Cost of Revenue: Key Insights for Vertex Pharmaceuticals Incorporated and Neurocrine Biosciences, Inc.

Biotech Giants: Cost of Revenue Trends from 2014 to 2023

__timestampNeurocrine Biosciences, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 20141440000060987000
Thursday, January 1, 201533800000125542000
Friday, January 1, 201635900000210460000
Sunday, January 1, 20171254000275119000
Monday, January 1, 20184889000409539000
Tuesday, January 1, 20197400000547758000
Wednesday, January 1, 202010100000736300000
Friday, January 1, 202114300000904200000
Saturday, January 1, 2022232000001080300000
Sunday, January 1, 2023397000001262200000
Monday, January 1, 2024340000001530500000
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Unleashing the power of data

Cost of Revenue Trends: Vertex Pharmaceuticals vs. Neurocrine Biosciences

In the ever-evolving landscape of biotechnology, understanding cost structures is crucial for investors and stakeholders. Over the past decade, Vertex Pharmaceuticals Incorporated and Neurocrine Biosciences, Inc. have shown distinct trajectories in their cost of revenue. From 2014 to 2023, Vertex Pharmaceuticals experienced a staggering increase of over 1,900% in its cost of revenue, reflecting its aggressive expansion and scaling of operations. In contrast, Neurocrine Biosciences saw a more modest rise of approximately 175%, indicating a more stable growth pattern.

Key Insights

  • Vertex Pharmaceuticals: By 2023, the cost of revenue reached over $1.26 billion, highlighting its significant market presence and operational scale.
  • Neurocrine Biosciences: Despite a lower cost of revenue, the company maintained a steady growth, peaking at nearly $40 million in 2023.

These insights provide a window into the strategic priorities and operational efficiencies of these biotech giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025