Gross Profit Analysis: Comparing Vertex Pharmaceuticals Incorporated and Arrowhead Pharmaceuticals, Inc.

Biopharma Giants: Vertex vs. Arrowhead Gross Profit Trends

__timestampArrowhead Pharmaceuticals, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 2014175000519428000
Thursday, January 1, 2015382000906794000
Friday, January 1, 20161583331491717000
Sunday, January 1, 2017314077092213533000
Monday, January 1, 2018161423212638058000
Tuesday, January 1, 20191687955773615063000
Wednesday, January 1, 2020879920665469383000
Friday, January 1, 20211382870006670200000
Saturday, January 1, 20222328100007850400000
Sunday, January 1, 20232407350008607000000
Monday, January 1, 202435510009489600000
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Igniting the spark of knowledge

Gross Profit Trends in Biopharmaceuticals

A Decade of Growth and Innovation

Over the past decade, the biopharmaceutical industry has witnessed remarkable growth, with companies like Vertex Pharmaceuticals Incorporated and Arrowhead Pharmaceuticals, Inc. leading the charge. From 2014 to 2023, Vertex Pharmaceuticals has consistently demonstrated robust financial performance, with gross profits soaring from approximately $519 million in 2014 to an impressive $8.6 billion in 2023. This represents a staggering increase of over 1,500%, underscoring Vertex's dominance in the sector.

In contrast, Arrowhead Pharmaceuticals, while showing growth, has experienced more modest gains. Starting with a gross profit of around $175,000 in 2014, Arrowhead reached $240 million by 2023, marking a significant yet smaller increase. The data highlights the dynamic nature of the biopharmaceutical landscape, where innovation and strategic investments drive financial success. Notably, 2024 data for Vertex is missing, indicating potential future updates or developments.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025