Incyte Corporation

Incyte Corporation

INCY
Incyte CorporationUS flagNASDAQ Global Select
92.24
USD
-3.35
- -
18.43BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.39
3.05
4.2
5.89
7.51
8.86
10.04
12.23
13.55
15.29
16.53
20.48
26.34
27.27
Basic EPS, GAAP
-0.56
-0.29
0.04
0.55
-1.53
0.52
2.08
-1.36
4.3
1.53
2.67
0.16
6.59
7.28
Free Cash Flow per Basic Share
0.06
0.16
0.5
1.62
-0.45
1.58
3.31
-0.57
3.4
4.37
2.15
1.55
7.11
7.56
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-11.7
-10.63
-9.9
-8.91
-9.73
-8.84
-6.66
-7.92
-3.53
-1.97
0.72
-5.18
1.1
2.63
Tangible Book Value per Share
-1.3
-0.49
0.95
-0.03
6.05
7.32
10.46
10.47
15.71
18.4
21.96
15.35
25.19
27.36
Basic Weighted Avg Shares
148
168
180
188
205
212
215
218
220
222
224
207
195
197
Sales/Revenue/Turnover
355
511
754
1,106
1,536
1,882
2,159
2,667
2,986
3,395
3,696
4,241
5,141
5,361
Operating Margin (%)
-4.54
-0.94
6.72
14.69
-15.34
8.26
19.53
-9.01
20.11
17.43
17.73
2.39
26.12
27.05
Depreciation Expense
29
41
45
58
52
55
55
52
58
68
83
89
93
95
Net Income, GAAP
-83
-48
7
104
-313
109
447
-296
949
341
598
33
1,287
1,432
Effective Tax Rate (%)
- -
- -
13.57
2.96
- -
5.08
8.19
- -
- -
35.62
28.36
89.7
22.7
19.28
Profit Margin (%)
-23.43
-9.48
0.87
9.43
-20.38
5.82
20.7
-11.09
31.76
10.04
16.17
0.77
25.03
26.71
Working Capital
448
459
674
721
1,129
1,407
1,968
1,729
2,264
2,936
3,405
1,597
3,509
3,995
LT Debt
662
590
620
651
17
17
32
33
32
30
29
34
30
29
Total Equity
-193
-82
171
419
1,631
1,926
2,598
2,611
3,770
4,370
5,190
3,448
5,167
5,623
Return on Invested Capital (%)
- -
- -
6.32
16.93
- -
8.16
16.76
- -
- -
9.25
9.69
0.24
23.79
24.72
Return on Capital (%)
- -
- -
-4.05
-13
- -
-5.83
-27.94
- -
- -
-60.69
-609.68
-7.91
-332.62
-911.31
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
10
10
10
LT Borrowings
- -
- -
- -
LT Finance Leases
31
30
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
196
198
200
Market Capitalization
16,464
19,280
18,505

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
4,278
5,024
5,484
Cash, Cash Equivalents & STI
2,930
3,581
4,016
Accounts Receivable, Net
896
1,024
1,051
Inventories
83
101
116
Total Current Liabilities
1,339
1,515
1,490
Payables & Accruals
421
503
514
ST Debt
10
10
10
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
58.27%
19.07%
49.89%
Free Cash Flow
-78.11%
-84.75%
331.97%
Net Income, GAAP
444.33%
668.19%
3,844.96%
Sales/Revenue/Turnover
21.69%
14.1%
21.22%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
881
1,044
1,138
1,179
4,241
2025
1,053
1,216
1,366
1,507
5,141
2026
1,273
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.76
-2.04
0.55
1.04
0.16
2025
0.82
2.09
2.17
1.52
6.59
2026
1.52
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
William J. Meury
Full Time Employees
2,617
Sector
Healthcare
Industry
Biotechnology
Address
1801 Augustine Cut-Off Wilmington DE United States of America 19803
IPO Date
Nov 4, 1993
Website
incyte.com
Business
Incyte Corporation (INCY) is a Wilmington, Delaware-based biopharmaceutical company founded in 2002 that discovers, develops, and commercializes proprietary medicines for oncology, inflammation, autoimmunity, and dermatology; it operates globally in North America, Europe, and Asia with over 2,500 employees focused on unmet medical needs. The company markets a diversified portfolio of approved products including Jakafi (ruxolitinib) for myelofibrosis, polycythemia vera, and graft-versus-host disease; Opzelura (ruxolitinib) cream for atopic dermatitis and vitiligo; Pemazyre (pemigatinib) for cholangiocarcinoma and myeloid/lymphoid neoplasms; Monjuvi (tafasitamab-cxix) for relapsed or refractory diffuse large B-cell lymphoma; Tabrecta (capmatinib) for non-small cell lung cancer; Iclusig (ponatinib) for leukemia; and Olumiant (baricitinib) for rheumatoid arthritis and alopecia areata; it also advances a robust pipeline of clinical candidates discovered in-house targeting immunology, hematology-oncology, and inflammatory skin conditions. Recent developments include the 2024 acquisition of Escient Pharmaceuticals for $750 million to add first-in-class oral MRGPRX2 antagonists EP262 for hidradenitis suppurativa, prurigo nodularis, and other pruritic skin diseases and EP547 for pruritus in kidney and liver diseases; FDA approval of Niktimvo (axatilimab-csfr) with partner Syndax Pharmaceuticals in August 2024 for chronic graft-versus-host disease; relocation of over 300 Pennsylvania jobs to expanded downtown Wilmington headquarters by 2026 supporting more than 500 positions; and a 2025 roadmap featuring four potential product launches such as ruxolitinib XR and povorcitinib expansions, four pivotal trial readouts, seven proof-of-concept disclosures, and at least three Phase 3 initiations toward over 10 high-impact launches by 2030.

Company News

APIChat
  • Incyte's Pivotal frontMIND Trial Showed Tafasitamab (Monjuvi®/Minjuvi®) Combination Significantly Prolonged Progression-free Survival, Reducing the Risk of Disease Progression or Death by 25% in Patie

  • Incyte blood cancer drug combo reduces disease-progression risk but with high side-effect rate

  • Incyte's Pivotal frontMIND Trial Showed Tafasitamab (Monjuvi®/Minjuvi®) Combination Significantly Prolonged Progression-free Survival, Reducing the Risk of Disease Progression or Death by 25% in Patients with Previously Untreated, High-risk DLBCL

  • Why Is Incyte (INCY) Down 1.8% Since Last Earnings Report?

  • Here's Why Incyte (INCY) is a Strong Momentum Stock

  • Incyte to Present at the Goldman Sachs 47th Annual Global Healthcare Conference

  • Incyte Sets Mid-Year Phase 3 Trial for CALR Antibody 989 as Pipeline Updates Roll Out

  • Here's Why Incyte (INCY) is a Strong Value Stock

  • Why Incyte (INCY) is a Top Growth Stock for the Long-Term

  • Inside Incyte's $120 Million AI For Drug Development Deal

  • Incyte and Genesis Expand Molecular AI Collaboration to Accelerate Drug Discovery

  • Incyte and Genesis Expand Molecular AI Collaboration to Accelerate Drug Discovery

  • Incyte Corporation (INCY) Presents at RBC Capital Markets Global Healthcare Conference 2026 Transcript

  • Incyte and Edison Scientific Announce Strategic Collaboration to Employ the Kosmos AI Platform for Research and Development

  • Incyte CEO Says Post-Jakafi Growth Path Is Clearer as Pipeline Catalysts Build

  • Incyte Corporation (INCY) Presents at Bank of America Global Healthcare Conference 2026 Prepared Remarks Transcript

  • Incyte Announces More Than 20 Abstracts Accepted for Presentation at the European Hematology Association (EHA) 2026 Congress

  • Incyte Announces 24-Week Long-Term Data from Phase 3 TRuE-AD4 Trial of Opzelura® (ruxolitinib) Cream in Adults with Moderate Atopic Dermatitis

  • Incyte Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

  • Why Incyte (INCY) is a Top Value Stock for the Long-Term