vs
Side-by-side financial comparison of Incyte (INCY) and Life Time Group Holdings, Inc. (LTH). Click either name above to swap in a different company.
Incyte is the larger business by last-quarter revenue ($1.3B vs $745.1M, roughly 1.7× Life Time Group Holdings, Inc.). Incyte runs the higher net margin — 23.8% vs 16.5%, a 7.3% gap on every dollar of revenue. On growth, Incyte posted the faster year-over-year revenue change (19.8% vs 12.3%). Over the past eight quarters, Life Time Group Holdings, Inc.'s revenue compounded faster (11.7% CAGR vs 10.4%).
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.
Life Time Group Holdings, Inc. operates a network of premium athletic, fitness and wellness destinations across the United States. It offers diverse services including state-of-the-art gym facilities, group exercise classes, personal training, spa treatments, nutrition coaching, youth programs and co-working spaces for consumers pursuing holistic healthy lifestyles.
INCY vs LTH — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $745.1M |
| Net Profit | $303.3M | $123.0M |
| Gross Margin | — | 49.1% |
| Operating Margin | 23.7% | 17.4% |
| Net Margin | 23.8% | 16.5% |
| Revenue YoY | 19.8% | 12.3% |
| Net Profit YoY | 91.7% | 231.0% |
| EPS (diluted) | $1.47 | $0.55 |
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.
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | $745.1M | ||
| Q3 25 | $1.4B | $782.6M | ||
| Q2 25 | $1.2B | $761.5M | ||
| Q1 25 | $1.1B | $706.0M | ||
| Q4 24 | $1.2B | $663.3M | ||
| Q3 24 | $1.1B | $693.2M | ||
| Q2 24 | $1.0B | $667.8M |
| Q1 26 | $303.3M | — | ||
| Q4 25 | $299.3M | $123.0M | ||
| Q3 25 | $424.2M | $102.4M | ||
| Q2 25 | $405.0M | $72.1M | ||
| Q1 25 | $158.2M | $76.1M | ||
| Q4 24 | $201.2M | $37.2M | ||
| Q3 24 | $106.5M | $41.4M | ||
| Q2 24 | $-444.6M | $52.8M |
| Q1 26 | — | — | ||
| Q4 25 | 92.0% | 49.1% | ||
| Q3 25 | 92.8% | 47.1% | ||
| Q2 25 | 93.5% | 47.0% | ||
| Q1 25 | 93.0% | 47.5% | ||
| Q4 24 | 92.5% | 48.2% | ||
| Q3 24 | 92.4% | 46.5% | ||
| Q2 24 | 92.7% | 46.8% |
| Q1 26 | 23.7% | — | ||
| Q4 25 | 22.3% | 17.4% | ||
| Q3 25 | 32.5% | 17.3% | ||
| Q2 25 | 43.6% | 14.2% | ||
| Q1 25 | 19.5% | 15.2% | ||
| Q4 24 | 25.6% | 13.1% | ||
| Q3 24 | 12.8% | 13.5% | ||
| Q2 24 | -45.8% | 15.7% |
| Q1 26 | 23.8% | — | ||
| Q4 25 | 19.9% | 16.5% | ||
| Q3 25 | 31.1% | 13.1% | ||
| Q2 25 | 33.3% | 9.5% | ||
| Q1 25 | 15.0% | 10.8% | ||
| Q4 24 | 17.1% | 5.6% | ||
| Q3 24 | 9.4% | 6.0% | ||
| Q2 24 | -42.6% | 7.9% |
| Q1 26 | $1.47 | — | ||
| Q4 25 | $1.46 | $0.55 | ||
| Q3 25 | $2.11 | $0.45 | ||
| Q2 25 | $2.04 | $0.32 | ||
| Q1 25 | $0.80 | $0.34 | ||
| Q4 24 | $0.90 | $0.17 | ||
| Q3 24 | $0.54 | $0.19 | ||
| Q2 24 | $-2.04 | $0.26 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $204.8M |
| Total DebtLower is stronger | — | $1.5B |
| Stockholders' EquityBook value | $5.6B | $3.1B |
| Total Assets | $7.3B | $8.0B |
| Debt / EquityLower = less leverage | — | 0.48× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $204.8M | ||
| Q3 25 | $2.5B | $218.9M | ||
| Q2 25 | $2.0B | $175.5M | ||
| Q1 25 | $1.9B | $59.0M | ||
| Q4 24 | $1.7B | $10.9M | ||
| Q3 24 | $1.3B | $120.9M | ||
| Q2 24 | $987.3M | $34.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.8B |
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.2B | $3.1B | ||
| Q3 25 | $4.7B | $3.0B | ||
| Q2 25 | $4.2B | $2.9B | ||
| Q1 25 | $3.7B | $2.7B | ||
| Q4 24 | $3.4B | $2.6B | ||
| Q3 24 | $3.2B | $2.6B | ||
| Q2 24 | $3.0B | $2.4B |
| Q1 26 | $7.3B | — | ||
| Q4 25 | $7.0B | $8.0B | ||
| Q3 25 | $6.3B | $7.8B | ||
| Q2 25 | $5.8B | $7.6B | ||
| Q1 25 | $5.7B | $7.3B | ||
| Q4 24 | $5.4B | $7.2B | ||
| Q3 24 | $5.0B | $7.2B | ||
| Q2 24 | $4.7B | $7.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.48× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.53× | ||
| Q1 25 | — | 0.56× | ||
| Q4 24 | — | 0.59× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.78× |
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 | — | $239.9M |
| Free Cash FlowOCF − Capex | — | $-64.6M |
| FCF MarginFCF / Revenue | — | -8.7% |
| Capex IntensityCapex / Revenue | — | 40.9% |
| Cash ConversionOCF / Net Profit | — | 1.95× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-21.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $543.3M | $239.9M | ||
| Q3 25 | $559.4M | $251.1M | ||
| Q2 25 | $44.7M | $195.7M | ||
| Q1 25 | $266.1M | $183.9M | ||
| Q4 24 | $381.2M | $163.1M | ||
| Q3 24 | $310.9M | $151.1M | ||
| Q2 24 | $-575.6M | $170.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-64.6M | ||
| Q3 25 | — | $28.6M | ||
| Q2 25 | — | $-26.3M | ||
| Q1 25 | — | $41.4M | ||
| Q4 24 | — | $26.8M | ||
| Q3 24 | — | $64.0M | ||
| Q2 24 | — | $26.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | -8.7% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | -3.5% | ||
| Q1 25 | — | 5.9% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | — | 9.2% | ||
| Q2 24 | — | 3.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 40.9% | ||
| Q3 25 | — | 28.4% | ||
| Q2 25 | — | 29.2% | ||
| Q1 25 | — | 20.2% | ||
| Q4 24 | — | 20.6% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | 21.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.82× | 1.95× | ||
| Q3 25 | 1.32× | 2.45× | ||
| Q2 25 | 0.11× | 2.71× | ||
| Q1 25 | 1.68× | 2.41× | ||
| Q4 24 | 1.89× | 4.39× | ||
| Q3 24 | 2.92× | 3.65× | ||
| Q2 24 | — | 3.23× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INCY
Segment breakdown not available.
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |
