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Incyte INCY OPZELURA — Loss Contingency Accrual, Loss (Reversal of Loss)

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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$24.64B+59.3%
Enterprise value$20.69B+52.7%
P/E15.3×-2.5×
P/S4.2×+0.9×

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:LossContingencyLossInPeriod.

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

2 Second quarter 2026 OPZELURA net sales includes $246.0 million related to our agreement with CMS to resolve our litigation related to the application of Medicaid rebate rules to OPZELURA. Refer to Note 15 for further information.

Item 1. Financial Statements

FAQ

What is Incyte's OPZELURA — loss contingency accrual, loss (reversal of loss)?
Incyte (INCY) reported OPZELURA — loss contingency accrual, loss (reversal of loss) of -$246M in Q2 2026.
What does OPZELURA — loss contingency accrual, loss (reversal of loss) mean?
This metric quantifies the financial impact of recognized losses or reversals of previously accrued losses related to legal, regulatory, or operational contingencies specific to a product line. It reflects the company's exposure to litigation, product liability, or other uncertain events that may necessitate a change in financial reserves. Investors use this to evaluate the potential financial volatility and legal risk profile associated with the commercialization of a specific therapeutic asset.

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