INCYNEUTRAL

INCY Gross Margin Analysis

91.8%

Updated 84h ago·SEC filings & market data

Key Takeaway

Gross margin is the percentage of revenue a company keeps after paying for the direct costs of producing its products; INCY’s 91.8% means that for every dollar of sales, roughly 91.8 cents is gross profit.

Sector Performance

99th percentile

INCY

91.8%

Sector Median

44.6%

Sector Avg

45.5%

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Deep Analysis

Compared to its sector peers, where the median gross margin is 44.4%, INCY sits at the 99th percentile—far above the typical peer. The available data shows no year-over-year change, no quarter-over-quarter change, and no trend direction for the last eight quarters, so there is no insight into how this margin has shifted over time. A very high gross margin, combined with an absence of trend information, suggests a competitive advantage in pricing or cost structure but leaves the direction of future profitability unclear, creating uncertainty rather than clear opportunity or risk. This metric does not contradict the overall NEUTRAL verdict: the strong margin is a clear positive, but the lack of trend data and the neutral rating imply that other elements of the business offset this strength.

Frequently Asked Questions

What does the Gross Margin tell investors about INCY?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

Who are INCY's closest peers by Gross Margin?

The closest peers by Gross Margin include: LLY (81.9%), MSCI (82.7%), SYF (82.7%), EA (82.8%), THC (83.4%).

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Learn More About Gross Margin

Gross Margin vs Net Margin: Why the Gap Between Them Tells You Everything

Gross margin vs net margin: learn what the spread between them reveals about operating leverage, cost structure, and early warning signs in any stock.

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.