Operational Costs Compared: SG&A Analysis of Eli Lilly and Company and Axsome Therapeutics, Inc.

SG&A Expenses: Eli Lilly vs. Axsome Therapeutics, 2014-2023

__timestampAxsome Therapeutics, Inc.Eli Lilly and Company
Wednesday, January 1, 201413928306620800000
Thursday, January 1, 201524192896533000000
Friday, January 1, 201663436486452000000
Sunday, January 1, 201772066916588100000
Monday, January 1, 201893515225975100000
Tuesday, January 1, 2019135980306213800000
Wednesday, January 1, 2020288967496121200000
Friday, January 1, 2021666462056431600000
Saturday, January 1, 20221592536616440400000
Sunday, January 1, 20233231230006941200000
Monday, January 1, 20244113590008593800000
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In pursuit of knowledge

A Tale of Two Companies: SG&A Expenses Over Time

In the ever-evolving pharmaceutical industry, operational efficiency is key to success. This analysis compares the Selling, General, and Administrative (SG&A) expenses of two prominent players: Eli Lilly and Company and Axsome Therapeutics, Inc., from 2014 to 2023. Eli Lilly, a century-old giant, consistently reported SG&A expenses around $6.5 billion annually, reflecting its expansive global operations. In contrast, Axsome Therapeutics, a relatively new entrant, saw its SG&A expenses skyrocket by over 23,000% from 2014 to 2023, highlighting its aggressive growth strategy. By 2023, Axsome's expenses reached approximately 5% of Eli Lilly's, a significant leap from less than 0.1% in 2014. This stark contrast underscores the different stages and strategies of these companies, offering insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025