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Side-by-side financial comparison of BNY Mellon (BK) and Incyte (INCY). Click either name above to swap in a different company.

BNY Mellon is the larger business by last-quarter revenue ($1.3B vs $1.3B, roughly 1.1× Incyte). BNY Mellon runs the higher net margin — 108.5% vs 23.8%, a 84.7% gap on every dollar of revenue. On growth, Incyte posted the faster year-over-year revenue change (19.8% vs 12.7%). Over the past eight quarters, BNY Mellon's revenue compounded faster (13.8% CAGR vs 10.4%).

The Bank of New York Mellon Corporation, commonly known as BNY or by its prior brand name BNY Mellon, is an American international financial services company headquartered in New York City. It was established in its current form in July 2007 by the merger of the Bank of New York and Mellon Financial Corporation.

Incyte Corporation is an American multinational pharmaceutical company with headquarters in Wilmington, Delaware. The company currently operates manufacturing and R&D locations in North America, Europe, and Asia.

BK vs INCY — Head-to-Head

Bigger by revenue
BK
BK
1.1× larger
BK
$1.3B
$1.3B
INCY
Growing faster (revenue YoY)
INCY
INCY
+7.0% gap
INCY
19.8%
12.7%
BK
Higher net margin
BK
BK
84.7% more per $
BK
108.5%
23.8%
INCY
Faster 2-yr revenue CAGR
BK
BK
Annualised
BK
13.8%
10.4%
INCY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BK
BK
INCY
INCY
Revenue
$1.3B
$1.3B
Net Profit
$1.5B
$303.3M
Gross Margin
Operating Margin
23.7%
Net Margin
108.5%
23.8%
Revenue YoY
12.7%
19.8%
Net Profit YoY
26.5%
91.7%
EPS (diluted)
$2.01
$1.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BK
BK
INCY
INCY
Q1 26
$1.3B
Q4 25
$1.3B
$1.5B
Q3 25
$1.2B
$1.4B
Q2 25
$1.2B
$1.2B
Q1 25
$1.2B
$1.1B
Q4 24
$1.2B
$1.2B
Q3 24
$1.0B
$1.1B
Q2 24
$1.0B
$1.0B
Net Profit
BK
BK
INCY
INCY
Q1 26
$303.3M
Q4 25
$1.5B
$299.3M
Q3 25
$1.4B
$424.2M
Q2 25
$1.4B
$405.0M
Q1 25
$1.2B
$158.2M
Q4 24
$1.2B
$201.2M
Q3 24
$1.2B
$106.5M
Q2 24
$1.2B
$-444.6M
Gross Margin
BK
BK
INCY
INCY
Q1 26
Q4 25
92.0%
Q3 25
92.8%
Q2 25
93.5%
Q1 25
93.0%
Q4 24
92.5%
Q3 24
92.4%
Q2 24
92.7%
Operating Margin
BK
BK
INCY
INCY
Q1 26
23.7%
Q4 25
22.3%
Q3 25
32.5%
Q2 25
43.6%
Q1 25
19.5%
Q4 24
25.6%
Q3 24
12.8%
Q2 24
-45.8%
Net Margin
BK
BK
INCY
INCY
Q1 26
23.8%
Q4 25
108.5%
19.9%
Q3 25
116.9%
31.1%
Q2 25
118.3%
33.3%
Q1 25
105.3%
15.0%
Q4 24
96.7%
17.1%
Q3 24
112.8%
9.4%
Q2 24
113.4%
-42.6%
EPS (diluted)
BK
BK
INCY
INCY
Q1 26
$1.47
Q4 25
$2.01
$1.46
Q3 25
$1.88
$2.11
Q2 25
$1.93
$2.04
Q1 25
$1.58
$0.80
Q4 24
$1.53
$0.90
Q3 24
$1.50
$0.54
Q2 24
$1.52
$-2.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BK
BK
INCY
INCY
Cash + ST InvestmentsLiquidity on hand
$5.1B
Total DebtLower is stronger
$31.9B
Stockholders' EquityBook value
$44.3B
$5.6B
Total Assets
$472.3B
$7.3B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BK
BK
INCY
INCY
Q1 26
Q4 25
$5.1B
$3.1B
Q3 25
$5.1B
$2.5B
Q2 25
$5.7B
$2.0B
Q1 25
$5.4B
$1.9B
Q4 24
$4.2B
$1.7B
Q3 24
$6.2B
$1.3B
Q2 24
$5.3B
$987.3M
Total Debt
BK
BK
INCY
INCY
Q1 26
Q4 25
$31.9B
Q3 25
$32.3B
Q2 25
$33.4B
Q1 25
$30.9B
Q4 24
$30.9B
Q3 24
$33.2B
Q2 24
$30.9B
Stockholders' Equity
BK
BK
INCY
INCY
Q1 26
$5.6B
Q4 25
$44.3B
$5.2B
Q3 25
$43.9B
$4.7B
Q2 25
$44.0B
$4.2B
Q1 25
$43.1B
$3.7B
Q4 24
$41.3B
$3.4B
Q3 24
$42.0B
$3.2B
Q2 24
$40.8B
$3.0B
Total Assets
BK
BK
INCY
INCY
Q1 26
$7.3B
Q4 25
$472.3B
$7.0B
Q3 25
$455.3B
$6.3B
Q2 25
$485.8B
$5.8B
Q1 25
$440.7B
$5.7B
Q4 24
$416.1B
$5.4B
Q3 24
$427.5B
$5.0B
Q2 24
$428.5B
$4.7B
Debt / Equity
BK
BK
INCY
INCY
Q1 26
Q4 25
0.72×
Q3 25
0.74×
Q2 25
0.76×
Q1 25
0.72×
Q4 24
0.75×
Q3 24
0.79×
Q2 24
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BK
BK
INCY
INCY
Operating Cash FlowLast quarter
$5.2B
Free Cash FlowOCF − Capex
$4.7B
FCF MarginFCF / Revenue
352.8%
Capex IntensityCapex / Revenue
32.4%
Cash ConversionOCF / Net Profit
3.55×
TTM Free Cash FlowTrailing 4 quarters
$5.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BK
BK
INCY
INCY
Q1 26
Q4 25
$5.2B
$543.3M
Q3 25
$-1.1B
$559.4M
Q2 25
$2.2B
$44.7M
Q1 25
$412.0M
$266.1M
Q4 24
$1.6B
$381.2M
Q3 24
$-312.0M
$310.9M
Q2 24
$2.1B
$-575.6M
Free Cash Flow
BK
BK
INCY
INCY
Q1 26
Q4 25
$4.7B
Q3 25
$-1.5B
Q2 25
$1.8B
Q1 25
$92.0M
Q4 24
$1.1B
Q3 24
$-687.0M
Q2 24
$1.7B
FCF Margin
BK
BK
INCY
INCY
Q1 26
Q4 25
352.8%
Q3 25
-121.5%
Q2 25
152.8%
Q1 25
7.9%
Q4 24
95.2%
Q3 24
-65.6%
Q2 24
169.6%
Capex Intensity
BK
BK
INCY
INCY
Q1 26
Q4 25
32.4%
Q3 25
35.4%
Q2 25
29.8%
Q1 25
27.6%
Q4 24
34.6%
Q3 24
35.8%
Q2 24
37.1%
Cash Conversion
BK
BK
INCY
INCY
Q1 26
Q4 25
3.55×
1.82×
Q3 25
-0.74×
1.32×
Q2 25
1.54×
0.11×
Q1 25
0.34×
1.68×
Q4 24
1.34×
1.89×
Q3 24
-0.26×
2.92×
Q2 24
1.82×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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