Exelixis (EXEL) reported Q4 non-GAAP net income late Tuesday of $0.94 per diluted share, up from $0.55 a year earlier.

Analysts polled by FactSet expected $0.83.

Total revenue for the quarter ended Dec. 31 rose to $598.7 million from $566.8 million a year earlier.

Analysts surveyed by FactSet expected $596.5 million.

For 2026, the company expects revenue of $2.53 billion to $2.63 billion. Analysts expect $2.62 billion.

Shares of Exelixis were down 1.1% in after-hours activity.