Incyte Corporation (INCY)

Incyte Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,287	32.62	597.6	340.66	948.58
Depreciation & Amortization	93.29	89.25	82.66	67.86	57.84
Stock-Based Compensation	249.35	266.06	215.89	188.42	183.01
Other Adjustments	311.38	-190.83	-151.01	174.2	-425.37
Change in Receivables	-170.77	-111.59	-98.68	-28.58	-134.31
Changes in Inventories	-58.51	-127.63	-170.15	-67.5	-20.97
Changes in Accounts Payable	6.56	88.16	-167.95	105.44	73.34
Changes in Accrued Expenses	-148.2	278.94	230.61	220.2	131.44
Changes in Other Operating Activities	-156.24	10.37	-42.49	-30.74	-64.08
Operating Cash Flow	1,413	335.34	496.49	969.94	749.49
Operating Cash Flow Growth	321.52%	-32.46%	-48.81%	29.41%	-
Capital Expenditures	-58.87	-86.26	-32.49	-77.83	-181.01
Purchases of Intangible Assets	-25	-13.9	-15	-	-
Purchases of Investments	-303.38	-258.37	-466.02	-79.86	-268.68
Proceeds from Sale of Investments	284.64	516.05	305.83	79.15	241.98
Investing Cash Flow	-102.61	157.52	-207.68	-78.54	-207.7
Issuance of Common Stock	221.76	49.3	35.84	61.12	58.63
Repurchase of Common Stock	-95.92	-2,045	-28.55	-26.3	-29.94
Net Common Stock Issued (Repurchased)	125.84	-1,996	7.29	34.81	28.69
Other Financing Activities	-24.81	-25.76	-27.32	-35.61	-22.51
Financing Cash Flow	101.04	-2,022	-20.03	-0.79	6.18
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-1.71	2.92	-6.68	3.36	-3.57
Net Cash Flow	1,410	-1,526	262.1	893.96	544.4
Free Cash Flow	1,355	249.07	464	892.11	568.48
Free Cash Flow Growth	443.87%	-46.32%	-47.99%	56.93%	-
FCF Margin	26.35%	5.87%	12.56%	26.28%	19.04%
Free Cash Flow Per Share	6.75	1.18	2.05	3.98	2.56
Levered Free Cash Flow	964.68	285.43	497.8	558.07	945.16
Unlevered Free Cash Flow	849.04	259.14	344.72	590.47	970.65

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

SEC Filings: 10-K · 10-Q