Incyte corp (INCY)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Revenues:
Total revenues

2,229,409

2,158,759

2,107,772

2,005,874

1,997,458

1,881,883

1,797,637

1,729,488

1,534,416

1,536,216

1,418,558

1,306,493

1,226,337

1,105,719

1,023,102

941,244

857,940

753,751

633,844

644,380

580,978

511,495

484,593

371,569

373,662

354,947

371,721

347,090

331,957

297,059

212,102

168,392

98,661

94,455

151,437

151,527

184,563

169,878

0

0

0

Costs and expenses:
Cost of product revenues (including definite-lived intangible amortization)

118,980

114,249

108,400

103,155

98,605

94,123

90,116

87,357

82,761

79,479

76,730

74,899

67,006

58,187

48,281

36,116

30,003

26,972

19,696

11,877

5,810

3,004

744

678

648

630

561

437

296

157

0

0

0

-

-

-

-

-

-

-

-

Research and development

1,968,853

1,154,111

1,145,482

1,156,673

1,165,399

1,197,957

1,340,590

1,317,620

1,221,317

1,326,134

1,040,847

914,474

832,957

581,861

536,908

525,797

517,973

479,514

461,601

418,065

390,303

347,523

323,824

306,991

283,258

260,436

245,181

223,556

214,194

210,391

202,401

196,926

191,385

178,707

159,882

145,887

128,723

123,880

0

0

0

Selling, general and administrative

455,876

468,711

440,892

434,806

436,892

434,407

423,775

418,518

400,555

366,286

364,647

349,158

325,884

303,251

259,629

231,452

216,339

196,614

192,602

184,449

173,669

165,772

155,345

142,346

124,696

109,983

95,685

89,758

86,228

85,363

82,889

76,651

68,790

58,219

47,556

41,732

37,359

32,328

0

0

0

Change in fair value of acquisition-related contingent consideration

19,638

19,682

24,025

25,464

26,159

26,173

28,326

7,263

7,033

7,704

6,098

24,712

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Collaboration loss sharing

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

712

732

592

427

-379

0

0

0

Total costs and expenses

2,565,477

1,756,753

1,718,799

1,720,098

1,727,055

1,752,660

1,882,807

1,830,758

1,711,666

1,779,603

1,487,449

1,368,111

1,250,625

960,721

855,101

795,636

764,315

703,100

673,899

614,391

569,782

516,299

479,913

450,015

408,602

371,049

341,427

313,751

300,718

295,911

285,349

273,605

260,207

237,638

208,169

188,211

166,509

155,829

0

0

0

Income (loss) from operations

-336,068

402,006

388,973

285,776

270,403

129,223

-85,170

-101,270

-177,250

-243,387

-68,891

-61,618

-24,288

144,998

168,001

145,608

93,625

50,651

-40,055

29,989

11,196

-4,804

4,680

-78,446

-34,940

-16,102

30,294

33,339

31,239

1,148

-73,247

-105,213

-161,546

-143,183

-56,732

-36,684

18,054

14,049

0

0

0

Other income (expense), net

51,471

52,182

47,613

45,863

36,671

31,760

26,927

22,210

20,468

17,153

11,302

6,996

4,067

4,412

5,106

6,944

6,951

7,089

6,740

4,599

4,245

3,350

2,905

2,405

1,860

1,324

1,199

841

911

764

607

625

442

462

1,116

1,283

1,293

1,416

0

0

0

Interest expense

2,122

1,855

1,603

1,411

1,493

1,543

1,561

1,360

1,346

6,900

15,997

25,272

34,550

38,745

39,488

41,218

43,050

45,603

47,906

48,160

48,072

46,828

43,244

39,480

38,367

38,652

41,485

45,359

46,496

46,058

45,446

44,892

44,350

43,819

43,304

42,800

42,303

43,323

0

0

0

Unrealized gain (loss) on long term investments

-34,663

34,458

-3,479

-15,767

-45,783

-44,093

-43,843

-10,849

4,218

-24,275

-26,101

-24,845

-6,125

-3,261

-10,792

-7,919

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Expense related to senior note conversions

-

-

-

-

-

-

-

-

-

54,881

0

0

0

-

-

-

-

-

-

-

-

265

1,756

11,527

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on debt redemption

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Income (loss) before provision for income taxes

-321,382

486,791

431,504

314,461

259,798

115,347

-103,647

-91,269

-154,661

-312,290

-154,568

-159,620

-115,026

107,404

153,650

75,775

49,995

7,556

-85,336

13,602

-32,631

-48,547

-54,080

-135,433

-101,130

-82,848

-21,254

-20,950

-14,346

-44,146

-116,084

-146,270

0

-

0

0

-

-31,846

0

0

0

Provision for income taxes

54,685

39,885

26,568

8,668

6,868

5,854

5,538

11,038

12,538

852

72

-5,803

-8,118

3,182

3,123

1,707

1,058

1,025

255

318

252

-66

327

304

305

299

189

207

0

-

0

0

-

-

-

-

-

-

0

0

0

Net (loss) income

-376,048

446,906

404,964

305,869

252,945

109,493

-109,199

-102,321

-167,199

-313,142

-154,640

-153,817

-106,908

104,222

150,527

74,068

48,937

6,531

-85,591

13,284

-32,883

-48,481

-54,407

-135,737

-101,435

-83,147

-21,498

-21,171

-14,563

-44,320

-118,179

-149,547

-205,454

-186,540

-98,920

-77,543

-22,629

-31,846

0

0

0

Basic and diluted net loss per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-0.96

-

-

-

-

-

-

-

-

-

-

-

-0.21

-

-

-0.02

-0.12

-

-0.17

-

-0.36

-

-0.42

-

-0.21

-

-0.26

-

-

Shares used in computing basic and diluted net loss per share (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

195,260

-

-

-

-

-

-

-

-

-

-

-

165,357

-

-

142,284

134,345

-

130

-

127,203

-

126,260

-

-

-

-

-

-

Net income (loss) per share:
Basic

-3.33

0.51

0.60

0.49

0.48

0.32

0.14

0.25

-0.19

-

0.17

-0.06

-

0.04

0.20

0.18

0.13

0.32

-0.22

0.05

-0.11

-

0.35

-0.22

-

-

-0.14

-

-

-

-

0.03

-

-

-

-0.41

-

-

-

0.03

-0.30

Diluted

-3.33

0.51

0.59

0.48

0.47

0.32

0.14

0.24

-0.19

-

0.17

-0.06

-

0.05

0.19

0.18

0.12

0.31

-0.22

0.05

-0.11

-

0.33

-0.22

-

-

-0.14

-

-

-

-

0.03

-

-

-

-0.41

-

-

-

0.02

-0.30

Shares used in computing net income (loss) per share:
Basic

216,721

215,768

215,199

214,620

214,065

213,014

212,627

212,210

211,681

-

206,796

205,141

-

188,597

188,029

187,682

187,184

536,666

181,387

178

172

-

168,592

167,914

-

-

155,067

-

-

-

-

129,224

-

-

-

125,330

123,467

-

122,189

121,630

119,727

Diluted

216,721

218,293

217,791

217,483

217,061

219,792

215,964

215,103

211,681

-

212,610

205,141

-

196,595

194,265

193,015

192,625

567,462

181,387

186

172

-

189,046

167,914

-

-

155,067

-

-

-

-

137,969

-

-

-

125,330

123,467

-

122,189

128,291

119,727

Product revenues, net
Total revenues

1,865,400

1,774,922

1,683,300

1,597,017

1,528,644

1,466,900

1,389,553

1,343,867

1,270,010

1,200,312

1,128,901

1,043,495

963,944

882,404

814,026

738,662

668,952

601,015

525,044

461,622

403,241

357,562

324,367

286,731

256,805

235,443

205,889

189,383

165,011

136,001

0

0

0

-

-

-

-

-

-

-

-

Product royalty revenues
Total revenues

326,509

306,337

286,914

268,754

248,672

234,780

217,906

200,470

179,286

160,791

141,701

126,840

118,029

110,711

101,133

89,645

81,051

74,821

65,882

59,837

54,813

48,966

42,617

38,708

32,168

28,251

0

0

0

-

-

-

-

-

-

0

0

-

0

0

0

Other revenues
Total revenues

-

-

-

-

-

203

178

151

120

113

86

74

66

92

86

80

80

58

61

64

67

110

131

129

165

206

339

398

437

458

346

0

0

-

0

-

-

-

-

-

-

Milestone revenues
Total revenues

-

77,500

97,500

180,000

0

-

0

0

-

175,000

147,870

136,084

144,298

112,512

107,857

112,857

107,857

77,857

42,857

122,857

122,857

104,857

117,478

46,001

84,524

91,047

141,948

141,948

156,948

156,948

116,947

116,947

76,947

91,948

150,949

150,949

183,949

168,948

0

0

0