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What changed in Incyte Corporation's latest annual report

In the year ended 31 Dec 2025, Incyte Corporation's revenue rose 21.2% to USD 5.14bn, from USD 4.24bn; net income rose 3845% to USD 1.29bn, from USD 32.62m; cash and cash equivalents rose 83.5% to USD 3.10bn, from USD 1.69bn.

Year ended 31 Dec 2025. Source: 10-K filed 10 Feb 2026, read it on SEC EDGAR.

USD 4.24bn to USD 5.14bn

Revenue, up 21.2% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue4.24bn5.14bnUp 21.2%
Net income32.62m1.29bnUp 3845%
Total assets5.44bn6.96bnUp 27.8%
Total liabilities2.00bn1.79bnDown 10.3%
Cash and cash equivalents1.69bn3.10bnUp 83.5%
Shareholders' equity3.45bn5.17bnUp 49.9%

Questions people ask

Did Incyte Corporation's revenue grow last year?

Revenue grew 21.2%, from USD 4.24bn to USD 5.14bn in the year ended 31 Dec 2025.

Is Incyte Corporation profitable?

Yes. Net income was USD 1.29bn in the year ended 31 Dec 2025. The year before: USD 32.62m.

How much cash and debt does Incyte Corporation have?

At its latest year end (31 Dec 2025), Incyte Corporation reported cash and cash equivalents of USD 3.10bn.

Where do these numbers come from?

From Incyte Corporation's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Incyte Corporation (INCY) 10-K: what changed year on year | LYNORIQ Insights