Incyte JAKAFI — Royalties payable decreased by 20.7% to $16.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 97.0%, from $537.10M to $16.10M.
Higher royalties payable are expected with higher sales, but excessive levels relative to revenue may indicate unfavorable licensing terms.
This metric represents the total outstanding financial obligation owed to third-party licensors based on the sales of a...
Standard for any company operating under a royalty-based licensing model.
incy_segment_jakafi_royalties_payable| Q4 '21 | Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $148.10M | $253.50M | $375.60M | $398.60M | $433.20M | $469.50M | $507.40M | $537.10M | $18.70M | $19.40M | $20.30M | $16.10M |
| QoQ Change | — | +71.2% | +48.2% | +6.1% | +8.7% | +8.4% | +8.1% | +5.9% | -96.5% | +3.7% | +4.6% | -20.7% |
| YoY Change | — | +71.2% | +48.2% | — | — | — | +35.1% | +34.7% | -95.7% | -95.9% | -96.0% | -97.0% |