Who Generates Higher Gross Profit? Gilead Sciences, Inc. or BioMarin Pharmaceutical Inc.

Gilead vs. BioMarin: A Decade of Profit Comparison

__timestampBioMarin Pharmaceutical Inc.Gilead Sciences, Inc.
Wednesday, January 1, 201462127600021102000000
Thursday, January 1, 201573788700028633000000
Friday, January 1, 201690723400026129000000
Sunday, January 1, 2017107186000021736000000
Monday, January 1, 2018117594800017274000000
Tuesday, January 1, 2019134458200017774000000
Wednesday, January 1, 2020133618300020117000000
Friday, January 1, 2021137576000020704000000
Saturday, January 1, 2022161237000021624000000
Sunday, January 1, 2023184216100020618000000
Monday, January 1, 2024227368000078200000
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Gilead Sciences vs. BioMarin Pharmaceutical: A Decade of Gross Profit Analysis

In the competitive landscape of the pharmaceutical industry, Gilead Sciences, Inc. and BioMarin Pharmaceutical Inc. have been key players. Over the past decade, from 2014 to 2023, Gilead Sciences consistently outperformed BioMarin in terms of gross profit. Gilead's gross profit peaked in 2015 at approximately $28.6 billion, showcasing its dominance with nearly 10 times the profit of BioMarin in the same year. Despite fluctuations, Gilead maintained a robust average gross profit of around $21.6 billion annually.

BioMarin, on the other hand, demonstrated steady growth, with its gross profit increasing by nearly 200% from 2014 to 2023. By 2023, BioMarin's gross profit reached approximately $1.8 billion, reflecting its strategic advancements in niche markets. This analysis highlights the contrasting strategies and market positions of these two pharmaceutical giants, offering insights into their financial trajectories over the years.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025