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Incyte

INCYNASDAQStock Fundamentals

Incyte is a global biopharmaceutical company specializing in the discovery, development, and commercialization of proprietary therapeutics. The company focuses on three core therapeutic areas: Hematology, Oncology, and Inflammation and Autoimmunity. Its primary value proposition lies in its ability to bring first-in-class and best-in-class treatments to market for rare blood cancers and immune-related conditions.

Market Cap$19.5B
Revenue TTM$5.4B
Net Income TTM$1.4B
P/E Ratio13.60
Net Margin26.71%
EPS TTM$7.08
Employees2.5K
CEOWilliam J. Meury
CountryUnited States of America
Healthcare
Biotechnology
SegmentsBiotechnology, Pharmaceuticals
Business ModelsR&D-based drug development, Direct commercialization, Licensing and royalties
Most Recent EarningsApr 28, 2026 · 1 month 2 days agoQ1 2026
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Next EarningsAug 4, 2026 · in 2 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin92.47%
Op. Margin30.05%
ROE30.82%
D/E0.78%
Current Ratio3.68
Total Debt$43.8M
Cash$3.5B

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Hematology

primary

This segment focuses on rare blood cancers and conditions related to hematopoietic stem cell transplants. It includes the company's most significant commercial products and a robust pipeline of clinical candidates for myeloproliferative neoplasms.

Products

JAKAFI (ruxolitinib), ICLUSIG (ponatinib), MONJUVI (tafasitamab-cxix), MINJUVI (tafasitamab), NIKTIMVO (axatilimab-csfr)

Customers

Specialty pharmacies, Wholesalers, Hospitals, Oncology clinics

Oncology

major

Dedicated to the development of proprietary therapeutics for various solid tumors and hematologic malignancies. This segment leverages the company's expertise in kinase inhibition and immunotherapy.

Products

PEMAZYRE (pemigatinib)

Customers

Specialty pharmacies, Wholesalers, Cancer treatment centers

Inflammation and Autoimmunity (IAI)

major

Focuses on developing treatments for dermatologic and other immune-mediated inflammatory diseases. This segment represents a significant growth area for the company's topical and systemic therapies.

Products

OPZELURA (ruxolitinib) cream

Customers

Dermatologists, Specialty pharmacies, Wholesalers

Segment Financials

MINJUVI/MONJUVI — Total revenues

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ICLUSIG — Total revenues

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JAKAVI Royalty Revenues — Total revenues

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PEMAZYRE — Total revenues

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TABRECTA Royalty Revenues — Total revenues

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Reportable Segment — Research and development - internal

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OPZELURA — Total revenues

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Business Overview

Competitive Position

A leading player in the JAK inhibitor space with a dominant market position in myelofibrosis and polycythemia vera treatments.

Geographies

United States, Europe, Japan, Canada

Customer Segments

Patients with rare diseases, Healthcare providers, Specialty distributors

Upstream Dependencies

Contract manufacturing organizations, Raw material suppliers, Clinical research organizations

Downstream Customers

Specialty pharmacy providers, Pharmaceutical wholesalers, Government healthcare programs, Private insurers

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Incyte FAQ

Common questions about Incyte

Incyte is a global biopharmaceutical company specializing in the discovery, development, and commercialization of proprietary therapeutics. The company focuses on three core therapeutic areas: Hematology, Oncology, and Inflammation and Autoimmunity. Its primary value proposition lies in its ability to bring first-in-class and best-in-class treatments to market for rare blood cancers and immune-related conditions.

Incyte (INCY) has a market capitalization of $19.5B and trades on NASDAQ.

Incyte generated $5.4B in trailing twelve-month revenue with net income of $1.4B, representing a net margin of 26.7%. Gross margin stands at 92.5%. These figures are based on the Q1 2026 filing.

Incyte's key competitors include AbbVie, Gilead Sciences, Bristol-Myers Squibb, and others. These companies compete in similar markets and product categories.

Incyte has approximately 2,524 employees.