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Compared to Estimates, Incyte (INCY) Q1 Earnings: A Look at Key Metrics

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Incyte (INCY - Free Report) reported $1.27 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 20.9%. EPS of $1.81 for the same period compares to $1.16 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.22 billion, representing a surprise of +4.21%. The company delivered an EPS surprise of +31.29%, with the consensus EPS estimate being $1.38.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Incyte performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenues- Product royalty revenues: $151.19 million versus $140.68 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +15.8% change.
  • Net product revenues- Pemazyre: $22.54 million compared to the $22.02 million average estimate based on seven analysts. The reported number represents a change of +22.3% year over year.
  • Revenues- Product revenues: $1.1 billion versus the seven-analyst average estimate of $1.08 billion. The reported number represents a year-over-year change of +19.8%.
  • Net product revenues- Iclusig: $35.46 million versus the seven-analyst average estimate of $32.75 million. The reported number represents a year-over-year change of +20%.
  • Net product revenues- Minjuvi/ Monjuvi: $49.23 million compared to the $43.6 million average estimate based on seven analysts. The reported number represents a change of +66.6% year over year.
  • Net product revenues- Opzelura: $143.02 million versus $160.41 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +20.5% change.
  • Net product revenues- Jakafi: $757.76 million versus $735.64 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +6.8% change.
  • Net product revenues - Niktimvo: $55.09 million versus the six-analyst average estimate of $56.03 million.
  • Royalty revenues- Other: $3.25 million versus the six-analyst average estimate of $1.39 million.
  • Net product revenues- Zynyz: $41.39 million versus the six-analyst average estimate of $30.75 million. The reported number represents a year-over-year change of +1275.6%.
  • Royalty revenues- Olumiant: $36.41 million versus the six-analyst average estimate of $35.26 million. The reported number represents a year-over-year change of +18.2%.
  • Royalty revenues- Tabrecta: $5.98 million compared to the $6.79 million average estimate based on six analysts. The reported number represents a change of -6.7% year over year.

View all Key Company Metrics for Incyte here>>>

Shares of Incyte have returned +6% over the past month versus the Zacks S&P 500 composite's +12.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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