Incyte INCY
NASDAQ INCY
$126.75 -1.25 (-0.98%)
As of: Sep 4, 2026 · 3:59 PM EDT

Incyte (INCY) EBITDA Margin (2010 - 2026)

Incyte's (INCY) quarterly EBITDA Margin came in at 41.69% in Q2 2026, down 194.0% YoY from 44.35% in Q2 2025, and up 76.2% on a QoQ basis from 23.66% in Q1 2026.

Analysis

Incyte (INCY) EBITDA Margin (2010 - 2026) Analysis & Trends

Incyte (INCY) has 17 years of EBITDA Margin data on file, last reported at 41.69% in Q2 2026.

  • Quarterly EBITDA Margin fell 194.0% year-over-year to 41.69% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 30.56% (up 476.0% YoY) and the FY2025 annual result came in at 29.46%, up 2802.0% from the prior year.
  • EBITDA Margin advanced to 41.69% in Q2 2026, from 23.66% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 43.63% in Q2 2025 to a low of 45.81% in Q2 2024.
  • A 5-year average of 17.76% and a median of 19.89% in 2023 frame the typical range for EBITDA Margin.
  • Annual changes were most pronounced in 2024 — EBITDA Margin tumbled 6611 bps — and 2025, when it surged 8944 bps.
  • Tracing INCY's EBITDA Margin over 5 years: stood at 7.56% in 2022, then soared by 144 bps to 18.48% in 2023, then surged by 38 bps to 25.58% in 2024, then declined by 13 bps to 22.29% in 2025, then surged by 87 bps to 41.69% in 2026.
  • The last three EBITDA Margin figures came in at 41.69% (Q2 2026), 23.66% (Q1 2026), and 22.29% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 37.40%
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 30.15%
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn 32.54%
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn -562.07%
5 Revolution Medicines 44.33 Bn 44.33 Bn - -
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 19.06%
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn 17.93%
8 Royalty Pharma 28.45 Bn 27.61 Bn - 19.75%
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn -0.36%
10 Incyte 25.44 Bn 20.91 Bn 1.57 Bn 41.69%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 41.69%
Mar 31, 2026 23.66%
Dec 31, 2025 22.29%
Sep 30, 2025 32.47%
Jun 30, 2025 43.63%
Mar 31, 2025 19.49%
Dec 31, 2024 25.58%
Sep 30, 2024 12.84%
Jun 30, 2024 -45.81%
Mar 31, 2024 10.43%
Dec 31, 2023 18.48%
Sep 30, 2023 23.36%
Jun 30, 2023 20.30%
Mar 31, 2023 3.06%
Dec 31, 2022 7.56%
Sep 30, 2022 16.81%
Jun 30, 2022 27.92%
Mar 31, 2022 15.89%
Dec 31, 2021 12.83%
Sep 30, 2021 28.96%