Comparing Revenue Performance: Gilead Sciences, Inc. or PTC Therapeutics, Inc.?

Biotech Revenue Battle: Gilead vs. PTC

__timestampGilead Sciences, Inc.PTC Therapeutics, Inc.
Wednesday, January 1, 20142489000000022963000
Thursday, January 1, 20153263900000036766000
Friday, January 1, 20163039000000082705000
Sunday, January 1, 201726107000000194392000
Monday, January 1, 201822127000000264734000
Tuesday, January 1, 201922449000000306980000
Wednesday, January 1, 202024689000000380766000
Friday, January 1, 202127305000000538593000
Saturday, January 1, 202227281000000698801000
Sunday, January 1, 202327116000000937822000
Monday, January 1, 202428754000000
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Igniting the spark of knowledge

Revenue Showdown: Gilead Sciences vs. PTC Therapeutics

In the ever-evolving landscape of biotechnology, revenue performance is a key indicator of a company's market strength and innovation prowess. From 2014 to 2023, Gilead Sciences, Inc. has consistently outperformed PTC Therapeutics, Inc. in terms of revenue. Gilead's revenue peaked in 2015, reaching approximately 33 billion USD, a staggering 1,400 times more than PTC's revenue in the same year. Despite a slight decline, Gilead maintained a robust average annual revenue of around 26 billion USD over the decade.

Conversely, PTC Therapeutics has shown impressive growth, with its revenue increasing by over 3,900% from 2014 to 2023. This growth trajectory highlights PTC's expanding influence in the biotech sector, even though its revenue remains a fraction of Gilead's. As the industry continues to innovate, these companies' revenue trends offer a glimpse into their strategic directions and market positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025