Seagen Income Statement 2022-2008 | SGEN

Brief overview of revenue and earnings at Seagen

The comparison covers a five-year financial horizon. According to figures from Seagen, revenue changed from $130 million to $2 billion over five years. Across the full period, sales moved by +1414.1%; the average annual rate was 72.2%. This pace points to rapid expansion of the business.

Gross profit was $428 million at the start and $1.6 billion at the end of the period (+262.6%). Gross profit as a share of revenue changed from 330.3% to 79.1%. The contraction points to pressure from direct costs or weaker pricing power.

EBITDA was −172 million dollars at the beginning and −566 million dollars at the end of the period (−230.1%). EBITDA lagged revenue, showing weaker operating momentum. At the operating-margin level, the figure shifted from −132.3% to −28.9%. The company improved its ability to convert sales into EBITDA.

The net financial result changed from −126 million dollars to −610 million dollars. Profitability deteriorated further over the five years.

The market value of the business moved from $7.7 billion to $26.3 billion, or +240.2%. Market value lagged the financial performance.

Summary assessment

The current trajectory does not yet confirm a sustainable recovery. The positive side is supported by higher operating efficiency and sales growth. The most visible risks are lower net income, limited operating profitability and weaker gross profitability. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.