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INCYTE CORP (INCY)

SEC filings, insider trading & institutional ownership from EDGAR.

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Incyte is a global biopharmaceutical company headquartered in Wilmington, Delaware, with additional operations in Morges, Switzerland; Tokyo, Japan; and Montreal, Canada, focused on the discovery, development, and commercialization of proprietary therapeutics across three therapeutic areas: Hematology, Oncology, and Inflammation and Autoimmunity (IAI). Its hematology franchise includes four approved products—JAKAFI (ruxolitinib), approved for myelofibrosis, polycythemia vera, and acute/chronic graft-versus-host disease (GVHD), marketed in the U.S. with Novartis holding ex-U.S. rights under the JAKAVI brand; ICLUSIG (ponatinib) for chronic myeloid leukemia and Ph+ ALL in Europe; MONJUVI/MINJUVI (tafasitamab), now fully owned after a 2024 buyout from MorphoSys, approved for relapsed/refractory DLBCL and, more recently, follicular lymphoma; and NIKTIMVO (axatilimab-csfr), developed with Syndax, approved for chronic GVHD after prior systemic therapies. Pipeline hematology programs include a once-daily extended-release ruxolitinib formulation awaiting FDA resubmission decision, INCA033989 (an anti-mutant calreticulin antibody with Breakthrough Therapy designation for essential thrombocythemia, also being studied in myelofibrosis), INCA035784 (a mutCALRxCD3 bispecific), and INCB160058 (a JAK2V617F-specific inhibitor), alongside advancing combination studies of axatilimab and positive Phase 3 results for tafasitamab in first-line DLBCL.

The oncology franchise includes PEMAZYRE (pemigatinib), approved for FGFR2-altered cholangiocarcinoma and FGFR1-rearranged myeloid/lymphoid neoplasms, and ZYNYZ (retifanlimab-dlwr), a PD-1 antibody licensed from MacroGenics, approved for Merkel cell carcinoma and squamous cell carcinoma of the anal canal. Oncology pipeline candidates include INCB123667 (a CDK2 inhibitor for ovarian cancer with Phase 2/3 trials underway), INCB161734 (a KRAS G12D inhibitor for pancreatic cancer), and INCA33890 (a TGFβR2xPD-1 bispecific for colorectal cancer, developed using Merus’s platform, now in Phase 3). The IAI franchise centers on OPZELURA (ruxolitinib cream), approved for atopic dermatitis (including pediatric patients) and nonsegmental vitiligo, with pipeline programs including ruxolitinib cream for hidradenitis suppurativa (Phase 3 ongoing) and previously prurigo nodularis (paused after FDA feedback), povorcitinib (an oral JAK1 inhibitor with positive Phase 3 results in hidradenitis suppurativa, pending regulatory submissions, and ongoing studies in vitiligo, prurigo nodularis, and asthma), and zilurgisertib for fibrodysplasia ossificans progressiva.

Incyte also maintains partnered programs, including OLUMIANT (baricitinib), licensed to Eli Lilly for rheumatoid arthritis, atopic dermatitis, alopecia areata, COVID-19, and recently Type 1 diabetes (amended in October 2025 for a $100 million upfront payment and restructured royalties), and TABRECTA (capmatinib), licensed to Novartis for MET exon 14-mutant non-small cell lung cancer. The company's business model relies on extensive in-house drug discovery capabilities spanning small molecules, biologics, degraders, and bispecific/multispecific antibodies, complemented by strategic collaborations, with a focused pipeline strategy emphasizing targeted oncology, myeloid diseases, and dermatology, supported by integrated development, manufacturing, regulatory, and commercial operations.

AI-summarized from Item 1 (Business) of the company's most recent 10-K filing.

RevenueFY2025
$5.14B
▲ 21.2%YoY
Net incomeFY2025
$1.29B
▲ 3845.0%YoY
Diluted EPSFY2025
$6.41
▲ 4173.3%YoY
Insider net6 mo
+324.8K
shares15 sells0 buys
Institutions
45
$12.28B held

Financials

As reported to the SEC via XBRL, no adjustments

All financials →
Revenue & net income
$2B$4B$6B
FY2022FY2023FY2024FY2025
RevenueNet income
FY2025 highlightsfrom 10-K
Operating income$1.51B
Diluted EPS$6.41
Net margin25.0%

Latest filings

10-K, 10-Q, 8-K, Form 4 & 13D/G. Sourced directly from SEC EDGAR

All filings →
FormFiledAccession
8-KAug 31, 2026EDGAR
4Basi Ramitpal KAug 27, 2026EDGAR
4CAGNONI PABLO JAug 20, 2026EDGAR
4CAGNONI PABLO JAug 14, 2026EDGAR
4CAGNONI PABLO JAug 7, 2026EDGAR
4Mayes Patrick AAug 7, 2026EDGAR
4CAGNONI PABLO JAug 4, 2026EDGAR
4Mayes Patrick AAug 4, 2026EDGAR

Insider trading

From Form 4 filings

All →
InsiderDateType
Basi Ramitpal KAug 25, 2026Tax withholding
CAGNONI PABLO JAug 19, 2026Sell
CAGNONI PABLO JAug 12, 2026Sell
CAGNONI PABLO JAug 5, 2026Sell
Mayes Patrick AAug 5, 2026Sell

Top holders

13F & 13D/G · latest quarter

All →
HolderStakeFiledValue
BlackRock, Inc.9.0%Aug 7, 2026$2.04B
Dodge & Cox6.0%Aug 13, 2026$1.36B
Vanguard Capital Management5.5%Aug 13, 2026$1.25B
STATE STREET CORPORATION4.9%Aug 7, 2026$1.10B
Vanguard Portfolio Management3.9%Aug 13, 2026$883.20M

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Data as of Sep 15, 2026Source: SEC EDGAR.