10-Q quarterly report · filed Apr 29, 2025

Incyte (INCY) Q1 2025 10-Q Quarterly Report

Short answer

Incyte (INCY) filed its Q1 2025 10-Q quarterly report on Apr 29, 2025 for the quarter ended Mar 31, 2025. Quarterly revenue was $1.1B (up 19.5% year over year) with net income of $158M.

Q1 2025 key financials · XBRL

Revenue
$1.1B
+19.5% YoY
Net income
$158M
−6.7% YoY
Operating margin
19.5%
EPS (diluted)
$0.80
+6.7% YoY

Source: XBRL data from the Incyte (INCY) Q1 2025 10-Q on SEC EDGAR. USD.

Incyte Q1 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenues $1,052.9M, up 19.5% YoY from $880.9M; JAKAFI $709.4M (+24.1%), OPZELURA $118.7M (+38.6%)
  • Net income $158.2M, down 6.6% YoY from $169.5M; basic EPS $0.82 vs $0.76 YoY; operating margin affected by cost increases
  • Best segment: JAKAFI revenues $709.4M (+$137.6M), driven by 10% volume growth; worst: ICLUSIG declined slightly to $29.5M from $30.3M
  • Operating cash flow $266.1M, up from $218.8M YoY; cash, equivalents, securities $2.4B at quarter-end; minimal investing and stable financing outflows
  • Management cautious: ongoing litigation risk for OPZELURA rebates; expects sales allowances to fluctuate, impacts from inflation and government reimbursements

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Incyte quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.