Cost of Revenue Trends: United Therapeutics Corporation vs Veracyte, Inc.

Biotech Giants' Cost of Revenue: A Decade of Growth

__timestampUnited Therapeutics CorporationVeracyte, Inc.
Wednesday, January 1, 201412588300016606000
Thursday, January 1, 20156903600021497000
Friday, January 1, 20167270000025462000
Sunday, January 1, 201710570000028195000
Monday, January 1, 201819870000033078000
Tuesday, January 1, 201911760000036523000
Wednesday, January 1, 202010810000041455000
Friday, January 1, 202112250000074400000
Saturday, January 1, 2022146700000101582000
Sunday, January 1, 2023257500000112903000
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Cracking the code

Cost of Revenue Trends: A Tale of Two Companies

In the ever-evolving landscape of biotechnology, United Therapeutics Corporation and Veracyte, Inc. have showcased intriguing cost of revenue trends over the past decade. From 2014 to 2023, United Therapeutics saw a remarkable 104% increase in their cost of revenue, peaking in 2023. This growth reflects their expanding operations and investment in innovative therapies. Meanwhile, Veracyte, Inc. experienced a staggering 580% rise, highlighting their aggressive market expansion and increased production capabilities.

A Decade of Growth and Transformation

United Therapeutics began with a cost of revenue of approximately $126 million in 2014, which surged to $258 million by 2023. Veracyte, starting at a modest $17 million, reached $113 million in the same period. These trends underscore the dynamic nature of the biotech industry, where strategic investments and market positioning play pivotal roles in shaping financial trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025