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Cost of Revenue

Total Cost of Revenue

Incyte Total Cost of Revenue decreased by 13.7% to $104.52M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 42.8%, from $73.19M to $104.52M. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows an upward trend with a 25.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 28, 2026

How to read this metric

An increase relative to revenue suggests margin compression, while a decrease indicates improved manufacturing efficiency or favorable product mix.

Detailed definition

Total cost of revenue includes the direct costs associated with manufacturing, packaging, and distributing pharmaceutica...

Peer comparison

Highly comparable across pharmaceutical firms, though variations exist based on whether drugs are manufactured in-house or outsourced.

Metric ID: total_cost_of_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$38.03M$39.87M$43.87M$42.61M$50.64M$54.58M$59.16M$56.82M$68.33M$60.09M$69.75M$60.96M$76.63M$85.99M$88.49M$73.19M$78.77M$99M$121.18M$104.52M
QoQ Change+4.8%+10.0%-2.9%+18.8%+7.8%+8.4%-4.0%+20.2%-12.1%+16.1%-12.6%+25.7%+12.2%+2.9%-17.3%+7.6%+25.7%+22.4%-13.7%
YoY Change+33.2%+36.9%+34.8%+33.3%+34.9%+10.1%+17.9%+7.3%+12.2%+43.1%+26.9%+20.1%+2.8%+15.1%+36.9%+42.8%
Range$38.03M$121.18M
CAGR+23.7%
Avg YoY Growth+25.5%
Median YoY Growth+30.0%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Reportable Segment$73.19M$78.77M$99M$121.18M$104.52M
Total$73.19M$78.77M$99M$121.18M$104.52M

Frequently Asked Questions

What is Incyte's total cost of revenue?
Incyte (INCY) reported total cost of revenue of $104.52M in Q1 2026.
How has Incyte's total cost of revenue changed year-over-year?
Incyte's total cost of revenue increased by 42.8% year-over-year, from $73.19M to $104.52M.
What is the long-term trend for Incyte's total cost of revenue?
Over 4 years (2021 to 2025), Incyte's total cost of revenue has grown at a 25.3% compound annual growth rate (CAGR), from $150.99M to $372.13M.
What does total cost of revenue mean?
The direct costs incurred to produce and deliver the goods or services sold by the company.