Sorrento Therapeutics Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Sorrento Therapeutics Inc (SRNEQ) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Sorrento Therapeutics Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 64M vs 99,165M combined for its competitors (0.1% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-6.5% annualized vs trailing 12 months), vs decelerating (-24.7%) for its tracked peer group.
- Growth: Sorrento Therapeutics Inc generated 31.1% revenue growth year over year in Q2 2023, vs -14.0% for its competitors combined.
- Profitability: Its -722.4% net margin compares with 5.4% for the peer group.
- Peer revenue share: Sorrento Therapeutics Inc accounted for 0.1% of combined revenue among its tracked peer group, up from 0.1% a year earlier.
- Peer differentiation: Revenue per employee of $2.14M compares with $1.50M for the peer group (1.4x).
- Structure: Sorrento Therapeutics Inc operates in the following segments: Scilex, Sorrento Therapeutics; and reports the following subsidiaries: Scilex Holding Company (competes with Mylan N v , Sanofi, Teva Pharmaceutical Industries Limited).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
SRNEQ Sales vs. its Competitors, Q2 2023
Sorrento Therapeutics Inc reported revenue growth of 31.10 % year on year in Q2 2023, above its competitors' combined revenue change of -14.00 %.
With a net margin of -722.37 %, Sorrento Therapeutics Inc reported lower profitability than its competitors (5.40 %).
Sorrento Therapeutics Inc generated 0.08 % of the combined sales of its peer group, up from 0.05 % a year earlier.
API endpoints for this dataset
Sorrento Therapeutics Inc vs. its Competitors, Q2 2023
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Sorrento Therapeutics Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Sorrento Therapeutics Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Sorrento Therapeutics Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (1) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Sorrento Therapeutics Inc's competitor groups requires a Commercial License.
For context: the Biotechnology & Pharmaceuticals industry grew revenue 22.1% year over year, combined, vs 31.1% for Sorrento Therapeutics Inc. Sorrento Therapeutics Inc's share of combined industry revenue moved from 0.03% to 0.03%, a gain of 0.00 percentage points.
Sorrento Therapeutics Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Sorrento Therapeutics Inc | - | Yes | Yes | Yes |
| Competitors combined (39) | ||||
| High-Confidence Competitors (1) | - | - | - |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
SRNEQ Stock Performance relative to its Competitors
SRNEQ Stock Performance relative to High-Confidence Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Pharmacyte Biotech Inc | 282.9% | Outperformed |
| 2 | Moderna Inc | 282.9% | Outperformed |
| 3 | Iovance Biotherapeutics inc | 282.9% | Outperformed |
| 4 | Immunitybio inc | 282.9% | Outperformed |
| 5 | Revolution Medicines Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Sorrento Therapeutics Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Sorrento Therapeutics Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Sorrento Therapeutics Inc |
18.19 | 64.27 |
 Amgen Inc |
254,255.82 | 38,903.00 |
 Gilead Sciences Inc |
210,268.08 | 30,988.00 |
 Regeneron Pharmaceuticals Inc |
100,897.63 | 16,896.20 |
 Moderna Inc |
88,901.26 | 2,228.00 |
 Seagen Inc |
43,034.00 | 2,300.35 |
| SUBTOTAL | 807,328.62 | 99,229.41 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Sorrento Therapeutics Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Sorrento Therapeutics Inc's Competitors Named by the Company
Competitive relationships identified from Sorrento Therapeutics Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Immunome Inc | Company report | 85% |
| Vir Biotechnology Inc | Company report | 85% |
| Gilead Sciences Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Sorrento Therapeutics Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Sorrento Therapeutics Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Sorrento Therapeutics Inc | Scilex 83.74 % |
| Amgen Inc | Reportable 100.00 % |
| Exelixis Inc | Reportable 100.00 % |
| Immunitybio inc | Reportable 100.00 % |
| Iovance Biotherapeutics inc | Single reportable segment 100.00 % |
| Vir Biotechnology Inc | Reportable -100.00 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Sorrento Therapeutics Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Sorrento Therapeutics Inc | 18 | 2,142,333 | -10,817,267 |
| Amgen Inc | 254,256 | 2,992,538 | 722,385 |
| Gilead Sciences Inc | 210,268 | 1,822,824 | -227,235 |
| Regeneron Pharmaceuticals Inc | 100,898 | 1,096,444 | 312,615 |
| Moderna Inc | 88,901 | 474,043 | -670,426 |
| Seagen Inc | 43,034 | 1,916,959 | -625,187 |
| PEERS TOTAL | 807,310 | 1,495,974 | 22,815 |
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Sorrento Therapeutics Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Gilead Sciences Inc | United States 76.66 % |
| Exelixis Inc | United States 92.47 % |
| Immunitybio inc | United States 99.79 % |
| Iovance Biotherapeutics inc | US 98.66 % |
| Novavax inc | United States 68.88 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Sorrento Therapeutics Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Biotechnology & Pharmaceuticals industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (159 companies). See the full Biotechnology & Pharmaceuticals industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 48.15 % | 35.28 % (avg) | +12.9 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | - | -1.12 % (avg) | - |
| Capital Intensity (Capex / Revenue) | 7.89 % | 8.48 % (avg) | -0.6 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Sorrento Therapeutics Inc's Valuation vs Competitive Position
Valuation multiples vs the Biotechnology & Pharmaceuticals industry average (159 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Biotechnology & Pharmaceuticals industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 25.7x | - |
| EV / EBITDA | - | 16.7x | - |
| P/B | -3.2x | 5.1x | -8.3x |
| Return on Equity | - | industry aggregate | - |
| Return on Invested Capital | - | -11.28 % (avg) | - |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Sorrento Therapeutics Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 20.00 % | 77.60 % | 500.00 % | -86.21 % | 48.31 % | 27.21 % | 32.31 % | 18.78 % |
| Operating Margin | -1,612.31 % | -1,187.16 % | 17.70 % | -709.79 % | -825.25 % | - | - | - |
| Return on Invested Capital | -22.23 % | -26.26 % | 6.41 % | -20.57 % | -48.22 % | -38.26 % | -44.50 % | - |
| P/E | - | - | - | - | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Sorrento Therapeutics Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Moderate, in line with the industry | Capital intensity (capex / revenue) of 7.89 % vs industry average 8.48 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Sorrento Therapeutics Inc's dedicated Suppliers and Customers pages, not here.
Sorrento Therapeutics Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Latest-quarter revenue run-rate is decelerating (-6.5% annualized vs trailing 12 months).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
- A meaningful share of competitors (59.00 %) show financial-distress signals, a possible opening to gain share.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-24.7% annualized).
Methodology: see Methodology: SWOT Analysis.
Sorrento Therapeutics Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Sorrento Therapeutics Inc | 0.21 | 0.53 | - |
| Amgen Inc | 0.49 | 1.31 | 5.27 |
| Gilead Sciences Inc | - | 1.52 | 1.47 |
| Regeneron Pharmaceuticals Inc | 0.58 | 3.56 | 0.06 |
| Moderna Inc | 0.86 | 2.88 | 0.07 |
| Seagen Inc | 0.43 | 3.22 | - |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Sorrento Therapeutics Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Sorrento Therapeutics Inc | Q2 2023 | +31.1 % | - |
| Amgen Inc | Q3 2026 | +8.5 % | +20.1 % |
| Gilead Sciences Inc | Q3 2026 | +6.8 % | -20.4 % |
| Regeneron Pharmaceuticals Inc | Q3 2026 | +36.3 % | +33.5 % |
| Moderna Inc | Q2 2026 | +2.1 % | - |
| Seagen Inc | Q3 2023 | +27.1 % | - |
| PEERS TOTAL | +14.1 % | -5.0 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Sorrento Therapeutics Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Sorrento Therapeutics Inc | Q2 2023 | +93.5 % | -94.8 % |
| Amgen Inc | Q3 2026 | -9.5 % | +34.6 % |
| Gilead Sciences Inc | Q3 2026 | +0.1 % | +61.2 % |
| Regeneron Pharmaceuticals Inc | Q3 2026 | +104.1 % | +49.1 % |
| Moderna Inc | Q2 2026 | -21.8 % | +1,133.3 % |
| Seagen Inc | Q3 2023 | +52.8 % | +175.7 % |
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Sorrento Therapeutics Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Sorrento Therapeutics Inc | - | - | - |
| Amgen Inc | 10.02% | 13.64% | 85.59% |
| Gilead Sciences Inc | - | - | - |
| Regeneron Pharmaceuticals Inc | 11.50% | 13.00% | 15.07% |
| Moderna Inc | - | - | - |
| Seagen Inc | - | - | - |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Sorrento Therapeutics Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Sorrento Therapeutics Inc | - | 0.28 |
| Amgen Inc | 27.00 | 6.54 |
| Gilead Sciences Inc | - | 6.79 |
| Regeneron Pharmaceuticals Inc | 21.13 | 5.97 |
| Moderna Inc | - | 39.90 |
| Seagen Inc | - | 18.71 |
| PEERS AVERAGE | 679.64 | 8.14 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.