earnings
confidence high
sentiment positive
materiality 0.75
Incyte Q2 2025 revenue up 16% to $1.216B; raised Jakafi and oncology guidance
INCYTE CORP
2025-Q2 EPS reported
$2.84
revenue$2,268,427,000
- Total revenues $1.216B (+16% YoY); net product rev $1.059B (+17% YoY). GAAP EPS $2.04 diluted, vs $(2.04) loss a year ago.
- Jakafi net rev $764M (+8%); full-year guidance raised to $3.0-3.05B (prev $2.95-3.0B). Opzelura $164M (+35%).
- Niktimvo launch strong with Q2 rev $36M; other oncology guidance raised to $500-520M (prev $415-455M).
- New CEO Bill Meury appointed June 26, 2025 upon retirement of Hervé Hoppenot.
- Novartis royalty dispute settled; Jakafi royalty rate reduced by 50% starting Jan 1, 2025; $280M paid in settlement.
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