Exelixis, Inc. (EXEL) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.377 Good day, ladies and gentlemen, and welcome to the Exelixis fourth quarter and fiscal 00:00:04.377 -- 00:00:07.821 year 2025 financial results conference call. 00:00:07.821 -- 00:00:11.446 My name is Tawanda, and I'll be your operator for today. 00:00:11.446 -- 00:00:15.391 As a reminder, this call is being recorded for replay purposes. 00:00:15.391 -- 00:00:18.696 I would now like to turn the call over to your host for today, Mr. 00:00:18.696 -- 00:00:22.981 Andrew Peters, Senior Vice President of Strategy and Investor Relations. 00:00:22.981 -- 00:00:25.225 Please proceed. 00:00:25.225 -- 00:00:29.489 Thank you, Tawanda, and thank you all for joining us for the XLUX's fourth quarter and 00:00:29.489 -- 00:00:33.313 fiscal year 2025 financial results conference call. 00:00:33.313 -- 00:00:38.377 Joining me on today's call are Mike Morrissey, our president and CEO, Chris Senner, our 00:00:38.377 -- 00:00:44.063 chief financial officer, Dana Aftab, our executive vice president of research and development, 00:00:44.063 -- 00:00:49.067 and PJ Haley, our executive vice president of commercial, who will review our 00:00:49.067 -- 00:00:55.634 progress for the fourth quarter and fiscal year 2025, ended December 31st, 2025. 00:00:55.634 -- 00:01:00.301 During the call today, we will refer to financial measures not calculated according to 00:01:00.301 -- 00:01:04.888 generally accepted accounting principles. Please refer to today's press release, which 00:01:04.888 -- 00:01:10.496 is posted on our website, for an explanation of our reasons for using such non-GAAP measures, 00:01:10.496 -- 00:01:14.522 as well as tables deriving these measures from our GAAP results. 00:01:14.522 -- 00:01:19.168 During the course of this presentation, we wil...