Incyte (INCY) Cost of Revenue (2012 - 2026)

Incyte (INCY) posted Cost of Revenue of $104.5 million for Q1 2026, down 13.74% on a QoQ basis from $121.2 million in Q4 2025, and up 42.81% year-over-year from $73.2 million in Q1 2025.

Incyte (INCY) Cost of Revenue (2012 - 2026) Analysis & Trends

Incyte's Cost of Revenue history runs 15 years deep, the most recent figure standing at $104.5 million for Q1 2026.

  • Quarterly Cost of Revenue rose 42.81% year-over-year to $104.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $403.5 million (up 24.41% YoY) and the FY2025 annual result came in at $372.1 million, up 19.25% from the prior year.
  • Cost of Revenue was $104.5 million for Q1 2026 at Incyte, down from $121.2 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $121.2 million in Q4 2025 and bottomed at $42.6 million in Q1 2022.
  • A 5-year average of $73.6 million and a median of $69.8 million in 2023 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2022 — Cost of Revenue surged 45.84% — and 2025, when it advanced 2.78%.
  • Incyte's Cost of Revenue stood at $59.2 million in 2022, then rose by 17.9% to $69.8 million in 2023, then climbed by 26.86% to $88.5 million in 2024, then soared by 36.94% to $121.2 million in 2025, then fell by 13.74% to $104.5 million in 2026.
  • Business Quant data shows INCY's Cost of Revenue at $104.5 million in Q1 2026, $121.2 million in Q4 2025, and $99.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Oculis Holding AG 66,621.14 Bn 66,620.85 Bn - -
2 Nanobiotix 1,915.18 Bn 1,915.11 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -
4 BeOne Medicines 471.27 Bn 466.48 Bn 1.35 Bn 167.22 Mn
5 Vertex Pharmaceuticals 121.81 Bn 114.57 Bn 2.59 Bn 392.80 Mn
6 Regeneron Pharmaceuticals 69.58 Bn 60.82 Bn 3.31 Bn 296.00 Mn
7 Belite Bio 62.72 Bn 62.72 Bn - -
8 Argenx Se 55.51 Bn 50.33 Bn 1.41 Bn 145.00 Mn
9 Revolution Medicines 37.35 Bn 37.35 Bn - -
10 Incyte 23.64 Bn 19.62 Bn 1.17 Bn 104.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 104.52 Mn
Mar 31, 2026 104.52 Mn
Dec 31, 2025 121.18 Mn
Dec 31, 2025 121.18 Mn
Sep 30, 2025 99.00 Mn
Sep 30, 2025 99.00 Mn
Jun 30, 2025 78.77 Mn
Jun 30, 2025 78.77 Mn
Mar 31, 2025 73.19 Mn
Mar 31, 2025 73.19 Mn
Dec 31, 2024 88.49 Mn
Dec 31, 2024 88.49 Mn
Sep 30, 2024 85.99 Mn
Sep 30, 2024 85.99 Mn
Jun 30, 2024 76.63 Mn
Jun 30, 2024 76.63 Mn
Mar 31, 2024 60.96 Mn
Mar 31, 2024 60.96 Mn
Dec 31, 2023 69.75 Mn
Dec 31, 2023 69.75 Mn