Incyte Corporation (INCY)

Incyte Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,585	4,241	3,696	3,395	2,986	2,667
Revenue	4,585	4,241	3,696	3,395	2,986	2,667
Revenue Growth (YoY)	18.87%	14.76%	8.87%	13.68%	11.98%	23.53%
Cost of Revenue	2,145	2,757	1,758	1,688	1,646	2,390
Gross Profit	2,440	1,485	1,938	1,706	1,340	276.63
Selling, General & Admin	1,309	1,239	1,159	999.34	740.96	517.87
Research & Development	164.4	161.3	126.7	112.5	-	-
Operating Expenses	1,474	1,400	1,285	1,112	740.96	517.87
Operating Income	966.47	84.45	652.36	594.39	599.12	-241.24
Interest Expense	-2.45	-2.28	-2.55	-2.67	-1.91	-2.17
Interest & Investment Income	88.53	128.71	158.41	40.45	12.05	-
Other Non Operating Income (Expenses)	18.51	9.53	11.3	-3.32	-	24.16
EBT Excluding Unusual Items	1,071	220.41	819.52	628.86	609.26	-219.26
Merger & Restructuring Charges	31.5	-	-	-	-	-
Gain (Loss) on Sale of Investments	-28.66	116.03	43.89	-87.59	-24.07	10.43
Other Unusual Items	-53.7	-19.8	-29.2	-12.15	-14.74	-23.39
Pretax Income	1,262	316.63	834.22	529.12	570.44	-232.22
Income Tax Expense	391.58	284.02	236.62	188.46	-378.14	63.48
Net Income	870.87	32.62	597.6	340.66	948.58	-295.7
Net Income to Common	870.87	32.62	597.6	340.66	948.58	-295.7
Net Income Growth	795.08%	-94.54%	75.42%	-64.09%	-	-
Shares Outstanding (Basic)	193	207	224	222	220	218
Shares Outstanding (Diluted)	199	211	226	224	222	218
Shares Change (YoY)	-11.03%	-6.82%	0.88%	0.85%	1.84%	0.19%
EPS (Basic)	4.50	0.16	2.67	1.53	4.30	-1.36
EPS (Diluted)	4.37	0.15	2.65	1.52	4.27	-1.36
EPS Growth	900.04%	-94.34%	74.34%	-64.40%	-	-
Free Cash Flow	958.08	249.07	464	892.11	568.48	-311.98
Free Cash Flow Per Share	4.81	1.18	2.05	3.98	2.56	-1.43
Gross Margin	53.22%	35.00%	52.43%	50.26%	44.88%	10.37%
Operating Margin	21.08%	1.99%	17.65%	17.51%	20.06%	-9.05%
Profit Margin	18.99%	0.77%	16.17%	10.04%	31.77%	-11.09%
Free Cash Flow Margin	20.90%	5.87%	12.55%	26.28%	19.04%	-11.70%
EBITDA	1,061	177.6	738.52	665.35	659.66	-186.83
EBITDA Margin	23.14%	4.19%	19.98%	19.60%	22.09%	-7.01%
D&A For EBITDA	94.43	93.15	86.16	70.96	60.54	54.41
EBIT	966.47	84.45	652.36	594.39	599.12	-241.24
EBIT Margin	21.08%	1.99%	17.65%	17.51%	20.06%	-9.05%
Effective Tax Rate	31.02%	89.70%	28.36%	35.62%	-	-
Revenue as Reported	4,585	4,241	3,696	3,395	2,986	2,667
Advertising Expenses	-	200.7	221.9	196.4	66	28.9

Updated Jul 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q