Incyte Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	5,361	5,141	4,241	3,696	3,395	2,986
Revenue Growth (YoY)	21.48%	21.22%	14.76%	8.87%	13.68%	11.98%
Cost of Revenue	403.47	372.13	312.07	254.99	207	150.99
Gross Profit	4,958	4,769	3,929	3,441	3,188	2,835
Selling, General & Admin	1,379	1,376	1,242	1,156	1,002	739.56
Research & Development	2,129	2,050	2,607	1,628	1,586	1,458
Other Operating Expenses	-236.91	-172.11	18.78	36.88	20.12	51.76
Total Operating Expenses	3,270	3,254	3,868	2,820	2,608	2,250
Operating Income	1,611	1,515	61.37	620.53	579.44	585.78
Interest Income	116.36	105.6	128.71	158.41	40.45	10.65
Interest Expense	-2.34	-2.43	-2.28	-2.55	-2.67	-1.91
Other Non-Operating Income (Expense)	49.03	46.42	128.83	57.83	-88.11	-24.07
Total Non-Operating Income (Expense)	163.05	149.59	255.26	213.69	-50.32	-15.33
Pretax Income	1,774	1,664	316.63	834.22	529.12	570.44
Provision for Income Taxes	342.08	377.8	284.02	236.62	188.46	-378.14
Net Income	1,432	1,287	32.62	597.6	340.66	948.58
Net Income to Common	1,432	1,287	32.62	597.6	340.66	948.58
Net Income Growth	6631.45%	3844.96%	-94.54%	75.42%	-64.09%	-
Shares Outstanding (Basic)	197	195	207	224	222	220
Shares Outstanding (Diluted)	203	201	211	226	224	222
Shares Change (YoY)	0.26%	-4.67%	-6.82%	0.88%	0.85%	1.84%
EPS (Basic)	7.30	6.59	0.16	2.67	1.53	4.30
EPS (Diluted)	7.08	6.41	0.15	2.65	1.52	4.27
EPS Growth	2112.50%	4173.33%	-94.34%	74.34%	-64.40%	-
Shares Outstanding	199.95	198.46	193.43	224.29	222.75	221.08
Free Cash Flow	1,451	1,355	249.07	464	892.11	568.48
Free Cash Flow Growth	7.11%	443.87%	-46.32%	-47.99%	56.93%	-
Free Cash Flow Per Share	7.15	6.75	1.18	2.05	3.98	2.56
Gross Margin	92.47%	92.76%	92.64%	93.10%	93.90%	94.94%
Operating Margin	30.05%	29.46%	1.45%	16.79%	17.07%	19.62%
Profit Margin	26.71%	25.03%	0.77%	16.17%	10.04%	31.76%
FCF Margin	27.06%	26.35%	5.87%	12.56%	26.28%	19.04%
EBITDA	1,706	1,608	150.61	703.19	647.3	643.62
EBITDA Margin	31.81%	31.28%	3.55%	19.03%	19.07%	21.55%
EBIT	1,611	1,515	61.37	620.53	579.44	585.78
EBIT Margin	30.05%	29.46%	1.45%	16.79%	17.07%	19.62%
Effective Tax Rate	19.28%	22.70%	89.70%	28.36%	35.62%	-66.29%

Updated Apr 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q