Comparing SG&A Expenses: Ultragenyx Pharmaceutical Inc. vs Protagonist Therapeutics, Inc. Trends and Insights

SG&A Expense Trends: Ultragenyx vs. Protagonist (2014-2023)

__timestampProtagonist Therapeutics, Inc.Ultragenyx Pharmaceutical Inc.
Wednesday, January 1, 2014186000010811000
Thursday, January 1, 2015296300033001000
Friday, January 1, 2016696100064936000
Sunday, January 1, 20171177900099909000
Monday, January 1, 201813697000127724000
Tuesday, January 1, 201915749000161524000
Wednesday, January 1, 202018638000182933000
Friday, January 1, 202127196000219982000
Saturday, January 1, 202231739000278139000
Sunday, January 1, 202333491000309799000
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Data in motion

A Decade of SG&A Trends: Ultragenyx vs. Protagonist

In the competitive landscape of biotechnology, understanding financial trends is crucial. Over the past decade, Ultragenyx Pharmaceutical Inc. and Protagonist Therapeutics, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Ultragenyx's SG&A expenses surged by nearly 2,800%, reflecting its aggressive growth strategy. In contrast, Protagonist's expenses increased by approximately 1,700%, indicating a more measured expansion.

Key Insights

  • 2014-2018: Ultragenyx consistently outpaced Protagonist, with expenses growing from $10.8 million to $127.7 million, a 1,083% increase.
  • 2019-2023: Both companies saw significant growth, but Ultragenyx maintained a lead, reaching $309.8 million by 2023.

These trends highlight Ultragenyx's robust investment in operational capabilities, while Protagonist's steady rise suggests strategic scaling. Investors and stakeholders should consider these financial patterns when evaluating future prospects.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025