Who Optimizes SG&A Costs Better? Incyte Corporation or Travere Therapeutics, Inc.

Incyte vs. Travere: SG&A Cost Management Showdown

__timestampIncyte CorporationTravere Therapeutics, Inc.
Wednesday, January 1, 201416577200059644696
Thursday, January 1, 201519661400079541000
Friday, January 1, 201630325100098015000
Sunday, January 1, 2017366406000103958000
Monday, January 1, 2018434407000103654000
Tuesday, January 1, 2019468711000128951000
Wednesday, January 1, 2020516922000135799000
Friday, January 1, 2021739560000149883000
Saturday, January 1, 20221002140000220206000
Sunday, January 1, 20231161300000265542000
Monday, January 1, 20241242157000
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Data in motion

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Incyte Corporation and Travere Therapeutics, Inc. have taken different paths in this regard over the past decade. From 2014 to 2023, Incyte's SG&A expenses surged by approximately 600%, reflecting its aggressive expansion strategy. In contrast, Travere's expenses grew by around 345%, indicating a more conservative approach.

Incyte's expenses peaked in 2023, reaching nearly 1.16 billion, while Travere's were significantly lower at 266 million. This disparity highlights Incyte's larger scale and broader market reach. However, Travere's steadier growth suggests a focus on sustainable operations. As investors and analysts evaluate these companies, understanding their SG&A strategies provides valuable insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025