Incyte's Research & Development fell 1161.78% to $506.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.9 billion, marking a year-over-year decrease of 2632.16%. This contributed to the annual value of $2.6 billion for FY2024, which is 6016.57% up from last year.
As of Q3 2025, Incyte's Research & Development stood at $506.6 million, which was down 1161.78% from $494.9 million recorded in Q2 2025.
Over the past 5 years, Incyte's Research & Development peaked at $1.1 billion during Q2 2024, and registered a low of $306.9 million during Q1 2021.
In the last 5 years, Incyte's Research & Development had a median value of $429.3 million in 2024 and averaged $458.8 million.
Per our database at Business Quant, Incyte's Research & Development tumbled by 7172.21% in 2021 and then skyrocketed by 18406.24% in 2024.
Quarter analysis of 5 years shows Incyte's Research & Development stood at $472.8 million in 2021, then grew by 6.03% to $501.4 million in 2022, then fell by 11.34% to $444.5 million in 2023, then rose by 4.85% to $466.0 million in 2024, then grew by 8.7% to $506.6 million in 2025.
Its Research & Development stands at $506.6 million for Q3 2025, versus $494.9 million for Q2 2025 and $437.3 million for Q1 2025.

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