10x Insights
Loading account…
INCY

Incyte

Health CareProfessional ServicesS&P 500
Ticker INCYWILMINGTON, DEFiscal year ends DecemberBook value per share $30.55Diluted shares 207.7M

Incyte Corporation (Nasdaq: INCY) is a global biopharmaceutical company that discovers, develops and commercializes proprietary therapeutics. Its business focuses on hematology, oncology, and inflammation and autoimmunity, with approved medicines and clinical programs across these areas. Products include JAKAFI… From the company’s description.

In fiscal 2025, Incyte reported revenue of $5.14B, up 21.2% from fiscal 2024, and net income of $1.29B. Its operating margin was 29.5%, and operations generated $1.41B in cash. Over the twelve months to Jun 30, 2026, revenue was $5.82B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$5.14BFY2025
+21.2% year over year
Last 12 mo $5.82B
29.46%FY2025
+28 percentage points
Last 12 mo 30.56%
$1.29BFY2025
+3845.0% year over year
Last 12 mo $1.61B
26.04%FY2025
+25.1 percentage points
Last 12 mo 25.41%
Cash & financing
$1.41BFY2025
+321.5% year over year
Last 12 mo $1.98B
$1.35BFY2025
+443.9% year over year
Last 12 mo $1.92B
0.01FY2025
Was 0.01× a year earlier
Last 12 mo 0.01
200.7MFY2025
−4.7% year over year
Last 12 mo 207.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Incyte does

In the company’s own words

Incyte Corporation (Nasdaq: INCY) is a global biopharmaceutical company that discovers, develops and commercializes proprietary therapeutics. Its business focuses on hematology, oncology, and inflammation and autoimmunity, with approved medicines and clinical programs across these areas. Products include JAKAFI (ruxolitinib) for blood cancers and graft-versus-host disease, OPZELURA (ruxolitinib) cream for skin conditions, and medicines including PEMAZYRE, ICLUSIG, MONJUVI/MINJUVI, ZYNYZ and NIKTIMVO. Incyte sells products directly in some markets and collaborates with other pharmaceutical companies to develop and commercialize medicines in others; partners include Novartis and Eli Lilly. The company also conducts drug discovery and clinical development, including programs in targeted oncology, myeloid diseases and dermatology. Its commercialized products are distributed through specialty and retail pharmacies, hospitals, distributors and wholesalers, depending on the market. Incyte’s therapeutic franchises are hematology, oncology, and inflammation and autoimmunity.

Company details
Sector
Health Care
Industry (SIC)
Professional Services
Headquarters
WILMINGTON, DE
Fiscal year end
December
CIK
879169
SIC
8731

Financial performance, year by year

Fiscal 2013–2025 · USD
$-926.41M$913.39M$2.75B$4.59B$6.43B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Incyte — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

779
funds hold it
0 of 35
superinvestors hold it
$7.68B
held by funds, at market
35.3%
of shares held by funds

Largest fund holders · Incyte’s weight in each

Dodge & Cox Stock Fund
DODGX · Dodge & Cox Funds
0.76%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.03%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.23%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.03%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Incyte and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Incyte's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Incyte's last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.