Cost Management Insights: SG&A Expenses for Pfizer Inc. and Incyte Corporation

SG&A Expenses: Pfizer vs. Incyte's Strategic Insights

__timestampIncyte CorporationPfizer Inc.
Wednesday, January 1, 201416577200014097000000
Thursday, January 1, 201519661400014809000000
Friday, January 1, 201630325100014837000000
Sunday, January 1, 201736640600014784000000
Monday, January 1, 201843440700014455000000
Tuesday, January 1, 201946871100014350000000
Wednesday, January 1, 202051692200011615000000
Friday, January 1, 202173956000012703000000
Saturday, January 1, 2022100214000013677000000
Sunday, January 1, 2023116130000014771000000
Monday, January 1, 2024124215700014730000000
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Unveiling the hidden dimensions of data

Navigating SG&A Expenses: A Tale of Two Giants

In the ever-evolving pharmaceutical landscape, effective cost management is crucial. This analysis of Selling, General, and Administrative (SG&A) expenses from 2014 to 2023 offers a glimpse into the financial strategies of Pfizer Inc. and Incyte Corporation. Over this period, Pfizer's SG&A expenses have shown a steady pattern, peaking in 2016 and 2023, with a slight dip in 2020, reflecting a strategic response to market dynamics. In contrast, Incyte Corporation's expenses have surged by over 600%, highlighting its aggressive expansion and investment in growth. By 2023, Incyte's SG&A expenses reached nearly 12% of Pfizer's, up from just 1% in 2014. This stark contrast underscores the differing approaches of a pharmaceutical giant and a rising star, offering valuable insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025