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.

113.25 0.18 +0.16%
Market cap
$23.0B
P/E
13.9×
Fwd P/E
58.4×
Dividend yield
—
F-score
9/9
Altman Z
8.57
Beneish M
−2.43
Dividend safety
n/a

Incyte Corporation (INCY) Total debt

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Incyte Corporation's total debt at the end of fiscal 2025 was $30.2M, down 9.97% from $33.5M in fiscal 2024. At the end of the quarter to 30 June 2026 it was $28.4M. Over the past ten years it has ranged from $17.4M (fiscal 2018) to $651.5M (fiscal 2016); the current reading is higher than 45% of that period. Incyte Corporation ranks 175th of 593 Biotechnology companies by total debt.

Total debt, annual

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Annual newest first

Period Total debt Change
FY2025 $30.2M (9.97%)
FY2024 $33.5M 15.02%
FY2023 $29.2M (3.06%)
FY2022 $30.1M (4.90%)
FY2021 $31.6M (2.89%)
FY2020 $32.6M (35.14%)
FY2019 $50.2M 188.05%
FY2018 $17.4M (27.36%)
FY2017 $24.0M (96.32%)
FY2016 $651.5M 5.10%

Quarterly newest first

Period Total debt Change
Jun 2026 $28.4M (3.38%)
Mar 2026 $29.4M (2.60%)
Dec 2025 $30.2M (2.21%)
Sep 2025 $30.9M (2.77%)
42 more quarters

Against its own ten years

Low $17.4M High $651.5M
Ten-year median $31.6M
Current reading's percentile 45

Total debt against peers

What Total debt is

Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.

Long Term Debt (Total) + Current Part of Debt

The full definition of Total debt →

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