Veracyte, Inc. or BioCryst Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

Veracyte vs. BioCryst: SG&A Cost Management Showdown

__timestampBioCryst Pharmaceuticals, Inc.Veracyte, Inc.
Wednesday, January 1, 2014746100040786000
Thursday, January 1, 20151304700047876000
Friday, January 1, 20161125300052035000
Sunday, January 1, 20171393300055348000
Monday, January 1, 20182951400065276000
Tuesday, January 1, 20193712100082720000
Wednesday, January 1, 20206792900089118000
Friday, January 1, 2021118818000181193000
Saturday, January 1, 2022159371000174078000
Sunday, January 1, 2023213894000184232000
Loading chart...

Unlocking the unknown

Who Manages SG&A Costs Better: Veracyte, Inc. or BioCryst Pharmaceuticals, Inc.?

In the competitive landscape of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability and operational efficiency. Over the past decade, Veracyte, Inc. and BioCryst Pharmaceuticals, Inc. have shown distinct trends in their SG&A expenditures. From 2014 to 2023, Veracyte's SG&A costs increased by approximately 350%, peaking in 2023. In contrast, BioCryst's expenses surged by nearly 280% during the same period. Notably, Veracyte consistently maintained higher SG&A expenses, with a mean of $97 million compared to BioCryst's $67 million. This suggests Veracyte's aggressive investment in administrative functions, potentially reflecting a strategy focused on rapid growth and market expansion. Meanwhile, BioCryst's more conservative spending could indicate a focus on cost efficiency. Understanding these trends provides valuable insights into each company's strategic priorities and financial health.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025