Comparing SG&A Expenses: Incyte Corporation vs Dr. Reddy's Laboratories Limited Trends and Insights

SG&A Expenses: Incyte vs. Dr. Reddy's - A Decade of Insights

__timestampDr. Reddy's Laboratories LimitedIncyte Corporation
Wednesday, January 1, 201438783000000165772000
Thursday, January 1, 201542585000000196614000
Friday, January 1, 201645702000000303251000
Sunday, January 1, 201746372000000366406000
Monday, January 1, 201846910000000434407000
Tuesday, January 1, 201948890000000468711000
Wednesday, January 1, 202050129000000516922000
Friday, January 1, 202154559000000739560000
Saturday, January 1, 2022620810000001002140000
Sunday, January 1, 20231059310000001161300000
Monday, January 1, 2024772010000001242157000
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Unleashing the power of data

SG&A Expenses: A Tale of Two Companies

In the competitive landscape of the pharmaceutical industry, understanding the financial strategies of key players is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Incyte Corporation and Dr. Reddy's Laboratories Limited from 2014 to 2023.

Key Insights

Dr. Reddy's Laboratories consistently outpaces Incyte Corporation in SG&A spending, with a staggering 1,750% higher average over the decade. Notably, Dr. Reddy's expenses peaked in 2023, reaching over 105 billion, a 70% increase from 2022. In contrast, Incyte's expenses grew steadily, peaking at 1.16 billion in 2023, marking a 600% increase since 2014.

Trends and Implications

The data suggests Dr. Reddy's aggressive market expansion and operational scale, while Incyte's growth reflects strategic investments in innovation. Missing data for 2024 indicates potential reporting delays or strategic shifts. These insights offer a window into the financial health and strategic priorities of these industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025