Comparing Cost of Revenue Efficiency: Gilead Sciences, Inc. vs Vericel Corporation

Biotech Giants: Cost Efficiency Trends from 2014 to 2023

__timestampGilead Sciences, Inc.Vericel Corporation
Wednesday, January 1, 2014378800000017293000
Thursday, January 1, 2015400600000026470000
Friday, January 1, 2016426100000028307000
Sunday, January 1, 2017437100000030354000
Monday, January 1, 2018485300000032160000
Tuesday, January 1, 2019467500000037571000
Wednesday, January 1, 2020457200000039951000
Friday, January 1, 2021660100000050159000
Saturday, January 1, 2022565700000054577000
Sunday, January 1, 2023649800000061940000
Monday, January 1, 202428675800000
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Cost of Revenue Efficiency: A Tale of Two Companies

In the competitive landscape of biotechnology, understanding cost efficiency is crucial. Gilead Sciences, Inc. and Vericel Corporation, two prominent players, showcase contrasting cost of revenue trends from 2014 to 2023. Gilead Sciences, with its expansive operations, saw its cost of revenue grow by approximately 72% over the decade, peaking in 2021. This reflects its strategic investments and scaling efforts. In contrast, Vericel Corporation, a smaller entity, experienced a 258% increase, indicating rapid growth and possibly higher operational costs relative to its size. By 2023, Gilead's cost of revenue was nearly 100 times that of Vericel, highlighting the scale difference. These insights underscore the diverse strategies and challenges faced by biotech firms in managing operational costs while pursuing innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025