Incyte Corporation (INCY)

Incyte Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,768	3,696	3,395	2,986	2,667	2,159
Revenue Growth (YoY)	8.58%	8.87%	13.67%	11.98%	23.53%	14.71%
Cost of Revenue	259.12	254.99	207	150.99	131.33	114.25
Gross Profit	3,509	3,441	3,188	2,835	2,535	2,045
Selling, General & Admin	1,146	1,161	1,002	739.56	516.92	468.71
Research & Development	1,650	1,628	1,586	1,458	2,216	1,154
Other Operating Expenses	24.93	31.25	20.12	51.76	66.19	0
Operating Expenses	2,821	2,820	2,608	2,249	2,799	1,623
Operating Income	687.65	620.53	579.44	585.78	-263.68	421.69
Interest Expense / Income	2.51	2.55	2.67	1.91	2.17	1.86
Other Expense / Income	-333.38	-216.24	47.66	13.43	-33.63	-66.96
Pretax Income	1,019	834.22	529.12	570.44	-232.22	486.79
Income Tax	273.07	236.62	188.46	-378.14	63.48	39.89
Net Income	745.44	597.6	340.66	948.58	-295.7	446.91
Net Income Growth	129.81%	75.42%	-64.09%	-	-	308.16%
Shares Outstanding (Basic)	224	224	222	220	218	215
Shares Outstanding (Diluted)	227	226	224	222	218	218
Shares Change	0.72%	0.88%	0.85%	1.83%	0.19%	0.94%
EPS (Basic)	3.33	2.67	1.53	4.30	-1.36	2.08
EPS (Diluted)	3.30	2.65	1.52	4.27	-1.36	2.05
EPS Growth	129.17%	74.34%	-64.40%	-	-	301.96%
Free Cash Flow	790.77	464	892.11	568.48	-311.98	632.59
Free Cash Flow Per Share	3.52	2.08	4.02	2.58	-1.43	2.94
Gross Margin	93.12%	93.10%	93.90%	94.94%	95.08%	94.71%
Operating Margin	18.25%	16.79%	17.07%	19.62%	-9.89%	19.53%
Profit Margin	19.78%	16.17%	10.04%	31.76%	-11.09%	20.70%
Free Cash Flow Margin	20.99%	12.56%	26.28%	19.04%	-11.70%	29.30%
Effective Tax Rate	26.81%	28.36%	35.62%	-66.29%	-	8.19%
EBITDA	1,106	919.43	599.64	630.2	-178.24	543.18
EBITDA Margin	29.36%	24.88%	17.66%	21.10%	-6.68%	25.16%
Depreciation & Amortization	85.4	82.66	67.86	57.84	51.81	54.53
EBIT	1,021	836.77	531.78	572.35	-230.04	488.65
EBIT Margin	27.10%	22.64%	15.67%	19.17%	-8.63%	22.64%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).