Selling, General, and Administrative Costs: Vertex Pharmaceuticals Incorporated vs Agios Pharmaceuticals, Inc.

Vertex vs. Agios: A Decade of SG&A Expense Trends

__timestampAgios Pharmaceuticals, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 201419120000305409000
Thursday, January 1, 201535992000377080000
Friday, January 1, 201650714000432829000
Sunday, January 1, 201771124000496079000
Monday, January 1, 2018114145000557616000
Tuesday, January 1, 2019132034000658498000
Wednesday, January 1, 2020149070000770456000
Friday, January 1, 2021121445000840100000
Saturday, January 1, 2022121673000944700000
Sunday, January 1, 20231199030001136600000
Monday, January 1, 20241567840001464300000
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Unlocking the unknown

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

In the competitive world of biotechnology, managing operational costs is crucial for success. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Vertex Pharmaceuticals Incorporated and Agios Pharmaceuticals, Inc. from 2014 to 2023. Over this period, Vertex consistently outspent Agios, with its SG&A expenses growing by approximately 270%, reaching over $1.1 billion in 2023. In contrast, Agios saw a more modest increase of around 525%, peaking at $149 million in 2020 before slightly declining. This trend highlights Vertex's aggressive investment in administrative and sales functions, possibly reflecting its expansive market strategy. Meanwhile, Agios's steadier growth suggests a more conservative approach. Understanding these financial strategies provides insight into each company's operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025