Cost of Revenue Trends: Eli Lilly and Company vs Vericel Corporation

Eli Lilly vs Vericel: Cost of Revenue Insights

__timestampEli Lilly and CompanyVericel Corporation
Wednesday, January 1, 2014493250000017293000
Thursday, January 1, 2015503720000026470000
Friday, January 1, 2016565490000028307000
Sunday, January 1, 2017607020000030354000
Monday, January 1, 2018468170000032160000
Tuesday, January 1, 2019472120000037571000
Wednesday, January 1, 2020548330000039951000
Friday, January 1, 2021731280000050159000
Saturday, January 1, 2022662980000054577000
Sunday, January 1, 2023708220000061940000
Monday, January 1, 20248418299999
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Cost of Revenue Trends: A Tale of Two Companies

In the ever-evolving landscape of the pharmaceutical and biotechnology sectors, understanding cost dynamics is crucial. Eli Lilly and Company, a stalwart in the pharmaceutical industry, has seen its cost of revenue grow by approximately 44% from 2014 to 2023. This increase reflects the company's strategic investments in research and development, as well as its expansion into new markets. In contrast, Vericel Corporation, a smaller player in the biotech field, has experienced a staggering 258% rise in its cost of revenue over the same period. This growth underscores Vericel's aggressive push to scale its operations and enhance its product offerings. While Eli Lilly's cost of revenue remains significantly higher, Vericel's rapid growth trajectory highlights its potential to disrupt the market. These trends offer a fascinating glimpse into the financial strategies of two distinct companies navigating the complexities of their respective industries.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025