Growth Metrics

Incyte (INCY) Gross Margin (2016 - 2025)

Incyte (INCY) has disclosed Gross Margin for 16 consecutive years, with 91.96% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 53.0% year-over-year to 91.96%, compared with a TTM value of 92.76% through Dec 2025, up 12.0%, and an annual FY2025 reading of 92.76%, up 12.0% over the prior year.
  • Gross Margin was 91.96% for Q4 2025 at Incyte, down from 92.75% in the prior quarter.
  • Across five years, Gross Margin topped out at 95.17% in Q1 2021 and bottomed at 91.96% in Q4 2025.
  • Average Gross Margin over 5 years is 93.49%, with a median of 93.24% recorded in 2022.
  • The sharpest move saw Gross Margin tumbled -173bps in 2022, then skyrocketed 86bps in 2025.
  • Year by year, Gross Margin stood at 94.92% in 2021, then dropped by -1bps to 93.62% in 2022, then dropped by -1bps to 93.12% in 2023, then fell by -1bps to 92.49% in 2024, then decreased by -1bps to 91.96% in 2025.
  • Business Quant data shows Gross Margin for INCY at 91.96% in Q4 2025, 92.75% in Q3 2025, and 93.52% in Q2 2025.