Cost of Revenue Comparison: Teva Pharmaceutical Industries Limited vs Veracyte, Inc.

Teva vs Veracyte: A Decade of Cost Dynamics

__timestampTeva Pharmaceutical Industries LimitedVeracyte, Inc.
Wednesday, January 1, 2014921600000016606000
Thursday, January 1, 2015829600000021497000
Friday, January 1, 20161004400000025462000
Sunday, January 1, 20171156000000028195000
Monday, January 1, 20181055800000033078000
Tuesday, January 1, 2019935100000036523000
Wednesday, January 1, 2020893300000041455000
Friday, January 1, 2021828400000074400000
Saturday, January 1, 20227952000000101582000
Sunday, January 1, 20238200000000112903000
Monday, January 1, 20248480000000
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In pursuit of knowledge

A Tale of Two Companies: Cost of Revenue Trends

In the pharmaceutical and biotech sectors, understanding cost structures is crucial for evaluating company performance. Teva Pharmaceutical Industries Limited, a global leader in generic drugs, and Veracyte, Inc., a pioneer in genomic diagnostics, present a fascinating contrast in their cost of revenue trends from 2014 to 2023.

Teva's cost of revenue has seen a gradual decline, dropping approximately 14% from its peak in 2017. This trend reflects strategic cost management amidst industry challenges. In contrast, Veracyte's cost of revenue has surged by over 580% during the same period, indicative of its aggressive growth and expansion in the genomic diagnostics market.

These trends highlight the dynamic nature of the healthcare industry, where established giants and innovative newcomers navigate their paths to profitability. Investors and analysts should consider these cost dynamics when assessing the financial health and strategic direction of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025