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
  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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue1,6741,2731,5071,3661,2161,0531,1791,1381,0448811,013919
Cost of revenue6226207336065745105666591,204489517437
Gross profit1,052652774760642542613479-160392496482
Selling, general and administrative351327389328330325346308285300293267
Research and development517516611507495———————
Operating income701325385432312217267170-44592.2203215
EBIT701325385432312217267170-44592.2203215
EBITDA728349409456335240290193-423114228236
Interest expense0.60.60.60.60.60.70.40.80.70.40.80.6
Pre-tax income752344390482558234314157-390236271234
Income tax16640.390.758.115376.011350.154.866.669.962.5
Net income586303299424405158201106-445170201171
Net income to common shareholders586303299424405158201106-445170201171
Basic EPS2.921.521.522.172.090.821.040.55-2.040.760.900.76
Diluted EPS2.811.471.462.112.040.801.020.54-2.040.750.890.76
Average shares (basic)200199197196194194193193218224224224
Average shares (diluted)208207205201199198197196218227226226