Comparing SG&A Expenses: Gilead Sciences, Inc. vs Protagonist Therapeutics, Inc. Trends and Insights

Biotech Giants' SG&A Expenses: A Decade of Growth and Strategy

__timestampGilead Sciences, Inc.Protagonist Therapeutics, Inc.
Wednesday, January 1, 201429830000001860000
Thursday, January 1, 201534260000002963000
Friday, January 1, 201633980000006961000
Sunday, January 1, 2017387800000011779000
Monday, January 1, 2018405600000013697000
Tuesday, January 1, 2019438100000015749000
Wednesday, January 1, 2020515100000018638000
Friday, January 1, 2021524600000027196000
Saturday, January 1, 2022567300000031739000
Sunday, January 1, 2023609000000033491000
Monday, January 1, 20246091000000
Loading chart...

Unlocking the unknown

SG&A Expenses: A Tale of Two Biotech Giants

In the ever-evolving landscape of biotechnology, understanding the financial dynamics of industry leaders is crucial. Gilead Sciences, Inc. and Protagonist Therapeutics, Inc. offer a fascinating study in contrasts when it comes to Selling, General, and Administrative (SG&A) expenses. Over the past decade, Gilead Sciences has seen a steady increase in SG&A expenses, rising from approximately $3 billion in 2014 to over $6 billion in 2023, marking a 100% increase. This growth reflects Gilead's expansive market strategies and operational scale.
Conversely, Protagonist Therapeutics, a smaller player, has experienced a more modest rise in SG&A expenses, from under $2 million in 2014 to around $33 million in 2023. This represents a staggering 1,700% increase, indicative of its aggressive growth and market penetration efforts. These trends highlight the diverse strategies employed by biotech companies to navigate the competitive landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025