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Earnings call transcript: Incyte’s Q4 2025 revenue beats estimates, stock dips
Incyte (INCY) reported mixed Q4 2025 results, with revenue of $1.51 billion exceeding estimates by 11.85%, but EPS of $1.80 missing forecasts by 5.76%. Despite the revenue beat and strong 2025 performance, the stock dipped 4.9% in pre-market trading due to investor concerns about the EPS miss. The company provided optimistic 2026 revenue guidance, projecting 10-13% growth and anticipating significant product launches, including Jakafi XR and continued expansion of Opzelura and other hematology/oncology products.