
Incyte Corporation
INCYNASDAQHealthcareBiotechnology
Previous close
$127.81
+$0.59 · +0.46%
Pre-market
$128
+$0.19 · +0.15%
Aug 24, 4:00 AM ET
INCY company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Buy
Favorable setup — positive multi-factor alignment
Valuation
97
Deep Value
Momentum
62
Gaining
Sentiment
73
Bullish
Risk resilience
71
Moderate Risk
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Company profile
Company websiteIncyte Corporation is a biopharmaceutical firm engaged in the research, development, and global marketing of its own innovative therapies. Its current product offerings include JAKAFI, prescribed for myelofibrosis and polycythemia vera; PEMAZYRE, a fibroblast growth factor receptor kinase inhibitor that targets oncogenic drivers in various liquid and solid tumor types; and ICLUSIG, a kinase inhibitor utilized for chronic myeloid leukemia and Philadelphia-chromosome positive acute lymphoblastic leukemia. Beyond its marketed drugs, Incyte's pipeline features several promising candidates. Among its clinical-stage assets are ruxolitinib, targeting steroid-refractory chronic graft-versus-host disease (GVHD), and itacitinib, which is undergoing Phase II/III trials for newly diagnosed chronic GVHD. Pemigatinib is also being investigated for conditions such as bladder cancer, cholangiocarcinoma, myeloproliferative syndrome, and other tumor types. Further advancing its research, the company is developing Parsaclisib, currently in Phase II studies for follicular lymphoma, marginal zone lymphoma, and mantle cell lymphoma. Additionally, Retifanlimab is in Phase II development for multiple indications, including MSI-high endometrial cancer, Merkel cell carcinoma, anal cancer, and non-small cell lung cancer. Incyte maintains a broad network of strategic alliances with numerous pharmaceutical and biotech companies, including key partners like Novartis International Pharmaceutical Ltd., Eli Lilly and Company, and Agenus Inc., among many others. These collaborations extend to clinical trials, notably joint efforts with MorphoSys AG and Xencor, Inc., to evaluate a combination therapy involving tafasitamab, plamotamab, and lenalidomide for patients with recurrent or resistant diffuse large B-cell lymphoma and follicular lymphoma. Established in 1991, the corporation's main offices are situated in Wilmington, Delaware.
- Industry
- Biotechnology
- Sector
- Healthcare
- Headquarters
- US
- CEO
- William J. Meury
- Listed since
- Nov 4, 1993
- Employees
- 2,844
Market position
Day range
Current $127.81
52-week range
Current $127.81
- Open
- $126.99
- Previous close
- $127.22
- Volume
- 1.37M
- 0.79× average
- Average volume
- 1.73M
- Average daily volume
- Market cap
- 25.91B USD
- Beta
- 0.77
- Market reference 1
- 50-day average
- $116.2
- +9.99% above average
- 200-day average
- $103.65
- +23.31% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 16.25B USD
- P/E (TTM)
- 15.72×
- P/B (TTM)
- 4.04×
- P/S (TTM)
- 4.45×
- EV / EBITDA
- 9.23×
- Earnings yield
- 6.67%
- Free cash flow yield
- 7.03%
- Dividend yield
- 0.00%
Profitability & efficiency
- Gross margin
- 92.62%
- Operating margin
- 31.57%
- Net margin
- 27.71%
- Return on equity
- 24.90%
- Return on assets
- 18.49%
- Return on invested capital
- 20.58%
Financial health
- Debt / equity
- 0.01×
- Current ratio
- 3.32×
- Altman Z-score
- 12.66
- Piotroski F-score
- 6 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 5.14B USD | 4.24B USD | 3.7B USD | 3.39B USD | 2.99B USD |
| Cost of goods sold | 372.1M USD | 312.1M USD | 254.99M USD | 207M USD | 150.99M USD |
| Gross profit | 4.77B USD | 3.93B USD | 3.44B USD | 3.19B USD | 2.84B USD |
| Research and development | 2.05B USD | 2.61B USD | 1.63B USD | 1.59B USD | 1.46B USD |
| Selling, general, and administrative | 1.38B USD | 1.22B USD | 1.16B USD | 1B USD | 739.56M USD |
| Operating expenses | 3.43B USD | 3.83B USD | 2.79B USD | 2.6B USD | 2.25B USD |
| Interest income | 105.6M USD | 128.71M USD | — | — | — |
| Interest expense | 2.43M USD | 2.28M USD | 2.55M USD | 2.67M USD | 1.91M USD |
| Depreciation and amortization | 93.29M USD | 89.25M USD | 82.66M USD | 67.86M USD | 57.84M USD |
| Operating income | 1.34B USD | 101.29M USD | 655.36M USD | 591.63M USD | 585.78M USD |
| Net income | 1.29B USD | 32.62M USD | 597.6M USD | 340.66M USD | 948.58M USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 45%
- 5 beats, 6 misses, 0 met estimates
- Average EPS surprise
- -21.97%
- 11 comparable reports
- Latest EPS result
- 3.09
- Estimate 2.15 · Beat by 43.72%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$130.07
1.77% upsideRating distribution
44 ratingsRecent analyst actions
INCY news
Corporate actions
Corporate action history
| Action | Effective date | Details | Record date | Payment date |
|---|---|---|---|---|
Stock split | Sep 1, 2000 | 2:1 | — | — |
Stock split | Nov 10, 1997 | 2:1 | — | — |
Effective Sep 1, 2000
2:1
Effective Nov 10, 1997
2:1
INCY peers
ETFs holding INCY
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI646.31M0.03%2.3T USD0.03%$378.24+0.44%
Vanguard S&P 500 ETFVOO526.36M0.03%1.7T USD0.03%$703.71+0.39%
Vanguard Morningstar Small-Cap ETFVB466.57M0.25%183.4B USD0.03%$304.76+0.64%
iShares Core S&P 500 ETFIVV287.92M0.03%891.84B USD0.03%$769.31+0.39%
Vanguard Morningstar Small-Cap Growth ETFVBK269.92M0.60%43.8B USD0.05%$358.65+0.70%
State Street SPDR S&P 500 ETFSPY263.68M0.03%817.87B USD0.09%$765.72+0.41%
Invesco S&P 500 Equal Weight ETFRSP225.41M0.23%100.27B USD0.20%$221.67+0.63%
iShares Biotechnology ETFIBB188.28M1.78%10.75B USD0.44%$213.56+1.29%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 646.31M
- Weight
- 0.03%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
Vanguard S&P 500 ETFVOO- Market value
- 526.36M
- Weight
- 0.03%
- AUM
- 1.7T USD
- Expense ratio
- 0.03%
- Price / 1D
- $703.71+0.39%
Vanguard Morningstar Small-Cap ETFVB- Market value
- 466.57M
- Weight
- 0.25%
- AUM
- 183.4B USD
- Expense ratio
- 0.03%
- Price / 1D
- $304.76+0.64%
iShares Core S&P 500 ETFIVV- Market value
- 287.92M
- Weight
- 0.03%
- AUM
- 891.84B USD
- Expense ratio
- 0.03%
- Price / 1D
- $769.31+0.39%
Vanguard Morningstar Small-Cap Growth ETFVBK- Market value
- 269.92M
- Weight
- 0.60%
- AUM
- 43.8B USD
- Expense ratio
- 0.05%
- Price / 1D
- $358.65+0.70%
State Street SPDR S&P 500 ETFSPY- Market value
- 263.68M
- Weight
- 0.03%
- AUM
- 817.87B USD
- Expense ratio
- 0.09%
- Price / 1D
- $765.72+0.41%
Invesco S&P 500 Equal Weight ETFRSP- Market value
- 225.41M
- Weight
- 0.23%
- AUM
- 100.27B USD
- Expense ratio
- 0.20%
- Price / 1D
- $221.67+0.63%
iShares Biotechnology ETFIBB- Market value
- 188.28M
- Weight
- 1.78%
- AUM
- 10.75B USD
- Expense ratio
- 0.44%
- Price / 1D
- $213.56+1.29%
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