Cost Management Insights: SG&A Expenses for Eli Lilly and Company and Corcept Therapeutics Incorporated

SG&A Expense Trends: Eli Lilly vs. Corcept Therapeutics

__timestampCorcept Therapeutics IncorporatedEli Lilly and Company
Wednesday, January 1, 2014349160006620800000
Thursday, January 1, 2015369490006533000000
Friday, January 1, 2016452400006452000000
Sunday, January 1, 2017624160006588100000
Monday, January 1, 2018812890005975100000
Tuesday, January 1, 20191003590006213800000
Wednesday, January 1, 20201053260006121200000
Friday, January 1, 20211223560006431600000
Saturday, January 1, 20221528480006440400000
Sunday, January 1, 20231842590006941200000
Monday, January 1, 20248593800000
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Infusing magic into the data realm

Navigating SG&A Expenses: A Tale of Two Companies

In the competitive landscape of pharmaceuticals, effective cost management is crucial. Over the past decade, Eli Lilly and Company and Corcept Therapeutics Incorporated have demonstrated contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses.

Eli Lilly, a giant in the industry, has maintained a relatively stable SG&A expense, averaging around $6.4 billion annually. This consistency reflects their robust operational efficiency and strategic investments in marketing and administration. In contrast, Corcept Therapeutics, a smaller player, has seen a dramatic increase in SG&A expenses, growing over 400% from 2014 to 2023. This surge indicates aggressive expansion efforts and increased market penetration.

Understanding these trends provides valuable insights into how different companies navigate financial strategies to maintain competitiveness and drive growth in the ever-evolving pharmaceutical sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025