PP&E (Net)
Incyte PP&E (Net) decreased by 1.5% to $720.17M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.9%, from $765.36M to $720.17M. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 5.5% CAGR.
Analysis
How to read this metric
An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.
Detailed definition
This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...
Peer comparison
Standard line item for all manufacturing and industrial companies; directly comparable across peers.
property_plant_equipment_netHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $661.36M | $686.72M | $723.92M | $729.22M | $721.33M | $715.73M | $739.31M | $741.70M | $749.35M | $733.05M | $751.51M | $720.00M | $762.01M | $773.10M | $763.41M | $765.36M | $798.54M | $798.63M | $730.89M | $720.17M |
| QoQ Change | — | +3.8% | +5.4% | +0.7% | -1.1% | -0.8% | +3.3% | +0.3% | +1.0% | -2.2% | +2.5% | -4.2% | +5.8% | +1.5% | -1.3% | +0.3% | +4.3% | +0.0% | -8.5% | -1.5% |
| YoY Change | — | — | — | — | +9.1% | +4.2% | +2.1% | +1.7% | +3.9% | +2.4% | +1.7% | -2.9% | +1.7% | +5.5% | +1.6% | +6.3% | +4.8% | +3.3% | -4.3% | -5.9% |
Geographic Breakdown — United States
| Segment | Q4 '22 | Q4 '25 |
|---|---|---|
| United States | $442.00M | $406.83M |
| Switzerland | — | $309.80M |
| Japan | $1.50M | — |
| Total | $739.31M | $730.89M |
Japan was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown — Europe
| Segment | Q4 '22 | Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Other countries | — | — | $11.69M | $13.00M | $13.95M | $13.47M | $14.25M | $14.01M |
| Europe | $295.80M | $314.40M | — | — | — | — | — | — |
| Total | $739.31M | $751.51M | $763.41M | $765.36M | $798.54M | $798.63M | $730.89M | $720.17M |
Europe was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Incyte's pp&e (net)?
- Incyte (INCY) reported pp&e (net) of $720.17M in Q1 2026.
- How has Incyte's pp&e (net) changed year-over-year?
- Incyte's pp&e (net) decreased by 5.9% year-over-year, from $765.36M to $720.17M.
- What is the long-term trend for Incyte's pp&e (net)?
- Over 5 years (2020 to 2025), Incyte's pp&e (net) has grown at a 5.5% compound annual growth rate (CAGR), from $559.63M to $730.89M.
- What does pp&e (net) mean?
- The current book value of physical assets after accounting for wear and tear.