Incyte (INCY) Tax Rate (2010 - 2026)

Incyte (INCY) posted Tax Rate of 11.72% for Q1 2026, down 49.59% on a QoQ basis from 23.25% in Q4 2025, and down 2073.0% year-over-year from 0.59% in Q1 2025.

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

Incyte's Tax Rate history runs 16 years deep, the most recent figure standing at 11.72% for Q1 2026.

  • Quarterly Tax Rate fell 2073.0% year-over-year to 11.72% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.28% (down 7396.0% YoY) and the FY2025 annual result came in at 22.7%, down 6700.0% from the prior year.
  • Tax Rate was 11.72% for Q1 2026 at Incyte, down from 23.25% in the prior quarter.
  • Across five years, Tax Rate topped out at 64.7% in Q4 2022 and bottomed at 14.07% in Q2 2024.
  • A 5-year average of 28.87% and a median of 27.42% in 2025 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate soared 43450 bps — and 2024, when it sank 4074 bps.
  • Incyte's Tax Rate stood at 64.7% in 2022, then tumbled by 60 bps to 25.79% in 2023, then jumped by 39 bps to 35.86% in 2024, then plunged by 35 bps to 23.25% in 2025, then sank by 50 bps to 11.72% in 2026.
  • Business Quant data shows INCY's Tax Rate at 11.72% in Q1 2026, 23.25% in Q4 2025, and 12.05% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -0.34
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 5.61
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 12.29
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 17.68
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 12.51
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -13.70
9 Revolution Medicines 37.37 Bn 37.37 Bn - -
10 Incyte 23.47 Bn 19.46 Bn 1.17 Bn 11.72

Historic Data

Download Data
DateValue
Mar 31, 2026 11.72
Mar 31, 2026 11.72
Mar 31, 2026 11.72
Dec 31, 2025 23.25
Dec 31, 2025 23.25
Dec 31, 2025 23.25
Sep 30, 2025 12.05
Sep 30, 2025 12.05
Sep 30, 2025 12.05
Jun 30, 2025 27.42
Jun 30, 2025 27.42
Jun 30, 2025 27.42
Mar 31, 2025 32.45
Mar 31, 2025 32.45
Mar 31, 2025 32.45
Dec 31, 2024 35.86
Dec 31, 2024 35.86
Dec 31, 2024 35.86
Sep 30, 2024 31.99
Sep 30, 2024 31.99