Breaking Down SG&A Expenses: Takeda Pharmaceutical Company Limited vs Axsome Therapeutics, Inc.

SG&A Expenses: Takeda vs. Axsome - A Decade of Change

__timestampAxsome Therapeutics, Inc.Takeda Pharmaceutical Company Limited
Wednesday, January 1, 20141392830612613000000
Thursday, January 1, 20152419289650773000000
Friday, January 1, 20166343648619061000000
Sunday, January 1, 20177206691628106000000
Monday, January 1, 20189351522717599000000
Tuesday, January 1, 201913598030964737000000
Wednesday, January 1, 202028896749875663000000
Friday, January 1, 202166646205886361000000
Saturday, January 1, 2022159253661997309000000
Sunday, January 1, 20233231230001053819000000
Monday, January 1, 20244113590001053819000000
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Unleashing insights

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

In the ever-evolving pharmaceutical industry, understanding the financial dynamics of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Takeda Pharmaceutical Company Limited and Axsome Therapeutics, Inc. from 2014 to 2023. Takeda, a global leader, consistently reported SG&A expenses in the range of hundreds of billions, peaking at approximately 1.05 trillion in 2023. In contrast, Axsome, a burgeoning player, saw a dramatic increase in SG&A expenses, skyrocketing from a modest 1.4 million in 2014 to over 320 million by 2023. This represents a staggering growth of over 22,000%. While Takeda's expenses reflect its expansive operations, Axsome's surge highlights its aggressive growth strategy. Notably, data for 2024 is incomplete, indicating potential shifts in the financial landscape. This comparison underscores the diverse strategies and scales within the pharmaceutical sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025