Growth Metrics

Incyte (INCY) Free Cash Flow (2010 - 2026)

Incyte posted quarterly Free Cash Flow of $359.2 million for Q1 2026, up 36.61% year-on-year from $262.9 million in Q1 2025, and down 26.49% on a QoQ basis from $488.6 million in Q4 2025.

Incyte (INCY) has 17 years of Free Cash Flow data on file, last reported at $359.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 36.61% year-over-year to $359.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.5 billion (up 284.64% YoY), and the FY2025 full-year result was $1.4 billion, up 307.11% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $359.2 million, down from $488.6 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $559.3 million in Q3 2025 and bottomed at -$576.0 million in Q2 2024.
  • The 5-year median for Free Cash Flow is $262.9 million (2025), against an average of $204.5 million.
  • Peak annual rise in Free Cash Flow reached 285.88% in 2024, while the deepest fall reached 292.51% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at $336.7 million in 2022, then plunged by 65.77% to $115.3 million in 2023, then soared by 231.58% to $382.2 million in 2024, then climbed by 27.85% to $488.6 million in 2025, then retreated by 26.49% to $359.2 million in 2026.
  • The last three Free Cash Flow figures came in at $359.2 million (Q1 2026), $488.6 million (Q4 2025), and $559.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Quantum Biopharma 1,216,509.61 Bn 1,216,509.61 Bn - -1.67 Mn
2 Alterity Therapeutics 764,224.41 Bn 764,224.38 Bn - -
3 Legend Biotech 2,716.00 Bn 2,715.71 Bn 242.10 Mn -12.20 Mn
4 Nanobiotix 2,248.83 Bn 2,248.77 Bn - -
5 Akari Therapeutics 1,951.18 Bn 1,951.17 Bn - -2.49 Mn
6 Vertex Pharmaceuticals 113.69 Bn 106.44 Bn 2.59 Bn 1.29 Bn
7 Evaxion A 64.16 Bn 64.14 Bn - -
8 Regeneron Pharmaceuticals 63.94 Bn 55.18 Bn 3.31 Bn 848.30 Mn
9 Alnylam Pharmaceuticals 40.13 Bn 37.12 Bn 959.66 Mn 48.67 Mn
10 Incyte 19.28 Bn 15.27 Bn 1.17 Bn 359.15 Mn

Historic Data

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DateValue
Mar 31, 2026 359.15 Mn
Mar 31, 2026 359.15 Mn
Dec 31, 2025 488.59 Mn
Dec 31, 2025 488.59 Mn
Sep 30, 2025 559.28 Mn
Sep 30, 2025 559.28 Mn
Jun 30, 2025 43.86 Mn
Jun 30, 2025 43.86 Mn
Mar 31, 2025 262.90 Mn
Mar 31, 2025 262.90 Mn
Dec 31, 2024 382.16 Mn
Dec 31, 2024 382.16 Mn
Sep 30, 2024 308.13 Mn
Sep 30, 2024 308.13 Mn
Jun 30, 2024 -575.98 Mn
Jun 30, 2024 -575.98 Mn
Mar 31, 2024 218.43 Mn
Mar 31, 2024 218.43 Mn
Dec 31, 2023 115.25 Mn
Dec 31, 2023 115.25 Mn
Sep 30, 2023 167.07 Mn
Sep 30, 2023 167.07 Mn
Jun 30, 2023 299.19 Mn
Jun 30, 2023 299.19 Mn
Mar 31, 2023 -117.51 Mn
Mar 31, 2023 -117.51 Mn
Dec 31, 2022 336.73 Mn
Dec 31, 2022 336.73 Mn
Sep 30, 2022 268.57 Mn
Sep 30, 2022 268.57 Mn
Jun 30, 2022 161.17 Mn
Jun 30, 2022 161.17 Mn
Mar 31, 2022 199.98 Mn
Mar 31, 2022 199.98 Mn
Dec 31, 2021 234.80 Mn
Dec 31, 2021 234.80 Mn
Sep 30, 2021 222.95 Mn
Sep 30, 2021 222.95 Mn
Jun 30, 2021 79.82 Mn
Jun 30, 2021 79.82 Mn
Mar 31, 2021 184.83 Mn
Mar 31, 2021 184.83 Mn
Dec 31, 2020 97.35 Mn
Dec 31, 2020 97.35 Mn
Sep 30, 2020 184.10 Mn
Sep 30, 2020 184.10 Mn
Jun 30, 2020 293.83 Mn
Jun 30, 2020 293.83 Mn
Mar 31, 2020 -722.68 Mn
Mar 31, 2020 -722.68 Mn
Dec 31, 2019 167.64 Mn
Dec 31, 2019 167.64 Mn
Sep 30, 2019 287.23 Mn
Sep 30, 2019 287.23 Mn
Jun 30, 2019 105.67 Mn
Jun 30, 2019 105.67 Mn
Mar 31, 2019 137.40 Mn
Mar 31, 2019 137.40 Mn
Dec 31, 2018 124.37 Mn
Dec 31, 2018 124.37 Mn
Sep 30, 2018 174.33 Mn
Sep 30, 2018 174.33 Mn
Jun 30, 2018 21.61 Mn
Jun 30, 2018 21.61 Mn
Mar 31, 2018 8.25 Mn
Mar 31, 2018 8.25 Mn
Dec 31, 2017 -189.51 Mn
Dec 31, 2017 -189.51 Mn
Sep 30, 2017 93.82 Mn
Sep 30, 2017 93.82 Mn
Jun 30, 2017 86.30 Mn
Jun 30, 2017 86.30 Mn
Mar 31, 2017 -194.61 Mn
Mar 31, 2017 -194.61 Mn
Dec 31, 2016 90.38 Mn
Dec 31, 2016 90.38 Mn
Sep 30, 2016 176.06 Mn
Sep 30, 2016 176.06 Mn
Jun 30, 2016 -64.64 Mn
Jun 30, 2016 -64.64 Mn
Mar 31, 2016 91.97 Mn
Mar 31, 2016 91.97 Mn
Dec 31, 2015 65.99 Mn
Dec 31, 2015 65.99 Mn
Sep 30, 2015 -5.64 Mn
Sep 30, 2015 -5.64 Mn
Jun 30, 2015 11.19 Mn
Jun 30, 2015 11.19 Mn
Mar 31, 2015 -8.14 Mn
Mar 31, 2015 -8.14 Mn
Dec 31, 2014 43.66 Mn
Dec 31, 2014 43.66 Mn
Sep 30, 2014 12.33 Mn
Sep 30, 2014 12.33 Mn
Jun 30, 2014 -23.26 Mn
Jun 30, 2014 -23.26 Mn
Mar 31, 2014 -34.36 Mn
Mar 31, 2014 -34.36 Mn
Dec 31, 2013 -28.73 Mn
Dec 31, 2013 -28.73 Mn
Sep 30, 2013 -12.74 Mn
Sep 30, 2013 -12.74 Mn
Jun 30, 2013 7.53 Mn
Jun 30, 2013 7.53 Mn
Mar 31, 2013 23.84 Mn
Mar 31, 2013 23.84 Mn
Dec 31, 2012 -22.94 Mn
Dec 31, 2012 -22.94 Mn
Sep 30, 2012 -27.55 Mn
Sep 30, 2012 -27.55 Mn
Jun 30, 2012 7.72 Mn
Jun 30, 2012 7.72 Mn
Mar 31, 2012 -54.90 Mn
Mar 31, 2012 -54.90 Mn
Dec 31, 2011 -40.77 Mn
Dec 31, 2011 -40.77 Mn
Sep 30, 2011 -48.16 Mn
Sep 30, 2011 -48.16 Mn
Jun 30, 2011 -31.81 Mn
Jun 30, 2011 -31.81 Mn
Mar 31, 2011 -44.77 Mn
Mar 31, 2011 -44.77 Mn
Dec 31, 2010 24.66 Mn
Dec 31, 2010 24.66 Mn
Sep 30, 2010 -29.99 Mn
Sep 30, 2010 -29.99 Mn
Jun 30, 2010 -3.36 Mn
Jun 30, 2010 -3.36 Mn
Mar 31, 2010 102.52 Mn
Mar 31, 2010 102.52 Mn