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Incyte INCY Axatilimab - Commercialization Activities — Accrued and other liabilities

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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$24B+58.2%
Enterprise value$20.05B+51.3%
P/E14.9×-2.5×
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

Reported directly by Incyte in its filing.

Tagged under the XBRL concept us-gaap:AccruedLiabilitiesAndOtherLiabilities.

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

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

In connection with the United States co-commercialization efforts, Syndax’s 50% share of profit for the three and six months ended June 30, 2026 was $20.2 million and $34.6 million, respectively, which is reflected in cost of sales on the condensed consolidated statement of operations. At June 30, 2026 and December 31, 2025, $26.5 million and $27.6 million, respectively, was included in accrued and other liability on the consolidated balance sheet for amounts due to Syndax related to United States co-commercialization activities.

Item 1. Financial Statements

FAQ

What is Incyte's axatilimab - commercialization activities — accrued and other liabilities?
Incyte (INCY) reported axatilimab - commercialization activities — accrued and other liabilities of $26.5M in Q2 2026.
What does axatilimab - commercialization activities — accrued and other liabilities mean?
This metric represents the total outstanding financial obligations and short-term liabilities specifically associated with the commercial launch and market support activities for Axatilimab. It captures deferred costs, accrued marketing expenses, and other operational payables incurred to bring this therapeutic asset to market. Monitoring this balance provides insight into the scale of commercial investment and the timing of cash outflows related to the product's lifecycle.

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