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INCY
Incyte Corp.Stock · HealthcareS&P 500 0.0%
$117.67+$0.98 (+0.84%)as of market close, Jul 24, 2026
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How Incyte makes money

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How does Incyte make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Incyte Corp. · FY2025 · year ended 2025-12-31
Revenue$5.1BGross profit$4.8B · 93%Cost of revenue$372M · 7%Operating income$1.5B · 29%Operating expenses$3.3B · 63%R&D$2.1B · 40%Other opex$1.2B · 23%Pre-tax income$1.7B · 32%Other income$150M · 3%Net income$1.3B · 25%Income tax$378M · 7%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.