Who Generates More Revenue? Incyte Corporation or Taro Pharmaceutical Industries Ltd.

Incyte's Revenue Soars Past Taro's in a Decade

__timestampIncyte CorporationTaro Pharmaceutical Industries Ltd.
Wednesday, January 1, 2014511495000759285000
Thursday, January 1, 2015753751000862944000
Friday, January 1, 20161105719000950751000
Sunday, January 1, 20171536216000879387000
Monday, January 1, 20181881883000661913000
Tuesday, January 1, 20192158759000669893000
Wednesday, January 1, 20202666702000644769000
Friday, January 1, 20212986267000548970000
Saturday, January 1, 20223394635000561347000
Sunday, January 1, 20233695649000572952000
Monday, January 1, 20244241217000629182000
Loading chart...

Infusing magic into the data realm

Revenue Race: Incyte vs. Taro

In the competitive landscape of the pharmaceutical industry, revenue generation is a key indicator of success. Over the past decade, Incyte Corporation has consistently outperformed Taro Pharmaceutical Industries Ltd. in terms of revenue. Starting in 2014, Incyte's revenue was approximately 33% lower than Taro's. However, by 2016, Incyte had surpassed Taro, marking a pivotal shift. By 2023, Incyte's revenue had grown to nearly 3.7 billion, more than six times Taro's 573 million. This remarkable growth trajectory highlights Incyte's strategic advancements and market positioning. Despite Taro's steady performance, Incyte's aggressive expansion and innovation have clearly paid off. The data for 2024 is incomplete, but the trend suggests Incyte's dominance is likely to continue. This analysis underscores the dynamic nature of the pharmaceutical sector and the importance of strategic growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025