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Incyte INCY EBITDA margin

EBITDA margin at other companies

Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
27.2%-2.2pp
Pfizer logo
PfizerPFE
25.3%
Gilead Sciences logo
Gilead SciencesGILD
36.1%+6.2pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
34.4%+2.7pp
Amgen logo
AmgenAMGN
41.5%+3.4pp
Biogen logo
BiogenBIIB
27%+0.1pp

Other financials

Income statement

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Revenue$1.3B+20.9%
Gross profit$1.2B+19.2%
Operating income$301.1M+46.8%
Net income$303.3M+91.7%
EPS (diluted)$1.47+83.8%

Balance sheet

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Cash & equivalents$3.5B+78.2%
Total debt$39.4M-8.6%
Total equity$5.6B+53.3%
Total assets$7.3B+27.7%

Cash flow

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Operating cash flow$369.4M+38.8%
CapEx$1.6M-43.5%
Free cash flow$367.7M+39.7%

Valuation

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Market cap$19.78B+59.9%
Enterprise value$16.35B+55.9%
P/E13.8×-568×
P/S3.7×+0.9×

Profitability

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Gross margin92.5%-0.2pp
Operating margin30%+26.1pp
Net margin26.7%+26.2pp

Returns & leverage

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Return on equity30.8%+30.4pp
Debt / equity0.0×
Current ratio3.7×+1.6×

Where this comes from

Calculated from Incyte’s reported figures.

Based on trailing twelve months.

The official record: Incyte’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Incyte's EBITDA margin?
Incyte (INCY) reported EBITDA margin of 31.8% in Q1 2026.
How has Incyte's EBITDA margin changed year-over-year?
Incyte's EBITDA margin increased by 431.2% year-over-year, from 6% to 31.8%.
What is the long-term trend for Incyte's EBITDA margin?
Over 3 years (2022 to 2025), Incyte's EBITDA margin has grown at a 5.0% compound annual growth rate (CAGR), from 84.4% to 97.7%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.