Incyte Corporation
INCY Healthcare Biotechnology
Incyte Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.1 billion, up 21.2% from fiscal 2024. In the quarter to June 2026, revenue grew 37.7%, EPS grew 39.7%, free cash flow grew 1,829.5% and total debt fell 10.5%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years.
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Incyte Corporation (INCY) Debt to equity
Incyte Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.0×, down 0.0× from fiscal 2025 (0.0×). Over the past ten years it has ranged from 0.0× (fiscal 2023) to 3.6× (fiscal 2015); the current reading is higher than 18% of that period. That is above the Biotechnology industry median of 0.0× and above the Healthcare sector median of 0.0×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.0× | (40.21%) |
| FY2024 | 0.0× | 73.21% |
| FY2023 | 0.0× | (18.84%) |
| FY2022 | 0.0× | (17.86%) |
| FY2021 | 0.0× | (32.80%) |
| FY2020 | 0.0× | (35.23%) |
| FY2019 | 0.0× | 112.09% |
| FY2018 | 0.0× | (38.10%) |
| FY2017 | 0.0× | (99.05%) |
| FY2016 | 1.6× | (57.12%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 0.0× | (13.46%) |
| Mar 2026 | 0.0× | (10.34%) |
| Dec 2025 | 0.0× | (12.12%) |
| Sep 2025 | 0.0× | (13.16%) |
| 42 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| EXEL Exelixis, Inc. compare | 0.0× |
| ROIV Roivant Sciences Ltd. compare | 0.0× |
| INCY Incyte Corporation | 0.0× |
| BNTX BioNTech SE Sponsored ADR compare | 0.0× |
| ASND Ascendis Pharma A/S compare | 0.3× |
| INSM Insmed, Inc. compare | 0.7× |
| ALNY Alnylam Pharmaceuticals, Inc. compare | 0.7× |
| GMAB Genmab A/S Sponsored ADR compare | 0.9× |
| RPRX Royalty Pharma PLC compare | 0.9× |
| Biotechnology industry median | 0.0× |
| Healthcare sector median | 0.0× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on INCY
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
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- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
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- EV/EBITDA
- EV/Sales
- EV/FCF
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- Return on assets
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