When did Incyte report Q4 2025 earnings?

Incyte (INCY) reported Q4 2025 earnings on February 10, 2026 before market open.

What were Incyte's Q4 2025 revenue and EPS?

Incyte reported revenue of $1.5B and diluted EPS of $1.80 for Q4 2025.

Did Incyte beat estimates in Q4 2025?

Revenue beat the consensus estimate of $1.4B by $152.0M. EPS missed the consensus estimate of $1.90 by $0.10.

How did Incyte's Q4 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 27.8% from $1.2B a year earlier and diluted EPS grew 25.9% from $1.43.

Where can I find Incyte's Q4 2025 SEC filings?

You can read the 8-K earnings release (0000879169-26-000006) and the 10-K periodic report (0000879169-26-000010) directly on SEC EDGAR. The filing index links above go to sec.gov.

Incyte INCY Q4 2025 Annual earnings

Reported February 10, 2026 · Before market open

Revenue$1.5BBeat by $152.0M Diluted EPS$1.80Miss by $0.10

Revenue estimate$1.4B

EPS estimate$1.90

Next report

Jul 28, 2026 (In 2 weeks)

Revenue estimate$1.4B

EPS estimate$1.97

Financials

Q4 2025

Income statement

See full

Revenue$1.5B+27.8%

Gross profit$1.4B+27.1%

Operating income$335.9M+11.4%

Net income$299.3M+48.7%

EPS (diluted)$1.46+53.7%

Balance sheet

See full

Cash & equivalents$3.1B+83.5%

Total debt$59.4M-8.2%

Total equity$5.2B+49.9%

Total assets$7.0B+27.8%

Cash flow

See full

Operating cash flow$543.3M+42.5%

CapEx$771.0K—

Free cash flow$542.5M+42.0%

Valuation & ratios

Valuation

as of 12/31/25

See full

Market cap$19.39B+45.7%

Enterprise value$16.35B+40.0%

P/E15.1×-393×

P/S3.8×+0.6×

Profitability

See full

Gross margin92.8%+0.1pp

Operating margin29.5%+28.0pp

Net margin25%+24.3pp

FCF margin27.4%+19.6pp

Returns & leverage

See full

Return on equity29.9%+29.1pp

Debt / equity0×0.0×

Current ratio3.3×+1.3×

Segments

By product

See full

JAKAFI$828.2M+7.1%

OPZELURA$207.3M+28.3%

JAKAVI Royalty Revenues$130.2M+14.0%

Milestone and contract revenues$100.0M—

NIKTIMVO$56.0M—

By geography

See full

Europe$76.0M-14.5%

Other countries$6.1M+142%

By segment

See full

Reportable Segment$1.5B+27.8%

Versus estimates

Revenue

Q1 2026$1.3BBeat by $56.7M

Q4 2025$1.5BBeat by $152.0M

Q3 2025$1.4BBeat by $11.7M Q2 2025$1.2BMiss by $41.3M Q1 2025$1.1BMiss by $100.1M Q4 2024$1.2BBeat by $173.8M

Diluted EPS

Q1 2026$1.81Beat by $0.43

Q4 2025$1.80Miss by $0.10

Q3 2025$2.26Beat by $0.60 Q2 2025$1.57Beat by $0.18 Q1 2025$1.16Beat by $0.15 Q4 2024$1.43Miss by $0.14

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Questions, answered.

When did Incyte report Q4 2025 earnings?: Incyte (INCY) reported Q4 2025 earnings on February 10, 2026 before market open.
What were Incyte's Q4 2025 revenue and EPS?: Incyte reported revenue of $1.5B and diluted EPS of $1.80 for Q4 2025.
Did Incyte beat estimates in Q4 2025?: Revenue beat the consensus estimate of $1.4B by $152.0M. EPS missed the consensus estimate of $1.90 by $0.10.
How did Incyte's Q4 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 27.8% from $1.2B a year earlier and diluted EPS grew 25.9% from $1.43.
Where can I find Incyte's Q4 2025 SEC filings?: You can read the 8-K earnings release (0000879169-26-000006) and the 10-K periodic report (0000879169-26-000010) directly on SEC EDGAR. The filing index links above go to sec.gov.