vs
Side-by-side financial comparison of Incyte (INCY) and Legence Corp. (LGN). Click either name above to swap in a different company.
Incyte is the larger business by last-quarter revenue ($1.3B vs $708.0M, roughly 1.8× Legence Corp.). Incyte runs the higher net margin — 23.8% vs -0.1%, a 23.9% gap on every dollar of revenue. On growth, Legence Corp. posted the faster year-over-year revenue change (26.2% vs 19.8%).
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.
Legence Corp is a leading sustainable building and decarbonization solution provider. It delivers energy efficiency optimization, building automation design, renewable energy integration, and low-carbon retrofit services for commercial, industrial, and institutional clients, with core operations across North America to help customers cut costs and reduce carbon footprints.
INCY vs LGN — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $708.0M |
| Net Profit | $303.3M | $-576.0K |
| Gross Margin | — | 20.9% |
| Operating Margin | 23.7% | 5.3% |
| Net Margin | 23.8% | -0.1% |
| Revenue YoY | 19.8% | 26.2% |
| Net Profit YoY | 91.7% | 46.8% |
| EPS (diluted) | $1.47 | $-0.02 |
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.
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.4B | $708.0M | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.1B | $560.8M | ||
| Q2 24 | $1.0B | — |
| Q1 26 | $303.3M | — | ||
| Q4 25 | $299.3M | — | ||
| Q3 25 | $424.2M | $-576.0K | ||
| Q2 25 | $405.0M | — | ||
| Q1 25 | $158.2M | — | ||
| Q4 24 | $201.2M | — | ||
| Q3 24 | $106.5M | $-1.1M | ||
| Q2 24 | $-444.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | 92.0% | — | ||
| Q3 25 | 92.8% | 20.9% | ||
| Q2 25 | 93.5% | — | ||
| Q1 25 | 93.0% | — | ||
| Q4 24 | 92.5% | — | ||
| Q3 24 | 92.4% | 21.1% | ||
| Q2 24 | 92.7% | — |
| Q1 26 | 23.7% | — | ||
| Q4 25 | 22.3% | — | ||
| Q3 25 | 32.5% | 5.3% | ||
| Q2 25 | 43.6% | — | ||
| Q1 25 | 19.5% | — | ||
| Q4 24 | 25.6% | — | ||
| Q3 24 | 12.8% | 4.8% | ||
| Q2 24 | -45.8% | — |
| Q1 26 | 23.8% | — | ||
| Q4 25 | 19.9% | — | ||
| Q3 25 | 31.1% | -0.1% | ||
| Q2 25 | 33.3% | — | ||
| Q1 25 | 15.0% | — | ||
| Q4 24 | 17.1% | — | ||
| Q3 24 | 9.4% | -0.2% | ||
| Q2 24 | -42.6% | — |
| Q1 26 | $1.47 | — | ||
| Q4 25 | $1.46 | — | ||
| Q3 25 | $2.11 | $-0.02 | ||
| Q2 25 | $2.04 | — | ||
| Q1 25 | $0.80 | — | ||
| Q4 24 | $0.90 | — | ||
| Q3 24 | $0.54 | — | ||
| Q2 24 | $-2.04 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $176.0M |
| Total DebtLower is stronger | — | $812.6M |
| Stockholders' EquityBook value | $5.6B | $387.9M |
| Total Assets | $7.3B | $2.6B |
| Debt / EquityLower = less leverage | — | 2.10× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | — | ||
| Q3 25 | $2.5B | $176.0M | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $987.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $812.6M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.2B | — | ||
| Q3 25 | $4.7B | $387.9M | ||
| Q2 25 | $4.2B | — | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $3.4B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.0B | — |
| Q1 26 | $7.3B | — | ||
| Q4 25 | $7.0B | — | ||
| Q3 25 | $6.3B | $2.6B | ||
| Q2 25 | $5.8B | — | ||
| Q1 25 | $5.7B | — | ||
| Q4 24 | $5.4B | — | ||
| Q3 24 | $5.0B | — | ||
| Q2 24 | $4.7B | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 2.10× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $162.1M |
| Free Cash FlowOCF − Capex | — | $137.4M |
| FCF MarginFCF / Revenue | — | 19.4% |
| Capex IntensityCapex / Revenue | — | 3.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $543.3M | — | ||
| Q3 25 | $559.4M | $162.1M | ||
| Q2 25 | $44.7M | — | ||
| Q1 25 | $266.1M | — | ||
| Q4 24 | $381.2M | — | ||
| Q3 24 | $310.9M | — | ||
| Q2 24 | $-575.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $137.4M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 19.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.82× | — | ||
| Q3 25 | 1.32× | — | ||
| Q2 25 | 0.11× | — | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 1.89× | — | ||
| Q3 24 | 2.92× | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INCY
Segment breakdown not available.
LGN
| Installation And Fabrication | $408.7M | 58% |
| Engineering And Design | $110.9M | 16% |
| Program And Project Management | $101.2M | 14% |
| Maintenance And Service | $87.1M | 12% |
