Cost of Revenue Comparison: Gilead Sciences, Inc. vs Corcept Therapeutics Incorporated

Biotech Giants: Gilead vs. Corcept in Cost Management

__timestampCorcept Therapeutics IncorporatedGilead Sciences, Inc.
Wednesday, January 1, 20148820003788000000
Thursday, January 1, 201513610004006000000
Friday, January 1, 201620580004261000000
Sunday, January 1, 201735540004371000000
Monday, January 1, 201852150004853000000
Tuesday, January 1, 201955040004675000000
Wednesday, January 1, 202055820004572000000
Friday, January 1, 202152810006601000000
Saturday, January 1, 202253850005657000000
Sunday, January 1, 202364810006498000000
Monday, January 1, 202428675800000
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Unleashing insights

Cost of Revenue: A Tale of Two Biotech Giants

In the ever-evolving landscape of biotechnology, Gilead Sciences, Inc. and Corcept Therapeutics Incorporated stand as intriguing case studies in cost management. From 2014 to 2023, Gilead's cost of revenue has consistently dwarfed that of Corcept, averaging around $4.9 billion annually, compared to Corcept's $4.1 million. This stark contrast highlights the scale at which Gilead operates, with its cost of revenue peaking at $6.6 billion in 2021, a year marked by significant global health challenges.

Corcept, on the other hand, has shown a steady increase in its cost of revenue, growing by over 600% from 2014 to 2023. This growth reflects its expanding operations and market presence. As we delve into these figures, it becomes evident that while Gilead's financial muscle is formidable, Corcept's growth trajectory is a testament to its strategic advancements in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025