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Incyte INCY EBITDA margin

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Other financials

Income statement

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Revenue$1.7B+37.7%
Gross profit$1.6B+38.0%
Operating income$697.9M+31.6%
Net income$585.6M+44.6%
EPS (diluted)$2.81+37.7%

Balance sheet

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Cash & equivalents$4.0B+104%
Total debt$38.3M-9.8%
Total equity$6.3B+52.1%
Total assets$7.9B+35.2%

Cash flow

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Operating cash flow$507.7M+1,035%
CapEx$1.6M-43.5%
Free cash flow$509.3M+1,069%

Valuation

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Market cap$24.01B+57.5%
Enterprise value$20.06B+50.5%
P/E14.9×-2.6×
P/S4.1×+0.8×

Profitability

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Gross margin92.6%-0.3pp
Operating margin30.6%+4.8pp
Net margin27.7%+8.7pp
FCF margin34%+12.3pp

Returns & leverage

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Return on equity30.7%+6.4pp
Debt / equity0.0×
Current ratio4.6×+1.7×

Where this comes from

Calculated from Incyte’s reported figures.

Based on trailing twelve months.

The source filing: Incyte’s 10-Q, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000879169-26-000056

FAQ

What is Incyte's EBITDA margin?
Incyte (INCY) reported EBITDA margin of 32.2% in Q2 2026.
How has Incyte's EBITDA margin changed year-over-year?
Incyte's EBITDA margin increased by 16.1% year-over-year, from 27.8% to 32.2%.
What is the long-term trend for Incyte's EBITDA margin?
Over 4 years (2021 to 2025), Incyte's EBITDA margin has grown at a 9.8% compound annual growth rate (CAGR), from 21.6% to 31.3%.
What does EBITDA margin mean?
EBITDA (earnings before interest, taxes, depreciation, and amortization) as a percentage of revenue, trailing twelve months. A proxy for cash operating profitability that strips out capital-structure and non-cash charges.

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