Cost of Revenue Trends: Incyte Corporation vs Celldex Therapeutics, Inc.

Biotech Giants' Cost Trends: Incyte vs. Celldex

__timestampCelldex Therapeutics, Inc.Incyte Corporation
Wednesday, January 1, 20141018810003004000
Thursday, January 1, 2015401100026972000
Friday, January 1, 201610202600058187000
Sunday, January 1, 20179617100079479000
Monday, January 1, 20186644900094123000
Tuesday, January 1, 201942672000114249000
Wednesday, January 1, 202042534000131328000
Friday, January 1, 20213068000150991000
Saturday, January 1, 20221400000206997000
Sunday, January 1, 20233008000255000000
Monday, January 1, 2024312068000
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Unleashing insights

Cost of Revenue Trends: A Tale of Two Biotech Giants

In the ever-evolving landscape of biotechnology, understanding cost dynamics is crucial. This analysis delves into the cost of revenue trends for Incyte Corporation and Celldex Therapeutics, Inc. over the past decade. From 2014 to 2023, Incyte Corporation has seen a staggering increase in its cost of revenue, growing by over 8,400%, from a modest $3 million in 2014 to a substantial $255 million in 2023. This reflects Incyte's aggressive expansion and investment in research and development.

Conversely, Celldex Therapeutics, Inc. experienced a more volatile journey. Starting at $102 million in 2014, their cost of revenue plummeted to just $3 million by 2023, a dramatic 97% decrease. This shift may indicate strategic pivots or operational efficiencies. These contrasting trends highlight the diverse strategies within the biotech sector, offering valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025