Current Liabilities
Income Taxes Payable
Incyte Income Taxes Payable increased by 24.8% to $5.93M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 93.5%, from $91.70M to $5.93M. Over 2 years (FY 2023 to FY 2025), Income Taxes Payable shows a downward trend with a -66.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026Apr 28, 2026
How to read this metric
An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.
Detailed definition
This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...
Peer comparison
Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.
Metric ID:
income_taxes_payableHistorical Data
10 periods
| Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $42.30M | $126.76M | $32.40M | $33.15M | $23.78M | $91.70M | $5.39M | $5.51M | $4.76M | $5.93M |
| QoQ Change | — | +199.7% | -74.4% | +2.3% | -28.3% | +285.6% | -94.1% | +2.2% | -13.7% | +24.8% |
| YoY Change | — | — | — | — | -43.8% | -27.7% | -83.4% | -83.4% | -80.0% | -93.5% |
Range$4.76M – $126.76M
CAGR-58.2%
Avg YoY Growth-68.6%
Median YoY Growth-81.7%
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is Incyte's income taxes payable?
- Incyte (INCY) reported income taxes payable of $5.93M in Q1 2026.
- How has Incyte's income taxes payable changed year-over-year?
- Incyte's income taxes payable decreased by 93.5% year-over-year, from $91.70M to $5.93M.
- What is the long-term trend for Incyte's income taxes payable?
- Over 2 years (2023 to 2025), Incyte's income taxes payable has grown at a -66.5% compound annual growth rate (CAGR), from $42.30M to $4.76M.
- What does income taxes payable mean?
- The amount of income tax the company owes to government authorities for the current period.