Operational Costs Compared: SG&A Analysis of Gilead Sciences, Inc. and Vertex Pharmaceuticals Incorporated

Gilead vs. Vertex: SG&A Expense Trends Unveiled

__timestampGilead Sciences, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 20142983000000305409000
Thursday, January 1, 20153426000000377080000
Friday, January 1, 20163398000000432829000
Sunday, January 1, 20173878000000496079000
Monday, January 1, 20184056000000557616000
Tuesday, January 1, 20194381000000658498000
Wednesday, January 1, 20205151000000770456000
Friday, January 1, 20215246000000840100000
Saturday, January 1, 20225673000000944700000
Sunday, January 1, 202360900000001136600000
Monday, January 1, 202460910000001464300000
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Igniting the spark of knowledge

SG&A Expenses: A Tale of Two Biotech Giants

In the competitive world of biotechnology, operational efficiency is key. Gilead Sciences, Inc. and Vertex Pharmaceuticals Incorporated, two industry leaders, have shown contrasting trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Gilead's SG&A expenses surged by over 100%, reaching approximately $6.1 billion in 2023. This reflects a strategic expansion and increased investment in operational capabilities. In contrast, Vertex Pharmaceuticals, while also increasing its SG&A expenses, maintained a more conservative growth of around 270%, peaking at $1.14 billion in 2023. This disparity highlights different strategic approaches: Gilead's aggressive scaling versus Vertex's steady growth. As these companies continue to evolve, their SG&A trends offer valuable insights into their operational priorities and market strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025