Incyte revenue and financials

INCY · NASDAQ · USD

$112.73−1.23%−$1.40

Close · October 6, 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

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

At a glance

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

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	7,873	7,339	6,958	6,330	5,821	5,749	5,444	5,012	4,662	7,136	6,782	6,388
Current assets	6,027	5,484	5,024	4,278	3,644	3,507	3,239	2,809	2,567	4,849	4,645	4,403
Cash and equivalents	3,982	3,461	3,098	2,455	1,955	1,942	1,688	1,304	987	3,346	3,213	3,227
Short-term investments	553	555	483	475	467	467	470	471	532	504	443	289
Receivables	1,125	1,051	1,024	896	843	823	853	758	739	746	744	657
Inventory	113	116	101	83.4	83.4	64.0	58.9	70.4	101	63.6	63.0	57.2
Net property, plant and equipment	735	747	758	827	828	795	794	798	788	746	777	758
Goodwill	133	133	133	156	156	156	156	156	156	156	156	156
Other intangible assets	103	110	117	119	126	108	114	120	114	118	124	129
Long-term investments	104	54.6	48.0	21.9	13.3	17.5	18.8	27.6	29.7	288	188	154
Current liabilities	1,312	1,490	1,515	1,339	1,279	1,720	1,642	1,502	1,337	1,396	1,240	1,125
Accounts payable	250	229	210	172	241	196	197	179	148	164	110	139
Total debt	38.3	39.4	40.4	41.3	42.4	—	—	—	—	—	—	—
Total liabilities	1,528	1,716	1,790	1,679	1,650	2,082	1,997	1,841	1,665	1,741	1,592	1,457
Total equity (incl. minority)	6,344	5,623	5,167	4,651	4,171	3,668	3,448	3,171	2,997	5,394	5,190	4,931
Retained earnings	1,103	517	214	-85.5	-510	-915	-1,073	-1,274	-1,380	330	160	-40.7