Incyte's Research & Development rose 3118.61% to $611.4 million in Q4 2025 from the same period last year, while for Dec 2025 it was $2.1 billion, marking a year-over-year decrease of 2135.51%. This contributed to the annual value of $2.1 billion for FY2025, which is 2135.51% down from last year.
Latest data reveals that Incyte reported Research & Development of $611.4 million as of Q4 2025, which was up 3118.61% from $506.6 million recorded in Q3 2025.
In the past 5 years, Incyte's Research & Development registered a high of $1.1 billion during Q2 2024, and its lowest value of $306.9 million during Q1 2021.
Over the past 5 years, Incyte's median Research & Development value was $433.3 million (recorded in 2024), while the average stood at $466.4 million.
In the last 5 years, Incyte's Research & Development tumbled by 7172.21% in 2021 and then skyrocketed by 18406.24% in 2024.
Incyte's Research & Development (Quarter) 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 surged by 31.19% to $611.4 million in 2025.
Its Research & Development stands at $611.4 million for Q4 2025, versus $506.6 million for Q3 2025 and $494.9 million for Q2 2025.

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