Ultragenyx Pharmaceutical Inc. or Xencor, Inc.: Who Manages SG&A Costs Better?

Ultragenyx vs. Xencor: SG&A Cost Management Showdown

__timestampUltragenyx Pharmaceutical Inc.Xencor, Inc.
Wednesday, January 1, 2014108110007461000
Thursday, January 1, 20153300100011960000
Friday, January 1, 20166493600013108000
Sunday, January 1, 20179990900017501000
Monday, January 1, 201812772400022472000
Tuesday, January 1, 201916152400024286000
Wednesday, January 1, 202018293300029689000
Friday, January 1, 202121998200038837000
Saturday, January 1, 202227813900047489000
Sunday, January 1, 202330979900053379000
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Unlocking the unknown

Ultragenyx vs. Xencor: A Decade of SG&A Management

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for sustaining growth and profitability. Over the past decade, Ultragenyx Pharmaceutical Inc. and Xencor, Inc. have demonstrated contrasting approaches to SG&A cost management. From 2014 to 2023, Ultragenyx's SG&A expenses surged by nearly 2,800%, reflecting its aggressive expansion strategy. In contrast, Xencor maintained a more conservative growth, with SG&A costs increasing by approximately 615% over the same period.

While Ultragenyx's strategy may indicate a robust investment in scaling operations, Xencor's approach suggests a focus on efficiency and cost control. This divergence highlights the strategic choices companies make in balancing growth with financial prudence. As the biotech industry continues to evolve, these insights offer valuable lessons in financial management and strategic planning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025