Incyte revenue and financials

INCY · NASDAQ · USD

$114.43Change from previous close: −0.75%Absolute change: −$0.87

Close · October 5, 2026

In the fiscal year ended December 2025, Incyte reported revenue of $5.14B (+21.22% year over year). Net income was $1.29B, a net margin of 25.0%.

Annual revenue · 2025: $5.14B
  1. $1.11B2016
  2. $1.54B2017
  3. $1.88B2018
  4. $2.16B2019
  5. $2.67B2020
  6. $2.99B2021
  7. $3.39B2022
  8. $3.7B2023
  9. $4.24B2024
  10. $5.14B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+21.22%
2025 vs 2024
Net income growth
+3,844.96%
2025 vs 2024
Net margin
25.0%
2024: 0.8%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Annual
Item2025202420232022202120202019201820172016
Total revenue5,1414,2413,6963,3952,9862,6672,1591,8821,5361,106
Cost of revenue37231225520715113111494.179.558.2
Gross profit2,7191,3231,8111,5941,340—————
Selling, general and administrative1,3721,2391,153999741—————
Research and development2,0502,6071,6281,5861,4582,2161,1541,1981,326582
Operating income1,51561.4621579586-264402129-243145
EBIT1,34684.4658594599—————
EBITDA1,440174741665660—————
Interest expense2.42.32.62.71.92.21.91.56.938.7
Pre-tax income1,664317834529570—————
Income tax378284237188-37863.539.95.90.93.2
Net income1,28732.6598341949-296447109-313104
Net income to common shareholders1,28732.6598341949—————
Basic EPS6.590.162.671.534.30-1.362.080.52-1.530.55
Diluted EPS6.410.152.651.524.27-1.362.050.51-1.530.54
Average shares (basic)195207224222220—————
Average shares (diluted)201211226224222218218216205194