Key Insights on Gross Profit: Alkermes plc vs Arrowhead Pharmaceuticals, Inc.

Alkermes vs Arrowhead: A Decade of Financial Growth

__timestampAlkermes plcArrowhead Pharmaceuticals, Inc.
Wednesday, January 1, 2014170914000175000
Thursday, January 1, 2015144942000382000
Friday, January 1, 2016226424000158333
Sunday, January 1, 201733573700031407709
Monday, January 1, 201849244800016142321
Tuesday, January 1, 2019477729000168795577
Wednesday, January 1, 202046585200087992066
Friday, January 1, 2021569838000138287000
Saturday, January 1, 2022893687000232810000
Sunday, January 1, 20231410368000240735000
Monday, January 1, 202413123010003551000
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In pursuit of knowledge

A Tale of Two Biopharma Giants: Alkermes plc vs Arrowhead Pharmaceuticals, Inc.

In the dynamic world of biopharmaceuticals, understanding financial health is crucial. Over the past decade, Alkermes plc has consistently outperformed Arrowhead Pharmaceuticals, Inc. in terms of gross profit. From 2014 to 2023, Alkermes saw a staggering 726% increase in gross profit, peaking at approximately $1.41 billion in 2023. In contrast, Arrowhead's growth, while notable, was more modest, with a peak gross profit of around $240 million in 2023.

Alkermes' robust growth trajectory highlights its strategic prowess in the industry, while Arrowhead's steady climb reflects its potential and resilience. However, the data for 2024 is incomplete, leaving room for speculation on future trends. As these companies continue to innovate, investors and stakeholders should keep a keen eye on their financial performances to gauge their market positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025