Filing Flows › Incyte (INCY) › Free cash flow
Incyte (INCY) free cash flow by quarter
Incyte's free cash flow was $521M in Q4 2025 (fourth quarter 2025), -4% from Q3 2025. Over the last 4 quarters it ranged from $25.7M (Q2 2025) to $545M (Q3 2025).
| Quarter | Free cash flow | Q/Q | Y/Y |
|---|---|---|---|
| Q4 2025 | $521M | -4% | — |
| Q3 2025 | $545M | 21× | — |
| Q2 2025 | $25.7M | -90% | — |
| Q1 2025 | $263M | — | — |
Q4 2025 at a glance
Incyte, Q4 2025: revenue $1.5B (+28% year over year), operating margin 22.3%, net earnings $299M, operating cash flow $543M. The chart follows the revenue to costs, profit and cash.
Questions
What is Incyte's free cash flow?
Incyte's free cash flow was $521M in Q4 2025 (fourth quarter 2025), -4% from Q3 2025.
How has Incyte's free cash flow changed?
Over the last 4 quarters it ranged from $25.7M (Q2 2025) to $545M (Q3 2025).