Exelixis, Inc. vs Arrowhead Pharmaceuticals, Inc.: A Gross Profit Performance Breakdown

Biotech Giants: Exelixis vs. Arrowhead's Profit Journey

__timestampArrowhead Pharmaceuticals, Inc.Exelixis, Inc.
Wednesday, January 1, 201417500023068000
Thursday, January 1, 201538200033277000
Friday, January 1, 2016158333184902000
Sunday, January 1, 201731407709437411000
Monday, January 1, 201816142321827478000
Tuesday, January 1, 2019168795577934678000
Wednesday, January 1, 202087992066951266000
Friday, January 1, 20211382870001382097000
Saturday, January 1, 20222328100001553153000
Sunday, January 1, 20232407350001757661000
Monday, January 1, 202435510002168701000
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Unlocking the unknown

A Tale of Two Biotechs: Exelixis vs. Arrowhead

In the competitive world of biotechnology, Exelixis, Inc. and Arrowhead Pharmaceuticals, Inc. have charted distinct paths in their financial journeys. From 2014 to 2023, Exelixis has consistently outperformed Arrowhead in gross profit, showcasing a robust growth trajectory. In 2023, Exelixis achieved a gross profit of approximately $1.76 billion, marking a staggering 660% increase from 2014. In contrast, Arrowhead's gross profit peaked at around $240 million in 2023, a significant rise from its modest beginnings in 2014.

Exelixis's financial prowess is evident, with its gross profit in 2023 being over seven times that of Arrowhead. This disparity highlights Exelixis's strategic market positioning and operational efficiency. However, Arrowhead's growth, despite being overshadowed, is commendable, reflecting its potential in the biotech sector. As we look to the future, the missing data for 2024 leaves room for speculation and anticipation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025