Breaking Down SG&A Expenses: Axsome Therapeutics, Inc. vs Amphastar Pharmaceuticals, Inc.

SG&A Expenses: Amphastar's Steady Growth vs. Axsome's Rapid Rise

__timestampAmphastar Pharmaceuticals, Inc.Axsome Therapeutics, Inc.
Wednesday, January 1, 2014403730001392830
Thursday, January 1, 2015469740002419289
Friday, January 1, 2016472980006343648
Sunday, January 1, 2017509180007206691
Monday, January 1, 2018580440009351522
Tuesday, January 1, 20196310900013598030
Wednesday, January 1, 20206515700028896749
Friday, January 1, 20216892000066646205
Saturday, January 1, 202266592000159253661
Sunday, January 1, 202380393000323123000
Monday, January 1, 2024411359000
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In pursuit of knowledge

A Tale of Two Companies: SG&A Expenses Over Time

In the competitive landscape of pharmaceuticals, understanding the financial strategies of companies can offer valuable insights. Over the past decade, Amphastar Pharmaceuticals, Inc. and Axsome Therapeutics, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Amphastar's SG&A expenses grew steadily, peaking at approximately 80 million in 2023, marking a 99% increase from 2014. In contrast, Axsome's expenses skyrocketed, with a staggering 23,000% increase, reaching over 320 million in 2023. This dramatic rise reflects Axsome's aggressive expansion and investment in its operations. The data highlights the contrasting financial strategies: Amphastar's steady growth versus Axsome's rapid scaling. Such insights are crucial for investors and industry analysts aiming to understand the financial health and strategic direction of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025