Cost of Revenue Trends: Gilead Sciences, Inc. vs Geron Corporation

Biotech Giants' Cost Trends: Gilead vs. Geron

__timestampGeron CorporationGilead Sciences, Inc.
Wednesday, January 1, 201489010003788000000
Thursday, January 1, 201595740004006000000
Friday, January 1, 2016146950004261000000
Sunday, January 1, 201784370004371000000
Monday, January 1, 2018127230004853000000
Tuesday, January 1, 2019512720004675000000
Wednesday, January 1, 2020500520004572000000
Friday, January 1, 20217830006601000000
Saturday, January 1, 20228680005657000000
Sunday, January 1, 20231237400006498000000
Monday, January 1, 202428675800000
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In pursuit of knowledge

Cost of Revenue Trends: A Tale of Two Biotech Giants

In the ever-evolving landscape of biotechnology, Gilead Sciences, Inc. and Geron Corporation stand as intriguing case studies in cost management. From 2014 to 2023, Gilead Sciences consistently reported a cost of revenue that dwarfed Geron's, with figures peaking at approximately $6.6 billion in 2021. This represents a staggering 1,000-fold increase compared to Geron's highest cost of revenue, which reached around $123 million in 2023.

A Decade of Divergence

While Gilead's cost of revenue saw a steady climb, reflecting its expansive operations and market reach, Geron's figures remained relatively modest, with significant fluctuations. Notably, Geron's cost of revenue spiked in 2019 and 2023, hinting at strategic shifts or investments. This contrast underscores the diverse strategies employed by biotech firms in managing operational costs, with Gilead's scale offering both opportunities and challenges in cost efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025