Incyte (INCY) Cost of Revenue (2010 - 2026)

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

Incyte (INCY) Cost of Revenue (2010 - 2026) Analysis & Trends

Incyte has reported Cost of Revenue for 17 years, with the latest figure at $104.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 42.81% year-over-year to $104.5 million; the trailing twelve-month figure through Mar 2026 stood at $403.5 million (up 24.41% YoY), and the FY2025 full-year result was $372.1 million, up 19.25% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $104.5 million, down from $121.2 million in the prior quarter.
  • The five-year high for Cost of Revenue was $121.2 million in Q4 2025, with the low at $42.6 million in Q1 2022.
  • Historically, Cost of Revenue has averaged $73.6 million across 5 years, with a median of $69.8 million in 2023.
  • Annual changes were most pronounced in 2022 — Cost of Revenue surged 45.84% — and 2025, when it increased 2.78%.
  • Incyte's Cost of Revenue stood at $59.2 million in 2022, then grew by 17.9% to $69.8 million in 2023, then gained by 26.86% to $88.5 million in 2024, then jumped by 36.94% to $121.2 million in 2025, then dropped by 13.74% to $104.5 million in 2026.
  • The last three Cost of Revenue figures came in at $104.5 million (Q1 2026), $121.2 million (Q4 2025), and $99.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 64.20 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 48,670.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 392.80 Mn
9 Abivax 91.96 Bn 91.96 Bn - 2.05 Mn
10 Incyte 19.62 Bn 15.60 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