EXACT SCIENCES CORP
EXACT SCIENCES CORP
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Financial Statements
Values in Millions ($) | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 956 | 789 | 657 | 347 | 601 | 589 | 530 | 347 | 605 | 595 | 604 | 421 | |||||
Marketable Securities Current | 9 | 214 | 201 | 439 | 437 | 432 | 417 | 305 | 172 | 140 | 171 | 277 | |||||
Accounts Receivable Net Current | 299 | 306 | 353 | 280 | 249 | 265 | 264 | 241 | 204 | 199 | 178 | 183 | |||||
Inventory Net | 166 | 165 | 171 | 177 | 162 | 137 | 127 | 129 | 127 | 133 | 131 | 124 | |||||
Prepaid Expense And Other Assets Current | 126 | 117 | 125 | 128 | 122 | 110 | 114 | 99 | 86 | 82 | 89 | 85 | |||||
Assets Current | 1,556 | 1,591 | 1,508 | 1,370 | 1,571 | 1,533 | 1,452 | 1,120 | 1,194 | 1,148 | 1,174 | 1,091 | |||||
Assets Noncurrent | |||||||||||||||||
Property Plant And Equipment Net | 709 | 704 | 705 | 698 | 694 | 690 | 703 | 702 | 698 | 692 | 687 | 685 | |||||
Operating Lease Right Of Use Asset | 122 | 121 | 126 | 127 | 117 | 122 | 140 | 142 | 144 | 150 | 149 | 157 | |||||
Goodwill | 2,368 | 2,368 | 2,368 | 2,367 | 2,367 | 2,367 | 2,367 | 2,367 | 2,367 | 2,367 | 2,346 | 2,346 | |||||
Intangible Assets Net Excluding Goodwill | 920 | 941 | 965 | 989 | 1,010 | 1,864 | 1,843 | 1,867 | 1,890 | 1,913 | 1,911 | 1,933 | |||||
Other Assets Noncurrent | 186 | 175 | 125 | 160 | 170 | 171 | 167 | 178 | 177 | 151 | 90 | 92 | |||||
Assets | 5,861 | 5,900 | 5,797 | 5,711 | 5,928 | 6,749 | 6,673 | 6,376 | 6,471 | 6,421 | 6,356 | 6,304 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 176 | 129 | 157 | 142 | 90 | 98 | 53 | 60 | 79 | 74 | 75 | 87 | |||||
Accrued Liabilities Current | 416 | 409 | 317 | 295 | 328 | 314 | 303 | 265 | 342 | 310 | 300 | 242 | |||||
Operating Lease Liability Current | 34 | 32 | 31 | 30 | 27 | 27 | 27 | 27 | 29 | 30 | 30 | 30 | |||||
Other Liabilities Current | 15 | 14 | 16 | 35 | 38 | 36 | 37 | 33 | 15 | 13 | 34 | 9 | |||||
Convertible Notes Payable Current | 0 | 0 | 0 | 0 | 249 | 249 | 249 | 249 | 0 | - | - | - | |||||
Liabilities Current | 641 | 584 | 522 | 502 | 732 | 724 | 669 | 685 | 515 | 477 | 488 | 367 | |||||
Liabilities Noncurrent | |||||||||||||||||
Convertible Long Term Notes Payable | 2,327 | 2,326 | 2,324 | 2,323 | 2,321 | 2,319 | 2,318 | 2,067 | 2,314 | 2,313 | 2,312 | 2,310 | |||||
Long Term Loans Payable | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 50 | |||||
Other Liabilities Noncurrent | 329 | 325 | 316 | 320 | 316 | 332 | 327 | 329 | 336 | 342 | 331 | 344 | |||||
Operating Lease Liability Noncurrent | 162 | 164 | 166 | 169 | 157 | 163 | 168 | 162 | 161 | 168 | 169 | 175 | |||||
Liabilities | 3,460 | 3,399 | 3,328 | 3,314 | 3,526 | 3,538 | 3,481 | 3,244 | 3,326 | 3,300 | 3,299 | 3,247 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Additional Paid In Capital Common Stock | 7,103 | 7,116 | 7,065 | 6,993 | 6,899 | 6,837 | 6,787 | 6,711 | 6,611 | 6,540 | 6,476 | 6,397 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 2 | 3 | 3 | 1 | -1 | 5 | -1 | -0 | 1 | -2 | -1 | -2 | |||||
Retained Earnings Accumulated Deficit | -4,706 | -4,620 | -4,600 | -4,599 | -4,498 | -3,633 | -3,595 | -3,579 | -3,469 | -3,419 | -3,420 | -3,339 | |||||
Stockholders Equity | 2,401 | 2,501 | 2,469 | 2,397 | 2,402 | 3,211 | 3,192 | 3,133 | 3,145 | 3,121 | 3,057 | 3,058 | |||||
Liabilities And Stockholders Equity | 5,861 | 5,900 | 5,797 | 5,711 | 5,928 | 6,749 | 6,673 | 6,376 | 6,471 | 6,421 | 6,356 | 6,304 | |||||
Loans Payable Current | - | - | - | - | 0 | 0 | 0 | 50 | 50 | 50 | 50 | - | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 400 | 400 | 400 | 400 | 400 | 400 | 400 | 400 | 400 | 400 | 400 | 400 | |||||
Common Stock Shares Issued | 191 | 189 | 189 | 189 | 186 | 185 | 185 | 184 | 181 | 181 | 181 | 180 | |||||
Shares Outstanding | 191 | 189 | 189 | 189 | 186 | 185 | 185 | 184 | 181 | 181 | 181 | 180 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 20.76% | 12.43% | 7.00% | 1.09% | 14.20% | 37.80% | 51.22% | 51.64% | 52.67% | 0.25% | - | - |
| 2024 | -23.59% | -28.97% | -23.84% | 30.69% | 53.44% | 57.46% | -13.19% | -19.52% | -21.72% | -10.86% | -11.95% | 2.28% |
| 2023 | 18.08% | 32.25% | 39.49% | -16.57% | -30.68% | -33.38% | 3.89% | 15.73% | 3.67% | -8.82% | 12.72% | -15.45% |
| 2022 | - | - | - | - | - | - | - | - | - | 3.56% | 9.03% | 29.27% |
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Performance and Valuation Metrics
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Metrics | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.43 | 2.72 | 2.89 | 2.73 | 2.15 | 2.12 | 2.17 | 1.64 | 2.32 | 2.41 | 2.41 | 2.97 | |||||
| Quick Ratio | 1.97 | 2.24 | 2.32 | 2.12 | 1.76 | 1.78 | 1.81 | 1.30 | 1.91 | 1.96 | 1.95 | 2.40 | |||||
| Working Capital | 914.70M | 1.01B | 985.93M | 867.88M | 839.24M | 809.46M | 783.85M | 435.16M | 679.67M | 671.67M | 685.87M | 724.03M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.44 | 1.36 | 1.35 | 1.38 | 1.47 | 1.10 | 1.09 | 1.04 | 1.06 | 1.06 | 1.08 | 1.06 | |||||
| Interest Coverage TTM | -5.24 | -25.53 | -26.00 | -35.46 | -38.50 | -13.60 | -12.18 | -10.35 | -10.86 | -13.44 | -23.95 | -35.63 | |||||
| Debt Ratio | 0.59 | 0.58 | 0.57 | 0.58 | 0.59 | 0.52 | 0.52 | 0.51 | 0.51 | 0.51 | 0.52 | 0.51 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.14 | 0.13 | 0.13 | 0.13 | 0.11 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | |||||
| Days Sales Outstanding TTM | 117.48 | 122.46 | 137.28 | 122.08 | 116.56 | 119.55 | 114.38 | 116.63 | 105.05 | 112.87 | 106.79 | 111.11 | |||||
| Receivables Turnover TTM | 3.11 | 2.98 | 2.66 | 2.99 | 3.13 | 3.05 | 3.19 | 3.13 | 3.47 | 3.23 | 3.42 | 3.29 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -1.10 | -5.21 | -5.32 | -5.46 | -5.59 | -1.16 | -0.95 | -1.32 | -1.13 | -1.53 | -2.40 | -2.89 | |||||
| Free Cash Flow Per Share TTM | 1.89 | 1.31 | 0.90 | 1.04 | 0.40 | 0.53 | -0.08 | -0.11 | 0.18 | -0.13 | -0.60 | -1.67 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 265.98% | 245.12% | 242.89% | 253.62% | 270.75% | - | - | - | - | - | - | - | |||||
| Operating Profit Margin TTM | -24.25% | -117.55% | -123.58% | -133.44% | -147.98% | -33.89% | -27.49% | -36.87% | -34.22% | -42.34% | -65.91% | -77.25% | |||||
| Net Profit Margin TTM | -24.44% | -115.97% | -122.52% | -131.10% | -145.18% | -30.20% | -24.81% | -36.21% | -32.49% | -44.90% | -69.23% | -80.87% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 20.05% | 20.05% | 16.30% | 17.26% | 12.78% | 12.78% | 13.15% | 3.83% | 20.12% | 20.12% | 14.79% | 18.13% | |||||
| Net Income Growth (1Y) | -79.79% | 360.94% | 474.39% | 324.54% | 403.97% | -24.13% | -59.46% | -53.51% | -67.26% | -60.62% | -41.23% | -30.68% | |||||
| EPS Growth (1Y) | -80.27% | 350.06% | 460.43% | 314.39% | 392.88% | -25.84% | -60.36% | -54.47% | -67.95% | -61.41% | -42.48% | -32.29% | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 356.78M | 247.08M | 169.62M | 194.14M | 74.55M | 98.43M | -14.96M | -20.46M | 31.93M | -23.54M | -108.27M | -298.22M | |||||
| Net Debt | 1.37B | 1.54B | 1.67B | 1.98B | 1.96B | 1.97B | 2.03B | 2.02B | 1.75B | 1.77B | 1.76B | 1.89B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
EXACT SCIENCES CORP (EXAS) — SEC Financial Statements & Analysis
EXACT SCIENCES CORP (EXAS) is a services-medical laboratories company. EXACT SCIENCES CORP trades on Nasdaq as: EXAS. Based on its latest SEC filing (Form 10-Q, period ending 2025-12-31), EXACT SCIENCES CORP reported a 20.05% year-over-year revenue growth, a Gross Profit Margin of 265.98% (TTM), a Debt-to-Equity ratio of 1.44x. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 20.05%
- Gross Profit Margin TTM
- 265.98%
- Debt To Equity
- 1.44x
Data as of 2025-12-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is EXACT SCIENCES CORP in?
EXACT SCIENCES CORP (EXAS) operates in the Services-Medical Laboratories industry.
What exchange does EXAS trade on?
EXACT SCIENCES CORP (EXAS) trades on the Nasdaq.