earnings
confidence high
sentiment positive
materiality 0.75
Incyte Q1 revenue $1.27B (+21% YoY), Non-GAAP EPS $1.81 beats prior $1.16; pipeline expands
INCYTE CORP
2026-Q1 EPS reported
$1.47
revenue$1,272,676,000
- Total net sales $1.10B (+20% YoY); Jakafi $758M (+7%), Opzelura $143M (+20%), Hem/Onc $204M (+116%).
- GAAP net income $303M ($1.47 diluted EPS) vs $158M ($0.80) prior year; Non-GAAP diluted EPS $1.81.
- Positive Phase 3 vitiligo results for povorcitinib; NDA accepted for HS; four product approvals/launches expected in next 12 months.
- Appointed Suketu Upadhyay as CFO effective May 4, 2026; cash position $4.0B.
- FY 2026 guidance reaffirmed: total net sales $4.77-$4.94B; R&D and SG&A expenses guided.