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Operating Margin for Incyte (INCY)

As of · Reported

Metric

TTM

27.1%

YoY change

+23.73pp

Trough year (2008)

-4064.5%

Peak year (2025)

26.1%

Operating Margin history chart for Incyte (INCY) from 1995 to 2025

Latest: 26.1%

Operating Margin change chart for Incyte (INCY) from 1995 to 2025

Latest: +23.73pp

Operating Margin history table for Incyte (INCY) from 1995 to 2025

  • 202526.1%+23.73pp
  • 20242.4%-15.34pp
  • 202317.7%+0.30pp
  • 202217.4%-2.19pp
  • 202119.6%+29.50pp
  • 2020-9.9%-28.51pp
  • 201918.6%+11.76pp
  • 20186.9%+22.71pp
  • 2017-15.8%-28.96pp
  • 201613.1%+6.39pp
  • 20156.7%+7.66pp
  • 2014-0.9%+3.60pp
  • 2013-4.5%-4.92pp
  • 20120.4%+151.98pp
  • 2011-151.6%-159.86pp
  • 20108.3%+1516.83pp
  • 2009-1508.6%+2555.97pp
  • 2008-4064.5%-3816.91pp
  • 2007-247.6%+30.44pp
  • 2006-278.1%+1006.47pp
  • 2005-1284.5%-232.27pp
  • 2004-1052.3%-689.73pp
  • 2003-362.5%-223.62pp
  • 2002-138.9%-109.41pp
  • 2001-29.5%+2.73pp
  • 2000-32.2%-15.04pp
  • 1999-17.2%-26.25pp
  • 19989.1%+5.05pp
  • 19974.0%+25.24pp
  • 1996-21.2%+68.10pp
  • 1995-89.3%—

Operating Margin values are taken from Incyte's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Incyte (INCY)

According to Incyte's latest reported financial statements, the company's latest reported operating margin is 27.1%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual operating margin for Incyte (INCY) came in at 26.12% – expanded 23.7 percentage points year-over-year.

The record annual operating margin stands at 26.12%, reached in 2025; the historical low of -4064.53% was recorded in 2008.

Incyte Operating Margin by Year

Incyte Operating Margin 2025: 26.1%

2025's operating margin for Incyte came in at 26.12%, expanded 23.7 percentage points from 2024. This figure represents the highest annual value in the available history.

Incyte Operating Margin 2024: 2.4%

Incyte posted operating margin of 2.39% in 2024, contracted 15.3 percentage points from 2023.

Incyte Operating Margin 2023: 17.7%

In 2023, Incyte reported operating margin of 17.73%, expanded 0.3 percentage points from 2022.

Incyte Operating Margin 2022: 17.4%

Incyte operating margin in 2022 was 17.43%, contracted 2.2 percentage points from 2021.

Incyte Operating Margin 2021: 19.6%

Incyte operating margin in 2021 was 19.62%.

See more financial history for Incyte (INCY).

Sector peers by Operating Margin

Healthcare peers of Incyte (INCY), ranked by their latest operating margin

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