Breaking Down SG&A Expenses: Gilead Sciences, Inc. vs argenx SE

Gilead vs. argenx: SG&A Expense Trends Unveiled

__timestampGilead Sciences, Inc.argenx SE
Wednesday, January 1, 201429830000004241601.57
Thursday, January 1, 201534260000005392385.38
Friday, January 1, 201633980000007370036.73
Sunday, January 1, 2017387800000014970357
Monday, January 1, 2018405600000031413266
Tuesday, January 1, 2019438100000072279461
Wednesday, January 1, 20205151000000183907682
Friday, January 1, 20215246000000307644000
Saturday, January 1, 20225673000000472132000
Sunday, January 1, 20236090000000709539000
Monday, January 1, 20246091000000
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In pursuit of knowledge

SG&A Expenses: A Tale of Two Biotech Giants

In the ever-evolving world of biotechnology, understanding the financial dynamics of industry leaders is crucial. Gilead Sciences, Inc. and argenx SE, two prominent players, have shown contrasting trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Gilead's SG&A expenses surged by over 100%, peaking at approximately $6 billion in 2023. This reflects their aggressive expansion and strategic investments. In contrast, argenx SE, a rising star, witnessed a staggering 16,600% increase, albeit from a much smaller base, reaching around $709 million in 2023. This growth underscores argenx's rapid scaling and market penetration. As these companies navigate the competitive landscape, their SG&A strategies offer valuable insights into their operational priorities and future trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025