Incyte (INCY) Revenue — Quarter Ended Jun 30, 2023
Revenue for the reported quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was more pronounced than the year-over-year gain.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the reported quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was more pronounced than the year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$954.6M
Revenue reported for this quarter.
Quarter-over-quarter
+18.0%
Change from the immediately preceding quarter.
Year-over-year
+4.7%
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 |
|---|---|---|
| Sep 30, 2022 | $823.3M | +1.3% |
| Dec 31, 2022 | $926.7M | +7.4% |
| Mar 31, 2023 | $808.7M | +10.3% |
| Jun 30, 2023 | $954.6M | +4.7% |
Revenue performance
The company’s revenue rose in the reported quarter. The increase reflected higher sales versus both the prior quarter and the year-ago period.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was higher. Compared with the same quarter one year earlier, revenue also increased, though at a more moderate pace.
What to watch
The filing discusses potential generic competition for a key product, which could affect future revenue.