Incyte Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,141	4,241	3,696	3,395	2,986
Revenue Growth (YoY)	21.22%	14.76%	8.87%	13.68%	11.98%
Cost of Revenue	372.13	312.07	254.99	207	150.99
Gross Profit	4,769	3,929	3,441	3,188	2,835
Selling, General & Admin	1,376	1,242	1,156	1,002	739.56
Research & Development	2,050	2,607	1,628	1,586	1,458
Other Operating Expenses	-172.11	18.78	36.88	20.12	51.76
Total Operating Expenses	3,254	3,868	2,820	2,608	2,249
Operating Income	1,515	61.37	620.53	579.44	585.78
Interest Income	105.6	128.71	158.41	40.45	10.65
Interest Expense	-2.43	-2.28	-2.55	-2.67	-1.91
Other Non-Operating Income (Expense)	46.42	128.83	57.83	-88.11	-24.07
Total Non-Operating Income (Expense)	149.59	255.26	213.69	-50.32	-15.33
Pretax Income	1,664	316.63	834.22	529.12	570.44
Provision for Income Taxes	377.8	284.02	236.62	188.46	-378.14
Net Income	1,287	32.62	597.6	340.66	948.58
Net Income to Common	1,287	32.62	597.6	340.66	948.58
Net Income Growth	3844.96%	-94.54%	75.42%	-64.09%	-
Shares Outstanding (Basic)	195	207	224	222	220
Shares Outstanding (Diluted)	201	211	226	224	222
Shares Change (YoY)	-4.67%	-6.82%	0.88%	0.85%	1.84%
EPS (Basic)	6.59	0.16	2.67	1.53	4.30
EPS (Diluted)	6.41	0.15	2.65	1.52	4.27
EPS Growth	4173.33%	-94.34%	74.34%	-64.40%	-
Free Cash Flow	1,355	249.07	464	892.11	568.48
Free Cash Flow Growth	443.87%	-46.32%	-47.99%	56.93%	-
Free Cash Flow Per Share	6.75	1.18	2.05	3.98	2.56
Gross Margin	92.76%	92.64%	93.10%	93.90%	94.94%
Operating Margin	29.46%	1.45%	16.79%	17.07%	19.62%
Profit Margin	25.03%	0.77%	16.17%	10.04%	31.76%
FCF Margin	26.35%	5.87%	12.56%	26.28%	19.04%
EBITDA	1,608	150.61	703.19	647.3	643.62
EBITDA Margin	31.28%	3.55%	19.03%	19.07%	21.55%
EBIT	1,515	61.37	620.53	579.44	585.78
EBIT Margin	29.46%	1.45%	16.79%	17.07%	19.62%
Effective Tax Rate	22.70%	89.70%	28.36%	35.62%	-66.29%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q