Cost of Revenue Trends: Bristol-Myers Squibb Company vs Ionis Pharmaceuticals, Inc.

Divergent cost trends in pharmaceutical giants: BMY vs. Ionis.

__timestampBristol-Myers Squibb CompanyIonis Pharmaceuticals, Inc.
Wednesday, January 1, 20143932000000241751000
Thursday, January 1, 20153909000000322292000
Friday, January 1, 20164946000000344320000
Sunday, January 1, 20176066000000374644000
Monday, January 1, 201865470000001820000
Tuesday, January 1, 201980780000004000000
Wednesday, January 1, 20201177300000012000000
Friday, January 1, 2021994000000011000000
Saturday, January 1, 20221013700000014000000
Sunday, January 1, 2023106930000009133000
Monday, January 1, 20241194900000011215000
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Unlocking the unknown

Cost of Revenue Trends: A Tale of Two Companies

In the ever-evolving pharmaceutical industry, understanding cost dynamics is crucial. Bristol-Myers Squibb Company (BMY) and Ionis Pharmaceuticals, Inc. (IONS) present a fascinating contrast in cost of revenue trends from 2014 to 2023. Over this period, BMY's cost of revenue surged by approximately 172%, peaking in 2020 with a notable 11% increase from the previous year. This growth reflects BMY's strategic investments and scaling operations. In contrast, Ionis Pharmaceuticals experienced a more volatile trajectory, with costs fluctuating significantly. Notably, Ionis saw a dramatic drop in 2018, with costs plummeting by over 99% compared to 2017, highlighting potential shifts in operational focus or strategic pivots. These trends underscore the diverse strategies employed by pharmaceutical giants in managing operational costs, offering valuable insights into their financial health and market strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025