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Side-by-side financial comparison of Incyte (INCY) and KB HOME (KBH). Click either name above to swap in a different company.

KB HOME is the larger business by last-quarter revenue ($1.7B vs $1.3B, roughly 1.3× Incyte). Incyte runs the higher net margin — 23.8% vs 6.0%, a 17.8% gap on every dollar of revenue. On growth, Incyte posted the faster year-over-year revenue change (20.9% vs -15.3%). Over the past eight quarters, Incyte's revenue compounded faster (10.4% CAGR vs 7.4%).

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.

KB Home is an American homebuilding company founded in 1957 as Kaufman & Broad in Detroit, Michigan. It was the first company to be traded on the New York Stock Exchange as a home builder. Its headquarters are in Los Angeles, California.

INCY vs KBH — Head-to-Head

Bigger by revenue
KBH
KBH
1.3× larger
KBH
$1.7B
$1.3B
INCY
Growing faster (revenue YoY)
INCY
INCY
+36.2% gap
INCY
20.9%
-15.3%
KBH
Higher net margin
INCY
INCY
17.8% more per $
INCY
23.8%
6.0%
KBH
Faster 2-yr revenue CAGR
INCY
INCY
Annualised
INCY
10.4%
7.4%
KBH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
INCY
INCY
KBH
KBH
Revenue
$1.3B
$1.7B
Net Profit
$303.3M
$101.5M
Gross Margin
Operating Margin
23.7%
Net Margin
23.8%
6.0%
Revenue YoY
20.9%
-15.3%
Net Profit YoY
91.7%
-46.7%
EPS (diluted)
$1.47
$1.55

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
INCY
INCY
KBH
KBH
Q1 26
$1.3B
Q4 25
$1.5B
$1.7B
Q3 25
$1.4B
$1.6B
Q2 25
$1.2B
$1.5B
Q1 25
$1.1B
$1.4B
Q4 24
$1.2B
$2.0B
Q3 24
$1.1B
$1.8B
Q2 24
$1.0B
$1.7B
Net Profit
INCY
INCY
KBH
KBH
Q1 26
$303.3M
Q4 25
$299.3M
$101.5M
Q3 25
$424.2M
$109.8M
Q2 25
$405.0M
$107.9M
Q1 25
$158.2M
$109.6M
Q4 24
$201.2M
$190.6M
Q3 24
$106.5M
$157.3M
Q2 24
$-444.6M
$168.4M
Gross Margin
INCY
INCY
KBH
KBH
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
INCY
INCY
KBH
KBH
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
INCY
INCY
KBH
KBH
Q1 26
23.8%
Q4 25
19.9%
6.0%
Q3 25
31.1%
6.8%
Q2 25
33.3%
7.1%
Q1 25
15.0%
7.9%
Q4 24
17.1%
9.5%
Q3 24
9.4%
9.0%
Q2 24
-42.6%
9.9%
EPS (diluted)
INCY
INCY
KBH
KBH
Q1 26
$1.47
Q4 25
$1.46
$1.55
Q3 25
$2.11
$1.61
Q2 25
$2.04
$1.50
Q1 25
$0.80
$1.49
Q4 24
$0.90
$2.50
Q3 24
$0.54
$2.04
Q2 24
$-2.04
$2.15

Balance Sheet & Financial Strength

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

Metric
INCY
INCY
KBH
KBH
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$5.6B
$3.9B
Total Assets
$7.3B
$6.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INCY
INCY
KBH
KBH
Q1 26
Q4 25
$3.1B
Q3 25
$2.5B
Q2 25
$2.0B
Q1 25
$1.9B
Q4 24
$1.7B
Q3 24
$1.3B
Q2 24
$987.3M
Stockholders' Equity
INCY
INCY
KBH
KBH
Q1 26
$5.6B
Q4 25
$5.2B
$3.9B
Q3 25
$4.7B
$3.9B
Q2 25
$4.2B
$4.0B
Q1 25
$3.7B
$4.1B
Q4 24
$3.4B
$4.1B
Q3 24
$3.2B
$4.0B
Q2 24
$3.0B
$4.0B
Total Assets
INCY
INCY
KBH
KBH
Q1 26
$7.3B
Q4 25
$7.0B
$6.7B
Q3 25
$6.3B
$7.0B
Q2 25
$5.8B
$7.0B
Q1 25
$5.7B
$7.0B
Q4 24
$5.4B
$6.9B
Q3 24
$5.0B
$6.8B
Q2 24
$4.7B
$6.8B

Cash Flow & Capital Efficiency

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

Metric
INCY
INCY
KBH
KBH
Operating Cash FlowLast quarter
$303.8M
Free Cash FlowOCF − Capex
$290.1M
FCF MarginFCF / Revenue
17.1%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
2.99×
TTM Free Cash FlowTrailing 4 quarters
$287.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INCY
INCY
KBH
KBH
Q1 26
Q4 25
$543.3M
$303.8M
Q3 25
$559.4M
$197.7M
Q2 25
$44.7M
$168.4M
Q1 25
$266.1M
$-334.3M
Q4 24
$381.2M
$362.6M
Q3 24
$310.9M
$-89.9M
Q2 24
$-575.6M
$61.5M
Free Cash Flow
INCY
INCY
KBH
KBH
Q1 26
Q4 25
$290.1M
Q3 25
$185.8M
Q2 25
$156.9M
Q1 25
$-345.5M
Q4 24
$352.6M
Q3 24
$-99.4M
Q2 24
$51.2M
FCF Margin
INCY
INCY
KBH
KBH
Q1 26
Q4 25
17.1%
Q3 25
11.5%
Q2 25
10.3%
Q1 25
-24.8%
Q4 24
17.6%
Q3 24
-5.7%
Q2 24
3.0%
Capex Intensity
INCY
INCY
KBH
KBH
Q1 26
Q4 25
0.8%
Q3 25
0.7%
Q2 25
0.8%
Q1 25
0.8%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
0.6%
Cash Conversion
INCY
INCY
KBH
KBH
Q1 26
Q4 25
1.82×
2.99×
Q3 25
1.32×
1.80×
Q2 25
0.11×
1.56×
Q1 25
1.68×
-3.05×
Q4 24
1.89×
1.90×
Q3 24
2.92×
-0.57×
Q2 24
0.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INCY
INCY

Segment breakdown not available.

KBH
KBH

Home Building$1.7B99%
Financial Service$8.7M1%

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