Free Cash Flow for Incyte (INCY)
Free Cash Flow for Incyte (INCY): headline value $1.45B · YoY +443.9%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

INCY
Currently viewingFree Cash FlowSwitch metric
Latest period
$1.45B
YoY change
+443.9%
5Y CAGR
N/A
Peak year (2025)
$1.35B
Latest annual
$1.35B
Free Cash Flow history chart for Incyte (INCY) from 1993 to 2025
Free Cash Flow history table for Incyte (INCY) from 1993 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $1.35B | +443.9% | ||
| 2024 | $249.07M | -44.5% | ||
| 2023 | $449.00M | -49.7% | ||
| 2022 | $892.11M | +56.9% | ||
| 2021 | $568.48M | -282.2% | ||
| 2020 | -$311.98M | -149.3% | ||
| 2019 | $632.59M | +140.8% | ||
| 2018 | $262.74M | -228.8% | ||
| 2017 | -$204.01M | -210.6% | ||
| 2016 | $184.48M | +204.8% | ||
| 2015 | $60.53M | -3836.6% | ||
| 2014 | -$1.62M | -133.0% | ||
| 2013 | $4.91M | -105.0% | ||
| 2012 | -$97.67M | -41.0% | ||
| 2011 | -$165.51M | -276.4% | ||
| 2010 | $93.83M | +683.8% | ||
| 2009 | $11.97M | -108.5% | ||
| 2008 | -$141.56M | +50.8% | ||
| 2007 | -$93.85M | +80.7% | ||
| 2006 | -$51.94M | -49.8% | ||
| 2005 | -$103.50M | -10.8% | ||
| 2004 | -$116.06M | -9.4% | ||
| 2003 | -$128.07M | +82.6% | ||
| 2002 | -$70.16M | +17.1% | ||
| 2001 | -$59.92M | -42.2% | ||
| 2000 | -$103.72M | +84.6% | ||
| 1999 | -$56.20M | -3846.7% | ||
| 1998 | $1.50M | -120.3% | ||
| 1997 | -$7.40M | +76.2% | ||
| 1996 | -$4.20M | -75.1% | ||
| 1995 | -$16.90M | +89.9% | ||
| 1994 | -$8.90M | +85.4% | ||
| 1993 | -$4.80M | — |
Free Cash Flow values are taken from Incyte's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Incyte (INCY) free cash flow is $1.35B – surged 443.9% year-over-year.
Looking at the 2015–2025 (10 years) stretch, Incyte free cash flow compounded at +36.5% per year, with the latest reading among the more recent periods of the dataset.
The dataset's maximum free cash flow sits at $1.35B (2025); the minimum reading of -$311.98M dates to 2020.
Within Healthcare, Incyte (INCY) ranks 9th among 8 peers we track. The peer median for free cash flow is $14.22B.
Incyte Free Cash Flow by Year
Incyte Free Cash Flow 2025: $1.35B
Incyte free cash flow in 2025 was $1.35B, surged 443.9% from 2024. This figure represents the highest annual value in the available history.
Incyte Free Cash Flow 2024: $249.07M
Incyte free cash flow in 2024 was $249.07M, plunged 44.5% below 2023.
Incyte Free Cash Flow 2023: $449.00M
Incyte free cash flow in 2023 was $449.00M, plunged 49.7% below 2022.
Incyte Free Cash Flow 2022: $892.11M
Incyte free cash flow in 2022 was $892.11M, surged 56.9% from 2021.
Incyte Free Cash Flow 2021: $568.48M
Incyte free cash flow in 2021 was $568.48M.
See more financial history for Incyte (INCY).
Sector peers — Free Cash Flow
Companies in the same sector as Incyte, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $28.99B | Healthcare |
| Johnson & Johnson (JNJ) | $19.70B | Healthcare |
| AbbVie Inc. (ABBV) | $17.82B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $16.07B | Healthcare |
| Merck & Co., Inc. (MRK) | $12.36B | Healthcare |
| AstraZeneca PLC (AZN) | $11.77B | Healthcare |
| Eli Lilly and Company (LLY) | $8.97B | Healthcare |
| Amgen Inc. (AMGN) | $8.10B | Healthcare |
Frequently asked questions
What is Incyte's free cash flow?
Latest reported free cash flow for Incyte (INCY) is $1.45B (period ending March 31, 2026).
How has Incyte free cash flow changed year-over-year?
Incyte (INCY) free cash flow changed +443.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Incyte free cash flow?
Incyte (INCY) free cash flow compound annual growth rate is +36.5% over the most recent 10 years available.
When did Incyte free cash flow hit its highest annual value?
Incyte free cash flow reached its highest annual value of $1.35B in 2025.
What was Incyte free cash flow in 2024?
Incyte (INCY) free cash flow in 2024 was $249.07M.
What was Incyte free cash flow in 2025?
Incyte (INCY) free cash flow in 2025 was $1.35B.
Metrics overview
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