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
DateValue
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