Comparing SG&A Expenses: Novartis AG vs Insmed Incorporated Trends and Insights

SG&A Expenses: Novartis vs Insmed - A Decade of Change

__timestampInsmed IncorporatedNovartis AG
Wednesday, January 1, 20143107300014993000000
Thursday, January 1, 20154321600014247000000
Friday, January 1, 20165067900014192000000
Sunday, January 1, 20177917100014997000000
Monday, January 1, 201816821800016471000000
Tuesday, January 1, 201921079600014369000000
Wednesday, January 1, 202020361300014197000000
Friday, January 1, 202123427300014886000000
Saturday, January 1, 202226578400014253000000
Sunday, January 1, 202334450100012489000000
Monday, January 1, 202412566000000
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Unlocking the unknown

SG&A Expenses: A Tale of Two Companies

In the world of pharmaceuticals, understanding the financial health of companies is crucial. Over the past decade, Novartis AG and Insmed Incorporated have shown contrasting trends in their Selling, General, and Administrative (SG&A) expenses. Novartis, a global leader, has seen a steady decline in its SG&A expenses, dropping from approximately $15 billion in 2014 to $12.5 billion in 2023. This represents a 17% reduction, reflecting strategic cost management. In contrast, Insmed, a smaller biotech firm, has experienced a dramatic increase in its SG&A expenses, skyrocketing by over 1,000% from $31 million in 2014 to $345 million in 2023. This surge highlights Insmed's aggressive expansion and investment in growth. These trends offer a fascinating glimpse into the strategic priorities of these companies, with Novartis focusing on efficiency and Insmed on growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025