Cost of Revenue Trends: Veracyte, Inc. vs Celldex Therapeutics, Inc.

Biotech Cost Trends: Veracyte vs. Celldex Over a Decade

__timestampCelldex Therapeutics, Inc.Veracyte, Inc.
Wednesday, January 1, 201410188100016606000
Thursday, January 1, 2015401100021497000
Friday, January 1, 201610202600025462000
Sunday, January 1, 20179617100028195000
Monday, January 1, 20186644900033078000
Tuesday, January 1, 20194267200036523000
Wednesday, January 1, 20204253400041455000
Friday, January 1, 2021306800074400000
Saturday, January 1, 20221400000101582000
Sunday, January 1, 20233008000112903000
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Data in motion

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 Veracyte, Inc. and Celldex Therapeutics, Inc. over the past decade. From 2014 to 2023, Veracyte, Inc. has shown a remarkable upward trajectory, with its cost of revenue increasing by approximately 580%, peaking in 2023. This reflects the company's expanding operations and market reach. In contrast, Celldex Therapeutics, Inc. experienced a more volatile pattern, with a significant drop of nearly 97% from its 2014 peak to 2022, before a slight recovery in 2023. This fluctuation may indicate strategic shifts or market challenges. Such insights are invaluable for those looking to navigate the biotech investment landscape, offering a glimpse into the financial health and strategic directions of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025