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| Date | Value |
|---|---|
| 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 |