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
Operating Revenue	5,141	4,241	3,696	3,395	2,986
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	2,422	2,918	1,885	1,801	1,646
Gross Profit	2,719	1,323	1,811	1,594	1,340
Selling, General & Admin	1,376	1,239	1,159	999.34	740.96
Operating Expenses	1,376	1,239	1,159	999.34	740.96
Operating Income	1,343	84.45	652.36	594.39	599.12
Interest Expense	-2.43	-2.28	-2.55	-2.67	-1.91
Interest & Investment Income	105.6	128.71	158.41	40.45	12.05
Other Non Operating Income (Expenses)	25.11	9.53	11.3	-3.32	-
EBT Excluding Unusual Items	1,471	220.41	819.52	628.86	609.26
Gain (Loss) on Sale of Investments	21.31	116.03	43.89	-87.59	-24.07
Asset Writedown	-76.28	-	-	-	-
Legal Settlements	242.25	-	-	-	-
Other Unusual Items	6.13	-19.8	-29.2	-12.15	-14.74
Pretax Income	1,664	316.63	834.22	529.12	570.44
Income Tax Expense	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	-	249.07	464	892.11	568.48
Free Cash Flow Per Share	-	1.18	2.05	3.98	2.56
Gross Margin	52.89%	31.20%	49.00%	46.95%	44.88%
Operating Margin	26.12%	1.99%	17.65%	17.51%	20.06%
Profit Margin	25.03%	0.77%	16.17%	10.04%	31.77%
Free Cash Flow Margin	-	5.87%	12.55%	26.28%	19.04%
EBITDA	1,435	177.6	738.52	665.35	659.66
EBITDA Margin	27.91%	4.19%	19.98%	19.60%	22.09%
D&A For EBITDA	92.41	93.15	86.16	70.96	60.54
EBIT	1,343	84.45	652.36	594.39	599.12
EBIT Margin	26.12%	1.99%	17.65%	17.51%	20.06%
Effective Tax Rate	22.70%	89.70%	28.36%	35.62%	-
Revenue as Reported	5,141	4,241	3,696	3,395	2,986
Advertising Expenses	-	200.7	221.9	196.4	66

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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