Incyte revenue and financials
$112.73Change from previous close: −1.23%Absolute change: −$1.40
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%.
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 6,958 | 5,444 | 6,782 | 5,841 | 4,933 | 3,561 | 3,427 | 2,646 | 2,303 | 1,639 |
| Current assets | 5,024 | 3,239 | 4,645 | 4,093 | 3,119 | 2,360 | 2,481 | 1,832 | 1,505 | 994 |
| Cash and equivalents | 3,098 | 1,688 | 3,213 | 2,951 | 2,057 | 1,513 | 1,833 | 1,164 | 900 | 652 |
| Short-term investments | 483 | 470 | 443 | 288 | 291 | — | — | — | — | — |
| Receivables | 1,024 | 853 | 744 | 645 | 616 | — | — | — | — | — |
| Inventory | 101 | 58.9 | 63.0 | 42.0 | 27.9 | — | — | — | — | — |
| Net property, plant and equipment | 758 | 794 | 777 | 766 | 751 | — | — | — | — | — |
| Goodwill | 133 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 |
| Other intangible assets | 117 | 114 | 124 | 129 | 151 | — | — | — | — | — |
| Long-term investments | 48.0 | 18.8 | 188 | 134 | 221 | — | — | — | — | — |
| Current liabilities | 1,515 | 1,642 | 1,240 | 1,157 | 854 | 631 | 513 | 425 | 375 | 274 |
| Accounts payable | 210 | 197 | 110 | 278 | 172 | — | — | — | — | — |
| Long-term debt | — | — | — | — | — | — | — | 19,094 | 26.8 | 750 |
| Total debt | 40.4 | 43.5 | 38.3 | 41.5 | — | — | — | — | — | — |
| Total liabilities | 1,790 | 1,997 | 1,592 | 1,471 | 1,163 | 950 | 828 | 720 | 672 | 1,219 |
| Total equity (incl. minority) | 5,167 | 3,448 | 5,190 | 4,370 | 3,770 | — | — | — | — | — |
| Retained earnings | 214 | -1,073 | 160 | -437 | -778 | — | — | — | — | — |