Cost Management Insights: SG&A Expenses for Gilead Sciences, Inc. and ADMA Biologics, Inc.

SG&A Expenses: Gilead vs. ADMA - A Decade of Growth

__timestampADMA Biologics, Inc.Gilead Sciences, Inc.
Wednesday, January 1, 201448238692983000000
Thursday, January 1, 201567459683426000000
Friday, January 1, 201684947423398000000
Sunday, January 1, 2017180928353878000000
Monday, January 1, 2018225029224056000000
Tuesday, January 1, 2019259107574381000000
Wednesday, January 1, 2020350508175151000000
Friday, January 1, 2021428968895246000000
Saturday, January 1, 2022524580245673000000
Sunday, January 1, 2023590200006090000000
Monday, January 1, 20246091000000
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Unlocking the unknown

Navigating SG&A Expenses: A Tale of Two Biotech Giants

In the ever-evolving landscape of biotechnology, effective cost management is crucial for sustained growth and innovation. Over the past decade, Gilead Sciences, Inc. and ADMA Biologics, Inc. have demonstrated contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Gilead Sciences saw a steady increase in SG&A expenses, peaking at approximately $6.09 billion in 2023, reflecting a 104% rise from 2014. This growth underscores Gilead's expansive operational strategies and market reach.

Conversely, ADMA Biologics, a smaller player, experienced a dramatic 1,124% surge in SG&A expenses, reaching $59 million in 2023. This sharp increase highlights ADMA's aggressive scaling efforts and investment in market penetration. As these companies navigate the complexities of the biotech sector, their SG&A trends offer valuable insights into their strategic priorities and financial health.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025