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Side-by-side financial comparison of Incyte (INCY) and PROG Holdings, Inc. (PRG). Click either name above to swap in a different company.

Incyte is the larger business by last-quarter revenue ($1.3B vs $651.6M, roughly 2.0× PROG Holdings, Inc.). Incyte runs the higher net margin — 23.8% vs 5.5%, a 18.3% gap on every dollar of revenue. On growth, PROG Holdings, Inc. posted the faster year-over-year revenue change (457.1% vs 20.9%). Over the past eight quarters, Incyte's revenue compounded faster (10.4% CAGR vs 4.9%).

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.

PROG Holdings, Inc. is a U.S.-based financial technology firm providing flexible lease-to-own and point-of-sale financing solutions to consumers. Operating primarily in the U.S. market, its core segments include retail partner financing, consumer lending, and payment services that help customers access electronics and household goods without traditional credit requirements.

INCY vs PRG — Head-to-Head

Bigger by revenue
INCY
INCY
2.0× larger
INCY
$1.3B
$651.6M
PRG
Growing faster (revenue YoY)
PRG
PRG
+436.2% gap
PRG
457.1%
20.9%
INCY
Higher net margin
INCY
INCY
18.3% more per $
INCY
23.8%
5.5%
PRG
Faster 2-yr revenue CAGR
INCY
INCY
Annualised
INCY
10.4%
4.9%
PRG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
INCY
INCY
PRG
PRG
Revenue
$1.3B
$651.6M
Net Profit
$303.3M
$36.1M
Gross Margin
Operating Margin
23.7%
10.0%
Net Margin
23.8%
5.5%
Revenue YoY
20.9%
457.1%
Net Profit YoY
91.7%
3.8%
EPS (diluted)
$1.47
$3.68

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
PRG
PRG
Q1 26
$1.3B
$651.6M
Q4 25
$1.5B
$525.4M
Q3 25
$1.4B
$595.1M
Q2 25
$1.2B
$604.7M
Q1 25
$1.1B
$684.1M
Q4 24
$1.2B
$558.9M
Q3 24
$1.1B
$606.1M
Q2 24
$1.0B
$592.2M
Net Profit
INCY
INCY
PRG
PRG
Q1 26
$303.3M
$36.1M
Q4 25
$299.3M
$40.5M
Q3 25
$424.2M
$33.1M
Q2 25
$405.0M
$38.5M
Q1 25
$158.2M
$34.7M
Q4 24
$201.2M
$57.5M
Q3 24
$106.5M
$84.0M
Q2 24
$-444.6M
$33.8M
Gross Margin
INCY
INCY
PRG
PRG
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
PRG
PRG
Q1 26
23.7%
10.0%
Q4 25
22.3%
6.9%
Q3 25
32.5%
9.0%
Q2 25
43.6%
10.0%
Q1 25
19.5%
8.2%
Q4 24
25.6%
8.9%
Q3 24
12.8%
8.1%
Q2 24
-45.8%
9.4%
Net Margin
INCY
INCY
PRG
PRG
Q1 26
23.8%
5.5%
Q4 25
19.9%
7.7%
Q3 25
31.1%
5.6%
Q2 25
33.3%
6.4%
Q1 25
15.0%
5.1%
Q4 24
17.1%
10.3%
Q3 24
9.4%
13.9%
Q2 24
-42.6%
5.7%
EPS (diluted)
INCY
INCY
PRG
PRG
Q1 26
$1.47
$3.68
Q4 25
$1.46
$0.99
Q3 25
$2.11
$0.82
Q2 25
$2.04
$0.95
Q1 25
$0.80
$0.83
Q4 24
$0.90
$1.33
Q3 24
$0.54
$1.94
Q2 24
$-2.04
$0.77

Balance Sheet & Financial Strength

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

Metric
INCY
INCY
PRG
PRG
Cash + ST InvestmentsLiquidity on hand
$69.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.6B
$774.4M
Total Assets
$7.3B
$2.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INCY
INCY
PRG
PRG
Q1 26
$69.4M
Q4 25
$3.1B
$308.8M
Q3 25
$2.5B
$292.6M
Q2 25
$2.0B
$222.0M
Q1 25
$1.9B
$213.3M
Q4 24
$1.7B
$90.9M
Q3 24
$1.3B
$221.7M
Q2 24
$987.3M
$250.1M
Total Debt
INCY
INCY
PRG
PRG
Q1 26
Q4 25
$594.9M
Q3 25
Q2 25
Q1 25
Q4 24
$643.6M
Q3 24
Q2 24
Stockholders' Equity
INCY
INCY
PRG
PRG
Q1 26
$5.6B
$774.4M
Q4 25
$5.2B
$746.4M
Q3 25
$4.7B
$703.6M
Q2 25
$4.2B
$668.7M
Q1 25
$3.7B
$654.4M
Q4 24
$3.4B
$650.3M
Q3 24
$3.2B
$630.8M
Q2 24
$3.0B
$581.9M
Total Assets
INCY
INCY
PRG
PRG
Q1 26
$7.3B
$2.0B
Q4 25
$7.0B
$1.6B
Q3 25
$6.3B
$1.5B
Q2 25
$5.8B
$1.5B
Q1 25
$5.7B
$1.5B
Q4 24
$5.4B
$1.5B
Q3 24
$5.0B
$1.4B
Q2 24
$4.7B
$1.5B
Debt / Equity
INCY
INCY
PRG
PRG
Q1 26
Q4 25
0.80×
Q3 25
Q2 25
Q1 25
Q4 24
0.99×
Q3 24
Q2 24

Financial Flow Comparison

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

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