Grid › Services-Commercial Physical & Biological Research

INCY Incyte Corp

Nasdaq, CIK 0000879169, fiscal year ends 12/31. Last price 115.71 on 2026-10-23, market value 23.5 billion dollars.

Machine-readable: INCY.json, INCY.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.

Philosophy	Score	Status	Current inputs as of	History used	Price	Verification	Rules
Graham Defensive	57	ok	2025-12-31 stale: Revenue	2014–2025	2026-10-23	0 verified, 23 unverified	method
Magic Formula	n/a	insufficient data (debt unknown: no debt concept reported in the last 18 months)	—	—	—	—	method
Momentum	80	ok	2026-10-23	—	2026-10-23	—	method
Insider	0	no open-market transactions in window	2026-10-23	—	—	—	method
Buffett Quality	38 partial, missing 4	partial: 4	2026-07-21	2016–2025	2026-10-23	0 verified, 46 unverified	method
Lynch GARP	19 partial, missing 4, 6	partial: 4, 6	—	2020–2025	2026-10-23	0 verified, 2 unverified	method
Graham Enterprising	40 partial, missing 2	partial: 2	2026-06-30	2020–2025	2026-10-23	0 verified, 11 unverified	method
Piotroski F-Score	67 partial, missing 5	partial: 5	—	2024–2026	—	0 verified, 23 unverified	method

Market value, source trail

market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used

Input	Value	Unit	Period / date	Source
Traded price	115.71	USD per traded unit (share or ADS)	2026-10-23	Yahoo Finance
SEC shares outstanding	202,697,746	underlying shares	2026-07-21	SEC cover page 10-Q 0000879169-26-000056 (202,697,746 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/879169/000087916926000056/incy-20260630.htm 0000879169-26-000056
Depositary ratio	1.0	underlying shares per traded unit		domestic 10-K filer; SEC shares are the traded units
Market value price date × latest reported shares	23,454,156,190	USD	2026-10-23 shares at 2026-07-21	115.71 (price 2026-10-23) / 1 x 202,697,746 (shares at 2026-07-21) = 23,454,156,190

Graham Defensive

57 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Adequate size	5.14 revenue $B	>= 1	5.0 / 5
2a Current ratio	4.59	>= 2.0	15.0 / 15
2b Long-term debt vs working capital no debt tag reported; using total liabilities minus current liabilities as an upper bound	0.05 LTD / WC	<= 1.0	15.0 / 15
3 Positive earnings each of 10 years	8 of 10	10 of 10	12.0 / 15
4 Dividends every year for 20 years	0 of 20 missing 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025 XBRL check: 0 years agree, 20 unverified	20 of 20	0.0 / 15
5 EPS growth, 3-yr avg now vs 10 yrs ago	0.09 -> 3.07 (+3189%)	>= +33%	10.0 / 10
6 P/E on 3-year average EPS	37.7	<= 15	0.0 / 15
7 P/B <= 1.5, or P/E x P/B <= 22.5	P/B 3.70, product 139.3	<= 1.5 or <= 22.5	0.0 / 10

Inputs, 25 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	115.71	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Revenue	5141242000.0	2025-12-31 stale	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000879169-26-000010	unverified
liabilities	1528220000.0	2026-06-30	SEC XBRL Liabilities 0000879169-26-000056	unverified
current_liabilities	1312096000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0000879169-26-000056	unverified
current_assets	6026572000.0	2026-06-30	SEC XBRL AssetsCurrent 0000879169-26-000056	unverified
current_liabilities	1312096000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0000879169-26-000056	unverified
equity	6344427000.0	2026-06-30	SEC XBRL StockholdersEquity 0000879169-26-000056	unverified
Net income FY2016	104222000.0	2016-12-31 history	SEC XBRL NetIncomeLoss 0001558370-19-000682	unverified
Net income FY2017	-313142000.0	2017-12-31 history	SEC XBRL NetIncomeLoss 0001558370-20-000774	unverified
Net income FY2018	109493000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0001558370-21-000825	unverified
Net income FY2019	446906000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0001558370-22-000902	unverified
Net income FY2020	-295697000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0000879169-23-000008	unverified
Net income FY2021	948581000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-24-000045	unverified
Net income FY2022	340660000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0001628280-25-004633	unverified
Net income FY2023	597599000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
Net income FY2024	32615000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
Net income FY2025	1286650000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
Dividend years (Yahoo)	[]	history	Yahoo Finance dividend history	unverified
EPS diluted FY2014	-0.29	2014-12-31 history	SEC XBRL EarningsPerShareDiluted 0001558370-17-000594	unverified
EPS diluted FY2015	0.03	2015-12-31 history	SEC XBRL EarningsPerShareDiluted 0001558370-18-000722	unverified
EPS diluted FY2016	0.54	2016-12-31 history	SEC XBRL EarningsPerShareDiluted 0001558370-19-000682	unverified
EPS diluted FY2023	2.65	2023-12-31 history	SEC XBRL EarningsPerShareDiluted 0000879169-26-000010	unverified
EPS diluted FY2024	0.15	2024-12-31 history	SEC XBRL EarningsPerShareDiluted 0000879169-26-000010	unverified
EPS diluted FY2025	6.41	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0000879169-26-000010	unverified
Shares outstanding	202697746.0	2026-07-21	SEC cover page 10-Q 0000879169-26-000056 (202,697,746 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/879169/000087916926000056/incy-20260630.htm 0000879169-26-000056	not cross-checked

Magic Formula

insufficient data (debt unknown: no debt concept reported in the last 18 months). How this is scored.

insufficient data (debt unknown: no debt concept reported in the last 18 months).

Momentum

80 of 100. ok. How this is scored.

Test or factor	Value	Points
12-1 month return	39.6 % (percentile 83.7)	41.8 / 50
6 month return	21.2 % (percentile 80.0)	16.0 / 20
Price / 52-week high	0.891	13.4 / 15
Volatility penalty (60d annualised)	26.7 %	8.3 / 15

Inputs, 1 numbers with their sources

Input	Value	Period	Source	Check
Adjusted close series (14 months)	115.71	2026-10-23	Yahoo Finance / Alpaca Market Data daily history	not cross-checked

Insider

0 of 100. no open-market transactions in window. How this is scored. Form 4 data loaded through 2026-10-23

Test or factor	Value	Points
Open-market buy value / market cap (percentile among buyers)	0.0 bp	0.0 / 35
Distinct buyers	0	0.0 / 25
Buyer seniority	0.0	0.0 / 20
Recency (half-life 30d)	0.0	0.0 / 10
Sales penalty (excludes 10b5-1 plan sales)	0.0 bp	-0.0 / 0

Inputs, 20 numbers with their sources

Input	Value	Source	Check
excluded 2026-10-15 S	10b5-1 plan	rule	not cross-checked
excluded 2026-09-15 S	10b5-1 plan	rule	not cross-checked
excluded 2026-09-15 S	10b5-1 plan	rule	not cross-checked
excluded 2026-08-19 S	10b5-1 plan	rule	not cross-checked
excluded 2026-08-12 S	10b5-1 plan	rule	not cross-checked
excluded 2026-08-05 S	10b5-1 plan	rule	not cross-checked
excluded 2026-08-05 S	10b5-1 plan	rule	not cross-checked
excluded 2026-08-03 S	10b5-1 plan	rule	not cross-checked
excluded 2026-07-31 S	10b5-1 plan	rule	not cross-checked
excluded 2026-07-31 S	10b5-1 plan	rule	not cross-checked
excluded 2026-07-31 S	10b5-1 plan	rule	not cross-checked
excluded 2026-07-31 S	10b5-1 plan	rule	not cross-checked
excluded 2026-07-31 S	10b5-1 plan	rule	not cross-checked
excluded 2026-07-31 S	10b5-1 plan	rule	not cross-checked
excluded 2026-07-31 S	10b5-1 plan	rule	not cross-checked
excluded 2026-07-31 S	10b5-1 plan	rule	not cross-checked
excluded 2026-07-31 S	10b5-1 plan	rule	not cross-checked
excluded 2026-07-31 S	10b5-1 plan	rule	not cross-checked
excluded 2026-07-31 S	10b5-1 plan	rule	not cross-checked
excluded 2026-07-31 S	10b5-1 plan	rule	not cross-checked

Buffett Quality

38 of 100. partial: 4. How this is scored.

Test or factor	Value	Threshold	Points
1 Average return on equity (net income / year-end equity)	10.2% over 8 yrs	>= 15%	8.0 / 25
2 Profitable every year	8 of 10	all years	12.0 / 15
3 Net income growth, 3-yr average now vs start of window growth rate undefined	base or latest average not positive	>= +10%	0.0 / 10
4 Borrowings / 3-yr average earnings (years to repay) debt unknown: no debt concept reported in the last 18 months	—	<= 4	None / 15
5 Operating margin, 5-yr average	16.9%	>= 20%	7.4 / 10
6 Free cash flow / net income, 5-yr (operating cash flow minus capex)	1.14	>= 1.0	10.0 / 10
7 Owner-earnings yield (3-yr avg free cash flow / market cap)	3.1%	>= 7%	0.4 / 15

Inputs, 48 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	115.71	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Net income FY2018	109493000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0001558370-21-000825	unverified
Equity at FY2018 end	1925967000.0	2018-12-31 history	SEC XBRL StockholdersEquity 0001558370-22-000902	unverified
Net income FY2019	446906000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0001558370-22-000902	unverified
Equity at FY2019 end	2598406000.0	2019-12-31 history	SEC XBRL StockholdersEquity 0000879169-23-000008	unverified
Net income FY2020	-295697000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0000879169-23-000008	unverified
Equity at FY2020 end	2611268000.0	2020-12-31 history	SEC XBRL StockholdersEquity 0000879169-24-000045	unverified
Net income FY2021	948581000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-24-000045	unverified
Equity at FY2021 end	3770004000.0	2021-12-31 history	SEC XBRL StockholdersEquity 0001628280-25-004633	unverified
Net income FY2022	340660000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0001628280-25-004633	unverified
Equity at FY2022 end	4370119000.0	2022-12-31 history	SEC XBRL StockholdersEquity 0000879169-26-000010	unverified
Net income FY2023	597599000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
Equity at FY2023 end	5189837000.0	2023-12-31 history	SEC XBRL StockholdersEquity 0000879169-26-000010	unverified
Net income FY2024	32615000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
Equity at FY2024 end	3447628000.0	2024-12-31 history	SEC XBRL StockholdersEquity 0000879169-26-000056	unverified
Net income FY2025	1286650000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
Equity at FY2025 end	5167478000.0	2025-12-31 history	SEC XBRL StockholdersEquity 0000879169-26-000056	unverified
Net income FY2016	104222000.0	2016-12-31 history	SEC XBRL NetIncomeLoss 0001558370-19-000682	unverified
Net income FY2017	-313142000.0	2017-12-31 history	SEC XBRL NetIncomeLoss 0001558370-20-000774	unverified
Net income FY2018	109493000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0001558370-21-000825	unverified
Net income FY2019	446906000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0001558370-22-000902	unverified
Net income FY2020	-295697000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0000879169-23-000008	unverified
Net income FY2021	948581000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-24-000045	unverified
Net income FY2022	340660000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0001628280-25-004633	unverified
Net income FY2023	597599000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
Net income FY2024	32615000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
Net income FY2025	1286650000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
Operating income FY2021	585777000.0	2021-12-31 history	SEC XBRL OperatingIncomeLoss 0000879169-24-000045	unverified
Revenue FY2021	2986267000.0	2021-12-31 history	SEC XBRL Revenues 0000879169-23-000008	unverified
Operating income FY2022	579440000.0	2022-12-31 history	SEC XBRL OperatingIncomeLoss 0001628280-25-004633	unverified
Revenue FY2022	3394635000.0	2022-12-31 history	SEC XBRL Revenues 0000879169-23-000008	unverified
Operating income FY2023	620525000.0	2023-12-31 history	SEC XBRL OperatingIncomeLoss 0000879169-26-000010	unverified
Revenue FY2023	3695649000.0	2023-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000879169-26-000010	unverified
Operating income FY2024	61366000.0	2024-12-31 history	SEC XBRL OperatingIncomeLoss 0000879169-26-000010	unverified
Revenue FY2024	4241217000.0	2024-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000879169-26-000010	unverified
Operating income FY2025	1514859000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0000879169-26-000010	unverified
Revenue FY2025	5141242000.0	2025-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000879169-26-000010	unverified
Operating cash flow FY2021	749488000.0	2021-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000879169-24-000045	unverified
Capital expenditure FY2021	181006000.0	2021-12-31 history	SEC XBRL PaymentsToAcquireProductiveAssets (10-K via companyfacts; capex fallback) 0000879169-23-000008	unverified
Operating cash flow FY2022	969941000.0	2022-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-25-004633	unverified
Capital expenditure FY2022	77833000.0	2022-12-31 history	SEC XBRL PaymentsToAcquireProductiveAssets (10-K via companyfacts; capex fallback) 0000879169-23-000008	unverified
Operating cash flow FY2023	496487000.0	2023-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000879169-26-000010	unverified
Capital expenditure FY2023	15000000.0	2023-12-31 history	SEC XBRL PaymentsToAcquireIntangibleAssets (10-K via companyfacts; capex fallback) 0000879169-26-000010	unverified
Operating cash flow FY2024	335337000.0	2024-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000879169-26-000010	unverified
Capital expenditure FY2024	13900000.0	2024-12-31 history	SEC XBRL PaymentsToAcquireIntangibleAssets (10-K via companyfacts; capex fallback) 0000879169-26-000010	unverified
Operating cash flow FY2025	1413498000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000879169-26-000010	unverified
Capital expenditure FY2025	25000000.0	2025-12-31 history	SEC XBRL PaymentsToAcquireIntangibleAssets (10-K via companyfacts; capex fallback) 0000879169-26-000010	unverified
Shares outstanding	202697746.0	2026-07-21	SEC cover page 10-Q 0000879169-26-000056 (202,697,746 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/879169/000087916926000056/incy-20260630.htm 0000879169-26-000056	not cross-checked

Lynch GARP

19 of 100. partial: 4, 6. How this is scored.

Test or factor	Value	Threshold	Points
1 PEG: P/E divided by 5-yr EPS growth (in % points) earnings not positive in both years, or growth not positive: PEG undefined	—	<= 1.0	0.0 / 30
2 EPS growth, 5-yr compound rate earnings not positive in both years	—	12% to 35% a year	0.0 / 20
3 P/E on latest annual EPS	18.1	<= 25	10.0 / 10
4 Borrowings / equity debt unknown: no debt concept reported in the last 18 months	—	<= 0.5	None / 15
5 Years of the last 5 in which EPS rose	3 of 5	5 of 5	9.0 / 15
6 Net cash (cash minus borrowings) / market cap needs market cap, cash and debt	—	>= +10%	None / 10

Inputs, 3 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	115.71	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
EPS diluted FY2025	6.41	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0000879169-26-000010	unverified
EPS diluted FY2020	-1.36	2020-12-31 history	SEC XBRL EarningsPerShareDiluted 0000879169-23-000008	unverified

Graham Enterprising

40 of 100. partial: 2. How this is scored.

Test or factor	Value	Threshold	Points
1 Current ratio	4.59	>= 1.5	15.0 / 15
2 Borrowings vs working capital debt unknown: no debt concept reported in the last 18 months	—	<= 1.1x	None / 15
3 No earnings deficit in the last 5 years	5 of 5 profitable	5 of 5	15.0 / 15
4 Pays a current dividend	no	yes	0.0 / 10
5 EPS higher than five years earlier	-1.36 -> 6.41	higher	10.0 / 10
6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)	3.7	<= 1.2	0.0 / 20
7 Price / net current asset value per share (current assets minus all liabilities)	5.21	<= 0.67	0.0 / 15

Inputs, 14 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	115.71	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
current_assets	6026572000.0	2026-06-30	SEC XBRL AssetsCurrent 0000879169-26-000056	unverified
current_liabilities	1312096000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0000879169-26-000056	unverified
Net income FY2021	948581000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-24-000045	unverified
Net income FY2022	340660000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0001628280-25-004633	unverified
Net income FY2023	597599000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
Net income FY2024	32615000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
Net income FY2025	1286650000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
Dividend years (Yahoo)	[]	history	Yahoo Finance dividend history	not cross-checked
EPS diluted FY2025	6.41	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0000879169-26-000010	unverified
EPS diluted FY2020	-1.36	2020-12-31 history	SEC XBRL EarningsPerShareDiluted 0000879169-23-000008	unverified
equity	6344427000.0	2026-06-30	SEC XBRL StockholdersEquity 0000879169-26-000056	unverified
Shares outstanding	202697746.0	2026-07-21	SEC cover page 10-Q 0000879169-26-000056 (202,697,746 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/879169/000087916926000056/incy-20260630.htm 0000879169-26-000056	not cross-checked
liabilities	1528220000.0	2026-06-30	SEC XBRL Liabilities 0000879169-26-000056	unverified

Piotroski F-Score

67 of 100. partial: 5. How this is scored.

Test or factor	Value	Threshold	Points
1 Return on assets is positive	18.5%	pass = 1	11.11111111111111 / 11.11111111111111
2 Operating cash flow is positive	1,413M	pass = 1	11.11111111111111 / 11.11111111111111
3 Return on assets improved on the prior year	0.6% -> 18.5%	pass = 1	11.11111111111111 / 11.11111111111111
4 Operating cash flow exceeds net income (accruals)	1,413M vs 1,287M	pass = 1	11.11111111111111 / 11.11111111111111
5 Long-term debt / assets fell an input is not reported for one of the two years	—	pass = 1	None / 11.11111111111111
6 Current ratio improved	1.97 -> 3.32	pass = 1	11.11111111111111 / 11.11111111111111
7 No new shares issued (share count did not rise)	195M -> 203M	pass = 1	0.0 / 11.11111111111111
8 Operating margin improved (stand-in for gross margin, which the dataset does not carry)	1.4% -> 29.5%	pass = 1	11.11111111111111 / 11.11111111111111
9 Asset turnover (revenue / assets) improved	0.78 -> 0.74	pass = 1	0.0 / 11.11111111111111

Inputs, 23 numbers with their sources

Input	Value	Period	Source	Check
net_income 2025-12-31	1286650000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
total_assets 2025-12-31	6957973000.0	2025-12-31 history	SEC XBRL Assets 0000879169-26-000056	unverified
cfo 2025-12-31	1413498000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000879169-26-000010	unverified
net_income 2025-12-31	1286650000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
net_income 2024-12-31	32615000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
total_assets 2025-12-31	6957973000.0	2025-12-31 history	SEC XBRL Assets 0000879169-26-000056	unverified
total_assets 2024-12-31	5444322000.0	2024-12-31 history	SEC XBRL Assets 0000879169-26-000010	unverified
cfo 2025-12-31	1413498000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000879169-26-000010	unverified
net_income 2025-12-31	1286650000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000879169-26-000031) 0000879169-26-000010	unverified
current_assets 2025-12-31	5023902000.0	2025-12-31 history	SEC XBRL AssetsCurrent 0000879169-26-000056	unverified
current_assets 2024-12-31	3239030000.0	2024-12-31 history	SEC XBRL AssetsCurrent 0000879169-26-000010	unverified
current_liabilities 2025-12-31	1515170000.0	2025-12-31 history	SEC XBRL LiabilitiesCurrent 0000879169-26-000056	unverified
current_liabilities 2024-12-31	1641847000.0	2024-12-31 history	SEC XBRL LiabilitiesCurrent 0000879169-26-000010	unverified
shares_out 2026-07-21	202697746.0	2026-07-21 history	SEC XBRL EntityCommonStockSharesOutstanding 0000879169-26-000056	unverified
shares_out 2025-07-22	195276145.0	2025-07-22 history	SEC XBRL EntityCommonStockSharesOutstanding 0000879169-25-000103	unverified
operating_income 2025-12-31	1514859000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0000879169-26-000010	unverified
operating_income 2024-12-31	61366000.0	2024-12-31 history	SEC XBRL OperatingIncomeLoss 0000879169-26-000010	unverified
revenue 2025-12-31	5141242000.0	2025-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000879169-26-000010	unverified
revenue 2024-12-31	4241217000.0	2024-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000879169-26-000010	unverified
revenue 2025-12-31	5141242000.0	2025-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000879169-26-000010	unverified
revenue 2024-12-31	4241217000.0	2024-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000879169-26-000010	unverified
total_assets 2025-12-31	6957973000.0	2025-12-31 history	SEC XBRL Assets 0000879169-26-000056	unverified
total_assets 2024-12-31	5444322000.0	2024-12-31 history	SEC XBRL Assets 0000879169-26-000010	unverified

Earnings record

SEC XBRL, by fiscal year (named by the calendar year it ends in); EPS split-adjusted to today's shares; each row links to the filing.

FY	Ended	Revenue, $M	Net income, $M	EPS diluted	Dividend	Filing
2013	2013-12-31	355		-0.56	none	0001558370-16-003196
2014	2014-12-31	511		-0.29	none	0001558370-17-000594
2015	2015-12-31	754		0.03	none	0001558370-18-000722
2016	2016-12-31	1,106	104	0.54	none	0001558370-19-000682
2017	2017-12-31	1,536	-313	-1.53	none	0001558370-20-000774
2018	2018-12-31	1,882	109	0.51	none	0001558370-21-000825
2019	2019-12-31	2,159	447	2.05	none	0001558370-22-000902
2020	2020-12-31	2,667	-296	-1.36	none	0000879169-23-000008
2021	2021-12-31	2,986	949	4.27	none	0000879169-24-000045
2022	2022-12-31	3,395	341	1.52	none	0001628280-25-004633
2023	2023-12-31	3,696	598	2.65	none	0000879169-26-000010
2024	2024-12-31	4,241	33	0.15	none	0000879169-26-000010
2025	2025-12-31	5,141	1,287	6.41	none	0000879169-26-000010

Insider transactions

SEC Form 4 open-market purchases and sales from the insider data sets; latest 20.

Date	Insider	Role	Type	Shares	Price	Value
2026-10-15	Cagnoni Pablo J	Pres	sale plan	2,642	112.71	297,780
2026-09-15	Cagnoni Pablo J	Pres	sale plan	13,985	120.49	1,685,053
2026-09-15	Cagnoni Pablo J	Pres	sale plan	9,233	120.50	1,112,576
2026-08-19	Cagnoni Pablo J	Pres	sale plan	10,801	125.56	1,356,174
2026-08-12	Cagnoni Pablo J	Pres	sale plan	10,803	120.04	1,296,792
2026-08-05	Mayes Patrick A	officer	sale plan	2,207	123.99	273,646
2026-08-05	Cagnoni Pablo J	Pres	sale plan	10,640	122.69	1,305,422
2026-08-03	Mayes Patrick A	officer	sale plan	6,055	120.43	729,204
2026-07-31	Mayes Patrick A	officer	sale plan	2,293	119.41	273,807
2026-07-31	Mayes Patrick A	officer	sale plan	326	121.69	39,671
2026-07-31	Mayes Patrick A	officer	sale plan	85	122.19	10,386
2026-07-31	Mayes Patrick A	officer	sale plan	1,642	119.38	196,022
2026-07-31	Mayes Patrick A	officer	sale plan	1,643	119.51	196,355
2026-07-31	Mayes Patrick A	officer	sale plan	2,864	119.40	341,962
2026-07-31	Mayes Patrick A	officer	sale plan	6,171	119.43	737,003
2026-07-31	Mayes Patrick A	officer	sale plan	2,187	119.47	261,281
2026-07-31	Mayes Patrick A	officer	sale plan	5,332	119.42	636,747
2026-07-31	Mayes Patrick A	officer	sale plan	14,661	119.46	1,751,403
2026-07-31	Mayes Patrick A	officer	sale plan	4,695	119.39	560,536
2026-07-31	Cagnoni Pablo J	Pres	sale plan	15,888	119.70	1,901,794

Filings and links

Third-party sites are linked only; nothing from them is stored here.

SEC: filing index, 8-K, Form 4, XBRL companyfacts
Prices: Yahoo Finance, Stooq
Elsewhere: morningstar, finviz, stockanalysis, seeking alpha, openinsider, google news

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/INCY; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23. Data last checked 2026-10-26.