Analyzing Cost of Revenue: Vertex Pharmaceuticals Incorporated and PTC Therapeutics, Inc.

Biotech Giants: Cost of Revenue Trends from 2014 to 2023

__timestampPTC Therapeutics, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 20147983800060987000
Thursday, January 1, 2015121816000125542000
Friday, January 1, 2016117633000210460000
Sunday, January 1, 20174577000275119000
Monday, January 1, 201812670000409539000
Tuesday, January 1, 201912135000547758000
Wednesday, January 1, 202018942000736300000
Friday, January 1, 202132328000904200000
Saturday, January 1, 2022446780001080300000
Sunday, January 1, 2023654860001262200000
Monday, January 1, 20241530500000
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Unleashing the power of data

Analyzing Cost of Revenue: Vertex Pharmaceuticals vs. PTC Therapeutics

In the competitive landscape of biotechnology, understanding cost structures is crucial. Over the past decade, Vertex Pharmaceuticals Incorporated and PTC Therapeutics, Inc. have shown distinct trends in their cost of revenue. Vertex Pharmaceuticals has seen a staggering increase of over 1,900% from 2014 to 2023, reflecting its aggressive expansion and investment in research and development. In contrast, PTC Therapeutics experienced a more modest growth of approximately 18% during the same period, indicating a more stable cost structure.

Key Insights

  • Vertex Pharmaceuticals: From 2014 to 2023, the cost of revenue surged from $61 million to $1.26 billion, highlighting its rapid growth trajectory.
  • PTC Therapeutics: Despite fluctuations, the cost of revenue increased from $79 million to $65 million, suggesting strategic cost management.

These insights provide a window into the financial strategies of these biotech giants, offering valuable lessons for investors and industry analysts.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025