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Operating Income for Incyte (INCY)

According to Incyte's latest reported financial statements, the company's current operating income (TTM) is $1.44B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

Incyte Corporation logo
Incyte

INCY

TTM (last 4 quarters)

$1.44B

YoY change

+1575.4%

5Y CAGR

N/A

Peak year (2025)

$1.34B

Cumulative operating income

$2.41B

Operating Income history chart for Incyte (INCY) from 1993 to 2025

Operating Income history table for Incyte (INCY) from 1993 to 2025

Fiscal yearPeriod endedReportedOperating IncomeYoY
2025$1.34B+1575.4%
2024$80.14M-87.7%
2023$651.77M+8.7%
2022$599.56M-6.0%
2021$637.54M-365.3%
2020-$240.29M-157.0%
2019$421.69M+171.4%
2018$155.40M-165.9%
2017-$235.68M-243.7%
2016$164.02M+223.8%
2015$50.65M-1154.4%
2014-$4.80M-70.2%
2013-$16.10M-1502.6%
2012$1.15M-100.8%
2011-$142.47M-1142.2%
2010$13.67M-109.9%
2009-$137.76M-13.6%
2008-$159.52M+86.6%
2007-$85.48M+15.6%
2006-$73.96M-25.6%
2005-$99.43M+1.7%
2004-$97.77M-34.5%
2003-$149.30M+52.5%
2002-$97.91M+51.3%
2001-$64.70M+3.4%
2000-$62.59M+131.8%
1999-$27.00M-321.3%
1998$12.20M+64.9%
1997$7.40M-225.4%
1996-$5.90M-46.4%
1995-$11.00M-9.1%
1994-$12.10M+146.9%
1993-$4.90M

Operating Income values are taken from Incyte's reported income 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

As of the 2025 fiscal year, Incyte (INCY) reported operating income of $1.34B – surged 1575.4% year-over-year.

Over 2015–2025 (10 years), Incyte operating income expanded at a +38.8% compound annual rate, with the latest reading among the more recent periods of the dataset.

2025 marks the peak operating income at $1.34B, with the historical low of -$240.29M recorded in 2020.

Among 8 Healthcare peers, Incyte (INCY) ranks 9th; the peer median for operating income is $22.84B.

Incyte Operating Income by Year

Incyte Operating Income 2025: $1.34B

Incyte operating income in 2025 was $1.34B, surged 1575.4% from 2024. This figure represents the highest annual value in the available history.

Incyte Operating Income 2024: $80.14M

Incyte operating income in 2024 was $80.14M, plunged 87.7% below 2023.

Incyte Operating Income 2023: $651.77M

Incyte operating income in 2023 was $651.77M, grew 8.7% from 2022.

Incyte Operating Income 2022: $599.56M

Incyte operating income in 2022 was $599.56M, declined 6.0% below 2021.

Incyte Operating Income 2021: $637.54M

Incyte operating income in 2021 was $637.54M.

See more financial history for Incyte (INCY).

Sector peers — Operating Income

Companies in the same sector as Incyte, ranked by their latest operating income.

CompanyOperating IncomeSector
Novo Nordisk A/S (NVO)$127.66BHealthcare
Eli Lilly and Company (LLY)$29.70BHealthcare
Merck & Co., Inc. (MRK)$26.78BHealthcare
Johnson & Johnson (JNJ)$25.60BHealthcare
AbbVie Inc. (ABBV)$20.09BHealthcare
UnitedHealth Group Incorporated (UNH)$18.96BHealthcare
AstraZeneca PLC (AZN)$13.74BHealthcare
Amgen Inc. (AMGN)$10.68BHealthcare

Frequently asked questions

What is Incyte's operating income?

Latest reported operating income for Incyte (INCY) is $1.44B (period ending March 31, 2026).

How has Incyte operating income changed year-over-year?

Incyte (INCY) operating income changed +1575.4% year-over-year on the latest annual filing.

What is the long-term growth rate of Incyte operating income?

Incyte (INCY) operating income compound annual growth rate is +38.8% over the most recent 10 years available.

When did Incyte operating income hit its highest annual value?

Incyte operating income reached its highest annual value of $1.34B in 2025.

What was Incyte operating income in 2024?

Incyte (INCY) operating income in 2024 was $80.14M.

What was Incyte operating income in 2025?

Incyte (INCY) operating income in 2025 was $1.34B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.