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For the quarter ending 2026-03-31, INCY had $363,281K increase in cash & cash equivalents over the period.

Cash Flow Overview

Change in Cash
$363,281K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Proceeds from issuance of common...
    • Maturities of marketable securit...
    • Stock-based compensation
    • Others
Negative Cash Flow Breakdown
    • Research and development - inter...
    • Sales and marketing
    • Research and development - exter...
    • Others

Cash Flow
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Total revenues
1,272,676 1,506,835 1,365,980 1,215,529
Cost of sales (including definite-lived intangible amortization)
104,523 121,175 99,001 78,766
Contract dispute settlement
-0 0 242,251
Research and development - internal
260,176 269,559 250,140 236,686
Research and development - external
243,127 272,389 256,344 245,681
Other research and development
12,600 69,424 100 12,550
Sales and marketing
259,563 308,489 272,302 256,311
General and administrative
68,524 81,923 56,779 74,711
Asset impairment
-76,275 --
Asset impairment and related disposal costs
23,214 ---
(gain) loss on change in fair value of acquisition-related contingent consideration
-168 -28,258 -12,204 22,761
(profit) and loss sharing under collaboration agreements
-0 0 0
Other segment items
-2,213 36,580 19,349 125,315
Net income
303,330 299,279 424,169 404,999
Depreciation and amortization
23,802 23,982 24,023 22,919
Stock-based compensation
64,126 62,157 61,598 64,609
Deferred income taxes
63,416 -13,497 -124,117 -110,071
Other, net
-12,772 -11,412 -6,665 8,512
(gain) loss on equity investments
6,591 18,246 8,558 -4,151
(gain) loss on change in fair value of acquisition-related contingent consideration
-168 -28,258 -12,204 22,761
Asset impairment
-76,275 --
Accounts receivable
27,027 128,497 53,001 20,229
Prepaid expenses and other assets
-9,193 -65,038 72,835 86,395
Inventory
12,226 4,859 5,555 19,525
Accounts payable
23,449 32,976 -44,166 19,911
Accrued and other liabilities
-84,725 138,545 115,136 -476,725
Net cash provided by operating activities
369,351 543,301 559,389 44,741
Purchase of long term investments
-7,875 --
Sale of equity investments
0 0 1 -1
Capital expenditures
10,200 21,877 14,747 19,074
Payments for intangible assets
5,000 0 25,000 0
Purchases of marketable securities
142,703 82,655 115,506 56,110
Maturities of marketable securities
69,700 74,988 107,836 56,313
Net cash (used in) provided by investing activities
-88,203 -37,419 -47,416 -18,872
Repurchase of common stock
-0 0 0
Excise tax paid on repurchase of common stock
-0 0 19,100
Proceeds from issuance of common stock under stock plans
97,925 160,209 43,430 14,884
Tax withholdings related to restricted and performance share vesting
6,956 16,349 50,103 912
Payment of finance lease liabilities
1,184 1,158 1,141 1,155
Payment of contingent consideration
4,963 4,963 4,964 10,334
Net cash provided by (used in) financing activities
84,822 137,739 -12,778 -11,246
Effect of exchange rates on cash, cash equivalents, and restricted cash
-2,689 -801 841 -1,197
Net increase in cash, cash equivalents, and restricted cash
363,281 642,820 500,036 13,426
Cash, cash equivalents, and restricted cash at beginning of period
3,099,669 2,456,849 1,956,813 1,943,387
Cash, cash equivalents, and restricted cash at end of period
3,462,950 3,099,669 2,456,849 1,956,813
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Total revenues$1,272,676K (20.87%↑ Y/Y)Other segment items-$2,213K (-104.71%↓ Y/Y)(gain) loss on change infair value of...-$168K (-101.45%↓ Y/Y)Net income$303,330K (91.73%↑ Y/Y)Stock-based compensation$64,126K (5.16%↑ Y/Y)Deferred income taxes$63,416K (845.66%↑ Y/Y)Proceeds from issuance ofcommon stock under...$97,925K (2923.31%↑ Y/Y)Canceled cashflow$971,727K Depreciation andamortization$23,802K (6.44%↑ Y/Y)Accounts payable$23,449K (1186.10%↑ Y/Y)Other, net-$12,772K (-141.35%↓ Y/Y)Prepaid expenses andother assets-$9,193K (-114.82%↓ Y/Y)Net cash provided byoperating activities$369,351K (38.82%↑ Y/Y)Net cash provided by(used in) financing...$84,822K (769.15%↑ Y/Y)Canceled cashflow$130,737K Canceled cashflow$13,103K Research and development- internal$260,176K (13.94%↑ Y/Y)Sales and marketing$259,563K (0.74%↑ Y/Y)Research and development- external$243,127K (25.69%↑ Y/Y)Cost of sales(including definite-lived...$104,523K (42.81%↑ Y/Y)General andadministrative$68,524K (0.71%↑ Y/Y)Asset impairment andrelated disposal costs$23,214K Other research anddevelopment$12,600K (-18.71%↓ Y/Y)Net increase incash, cash...$363,281K (43.06%↑ Y/Y)Canceled cashflow$90,892K Accrued and otherliabilities-$84,725K (-213.21%↓ Y/Y)Accounts receivable$27,027K (187.31%↑ Y/Y)Inventory$12,226K (-57.21%↓ Y/Y)(gain) loss on equityinvestments$6,591K (590.77%↑ Y/Y)(gain) loss on change infair value of...-$168K (-101.45%↓ Y/Y)Maturities of marketablesecurities$69,700K (53.21%↑ Y/Y)Tax withholdingsrelated to restricted...$6,956K (-26.42%↓ Y/Y)Payment of contingentconsideration$4,963K (-7.60%↓ Y/Y)Payment of finance leaseliabilities$1,184K (8.62%↑ Y/Y)Net cash (used in)provided by investing...-$88,203K (-8140.38%↓ Y/Y)Effect of exchangerates on cash, cash...-$2,689K (-387.14%↓ Y/Y)Canceled cashflow$69,700K Purchases of marketablesecurities$142,703K (246.06%↑ Y/Y)Capital expenditures$10,200K (221.87%↑ Y/Y)Payments for intangibleassets$5,000K

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INCYTE CORP (INCY)

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INCYTE CORP (INCY)