Incyte Corporation (INCY) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 5.48B | 5.02B | 4.28B | 3.64B | 3.51B | 3.24B | 2.81B | 2.57B | 4.85B | 4.65B | 4.4B | 4.26B | 3.97B | 4.09B | 3.82B | 3.63B | 3.29B | 3.12B | 2.92B | 2.62B |
| Cash & Short-Term Investments | 4.02B | 3.58B | 2.93B | 2.42B | 2.41B | 2.16B | 1.77B | 1.52B | 3.85B | 3.66B | 3.52B | 3.42B | 3.11B | 3.24B | 2.98B | 2.72B | 2.54B | 2.35B | 2.28B | 2.08B |
| Cash Only | 3.46B | 3.1B | 2.46B | 1.95B | 1.94B | 1.69B | 1.3B | 987.29M | 3.35B | 3.21B | 3.23B | 3.13B | 2.82B | 2.95B | 2.69B | 2.44B | 2.26B | 2.06B | 2B | 1.8B |
| Short-Term Investments | 554.71M | 482.79M | 474.81M | 466.77M | 466.94M | 470.26M | 470.58M | 532.08M | 504.48M | 442.67M | 289.22M | 292.24M | 291.66M | 287.54M | 286.5M | 287.04M | 287.4M | 290.75M | 285.05M | 283.38M |
| Accounts Receivable | 1.05B | 1.02B | 895.89M | 842.89M | 823.13M | 853.15M | 758.45M | 739.05M | 745.53M | 743.56M | 657.26M | 637.99M | 623.79M | 644.88M | 618.19M | 682.97M | 562.34M | 616.3M | 516.69M | 438.17M |
| Days Sales Outstanding | 73.4 | 58.62 | 58.55 | 62.36 | 71.64 | 62.89 | 60.54 | 64.72 | 76.91 | 63.59 | 64.83 | 60.14 | 70.6 | 62.7 | 72.7 | 62.17 | 72.34 | 60.4 | 54.03 | 53.87 |
| Inventory | 115.62M | 101.06M | 83.45M | 83.42M | 63.98M | 58.87M | 70.44M | 100.7M | 63.64M | 62.97M | 57.2M | 35.94M | 40.88M | 41.99M | 45.87M | 54.5M | 35.46M | 27.9M | 21.3M | 16.68M |
| Days Inventory Outstanding | 93.29 | 61.79 | 77.54 | 70.09 | 61.73 | 56.59 | 76.87 | 80.42 | 74.62 | 64.42 | 56.54 | 42.15 | 52.8 | 56.14 | 69.98 | 66.29 | 53.14 | 42.43 | 35.54 | 32.25 |
| Other Current Assets | 0 | 317.83M | 368.73M | 295.65M | 211.65M | 168.91M | 205.13M | 207.96M | 189.24M | 182.83M | 171.75M | 167.14M | 194.26M | 167.01M | 179.93M | 165.95M | 146.13M | 126.28M | 101.73M | 84.25M |
| Total Non-Current Assets | 1.82B | 1.52B | 1.63B | 2.18B | 2.24B | 2.21B | 2.2B | 2.09B | 2.29B | 2.14B | 1.99B | 1.94B | 1.83B | 1.75B | 1.69B | 1.69B | 1.77B | 1.81B | 1.28B | 1.28B |
| Property, Plant & Equipment | 746.84M | 758.4M | 826.79M | 827.54M | 795.25M | 794.21M | 798.17M | 787.54M | 745.53M | 777.05M | 757.93M | 774.98M | 767.55M | 765.61M | 742.41M | 748.68M | 756.61M | 751.47M | 713.85M | 689.04M |
| Fixed Asset Turnover | 1.69x | 1.90x | 1.65x | 1.50x | 1.32x | 1.48x | 1.44x | 1.36x | 1.16x | 1.32x | 1.20x | 1.24x | 1.05x | 1.23x | 1.10x | 1.21x | 0.97x | 1.18x | 1.16x | 1.08x |
| Goodwill | 133M | 133M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M | 155.59M |
| Intangible Assets | 110.16M | 117.13M | 119.42M | 126.42M | 107.61M | 113.8M | 119.99M | 113.54M | 117.84M | 123.55M | 129.25M | 134.95M | 140.66M | 129.22M | 134.6M | 139.99M | 145.37M | 150.75M | 156.14M | 161.52M |
| Long-Term Investments | 54.58M | 47.99M | 21.87M | 13.31M | 17.46M | 18.81M | 27.57M | 29.67M | 287.66M | 187.72M | 153.66M | 170.32M | 128.31M | 133.68M | 149.12M | 149.78M | 174.68M | 221.27M | 192.1M | 220.69M |
| Other Non-Current Assets | 317.97M | -47.99M | -21.87M | 402.5M | 397.13M | 360.8M | 340.09M | 278.82M | 313.32M | 260.92M | 224.76M | 175.47M | 139.13M | 106.1M | 80.53M | 64.28M | 68.51M | 68.06M | 57.35M | 57.71M |
| Total Assets | 7.34B | 6.96B | 6.33B | 5.82B | 5.75B | 5.44B | 5.01B | 4.66B | 7.14B | 6.78B | 6.39B | 6.21B | 5.8B | 5.84B | 5.51B | 5.32B | 5.05B | 4.93B | 4.2B | 3.9B |
| Asset Turnover | 0.18x | 0.23x | 0.22x | 0.21x | 0.19x | 0.23x | 0.24x | 0.18x | 0.13x | 0.15x | 0.15x | 0.16x | 0.14x | 0.16x | 0.15x | 0.18x | 0.15x | 0.19x | 0.20x | 0.19x |
| Asset Growth % | 27.65% | 27.8% | 26.29% | 24.87% | -19.43% | -19.73% | -21.54% | -24.91% | 23.08% | 16.11% | 15.93% | 16.72% | 14.71% | 18.4% | 31.23% | 36.22% | 38.04% | 38.54% | 26.95% | 21.55% |
| Total Current Liabilities | 1.49B | 1.52B | 1.34B | 1.28B | 1.72B | 1.64B | 1.5B | 1.34B | 1.4B | 1.24B | 1.12B | 1.12B | 1.01B | 1.16B | 1.01B | 926.67M | 886.16M | 854.31M | 742.71M | 660.32M |
| Accounts Payable | 228.62M | 209.94M | 171.93M | 241.09M | 195.54M | 197.47M | 178.71M | 148.17M | 164.24M | 109.6M | 139.41M | 155.54M | 55.63M | 277.55M | 163.18M | 194.77M | 152.55M | 172.11M | 114.51M | 122.1M |
| Days Payables Outstanding | 188.81 | 127.88 | 191.91 | 207.63 | 197.49 | 164.62 | 146.82 | 152.88 | 161.39 | 133.48 | 179.04 | 115.87 | 212.27 | 281.58 | 249.57 | 255.95 | 272.3 | 247.14 | 221.4 | 200.18 |
| Short-Term Debt | 0 | 10.21M | 10.39M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 39.38M | 1.07B | 988.17M | 786.35M | 686.85M | 724.83M | 629.29M | 558.16M | 550.15M | 545.01M | 484.09M | 459.96M | 472.56M | 435.86M | 390.76M | 328.99M | 358.82M | 328.26M | 324.33M | 263.41M |
| Current Ratio | 3.68x | 3.32x | 3.20x | 2.85x | 2.04x | 1.97x | 1.87x | 1.92x | 3.47x | 3.75x | 3.91x | 3.81x | 3.95x | 3.54x | 3.80x | 3.91x | 3.71x | 3.65x | 3.94x | 3.97x |
| Quick Ratio | 3.60x | 3.25x | 3.13x | 2.78x | 2.00x | 1.94x | 1.82x | 1.84x | 3.43x | 3.69x | 3.86x | 3.78x | 3.91x | 3.50x | 3.75x | 3.85x | 3.67x | 3.62x | 3.91x | 3.94x |
| Cash Conversion Cycle | -22.12 | -7.47 | -55.82 | -75.17 | -64.11 | -45.13 | -9.41 | -7.74 | -9.85 | -5.48 | -57.67 | -13.58 | -88.87 | -162.75 | -106.89 | -127.48 | -146.82 | -144.31 | -131.84 | -114.06 |
| Total Non-Current Liabilities | 226.6M | 288.2M | 340.43M | 371.83M | 361.51M | 354.85M | 339.56M | 327.69M | 344.88M | 351.89M | 332.11M | 348.79M | 328.94M | 313.79M | 276.97M | 307.3M | 304.99M | 309.04M | 307.46M | 308.44M |
| Long-Term Debt | 0 | 14.51M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 29.41M | 44.71M | 30.88M | 31.76M | 32.64M | 33.54M | 28.22M | 28.75M | 28.93M | 29.16M | 28.86M | 29.49M | 29.7M | 30.08M | 30.48M | 31.16M | 31.39M | 31.63M | 31.38M | 31.84M |
| Deferred Tax Liabilities | 0 | 12.88M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 197.19M | 216.11M | 309.55M | 340.07M | 328.87M | 321.31M | 311.34M | 298.94M | 315.95M | 322.73M | 303.25M | 319.3M | 299.25M | 283.7M | 246.49M | 276.14M | 273.6M | 277.41M | 276.09M | 276.6M |
| Total Liabilities | 1.79B | 1.8B | 1.68B | 1.65B | 2.08B | 2B | 1.84B | 1.66B | 1.74B | 1.59B | 1.46B | 1.47B | 1.34B | 1.47B | 1.28B | 1.23B | 1.19B | 1.16B | 1.05B | 968.76M |
| Total Debt | 33.83M | 69.43M | 41.27M | 42.41M | 43.12M | 43.54M | 36.51M | 37.55M | 37.4M | 38.29M | 38.1M | 39.74M | 40.24M | 41.46M | 42.08M | 43.56M | 44.09M | 44.82M | 43.63M | 45.24M |
| Net Debt | -3.43B | -3.03B | -2.41B | -1.91B | -1.9B | -1.64B | -1.27B | -949.75M | -3.31B | -3.18B | -3.19B | -3.09B | -2.78B | -2.91B | -2.65B | -2.39B | -2.21B | -2.01B | -1.96B | -1.75B |
| Debt / Equity | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.02x |
| Debt / EBITDA | 0.10x | 0.17x | 0.09x | 0.13x | 0.18x | 0.14x | 0.19x | - | 0.33x | 0.17x | 0.16x | 0.18x | 0.82x | 0.37x | 0.31x | 0.16x | 0.31x | 0.33x | 0.17x | 0.27x |
| Net Debt / EBITDA | -10.55x | -7.43x | -5.16x | -5.73x | -7.94x | -5.14x | -6.60x | - | -29.45x | -13.99x | -13.47x | -13.93x | -56.97x | -26.08x | -19.63x | -8.64x | -15.35x | -14.93x | -7.46x | -10.32x |
| Interest Coverage | 603.87x | 671.00x | 815.71x | 940.41x | 355.83x | 749.74x | 203.23x | -592.27x | 550.21x | 338.01x | 376.28x | 424.82x | 111.57x | 121.86x | 232.81x | 339.32x | 104.73x | 160.60x | 478.15x | 480.42x |
| Total Equity | 5.55B | 5.17B | 4.65B | 4.17B | 3.67B | 3.45B | 3.17B | 3B | 5.39B | 5.19B | 4.93B | 4.74B | 4.46B | 4.37B | 4.23B | 4.09B | 3.86B | 3.77B | 3.15B | 2.94B |
| Equity Growth % | 51.39% | 49.89% | 46.67% | 39.17% | -32.01% | -33.57% | -35.69% | -36.78% | 20.88% | 18.76% | 16.68% | 16.05% | 15.52% | 15.92% | 34.24% | 39.14% | 41.62% | 44.37% | 31.7% | 25.22% |
| Book Value per Share | 26.84 | 25.24 | 23.09 | 20.99 | 18.50 | 17.46 | 16.19 | 13.74 | 23.74 | 22.95 | 21.80 | 21.01 | 19.78 | 19.44 | 18.85 | 18.26 | 17.33 | 16.98 | 14.17 | 13.21 |
| Total Shareholders' Equity | 5.55B | 5.17B | 4.65B | 4.17B | 3.67B | 3.45B | 3.17B | 3B | 5.39B | 5.19B | 4.93B | 4.74B | 4.46B | 4.37B | 4.23B | 4.09B | 3.86B | 3.77B | 3.15B | 2.94B |
| Common Stock | 200K | 198K | 196K | 194K | 193K | 193K | 192K | 191K | 224K | 224K | 224K | 223K | 223K | 223K | 222K | 222K | 221K | 221K | 221K | 220K |
| Retained Earnings | 517.1M | 213.77M | -85.51M | -509.68M | -914.68M | -1.07B | -1.27B | -1.38B | 329.93M | 160.38M | -40.69M | -211.96M | -415.51M | -437.21M | -465.68M | -578.45M | -739.88M | -777.87M | -1.34B | -1.52B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 22.31M | 25.46M | 14.55M | 13.44M | -6.24M | -13.12M | 15.65M | -5.42M | -6.17M | 13.11M | 22.89M | 26.81M | 20.94M | 15.07M | -29.06M | -25.7M | -23.05M | -19.45M | -18.65M | -18.27M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |