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Compared to Estimates, Incyte (INCY) Q2 Earnings: A Look at Key Metrics

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For the quarter ended June 2026, Incyte (INCY - Free Report) reported revenue of $1.67 billion, up 37.7% over the same period last year. EPS came in at $3.09, compared to $1.57 in the year-ago quarter.

The reported revenue represents a surprise of +14.71% over the Zacks Consensus Estimate of $1.46 billion. With the consensus EPS estimate being $2.00, the EPS surprise was +54.5%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

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- Net sales: $1.49 billion versus $1.29 billion estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +40.5% change.
  • Revenues- Product royalty revenues: $174.69 million versus the eight-analyst average estimate of $162.52 million. The reported number represents a year-over-year change of +15.6%.
  • Net sales- Iclusig: $34.39 million versus $35.49 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +5.1% change.
  • Net sales- Pemazyre: $23.42 million compared to the $22.42 million average estimate based on eight analysts. The reported number represents a change of +5.5% year over year.
  • Net sales- Minjuvi/ Monjuvi: $53.69 million versus the eight-analyst average estimate of $50.59 million. The reported number represents a year-over-year change of +72.5%.
  • Net sales- Opzelura: $449.74 million versus $277.8 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +173.4% change.
  • Net sales- Jakafi: $816.66 million versus the eight-analyst average estimate of $797.99 million. The reported number represents a year-over-year change of +6.9%.
  • Net sales- Niktimvo: $60.31 million versus the seven-analyst average estimate of $63.8 million. The reported number represents a year-over-year change of +66.8%.
  • Net sales- Zynyz: $49.95 million compared to the $43.83 million average estimate based on seven analysts. The reported number represents a change of +459.9% year over year.
  • Royalty revenues- Olumiant: $38.48 million versus the seven-analyst average estimate of $36.87 million. The reported number represents a year-over-year change of +14.9%.
  • Royalty revenues- Tabrecta: $6.69 million versus $7.11 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +0.9% change.
  • Royalty revenues- Jakavi: $124.19 million versus the seven-analyst average estimate of $116.95 million. The reported number represents a year-over-year change of +13.2%.

View all Key Company Metrics for Incyte here>>>

Shares of Incyte have returned +3.7% over the past month versus the Zacks S&P 500 composite's +1.7% 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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