| __timestamp | Gilead Sciences, Inc. | Vericel Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 3788000000 | 17293000 |
| Thursday, January 1, 2015 | 4006000000 | 26470000 |
| Friday, January 1, 2016 | 4261000000 | 28307000 |
| Sunday, January 1, 2017 | 4371000000 | 30354000 |
| Monday, January 1, 2018 | 4853000000 | 32160000 |
| Tuesday, January 1, 2019 | 4675000000 | 37571000 |
| Wednesday, January 1, 2020 | 4572000000 | 39951000 |
| Friday, January 1, 2021 | 6601000000 | 50159000 |
| Saturday, January 1, 2022 | 5657000000 | 54577000 |
| Sunday, January 1, 2023 | 6498000000 | 61940000 |
| Monday, January 1, 2024 | 28675800000 |
Data in motion
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.
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