Incyte (INCY) Tax Provisions (2010 - 2026)

Incyte (INCY) reported Tax Provisions of $40.3 million for Q1 2026, down 47.0% on a YoY basis from $76.0 million in Q1 2025, and down 55.58% quarter-over-quarter from $90.7 million in Q4 2025.

Incyte (INCY) Tax Provisions (2010 - 2026) Analysis & Trends

Incyte has reported Tax Provisions for 16 years, with the latest figure at $40.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 47.0% year-over-year to $40.3 million; the trailing twelve-month figure through Mar 2026 stood at $342.1 million (up 16.6% YoY), and the FY2025 full-year result was $377.8 million, up 33.02% from the prior year.
  • Tax Provisions for Q1 2026 stood at $40.3 million, down from $90.7 million in the prior quarter.
  • The five-year high for Tax Provisions was $153.0 million in Q2 2025, with the low at $30.2 million in Q1 2023.
  • Historically, Tax Provisions has averaged $66.3 million across 5 years, with a median of $62.5 million in 2023.
  • Annual changes were most pronounced in 2022 — Tax Provisions jumped 206.38% — and 2026, when it tumbled 47.0%.
  • Incyte's Tax Provisions stood at $52.2 million in 2022, then surged by 33.98% to $69.9 million in 2023, then soared by 61.01% to $112.5 million in 2024, then retreated by 19.42% to $90.7 million in 2025, then tumbled by 55.58% to $40.3 million in 2026.
  • The last three Tax Provisions figures came in at $40.3 million (Q1 2026), $90.7 million (Q4 2025), and $58.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -11.20 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - 216,000.00
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -859,000.00
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 221.50 Mn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Incyte 19.62 Bn 15.60 Bn 1.17 Bn 40.27 Mn

Historic Data

Download Data
DateValue
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 -443.83 Mn
Sep 30, 2021 27.70 Mn
Jun 30, 2021 22.18 Mn