Oct 29, 7:03 AM ET
Incyte reported third-quarter 2026 total revenue of $1.56 billion, up 14% from a year earlier, and raised its full-year 2026 total net sales guidance to $5,210-$5,300 million. GAAP net loss was $784.8 million, or $3.86 per diluted share, compared with net income of $424.2 million ($2.11 per share) a year earlier, mainly because of a one-time $1.23 billion in-process R&D expense tied to the Vega Therapeutics acquisition.
- Total revenue was $1.56 billion, up 14%; Opzelura net sales were $255 million, up 36%
- GAAP net loss of $784.8 million ($3.86 per diluted share) vs. net income of $424.2 million ($2.11) in Q3 2025
- One-time $1.23 billion IPR&D expense from the Vega Therapeutics acquisition; non-GAAP diluted loss was $3.60 per share
- 2026 total net sales guidance raised to $5,210-$5,300 million from $5,130-$5,260 million; Opzelura guidance includes a one-time $246 million CMS-related benefit
Read the filing on SEC.gov ↗
Jul 28, 7:02 AM ET
Incyte reported second quarter 2026 total revenue of $1.67 billion, up 38%, and GAAP diluted EPS of $2.81 versus $2.04 a year earlier. The company raised its 2026 total net sales guidance to $5,130 to $5,260 million, but also raised GAAP operating expense guidance to $4,915 to $4,995 million, which includes an expected $1,270 million in-process R&D charge in the third quarter tied to the Vega Therapeutics acquisition. Quarterly sales were boosted by a one-time, non-cash $246 million Opzelura benefit.
- Total revenue was $1.67 billion, up 38%; GAAP net income was $585.6 million versus $405.0 million
- Total net sales were $1.49 billion, up 40%; excluding the one-time $246 million Opzelura benefit, net sales grew 17%
- 2026 total net sales guidance raised to $5,130 to $5,260 million from $4,770 to $4,940 million
- Expected IPR&D expense of approximately $1,270 million in Q3 2026 related to the $1.25 billion Vega Therapeutics acquisition
Read the filing on SEC.gov ↗
Apr 28, 7:03 AM ET
Incyte reported first-quarter 2026 total revenue of $1.27 billion, up 21% from the prior year, with GAAP diluted EPS of $1.47 versus $0.80 a year earlier. The company reaffirmed all of its 2026 financial guidance categories and said cash, cash equivalents and marketable securities reached $4.0 billion as of March 31, 2026.
- Total revenue was $1.27 billion, up 21% from $1.05 billion in Q1 2025; total net sales were $1.10 billion, up 20%.
- GAAP net income was $303.3 million versus $158.2 million, and GAAP diluted EPS was $1.47 versus $0.80.
- Jakafi net sales rose 7% to $758 million; GAAP cost of sales rose 43% to $104.5 million.
- Full-year 2026 guidance was reaffirmed, including total net sales of $4,770 million to $4,940 million; Suketu Upadhyay was named Chief Financial Officer effective May 4, 2026.
Read the filing on SEC.gov ↗
Mar 30, 5:35 PM ET
Incyte director Susanne Schaffert notified the company on March 26, 2026 that she is resigning from its Board of Directors, effective April 15, 2026. The filing states the resignation was not due to any disagreement with the company on operations, policies or practices.
- Susanne Schaffert notified Incyte on March 26, 2026 of her board resignation.
- Resignation takes effect April 15, 2026.
- Dr. Schaffert had served on the board since 2022.
- The filing states no disagreement with the company led to the resignation.
Read the filing on SEC.gov ↗
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