Incyte Corporation or Xenon Pharmaceuticals Inc.: Who Manages SG&A Costs Better?

Incyte vs. Xenon: A Decade of SG&A Cost Management

__timestampIncyte CorporationXenon Pharmaceuticals Inc.
Wednesday, January 1, 20141657720005496000
Thursday, January 1, 20151966140009786000
Friday, January 1, 20163032510006792000
Sunday, January 1, 20173664060007313000
Monday, January 1, 20184344070008382000
Tuesday, January 1, 201946871100010803000
Wednesday, January 1, 202051692200012944000
Friday, January 1, 202173956000021967000
Saturday, January 1, 2022100214000032810000
Sunday, January 1, 2023116130000046542000
Monday, January 1, 20241242157000
Loading chart...

Unleashing the power of data

SG&A Cost Management: Incyte vs. Xenon

In the competitive landscape of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, Incyte Corporation and Xenon Pharmaceuticals Inc. have shown contrasting approaches. Incyte's SG&A expenses surged by over 600%, from approximately $166 million in 2014 to $1.16 billion in 2023. This reflects their aggressive expansion and investment in operational capabilities. Conversely, Xenon Pharmaceuticals maintained a more conservative growth, with SG&A costs increasing by around 750%, from $5.5 million to $46.5 million over the same period. While Incyte's larger scale allows for higher absolute spending, Xenon's leaner approach might suggest a more efficient cost management strategy. As the industry evolves, these trends highlight the strategic choices companies make in balancing growth with cost efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025