Who Optimizes SG&A Costs Better? Pfizer Inc. or Ionis Pharmaceuticals, Inc.

Pfizer vs. Ionis: A Decade of SG&A Cost Strategies

__timestampIonis Pharmaceuticals, Inc.Pfizer Inc.
Wednesday, January 1, 20142014000014097000000
Thursday, January 1, 20153717300014809000000
Friday, January 1, 20164861600014837000000
Sunday, January 1, 201710848800014784000000
Monday, January 1, 201824462200014455000000
Tuesday, January 1, 201928700000014350000000
Wednesday, January 1, 202035400000011615000000
Friday, January 1, 202118600000012703000000
Saturday, January 1, 202215100000013677000000
Sunday, January 1, 202323260000014771000000
Monday, January 1, 202426747400014730000000
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Unleashing insights

Optimizing SG&A Costs: A Tale of Two Pharmaceutical Giants

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, Pfizer Inc. and Ionis Pharmaceuticals, Inc. have taken distinct paths in optimizing these costs. Pfizer, a global leader, consistently reported SG&A expenses around $14 billion annually, reflecting its expansive operations. In contrast, Ionis Pharmaceuticals, a smaller entity, showed a more dynamic trend, with expenses peaking at $354 million in 2020, a 17-fold increase from 2014. This disparity highlights the scale and strategic differences between the two companies. While Pfizer's expenses remained stable, Ionis's fluctuated, indicating potential strategic shifts or investments. Understanding these trends offers insights into how each company navigates financial management in a rapidly evolving industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025