Incyte (INCY) Invested Capital (2012 - 2026)
Incyte (INCY) posted Invested Capital of $39.4 million for Q1 2026, up 13.45% on a QoQ basis from $34.7 million in Q4 2025, and down 5.59% year-over-year from $41.7 million in Q1 2025.
Incyte (INCY) Invested Capital (2012 - 2026) Analysis & Trends
Incyte's Invested Capital history runs 14 years deep, the most recent figure standing at $39.4 million for Q1 2026.
- Quarterly Invested Capital fell 5.59% year-over-year to $39.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $166.6 million (up 5.98% YoY) and the FY2025 annual result came in at $34.7 million, down 8.55% from the prior year.
- Invested Capital was $39.4 million for Q1 2026 at Incyte, up from $34.7 million in the prior quarter.
- Across five years, Invested Capital topped out at $46.8 million in Q2 2025 and bottomed at $32.6 million in Q4 2023.
- A 5-year average of $38.1 million and a median of $37.2 million in 2023 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2022 — Invested Capital dropped 10.55% — and 2025, when it increased 26.07%.
- Incyte's Invested Capital stood at $33.3 million in 2022, then fell by 1.99% to $32.6 million in 2023, then increased by 16.44% to $38.0 million in 2024, then fell by 8.55% to $34.7 million in 2025, then rose by 13.45% to $39.4 million in 2026.
- Business Quant data shows INCY's Invested Capital at $39.4 million in Q1 2026, $34.7 million in Q4 2025, and $45.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | 110.96 Mn |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 116.14 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | - |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | - |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Incyte | 23.33 Bn | 19.32 Bn | 1.17 Bn | 39.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.38 Mn |
| Dec 31, 2025 | 34.72 Mn |
| Sep 30, 2025 | 45.62 Mn |
| Jun 30, 2025 | 46.84 Mn |
| Mar 31, 2025 | 41.72 Mn |
| Dec 31, 2024 | 37.96 Mn |
| Sep 30, 2024 | 40.34 Mn |
| Jun 30, 2024 | 37.16 Mn |
| Mar 31, 2024 | 37.16 Mn |
| Dec 31, 2023 | 32.60 Mn |
| Sep 30, 2023 | 36.82 Mn |
| Jun 30, 2023 | 37.51 Mn |
| Mar 31, 2023 | 37.17 Mn |
| Dec 31, 2022 | 33.26 Mn |
| Sep 30, 2022 | 34.19 Mn |
| Jun 30, 2022 | 36.92 Mn |
| Mar 31, 2022 | 37.87 Mn |
| Dec 31, 2021 | 37.01 Mn |
| Sep 30, 2021 | 38.22 Mn |
| Jun 30, 2021 | 39.99 Mn |