Cost of Revenue Comparison: Novartis AG vs Ionis Pharmaceuticals, Inc.

Pharma Giants' Cost of Revenue: A Decade in Review

__timestampIonis Pharmaceuticals, Inc.Novartis AG
Wednesday, January 1, 201424175100017345000000
Thursday, January 1, 201532229200017404000000
Friday, January 1, 201634432000017520000000
Sunday, January 1, 201737464400017175000000
Monday, January 1, 2018182000018407000000
Tuesday, January 1, 2019400000014425000000
Wednesday, January 1, 20201200000015121000000
Friday, January 1, 20211100000015867000000
Saturday, January 1, 20221400000015486000000
Sunday, January 1, 2023913300012472000000
Monday, January 1, 202412827000000
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Unlocking the unknown

Cost of Revenue: A Tale of Two Pharmaceutical Giants

In the ever-evolving pharmaceutical industry, understanding cost structures is crucial. This analysis compares the cost of revenue for Novartis AG and Ionis Pharmaceuticals, Inc. from 2014 to 2023. Novartis, a Swiss multinational, consistently reported a cost of revenue exceeding $12 billion annually, peaking in 2018. In contrast, Ionis, a smaller biotech firm, saw its highest cost in 2017, with a notable dip in 2018. Over the decade, Novartis's cost of revenue decreased by approximately 28%, while Ionis experienced a more volatile trend, with a 96% drop from its 2017 peak to 2023. This stark contrast highlights the differing scales and operational strategies of these companies. As Novartis streamlines its operations, Ionis's fluctuations may reflect its adaptive strategies in a competitive market. Such insights are invaluable for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025