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INCYTE CORP

INCY

Companies in Services-Commercial Physical & Biological Research

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Financial Statements

Values in Millions ($)
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
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Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
3,4613,0982,4551,9551,9421,6881,3049873,3463,2133,2273,131
Available For Sale Securities Debt Securities Curr…
------467462504443289292
Equity Securities Fv Ni
------370----
Debt Securities Available For Sale Excluding Accru…
555483475467467470---443--
Accounts Receivable Net
1,0511,024896843823853758739746744657638
Inventory Net
116101838364597010164635736
Prepaid Expense And Other Assets Current
301318369296212169205208189183172167
Assets Current
5,4845,0244,2783,6443,5073,2392,8092,5674,8494,6454,4034,264
Restricted Cash Noncurrent
222222222222
Long Term Investments
--------288188154170
Equity Securities F V N I Noncurrent
5548221317192830-188--
Inventory Noncurrent
331342367368365348298255264207142142
Property Plant And Equipment Net
720731799799765763773762720752733749
Finance Lease Right Of Use Asset
272828293031252626262526
Other Intangible Assets Net
110117119126108114120114118124129135
Goodwill
133133156156156156156156156156156156
Deferred Income Tax Assets Net
453515528652769762762730667632564533
Other Assets Noncurrent
241832333011402247528132
Assets
7,3396,9586,3305,8215,7495,4445,0124,6627,1366,7826,3886,208
Liabilities And Stockhold…
Liabilities Current
Accounts Payable Current
229210172241196197179148164110139156
Employee Related Liabilities Current
12522816812910318915111489153125112
Accrued Liabilities Current
1,0921,0329488571,3761,2121,1281,0341,102936821811
Finance Lease Liability Current
454444444333
Business Combination Contingent Consideration Liab…
394146474239403737383738
Liabilities Current
1,4901,5151,3391,2791,7201,6421,5021,3371,3961,2401,1251,119
Business Combination Contingent Consideration Liab…
7180138160153154167157165174170179
Finance Lease Liability Noncurrent
293031323334282929292929
Other Liabilities Noncurrent
127165171180176168145142151149133140
Liabilities
1,7161,7901,6791,6502,0821,9971,8411,6651,7411,5921,4571,468
Stockholders Equity
Preferred Stock Value
000000000000
Common Stock Value
000000000000
Additional Paid In Capital Common Stock
5,0834,9284,7224,6674,5884,5334,4294,3835,0705,0164,9494,926
Accumulated Other Comprehensive Income Loss Net Of…
22251513-6-1316-5-6132327
Retained Earnings Accumulated Deficit
517214-86-510-915-1,073-1,274-1,380330160-41-212
Stockholders Equity
5,6235,1674,6514,1713,6683,4483,1712,9975,3945,1904,9314,741
Liabilities And Stockholders Equity
7,3396,9586,3305,8215,7495,4445,0124,6627,1366,7826,3886,208
Debt Securities Available For Sale Amortized Cost …
------464464506443291294
Debt Securities Available For Sale Amortized Cost …
555481473465466470---443--
Debt Securities Available For Sale Allowance For C…
000000000000
Preferred Stock Par Or Stated Value Per Share
0.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.001
Preferred Stock Shares Authorized
555555555555
Preferred Stock Shares Issued
000000000000
Preferred Stock Shares Outstanding
000000000000
Common Stock Par Or Stated Value Per Share
0.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.001
Common Stock Shares Authorized
400400400400400400400400400400400400
Common Stock Shares Issued
200198196194194193193192225224224223
Shares Outstanding
200198196194194193193192225224224223

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
2026-0.59%0.49%19.96%---------
20256.32%13.29%12.30%9.90%11.82%13.17%11.36%12.05%15.89%-4.11%-4.12%-3.14%
202410.11%21.46%26.55%-5.38%-3.02%-2.07%-2.55%-6.47%-2.27%3.65%-11.30%-8.45%
2023-10.55%-10.73%-8.30%0.27%-8.78%-13.44%-0.35%16.54%14.02%1.15%-6.91%-9.40%

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Performance and Valuation Metrics

Metrics
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
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Liquidity Ratios
Current Ratio
3.68
3.32
3.20
2.85
2.04
1.97
1.87
1.92
3.47
3.75
3.91
3.81
Quick Ratio
3.40
3.04
2.86
2.55
1.88
1.83
1.69
1.69
3.29
3.55
3.71
3.63
Working Capital
3.99B
3.51B
2.94B
2.37B
1.79B
1.60B
1.31B
1.23B
3.45B
3.41B
3.28B
3.15B
Leverage & Debt
Debt to Equity
0.31
0.35
0.36
0.40
0.57
0.58
0.58
0.56
0.32
0.31
0.30
0.31
Interest Coverage TTM
689.26
623.91
653.65
483.48
69.58
26.91
-19.84
6.26
273.75
243.25
208.51
175.58
Debt Ratio
0.23
0.26
0.27
0.28
0.36
0.37
0.37
0.36
0.24
0.23
0.23
0.24
Efficiency & Turnover
Asset Turnover TTM
0.82
0.83
0.85
0.87
0.69
0.69
0.62
0.61
0.50
0.50
0.61
0.61
Per Share Metrics
Diluted EPS TTM
6.92
6.41
5.90
4.38
0.11
0.15
0.17
0.45
3.28
2.65
1.88
1.62
Free Cash Flow Per Share TTM
7.46
7.11
6.27
5.11
1.90
1.55
0.46
-0.29
3.66
2.15
2.66
3.21
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Margin Metrics
Gross Profit Margin TTM
92.47%
92.76%
92.95%
92.88%
92.65%
92.64%
91.73%
91.96%
92.00%
91.94%
93.23%
93.20%
Operating Profit Margin TTM
30.05%
29.46%
30.76%
25.80%
3.96%
1.45%
-1.49%
0.47%
21.24%
19.60%
13.95%
12.15%
Net Profit Margin TTM
26.71%
25.03%
24.69%
18.99%
0.48%
0.77%
0.92%
2.92%
23.03%
18.88%
11.78%
10.43%
Growth Metrics
Net Revenue Growth (1Y)
21.48%
21.22%
35.76%
37.83%
36.32%
34.00%
-1.76%
-5.32%
-6.71%
-6.76%
8.35%
5.81%
Net Income Growth (1Y)
6,631.44%
3,844.96%
3,559.21%
795.08%
-97.15%
-94.54%
-92.36%
-73.45%
129.81%
75.42%
-51.49%
-61.22%
EPS Growth (1Y)
6,441.29%
4,085.58%
3,502.34%
906.65%
-96.69%
-94.11%
-91.11%
-72.83%
128.25%
74.15%
-51.85%
-61.49%
Valuation Metrics
P/E TTM
13.10
14.98
13.96
15.17
551.45
438.60
391.99
135.93
17.16
23.50
30.46
37.92
P/B TTM
3.34
3.73
3.57
3.17
3.20
4.15
4.02
4.41
2.37
2.71
2.62
2.93
P/S TTM
3.50
3.75
3.45
2.88
2.66
3.37
3.59
3.98
3.95
4.44
3.59
3.96
Market Cap
18.76B
19.28B
16.59B
13.21B
11.73B
14.31B
12.73B
13.23B
12.79B
14.04B
12.94B
13.90B
Enterprise Value
15.33B
16.22B
14.17B
11.29B
9.82B
12.65B
11.46B
12.27B
9.47B
10.86B
9.75B
10.80B
Calculated Values
Free Cash Flow TTM
1.49B
1.39B
1.23B
990.40M
368.69M
321.44M
87.95M
-62.59M
820.90M
481.49M
596.15M
716.88M
Net Debt
-3.43B
-3.06B
-2.42B
-1.92B
-1.91B
-1.65B
-1.27B
-956.31M
-3.32B
-3.18B
-3.20B
-3.10B
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-06-04Sale
Owner: Tray, Thomas
Title: Principal Accounting Officer
Shares: 2,639
Price/Share: $100.00
Value: $263,900.00
Shares Owned: 21,132
Relationship: Officer
Ownership: Direct
2026-05-26Sale
Owner: Tray, Thomas
Title: Principal Accounting Officer
Shares: 2,051
Price/Share: $97.35
Value: $199,664.85
Shares Owned: 21,132
Relationship: Officer
Ownership: Direct
2026-05-19Sale
Owner: Clancy, Paul J
Title: -
Shares: 15,000
Price/Share: $94.93
Value: $1,423,950.00
Shares Owned: 23,741
Relationship: Director
Ownership: Direct
2026-04-17Sale
Owner: Cagnoni, Pablo J
Title: President, Global Head of R&D
Shares: 18,667
Price/Share: $96.50
Value: $1,801,365.50
Shares Owned: 262,692
Relationship: Officer
Ownership: Direct
2026-03-17Sale
Owner: Cagnoni, Pablo J
Title: President, R&D
Shares: 18,667
Price/Share: $94.24
Value: $1,759,178.08
Shares Owned: 234,800
Relationship: Officer
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
96.72%
Inst. Shares: 192,808,107
Shares Outstanding: 199,343,000
2025-12-31
97.00%
Inst. Shares: 189,346,853
Shares Outstanding: 195,204,000
2025-09-30
95.92%
Inst. Shares: 187,692,429
Shares Outstanding: 195,670,000
2025-06-30
95.28%
Inst. Shares: 184,836,490
Shares Outstanding: 193,995,000
2025-03-31
90.82%
Inst. Shares: 175,931,718
Shares Outstanding: 193,712,000

INCYTE CORP (INCY) — SEC Financial Statements & Analysis

INCYTE CORP (INCY) is a services-commercial physical & biological research company, incorporated in DE. INCYTE CORP trades on INCY: Nasdaq as: INCY. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), INCYTE CORP reported a 21.48% year-over-year revenue growth, a Gross Profit Margin of 92.47% (TTM), a Debt-to-Equity ratio of 0.31x, a Price-to-Sales (P/S) ratio of 3.50x (TTM), a Price-to-Book (P/B) ratio of 3.34 (TTM), at a market cap of $18.76B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
21.48%
Gross Profit Margin TTM
92.47%
Debt To Equity
0.31x
P/S TTM
3.50x
P/B TTM
3.34
Market Cap
$18.76B

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is INCYTE CORP in?

INCYTE CORP (INCY) operates in the Services-Commercial Physical & Biological Research industry.

What is INCY's market cap?

INCYTE CORP (INCY) has a market capitalization of $18.76B as of 2026-03-31.

What is INCY's P/E ratio?

INCYTE CORP (INCY)'s trailing twelve month P/E ratio is 13.10x as of 2026-03-31.

What exchange does INCY trade on?

INCYTE CORP (INCY) trades on the INCY: Nasdaq.

Where is INCYTE CORP incorporated?

INCYTE CORP is incorporated in DE.

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INCYTE CORP (INCY) financial data sourced directly from SEC EDGAR filings — including the latest 10-K annual report, 10-Q quarterly filings, insider transactions (SEC Form 4), institutional ownership (SEC Form 13F), Earning Marker Reaction Heat Map and 50+ calculated financial metrics like Price to Earnings Ratio (P/E), Return on Equity (ROE), Debt to Equity (D/E), Free Cash Flow Per Share (FCF/S), and Return on Invested Capital (ROIC). Unlike platforms that rely on third-party data aggregators, GeminIQ parses raw SEC filings directly — delivering institutional-grade accuracy at a fraction of the cost of Bloomberg Terminal or S&P Capital IQ.