INCYTE CORP
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $5.1B | $4.2B | $3.7B | $3.4B | $3.0B |
| Operating income | $1.5B | $61.4M | $620.5M | $579.4M | $585.8M |
| Cost of revenue | $372.1M | $312.1M | $255.0M | $207.0M | $151.0M |
| Cash from operations | $1.4B | $335.3M | $496.5M | $969.9M | $749.5M |
| Capital expenditure | $4.9M | $2.6M | $5.1M | $77.8M | $181.0M |
| Free cash flow | $1.4B | $332.7M | $491.4M | $892.1M | $568.5M |
| Share repurchases | $0 | $2.0B | $0 | $0 | — |
| Impairments | $76.3M | $0 | $5.6M | — | — |
| Total assets | $7.0B | $5.4B | $6.8B | $5.8B | $4.9B |
| Total liabilities | $1.8B | $2.0B | $1.6B | $1.5B | $1.2B |
Shares outstanding 199.8M · Free float 68.3%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.