Cost of Revenue Trends: Cytokinetics, Incorporated vs Agios Pharmaceuticals, Inc.

Biotech Cost Trends: Cytokinetics vs. Agios

__timestampAgios Pharmaceuticals, Inc.Cytokinetics, Incorporated
Wednesday, January 1, 201410037100044426000
Thursday, January 1, 201514182700046398000
Friday, January 1, 201622016300059897000
Sunday, January 1, 201729268100090296000
Monday, January 1, 2018139700089135000
Tuesday, January 1, 2019131700086125000
Wednesday, January 1, 2020280500096951000
Friday, January 1, 202118777000159938000
Saturday, January 1, 20221704000240813000
Sunday, January 1, 20239504000330123000
Monday, January 1, 20244165000
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In pursuit of knowledge

Cost of Revenue Trends: A Tale of Two Biotech Companies

In the dynamic world of biotechnology, understanding cost structures is crucial for investors and stakeholders. This analysis delves into the cost of revenue trends for Cytokinetics, Incorporated and Agios Pharmaceuticals, Inc. over the past decade. From 2014 to 2023, Cytokinetics has seen a remarkable increase in its cost of revenue, growing by approximately 643%, from $44 million to $330 million. This surge reflects the company's expanding operations and investment in research and development. In contrast, Agios Pharmaceuticals experienced a more volatile trajectory. After peaking in 2017, with costs reaching $293 million, Agios saw a dramatic decline, with costs plummeting by over 96% by 2022. This fluctuation may indicate strategic shifts or changes in operational focus. These trends offer a window into the financial strategies and market positioning of these biotech giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025