Who Generates Higher Gross Profit? Incyte Corporation or BioCryst Pharmaceuticals, Inc.

Incyte vs. BioCryst: A Decade of Gross Profit Growth

__timestampBioCryst Pharmaceuticals, Inc.Incyte Corporation
Wednesday, January 1, 201413486000508491000
Thursday, January 1, 201546361000726779000
Friday, January 1, 2016236540001047532000
Sunday, January 1, 2017234840001456737000
Monday, January 1, 2018201820001787760000
Tuesday, January 1, 2019447340002044510000
Wednesday, January 1, 2020161360002535374000
Friday, January 1, 20211499060002835276000
Saturday, January 1, 20222642330003187638000
Sunday, January 1, 20233267510003440649000
Monday, January 1, 20243929149000
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In pursuit of knowledge

A Tale of Two Biotechs: Gross Profit Showdown

In the competitive world of biotechnology, financial performance is a key indicator of a company's success. Over the past decade, Incyte Corporation has consistently outperformed BioCryst Pharmaceuticals, Inc. in terms of gross profit. From 2014 to 2023, Incyte's gross profit surged by an impressive 577%, reaching a peak of approximately $3.44 billion in 2023. In contrast, BioCryst's growth, while notable, was more modest, with a 2,322% increase, culminating in a gross profit of around $327 million in the same year.

This stark difference highlights Incyte's robust market strategy and product pipeline, which have propelled its financial success. Meanwhile, BioCryst's steady growth reflects its ongoing efforts to carve out a niche in the biotech sector. As these companies continue to innovate, investors and industry watchers will be keenly observing their financial trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025