Reports Q1 revenue $1.27B, consensus $1.22B. “Our first quarter represented a strong start to 2026, driven by 20% year-over-year net sales growth and strong commercial execution,” said Bill Meury, Chief Executive Officer, Incyte (INCY). “At the same time, we are making significant progress toward building a more durable, growth oriented portfolio with four anticipated product approvals and launches over the next 12 months, positive registrational data for povorcitinib in vitiligo and a late stage pipeline that now includes 10 Phase 3 studies underway, including the initiation of a pivotal trial of our G12D inhibitor in first line pancreatic ductal adenocarcinoma.”
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INCY:
- INCY Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Incyte, BNY Mellon, Quantum-Si, Jabil, Levi Shock
- Incyte to announce full results from Phase 3 tafasitamab study at ASCO
- Bullish View on Povorcitinib’s Broad HS Adoption and Manageable JAK Safety Supports $135 Target
- Incyte price target raised to $95 from $92 at RBC Capital
