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Side-by-side financial comparison of Incyte (INCY) and Noble Corp plc (NE). Click either name above to swap in a different company.
Incyte is the larger business by last-quarter revenue ($1.3B vs $764.4M, roughly 1.7× Noble Corp plc). Incyte runs the higher net margin — 23.8% vs 11.3%, a 12.5% gap on every dollar of revenue. On growth, Incyte posted the faster year-over-year revenue change (20.9% vs -17.6%). Over the past eight quarters, Incyte's revenue compounded faster (10.4% CAGR vs 9.5%).
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.
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
INCY vs NE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $764.4M |
| Net Profit | $303.3M | $86.6M |
| Gross Margin | — | — |
| Operating Margin | 23.7% | 5.6% |
| Net Margin | 23.8% | 11.3% |
| Revenue YoY | 20.9% | -17.6% |
| Net Profit YoY | 91.7% | -10.4% |
| EPS (diluted) | $1.47 | $0.54 |
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 | $764.4M | ||
| Q3 25 | $1.4B | $798.0M | ||
| Q2 25 | $1.2B | $848.7M | ||
| Q1 25 | $1.1B | $874.5M | ||
| Q4 24 | $1.2B | $927.3M | ||
| Q3 24 | $1.1B | $800.5M | ||
| Q2 24 | $1.0B | $692.8M |
| Q1 26 | $303.3M | — | ||
| Q4 25 | $299.3M | $86.6M | ||
| Q3 25 | $424.2M | $-21.1M | ||
| Q2 25 | $405.0M | $42.9M | ||
| Q1 25 | $158.2M | $108.3M | ||
| Q4 24 | $201.2M | $96.6M | ||
| Q3 24 | $106.5M | $61.2M | ||
| Q2 24 | $-444.6M | $195.0M |
| 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% | — |
| Q1 26 | 23.7% | — | ||
| Q4 25 | 22.3% | 5.6% | ||
| Q3 25 | 32.5% | 6.3% | ||
| Q2 25 | 43.6% | 15.9% | ||
| Q1 25 | 19.5% | 21.4% | ||
| Q4 24 | 25.6% | 18.4% | ||
| Q3 24 | 12.8% | 14.4% | ||
| Q2 24 | -45.8% | 30.3% |
| Q1 26 | 23.8% | — | ||
| Q4 25 | 19.9% | 11.3% | ||
| Q3 25 | 31.1% | -2.6% | ||
| Q2 25 | 33.3% | 5.1% | ||
| Q1 25 | 15.0% | 12.4% | ||
| Q4 24 | 17.1% | 10.4% | ||
| Q3 24 | 9.4% | 7.6% | ||
| Q2 24 | -42.6% | 28.1% |
| Q1 26 | $1.47 | — | ||
| Q4 25 | $1.46 | $0.54 | ||
| Q3 25 | $2.11 | $-0.13 | ||
| Q2 25 | $2.04 | $0.27 | ||
| Q1 25 | $0.80 | $0.67 | ||
| Q4 24 | $0.90 | $0.56 | ||
| Q3 24 | $0.54 | $0.40 | ||
| Q2 24 | $-2.04 | $1.34 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $471.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.6B | $4.5B |
| Total Assets | $7.3B | $7.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $471.4M | ||
| Q3 25 | $2.5B | $477.9M | ||
| Q2 25 | $2.0B | $338.2M | ||
| Q1 25 | $1.9B | $303.8M | ||
| Q4 24 | $1.7B | $247.3M | ||
| Q3 24 | $1.3B | $391.9M | ||
| Q2 24 | $987.3M | $162.9M |
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.2B | $4.5B | ||
| Q3 25 | $4.7B | $4.5B | ||
| Q2 25 | $4.2B | $4.6B | ||
| Q1 25 | $3.7B | $4.7B | ||
| Q4 24 | $3.4B | $4.7B | ||
| Q3 24 | $3.2B | $4.7B | ||
| Q2 24 | $3.0B | $4.0B |
| Q1 26 | $7.3B | — | ||
| Q4 25 | $7.0B | $7.5B | ||
| Q3 25 | $6.3B | $7.6B | ||
| Q2 25 | $5.8B | $7.7B | ||
| Q1 25 | $5.7B | $7.9B | ||
| Q4 24 | $5.4B | $8.0B | ||
| Q3 24 | $5.0B | $8.0B | ||
| Q2 24 | $4.7B | $5.6B |
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 | — | $187.1M |
| Free Cash FlowOCF − Capex | — | $35.4M |
| FCF MarginFCF / Revenue | — | 4.6% |
| Capex IntensityCapex / Revenue | — | 19.9% |
| Cash ConversionOCF / Net Profit | — | 2.16× |
| TTM Free Cash FlowTrailing 4 quarters | — | $432.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $543.3M | $187.1M | ||
| Q3 25 | $559.4M | $277.1M | ||
| Q2 25 | $44.7M | $216.4M | ||
| Q1 25 | $266.1M | $271.1M | ||
| Q4 24 | $381.2M | $136.2M | ||
| Q3 24 | $310.9M | $283.8M | ||
| Q2 24 | $-575.6M | $106.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $35.4M | ||
| Q3 25 | — | $139.5M | ||
| Q2 25 | — | $99.8M | ||
| Q1 25 | — | $157.5M | ||
| Q4 24 | — | $-4.4M | ||
| Q3 24 | — | $156.8M | ||
| Q2 24 | — | $-34.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 17.5% | ||
| Q2 25 | — | 11.8% | ||
| Q1 25 | — | 18.0% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | — | 19.6% | ||
| Q2 24 | — | -4.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 19.9% | ||
| Q3 25 | — | 17.3% | ||
| Q2 25 | — | 13.7% | ||
| Q1 25 | — | 13.0% | ||
| Q4 24 | — | 15.2% | ||
| Q3 24 | — | 15.9% | ||
| Q2 24 | — | 20.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.82× | 2.16× | ||
| Q3 25 | 1.32× | — | ||
| Q2 25 | 0.11× | 5.05× | ||
| Q1 25 | 1.68× | 2.50× | ||
| Q4 24 | 1.89× | 1.41× | ||
| Q3 24 | 2.92× | 4.64× | ||
| Q2 24 | — | 0.55× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INCY
Segment breakdown not available.
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
