FINHUB Insights

INCY · Q2 FY25 · Apr 1 – Jun 30, 2025

Incyte Q2 FY25: where the revenue came from and where it went

Incyte Q2 FY25: revenue $1.2B (+16% year over year). Net profit $0.4B. Largest cohort JAKAFI $0.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Jul 29, 2025 10-Q
Sankey diagram of Incyte's income statement for Q2 FY25: revenue of $1.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.2B +16% year over year
Gross profit$1.1B 94% margin
Operating profit$0.5B 44% margin
Net profit$0.4B 33% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 1.2 100% +16%
JAKAFI 0.8 67%
OPZELURA 0.2 17%
Product royalty revenues 0.2 17%
Cost of revenue−0.18%
Gross profit1.194% margin+1pp
Research & development−0.341%−68pp
SG&A−0.327%−2pp
Operating profit0.544% margin+89pp
Tax−0.1
Net profit0.433%+76pp
Filing on EDGAR More quarters of INCY

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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