Incyte (INCY) Tax Provisions (2010 - 2026)
Incyte (INCY) recorded Tax Provisions of $165.91 million in Q2 2026, up 8.4% from $153.01 million a year earlier and up 312.0% from the prior quarter.
Incyte (INCY) Tax Provisions (2010 - 2026) Analysis & Trends
On a TTM basis, Incyte's Tax Provisions came in at $354.98 million as of Jun 30, 2026, down 9.3% year-over-year; for FY2025, it was $377.8 million, up 33.0% from FY2024.
- Annual Tax Provisions has increased for three straight years, with a five-year compound annual growth rate of 42.9% (FY2020 to FY2025).
- Across earlier years, Tax Provisions came in at $284.02 million in FY2024 (+20.0%), $236.62 million in FY2023 (+25.6%), $188.46 million in FY2022 and -$378.14 million in FY2021.
- The Q2 2026 figure is the highest quarterly Tax Provisions in data going back to Q1 2010.
- On a year-over-year basis, Tax Provisions rose in five of the last eight quarters, with growth averaging 24.0%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 206.1% in Q2 2022, against a decline of 47.0% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $40.27 million (Q1 2026), $90.66 million (Q4 2025) and $58.14 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 1.21 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 662.00 Mn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 654.00 Mn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | -1.01 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | -291.00 Mn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 393.00 Mn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 242.00 Mn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | -407.00 Mn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 292.00 Mn |
| 10 | Incyte | 24.39 Bn | 9.33 Bn | 1.57 Bn | 165.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 165.91 Mn |
| Mar 31, 2026 | 40.27 Mn |
| Dec 31, 2025 | 90.66 Mn |
| Sep 30, 2025 | 58.14 Mn |
| Jun 30, 2025 | 153.01 Mn |
| Mar 31, 2025 | 75.99 Mn |
| Dec 31, 2024 | 112.51 Mn |
| Sep 30, 2024 | 50.07 Mn |
| Jun 30, 2024 | 54.82 Mn |
| Mar 31, 2024 | 66.61 Mn |
| Dec 31, 2023 | 69.88 Mn |
| Sep 30, 2023 | 62.53 Mn |
| Jun 30, 2023 | 74.06 Mn |
| Mar 31, 2023 | 30.15 Mn |
| Dec 31, 2022 | 52.15 Mn |
| Sep 30, 2022 | 35.81 Mn |
| Jun 30, 2022 | 67.95 Mn |
| Mar 31, 2022 | 32.54 Mn |
| Dec 31, 2021 | -443.84 Mn |
| Sep 30, 2021 | 27.73 Mn |
Incyte Tax Provisions 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=tax-provisions&ticker=INCY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=INCY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();