Cost of Revenue Trends: Bristol-Myers Squibb Company vs Cytokinetics, Incorporated

Pharma Giants: Cost Trends Over a Decade

__timestampBristol-Myers Squibb CompanyCytokinetics, Incorporated
Wednesday, January 1, 2014393200000044426000
Thursday, January 1, 2015390900000046398000
Friday, January 1, 2016494600000059897000
Sunday, January 1, 2017606600000090296000
Monday, January 1, 2018654700000089135000
Tuesday, January 1, 2019807800000086125000
Wednesday, January 1, 20201177300000096951000
Friday, January 1, 20219940000000159938000
Saturday, January 1, 202210137000000240813000
Sunday, January 1, 202310693000000330123000
Monday, January 1, 20240
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Data in motion

Cost of Revenue Trends: A Tale of Two Companies

In the ever-evolving pharmaceutical landscape, understanding cost dynamics is crucial. Bristol-Myers Squibb Company, a titan in the industry, has seen its cost of revenue grow by approximately 172% from 2014 to 2023. This increase reflects strategic investments and scaling operations. In contrast, Cytokinetics, Incorporated, a smaller player, has experienced a staggering 643% rise in the same period, albeit from a much smaller base. This growth underscores its aggressive expansion and innovation efforts.

A Decade of Change

From 2014 to 2023, Bristol-Myers Squibb's cost of revenue peaked in 2020, coinciding with global health challenges, while Cytokinetics saw its highest costs in 2023, indicating a recent surge in activity. These trends highlight the differing strategies and market positions of these companies, offering insights into their operational priorities and market responses.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025