Cost of Revenue: Key Insights for Halozyme Therapeutics, Inc. and Corcept Therapeutics Incorporated

Biotech Cost Trends: Halozyme vs. Corcept (2014-2023)

__timestampCorcept Therapeutics IncorporatedHalozyme Therapeutics, Inc.
Wednesday, January 1, 201488200022732000
Thursday, January 1, 2015136100029245000
Friday, January 1, 2016205800033206000
Sunday, January 1, 2017355400031152000
Monday, January 1, 2018521500010136000
Tuesday, January 1, 2019550400045546000
Wednesday, January 1, 2020558200043367000
Friday, January 1, 2021528100081413000
Saturday, January 1, 20225385000139304000
Sunday, January 1, 20236481000192361000
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Cracking the code

Analyzing Cost of Revenue Trends: Halozyme vs. Corcept

In the competitive landscape of biotechnology, understanding cost structures is crucial. This analysis delves into the cost of revenue trends for Halozyme Therapeutics, Inc. and Corcept Therapeutics Incorporated from 2014 to 2023. Over this period, Halozyme's cost of revenue surged by an impressive 747%, peaking at $192 million in 2023. This growth reflects their expanding operations and increased production costs. In contrast, Corcept's cost of revenue grew by 635%, reaching $6.5 million in 2023. Despite the smaller scale, Corcept's consistent growth highlights their strategic cost management. Notably, Halozyme's cost of revenue in 2023 was approximately 30 times that of Corcept, underscoring the scale difference between the two companies. These insights provide a window into the financial strategies and operational efficiencies of these biotech firms, offering valuable lessons for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025