Incyte Corporation (INCY) Financial Statements (2023 and Earlier)

Company Profile

Business Address 1801 AUGUSTINE CUT-OFF
WILMINGTON, DE 19803
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 8731 - Commercial Physical and Biological Research (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,3481,8012,1181,4381,170809708
Cash and cash equivalents2,0571,5131,8331,164900652521
Short-term investments291288285274270156186
Restricted cash and investments     01
Inventory, net of allowances, customer advances and progress billings2816117642
Inventory2816117642
Other undisclosed current assets743542353387329182132
Total current assets:3,1192,3602,4811,8321,505994842
Noncurrent Assets
Inventory, Noncurrent29205381518
Finance lease, right-of-use asset282829
Property, plant and equipment72456037832026016886
Long-term investments and receivables221222134991343235
Long-term investments221222134991343235
Intangible assets, net (including goodwill)30632834937139242612
Goodwill156156156156156156 
Intangible assets, net (excluding goodwill)15117219421523727012
Restricted cash and investments22111114
Deferred income tax assets468  
Other noncurrent assets3741491923 
Total noncurrent assets:1,8151,201945814798644165
TOTAL ASSETS:4,9333,5613,4272,6462,3031,6391,007
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities815591460393341254155
Accounts payable1729984104687630
Accrued liabilities53437828622919912787
Employee-related liabilities1091139160755138
Interest and dividends payable  00011
Debt3219 7  
Business combination, contingent consideration, liability373834322720 
Other undisclosed current liabilities      13
Total current liabilities:854631513425375274168
Noncurrent Liabilities
Long-term debt and lease obligation3233321717651620
Long-term debt, excluding current maturities   1717651620
Finance lease, liability323332
Liabilities, other than long-term debt27728628327728029448
Other liabilities70584022201348
Business combination, contingent consideration, liability207228243255260281 
Total noncurrent liabilities:309318315295297946668
Total liabilities:1,1639508287206721,219836
Stockholders' equity
Stockholders' equity attributable to parent3,7702,6112,5981,9261,631419171
Common stock0000000
Additional paid in capital4,5674,3534,0443,8143,6272,0971,951
Accumulated other comprehensive loss(19)(15)(16)(10)(7)(3)(1)
Accumulated deficit(778)(1,726)(1,431)(1,878)(1,990)(1,675)(1,779)
Total stockholders' equity:3,7702,6112,5981,9261,631419171
TOTAL LIABILITIES AND EQUITY:4,9333,5613,4272,6462,3031,6391,007

Income Statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues2,9862,6672,1591,8821,5361,106754
Revenue, net1,5361,106754
Cost of revenue(151)(131)(114)(94)(87)(76)(27)
Cost of goods and services sold    (79)(58)(27)
Gross profit:2,8352,5352,0451,7881,4491,030727
Operating expenses(2,198)(2,733)(1,623)(1,632)(1,693)(885)(676)
Other undisclosed operating loss(52)(66)(20)(26)   
Operating income (loss):586(264)402129(244)14551
Nonoperating income112352321847
Investment income, nonoperating   321847
Other nonoperating income112352    
Interest and debt expense(2)(2)(2)(2)(62)(39)(46)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 1034(44)(24)(3)(5)
Income (loss) from continuing operations before equity method investments, income taxes:595(232)487115(312)1078
Other undisclosed loss from continuing operations before income taxes(24)      
Income (loss) from continuing operations before income taxes:570(232)487115(312)1078
Income tax expense (benefit)378(63)(40)(6)(1)(3)(1)
Net income (loss) available to common stockholders, diluted:949(296)447109(313)1047

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):949(296)447109(313)1047
Other comprehensive income (loss)0(8)(6)(1)(6)(3) 
Comprehensive income (loss):949(304)441109(319)1017
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(4)91021(3)
Comprehensive income (loss), net of tax, attributable to parent:944(296)442109(317)1024

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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