Cost Insights: Breaking Down Perrigo Company plc and Veracyte, Inc.'s Expenses

Comparing Cost Trends: Perrigo vs. Veracyte

__timestampPerrigo Company plcVeracyte, Inc.
Wednesday, January 1, 2014261310000016606000
Thursday, January 1, 2015289150000021497000
Friday, January 1, 2016322880000025462000
Sunday, January 1, 2017296670000028195000
Monday, January 1, 2018290020000033078000
Tuesday, January 1, 2019306410000036523000
Wednesday, January 1, 2020324810000041455000
Friday, January 1, 2021272250000074400000
Saturday, January 1, 20222996200000101582000
Sunday, January 1, 20232975200000112903000
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Unlocking the unknown

Cost Insights: Perrigo Company plc vs. Veracyte, Inc.

In the ever-evolving landscape of the healthcare industry, understanding cost structures is crucial. Perrigo Company plc, a global leader in over-the-counter health products, and Veracyte, Inc., a pioneer in genomic diagnostics, offer a fascinating study in contrasts. From 2014 to 2023, Perrigo's cost of revenue has shown a steady trend, peaking in 2020 with a 24% increase from 2014. Meanwhile, Veracyte's expenses have surged, reflecting a 580% rise over the same period, indicative of its rapid growth and expansion in the genomic space. This data highlights the differing strategies of a mature company versus a burgeoning innovator. As Perrigo stabilizes its costs, Veracyte's increasing expenses underscore its investment in cutting-edge technology. These insights provide a window into the financial dynamics shaping the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025