Incyte Corporation
INCYIncyte Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.1 billion, up 21.2% from fiscal 2024.
- Revenue
- +14.0%
- EPS
- −277.9%
- Free cash flow
- −233.0%
- Total debt
- −10.5%
Quarter to September 2026, against a year earlier
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Incyte Corporation (INCY) Free cash flow
Incyte Corporation's free cash flow for fiscal 2025 was $1.3B, up 465.4% from $235.2M in fiscal 2024. Over the twelve months to 30 September 2026 it was $679.9M. Over the past ten years it has ranged from −$312.0M (fiscal 2020) to $1.3B (fiscal 2025) — the current reading is the highest in ten years. Incyte Corporation ranks 9th of 603 Biotechnology companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $1.3B | 465.38% |
| FY2024 | $235.2M | (47.62%) |
| FY2023 | $449.0M | (49.67%) |
| FY2022 | $892.1M | 56.93% |
| FY2021 | $568.5M | — |
| FY2020 | −$312.0M | — |
| FY2019 | $632.6M | 140.76% |
| FY2018 | $262.7M | — |
| FY2017 | −$204.0M | — |
| FY2016 | $184.5M | 190.95% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | −$691.0M | — |
| Jun 2026 | $495.2M | 39.84% |
| Mar 2026 | $354.2M | (32.08%) |
| Dec 2025 | $521.4M | 0.34% |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| JAZZ Jazz Pharmaceuticals PLC compare | $1.5B |
| EXEL Exelixis, Inc. compare | $1.1B |
| ALNY Alnylam Pharmaceuticals, Inc. compare | $806.3M |
| INCY Incyte Corporation | $679.9M |
| ASND Ascendis Pharma A/S compare | $387.5M |
| ROIV Roivant Sciences Ltd. compare | −$33.3M |
| BNTX BioNTech SE Sponsored ADR compare | −$524.1M |
| INSM Insmed, Inc. compare | −$627.6M |
| GMAB Genmab A/S Sponsored ADR compare | −$6.4B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
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- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
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- Current ratio
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