Gross Profit Comparison: Gilead Sciences, Inc. and Biogen Inc. Trends

Biotech Giants' Profit Trends: A Decade in Review

__timestampBiogen Inc.Gilead Sciences, Inc.
Wednesday, January 1, 2014853228800021102000000
Thursday, January 1, 2015952340000028633000000
Friday, January 1, 2016997010000026129000000
Sunday, January 1, 20171064390000021736000000
Monday, January 1, 20181163660000017274000000
Tuesday, January 1, 20191242250000017774000000
Wednesday, January 1, 20201163940000020117000000
Friday, January 1, 2021887200000020704000000
Saturday, January 1, 2022789510000021624000000
Sunday, January 1, 2023730220000020618000000
Monday, January 1, 2024967590000078200000
Loading chart...

Data in motion

A Decade of Gross Profit Trends: Gilead Sciences, Inc. vs. Biogen Inc.

In the ever-evolving landscape of biotechnology, Gilead Sciences, Inc. and Biogen Inc. have been pivotal players. Over the past decade, from 2014 to 2023, these giants have showcased intriguing trends in their gross profits. Gilead Sciences, Inc. consistently outperformed Biogen Inc., with its gross profit peaking in 2015 at approximately 28.6 billion USD, a remarkable 34% higher than Biogen's peak in 2019. However, Gilead's profits saw a decline of about 28% by 2018, reflecting industry challenges. Meanwhile, Biogen's gross profit demonstrated a steady climb, reaching its zenith in 2019, before experiencing a 41% drop by 2023. This data not only highlights the competitive dynamics between these two companies but also underscores the broader economic and market forces at play in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025