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Incyte INCY Raw materials

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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$24.44B+58.0%
Enterprise value$20.49B+51.2%
P/E15.2×-2.6×
P/S4.2×+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:InventoryRawMaterialsNetOfReserves.

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
Line itemJune 30,2026December 31,2025
Raw materials$49,778$27,860
API and work-in-process337,757343,678
Finished goods70,03371,754
Total inventory$457,568$443,292

Item 1. Financial Statements

FAQ

What is Incyte's raw materials?
Incyte (INCY) reported raw materials of $49.78M in Q2 2026.
How has Incyte's raw materials changed year-over-year?
Incyte's raw materials increased by 51.0% year-over-year, from $32.97M to $49.78M.
What is the long-term trend for Incyte's raw materials?
Over 4 years (2021 to 2025), Incyte's raw materials has grown at a 116.2% compound annual growth rate (CAGR), from $1.28M to $27.86M.
What does raw materials mean?
Unprocessed materials and components purchased for use in manufacturing, valued at cost.

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