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Incyte Corporation

INCY · NMS
$123.89-44.20%
52W Low: $82.5252W High: $132.60
Current: $123.89  ·  83% of 52-week range
HealthcareBiotechnologyNMS
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Incyte Corporation (INCY) is a healthcare company in the biotechnology industry with $5.82B in trailing revenue trading at a 15.8× trailing P/E — analyst consensus: buy.

Incyte Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics in the United States, Europe, Canada, and Japan. The company offers JAKAFI for the treatment of myelofibrosis (MF), polycythemia vera, and steroid-refractory acute graft-versus-host disease; ICLUSIG, a kinase inhibitor to treat chronic myeloid leukemia and Philadelphia-chromosome positive acute lymphoblastic leukemia; MONJUVI/ MINJUVI for the treatment of diffuse large B-cell lymphoma and Follicular Lymphoma; NIKTIMVO for the treatment of chronic graft-versus-host disease. It also provides INCA033989 for the treatment of essential thrombocythemia and MF; INCA035784 for the treatment of anti-mutant calreticulin and myeloproliferative neoplasms (MPNs); INCB160058 for the treatment of MPNs; PEMAZYRE, a selective fibroblast growth factor receptor kinase inhibitor for the treatment of unresectable biliary tract cancer, metastatic cholangiocarcinoma, and myeloid/lymphoid neoplasms; ZYNYZ to treat adults with metastatic or recurrent locally advanced Merkel cell carcinoma. The company's clinical stage products include INCB123667 for ovarian cancer; INCB161734 for solid tumors; INCA33890 for cancers; Ruxolitinib cream for atopic dermatitis, hidradenitis suppurativa (HS), and prurigo nodularis; Povorcitinib for HS, nonsegmental vitiligo, prurigo nodularis, and asthma; and INCB00928 for the treatment of fibrodysplasia ossificans progressive. It has collaboration and license agreement with Novartis, Lilly, and Syndax. The company sells its products to specialty and retail pharmacies, hospital pharmacies, and distributors. The company was formerly known as Incyte Genomics Inc and changed its name to Incyte Corporation in March 2003. Incyte Corporation was incorporated in 1991 and is headquartered in Wilmington, Delaware.

Key Statistics

Market Cap$25.11B
Revenue (TTM)$5.82B
EPS (TTM)$7.85
EPS (Fwd est.)$8.89
Employees2,844
Trailing P/E15.78
Forward P/E13.94
PEG Ratio10.82
Price / Sales4.32
Price / Book3.92
EV / EBITDA10.61
Beta (5Y)0.77

Analyst Consensus

Consensus
Buy
Analyst Price Target
+3.1% upside
Target: $127.74

Annual Revenue & Net Income

RevenueNet Income
'22
$3.39B
$340.00M
'23
$3.70B
$600.00M
'24
$4.24B
$30.00M
'25
$5.14B
$1.29B

Earnings History


QuarterActual EPSEstimateResult
Jul 2026
$3.09
$2.15Beat (+44.0%)
Apr 2026
$1.81
$1.34Beat (+35.1%)
Feb 2026
$1.80
$1.92Miss (-6.1%)
Oct 2025
$2.26
$1.64Beat (+38.0%)

Next Earnings Report

Incyte Corporation is next expected to report earnings on 27 Oct 2026.

Profitability

55.7%
41.9%
27.7%
Gross
Margin
Operating
Margin
Net
Margin
Revenue Growth (YoY)37.7%
Return on Equity30.7%
Return on Assets16.8%

Balance Sheet

Cash & Equivalents$4.54B
Total Debt$40.00M
Net Position$4.50B (net cash)
Free Cash Flow (TTM)$1.18B
Debt / Equity0.60

Share Ownership

Institutions 103.5%
Insiders 1.8%
Institutional figure exceeds 100% due to short selling

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Frequently Asked Questions

What does Incyte Corporation (INCY) do?
Incyte Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics in the United States, Europe, Canada, and Japan. The company offers JAKAFI for the treatment of myelofibrosis (MF), polycythemia vera, and steroid-refractory acute graft-versus-host disease; ICLUSIG, a kinase inhibitor to treat chronic myeloid leukemia and Philadelphia-chro…
What is INCY's market cap?
Incyte Corporation has a market capitalization of approximately $25.11B.
What is INCY's P/E ratio?
Incyte Corporation trades at a trailing P/E ratio of 15.8x and a forward P/E of 13.9x, which is below the broad market average of ~25x.
How much revenue does INCY generate?
Incyte Corporation generated $5.82B in trailing 12-month revenue.
What do analysts say about INCY?
The analyst consensus rating for Incyte Corporation is buy, with a mean price target of $127.74. That implies +3.1% upside from the current price.
When does INCY report earnings?
Incyte Corporation is next scheduled to report earnings on 27 Oct 2026.
Does INCY pay a dividend?
Incyte Corporation does not currently pay a regular dividend.

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