Cost of Revenue Comparison: AbbVie Inc. vs GSK plc

AbbVie vs GSK: A Decade of Cost Dynamics

__timestampAbbVie Inc.GSK plc
Wednesday, January 1, 201444260000007323000000
Thursday, January 1, 201545000000008853000000
Friday, January 1, 201658330000009290000000
Sunday, January 1, 2017704000000010342000000
Monday, January 1, 2018771800000010241000000
Tuesday, January 1, 2019743900000011863000000
Wednesday, January 1, 20201538700000011704000000
Friday, January 1, 20211744600000011603000000
Saturday, January 1, 2022174140000009554000000
Sunday, January 1, 2023204150000008565000000
Monday, January 1, 202416904000000
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Cracking the code

Cost of Revenue: A Tale of Two Giants

In the ever-evolving pharmaceutical industry, understanding cost dynamics is crucial. Over the past decade, AbbVie Inc. and GSK plc have showcased contrasting trends in their cost of revenue. From 2014 to 2023, AbbVie Inc. saw a staggering 361% increase, peaking in 2023. This growth reflects their aggressive expansion and investment in new therapies. In contrast, GSK plc's cost of revenue remained relatively stable, with a modest 17% increase over the same period, indicating a more conservative approach.

Key Insights

  • AbbVie Inc.: From $4.4 billion in 2014 to $20.4 billion in 2023, AbbVie's cost of revenue highlights their strategic investments.
  • GSK plc: Starting at $7.3 billion in 2014 and reaching $8.6 billion in 2023, GSK's steady trajectory suggests a focus on efficiency.
    These insights offer a glimpse into the strategic priorities of these pharmaceutical giants, shaping their future in the global market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025