Cost of Revenue Comparison: Vertex Pharmaceuticals Incorporated vs Cytokinetics, Incorporated

Biotech Giants' Cost of Revenue: Vertex vs. Cytokinetics

__timestampCytokinetics, IncorporatedVertex Pharmaceuticals Incorporated
Wednesday, January 1, 20144442600060987000
Thursday, January 1, 201546398000125542000
Friday, January 1, 201659897000210460000
Sunday, January 1, 201790296000275119000
Monday, January 1, 201889135000409539000
Tuesday, January 1, 201986125000547758000
Wednesday, January 1, 202096951000736300000
Friday, January 1, 2021159938000904200000
Saturday, January 1, 20222408130001080300000
Sunday, January 1, 20233301230001262200000
Monday, January 1, 20241530500000
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Unlocking the unknown

Cost of Revenue: A Tale of Two Biotech Giants

In the competitive world of biotechnology, understanding cost structures is crucial. This analysis compares the cost of revenue for Vertex Pharmaceuticals Incorporated and Cytokinetics, Incorporated from 2014 to 2023. Over this period, Vertex Pharmaceuticals consistently outpaced Cytokinetics, with its cost of revenue growing by over 1,900%, reaching a peak in 2023. In contrast, Cytokinetics saw a more modest increase of approximately 640%.

Key Insights

  • Vertex Pharmaceuticals: Starting at $61 million in 2014, Vertex's cost of revenue surged to $1.26 billion by 2023, reflecting its aggressive expansion and increased production capabilities.
  • Cytokinetics: Beginning at $44 million in 2014, Cytokinetics' cost of revenue rose to $330 million in 2023, indicating steady growth.

This data highlights the differing strategies and market positions of these two biotech leaders, offering valuable insights for investors and industry analysts.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025