INCY
Incyte Corporation97.03
-1.61-1.63%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
19.05BP/E (TTM)
16.45Basic EPS (TTM)
5.90Dividend Yield
0%Recent Filings
8-K
8-K
CFO departure announced
Incyte Corporation's Executive Vice President and Chief Financial Officer, Christiana Stamoulis, announced her departure effective September 16, 2025, to pursue another opportunity, while staying on until then for a smooth handover. The company has begun searching for a successor. This leadership shift arrives amid ongoing operations. No successor named yet.
10-Q
Q2 FY2025 results
Incyte's Q2 FY2025 results showed revenue climbing 16.5% y/y to $1.22B, fueled by JAKAFI's 8.2% y/y gain to $763.8M and OPZELURA's 35.1% y/y surge to $164.5M, while NIKTIMVO kicked off with $36.2M in its first full quarter post-launch. Gross margins held steady at 93.5%, but operating income exploded to $530.3M from a $478.1M loss y/y, thanks to a $242.3M contract dispute settlement gain with Novartis that slashed royalty burdens. Diluted EPS jumped to $2.04 from a $2.04 loss, reconciling neatly with 198.7M shares; free cash flow wasn't disclosed in the 10-Q. Cash swelled to $2.4B with no debt, bolstered by $310.8M operating cash flow y/y, while the Escient acquisition's IPR&D hit faded. Patent challenges from generics loom large for JAKAFI and OPZELURA.
8-K
Incyte Q2 revenues surge 16%
Incyte Corporation reported Q2 2025 revenues of $1.2 billion, up 16% year-over-year, fueled by Jakafi's $764 million (up 8%) and Opzelura's $164 million (up 35%), while Niktimvo launched with $36 million. The company settled its Novartis dispute, slashing Jakafi royalties 50% from January 2025 after a $280 million payment, yet boosted full-year Jakafi guidance to $3.0-3.05 billion and oncology to $500-520 million. Bill Meury stepped in as CEO on June 26. FDA nods for Zynyz and Monjuvi expand oncology reach. Strong launches offset royalty hit.
8-K
Incyte appoints new CEO amid retirement
Incyte Corporation announced on June 26, 2025, the retirement of CEO Hervé Hoppenot, who will advise during a one-year transition at his $1.4M base salary rate, tapering to 50% thereafter, while retaining board membership. William J. Meury, ex-CEO of Anthos Therapeutics and Karuna Therapeutics, steps in as new CEO with $1.25M salary, 100% target bonus, and $12M in 2025 equity plus 125,000 sign-on performance shares tied to stock hurdles. This leadership shift injects commercial firepower yet risks execution hiccups amid biotech volatility.
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