Incyte Corporation (INCY)
NASDAQ: INCY · Real-Time Price · USD
120.23
+1.85 (1.56%)
Aug 7, 2026, 3:28 PM EDT - Market open
Incyte Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 1,612 | 1,287 | 32.62 | 597.6 | 340.66 | 948.58 |
Depreciation & Amortization | 98.28 | 93.29 | 89.25 | 82.66 | 67.86 | 57.84 |
Stock-Based Compensation | 255.14 | 249.35 | 266.06 | 215.89 | 188.42 | 183.01 |
Other Adjustments | 267.78 | 311.38 | -190.83 | -151.01 | 174.2 | -425.37 |
Change in Receivables | -282.32 | -170.77 | -111.59 | -98.68 | -28.58 | -134.31 |
Changes in Inventories | -34.52 | -58.51 | -127.63 | -170.15 | -67.5 | -20.97 |
Changes in Accounts Payable | 34.69 | 6.56 | 88.16 | -167.95 | 105.44 | 73.34 |
Changes in Accrued Expenses | -35.37 | -148.2 | 278.94 | 230.61 | 220.2 | 131.44 |
Changes in Other Operating Activities | -12.65 | -156.24 | 10.37 | -42.49 | -30.74 | -64.08 |
Operating Cash Flow | 1,980 | 1,413 | 335.34 | 496.49 | 969.94 | 749.49 |
Operating Cash Flow Growth | 97.40% | 321.52% | -32.46% | -48.81% | 29.41% | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -59.24 | -58.87 | -86.26 | -32.49 | -77.83 | -181.01 |
Purchases of Intangible Assets | -30 | -25 | -13.9 | -15 | - | - |
Purchases of Investments | -380.12 | -303.38 | -258.37 | -466.02 | -79.86 | -268.68 |
Proceeds from Sale of Investments | 284.53 | 284.64 | 516.05 | 305.83 | 79.15 | 241.98 |
Investing Cash Flow | -224.83 | -102.61 | 157.52 | -207.68 | -78.54 | -207.7 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Issuance of Common Stock | 376.71 | 221.76 | 49.3 | 35.84 | 61.12 | 58.63 |
Repurchase of Common Stock | -77.34 | -95.92 | -2,045 | -28.55 | -26.3 | -29.94 |
Net Common Stock Issued (Repurchased) | 299.37 | 125.84 | -1,996 | 7.29 | 34.81 | 28.69 |
Other Financing Activities | -24.13 | -24.81 | -25.76 | -27.32 | -35.61 | -22.51 |
Financing Cash Flow | 275.24 | 101.04 | -2,022 | -20.03 | -0.79 | 6.18 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | -2.73 | -1.71 | 2.92 | -6.68 | 3.36 | -3.57 |
Net Cash Flow | 2,027 | 1,410 | -1,526 | 262.1 | 893.96 | 544.4 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 1,920 | 1,355 | 249.07 | 464 | 892.11 | 568.48 |
Free Cash Flow Growth | 100.45% | 443.87% | -46.32% | -47.99% | 56.93% | - |
FCF Margin | 33.00% | 26.35% | 5.87% | 12.56% | 26.28% | 19.04% |
Free Cash Flow Per Share | 9.35 | 6.75 | 1.18 | 2.05 | 3.98 | 2.56 |
Levered Free Cash Flow | 1,604 | 964.68 | 285.43 | 497.8 | 558.07 | 945.16 |
Unlevered Free Cash Flow | 1,449 | 849.04 | 259.14 | 344.72 | 590.47 | 970.65 |