INCYTE CORP
For the period ended Mar 31, 2024. Filed Apr 30, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 30, 2024
INCY$120.30-1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
(unaudited, in thousands, except per share amounts)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenues: | ||
| Product revenues, net | $729,923 | $693,237 |
| Product royalty revenues | 125,966 | 115,436 |
| Milestone and contract revenues | 25,000 | — |
| Total revenues | 880,889 | 808,673 |
| Costs, expenses and other: | ||
| Cost of product revenues (including definite-lived intangible amortization) | 60,956 | 56,822 |
| Research and development | 429,260 | 406,641 |
| Selling, general and administrative | 300,256 | 315,606 |
| (Gain) loss on change in fair value of acquisition-related contingent consideration | (456) | 6,196 |
| (Profit) and loss sharing under collaboration agreements | (1,025) | (1,362) |
| Total costs, expenses and other | 788,991 | 783,903 |
| Income from operations | 91,898 | 24,770 |
| Interest income and other, net | 44,744 | 32,873 |
| Interest expense | (430) | (469) |
| Unrealized gain (loss) on long term investments | 99,947 | (5,318) |
| Income before provision for income taxes | 236,159 | 51,856 |
| Provision for income taxes | 66,611 | 30,153 |
| Net income | $169,548 | $21,703 |
| Net income per share: | ||
| Basic | $0.76 | $0.10 |
| Diluted | $0.75 | $0.10 |
| Shares used in computing net income per share: | ||
| Basic | 224,484 | 222,960 |
| Diluted | 227,219 | 225,589 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.