – CEO, President & DirectorChristopher Senner – Executive VP & CFOP. Haley – Executive Vice President of CommercialDana Aftab – Executive Vice President of Research & Development

Conference Call Participants

Kyuwon Choi – Goldman Sachs Group, Inc., Research DivisionYaron Werber – TD Cowen, Research DivisionSudan Loganathan – Stephens Inc., Research DivisionSean Laaman – Morgan Stanley, Research DivisionTsan-Yu Hsieh – William Blair & Company L.L.C., Research DivisionMichael Schmidt – Guggenheim Securities, LLC, Research DivisionSilvan Tuerkcan – Citizens JMP Securities, LLC, Research DivisionChi Meng Fong – BofA Securities, Research DivisionLeonid Timashev – RBC Capital Markets, Research DivisionKalpit Patel – Wolfe Research, LLCEtzer Darout – Barclays Bank PLC, Research DivisionAshwani Verma – UBS Investment Bank, Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Exelixis First Quarter and Fiscal Year 2026 Financial Results Conference Call. My name is Sherry, and I’ll be your operator for today. As a reminder, this call is being recorded for replay purposes.

I would now like to turn the call over to your host for today, Mr. Andrew Peters, Senior Vice President of Strategy and Investor Relations. Please proceed.

Andrew PetersSenior Vice President of Strategy

Thank you, Sherry, and thank you all for joining us for the Exelixis first quarter 2026 financial results conference call. Joining me on today’s call are Mike Morrissey, our President and CEO; and Chris Senner, our Chief Financial Officer; Dana Aftab, our Executive Vice President of Research and Development; and P.J. Haley, our Executive Vice President of Commercial, who will review our progress for the first quarter 2026 ended March 31, 2026.

During the call today, we will refer to financial measures not

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