Incyte (INCY) Net Cash Flow (2010 - 2026)
Incyte's Net Cash Flow was $521.33 million in Q2 2026, compared with $14.62 million a year earlier and up 42.5% from the prior quarter.
Incyte (INCY) Net Cash Flow (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Incyte's Net Cash Flow was $2.03 billion through Jun 30, 2026, up 110.1% year-over-year; for FY2025, it was $1.41 billion.
- In earlier years, Net Cash Flow was -$1.53 billion in FY2024, $268.78 million in FY2023 (-69.8%), $890.61 million in FY2022 (+62.5%) and $547.97 million in FY2021.
- Quarterly Net Cash Flow has moved between -$2.36 billion (Q2 2024) and $643.62 million (Q4 2025) over five years.
- The best year-over-year quarter for Net Cash Flow over five years was Q4 2022 (growth of 346.4%); the worst was Q3 2023 (a decline of 63.2%).
- Per Business Quant data, INCY's Net Cash Flow in the three quarters before Q2 2026 was $365.97 million (Q1 2026), $643.62 million (Q4 2025) and $499.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | -1.27 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | -2.82 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 1.53 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 757.00 Mn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 1.62 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 1.95 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | -4.43 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | -722.00 Mn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 652.90 Mn |
| 10 | Incyte | 24.39 Bn | 9.33 Bn | 1.57 Bn | 521.33 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 521.33 Mn |
| Mar 31, 2026 | 365.97 Mn |
| Dec 31, 2025 | 643.62 Mn |
| Sep 30, 2025 | 499.20 Mn |
| Jun 30, 2025 | 14.62 Mn |
| Mar 31, 2025 | 254.49 Mn |
| Dec 31, 2024 | 380.15 Mn |
| Sep 30, 2024 | 316.79 Mn |
| Jun 30, 2024 | -2.36 Bn |
| Mar 31, 2024 | 133.29 Mn |
| Dec 31, 2023 | -6.43 Mn |
| Sep 30, 2023 | 93.39 Mn |
| Jun 30, 2023 | 311.97 Mn |
| Mar 31, 2023 | -130.15 Mn |
| Dec 31, 2022 | 260.27 Mn |
| Sep 30, 2022 | 253.67 Mn |
| Jun 30, 2022 | 177.58 Mn |
| Mar 31, 2022 | 199.09 Mn |
| Dec 31, 2021 | 58.31 Mn |
| Sep 30, 2021 | 203.00 Mn |
Incyte Net Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-cash-flow&ticker=INCY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "ticker": "INCY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-cash-flow&ticker=INCY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();