Incyte (INCY) Revenue — Quarter Ended Mar 31, 2023
Revenue dropped from the preceding quarter but posted a gain over the same quarter last year.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue dropped from the preceding quarter but posted a gain over the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$808.7M
Revenue reported for this quarter.
Quarter-over-quarter
-12.7%
Change from the immediately preceding quarter.
Year-over-year
+10.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $911.4M | +29.1% |
| Sep 30, 2022 | $823.3M | +1.3% |
| Dec 31, 2022 | $926.7M | +7.4% |
| Mar 31, 2023 | $808.7M | +10.3% |
Revenue performance
The current quarter's revenue is lower than the prior quarter's figure and higher than the year-ago quarter's figure.
Quarterly comparison
The quarter-over-quarter decrease was substantial, while the year-over-year increase was solid.
What to watch
Observe if the sequential revenue decline reverses in the coming quarters.