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Side-by-side financial comparison of Incyte (INCY) and RENAISSANCERE HOLDINGS LTD (RNR). Click either name above to swap in a different company.

RENAISSANCERE HOLDINGS LTD is the larger business by last-quarter revenue ($2.2B vs $1.3B, roughly 1.7× Incyte). Incyte runs the higher net margin — 23.8% vs 23.5%, a 0.3% gap on every dollar of revenue. On growth, Incyte posted the faster year-over-year revenue change (20.9% vs -36.8%). Over the past eight quarters, Incyte's revenue compounded faster (10.4% CAGR vs -11.9%).

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.

RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.

INCY vs RNR — Head-to-Head

Bigger by revenue
RNR
RNR
1.7× larger
RNR
$2.2B
$1.3B
INCY
Growing faster (revenue YoY)
INCY
INCY
+57.6% gap
INCY
20.9%
-36.8%
RNR
Higher net margin
INCY
INCY
0.3% more per $
INCY
23.8%
23.5%
RNR
Faster 2-yr revenue CAGR
INCY
INCY
Annualised
INCY
10.4%
-11.9%
RNR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
INCY
INCY
RNR
RNR
Revenue
$1.3B
$2.2B
Net Profit
$303.3M
$515.8M
Gross Margin
Operating Margin
23.7%
Net Margin
23.8%
23.5%
Revenue YoY
20.9%
-36.8%
Net Profit YoY
91.7%
72.6%
EPS (diluted)
$1.47
$6.57

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
RNR
RNR
Q1 26
$1.3B
$2.2B
Q4 25
$1.5B
$3.0B
Q3 25
$1.4B
$3.2B
Q2 25
$1.2B
$3.2B
Q1 25
$1.1B
$3.5B
Q4 24
$1.2B
$2.3B
Q3 24
$1.1B
$4.0B
Q2 24
$1.0B
$2.8B
Net Profit
INCY
INCY
RNR
RNR
Q1 26
$303.3M
$515.8M
Q4 25
$299.3M
$760.5M
Q3 25
$424.2M
$916.5M
Q2 25
$405.0M
$835.4M
Q1 25
$158.2M
$170.0M
Q4 24
$201.2M
$-189.7M
Q3 24
$106.5M
$1.2B
Q2 24
$-444.6M
$503.9M
Gross Margin
INCY
INCY
RNR
RNR
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
RNR
RNR
Q1 26
23.7%
Q4 25
22.3%
42.5%
Q3 25
32.5%
46.3%
Q2 25
43.6%
41.8%
Q1 25
19.5%
-2.0%
Q4 24
25.6%
-3.6%
Q3 24
12.8%
43.7%
Q2 24
-45.8%
25.0%
Net Margin
INCY
INCY
RNR
RNR
Q1 26
23.8%
23.5%
Q4 25
19.9%
25.6%
Q3 25
31.1%
28.7%
Q2 25
33.3%
26.1%
Q1 25
15.0%
4.9%
Q4 24
17.1%
-8.3%
Q3 24
9.4%
29.8%
Q2 24
-42.6%
17.8%
EPS (diluted)
INCY
INCY
RNR
RNR
Q1 26
$1.47
$6.57
Q4 25
$1.46
$16.16
Q3 25
$2.11
$19.40
Q2 25
$2.04
$17.20
Q1 25
$0.80
$3.27
Q4 24
$0.90
$-3.76
Q3 24
$0.54
$22.62
Q2 24
$-2.04
$9.41

Balance Sheet & Financial Strength

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

Metric
INCY
INCY
RNR
RNR
Cash + ST InvestmentsLiquidity on hand
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$5.6B
$4.3B
Total Assets
$7.3B
$53.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INCY
INCY
RNR
RNR
Q1 26
$1.6B
Q4 25
$3.1B
$1.7B
Q3 25
$2.5B
$1.7B
Q2 25
$2.0B
$1.4B
Q1 25
$1.9B
$1.6B
Q4 24
$1.7B
$1.7B
Q3 24
$1.3B
$1.6B
Q2 24
$987.3M
$1.6B
Total Debt
INCY
INCY
RNR
RNR
Q1 26
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.8B
Q4 24
$1.9B
Q3 24
$1.9B
Q2 24
$2.0B
Stockholders' Equity
INCY
INCY
RNR
RNR
Q1 26
$5.6B
$4.3B
Q4 25
$5.2B
$11.6B
Q3 25
$4.7B
$11.5B
Q2 25
$4.2B
$10.8B
Q1 25
$3.7B
$10.3B
Q4 24
$3.4B
$10.6B
Q3 24
$3.2B
$11.2B
Q2 24
$3.0B
$10.2B
Total Assets
INCY
INCY
RNR
RNR
Q1 26
$7.3B
$53.7B
Q4 25
$7.0B
$53.8B
Q3 25
$6.3B
$54.5B
Q2 25
$5.8B
$54.7B
Q1 25
$5.7B
$53.6B
Q4 24
$5.4B
$50.7B
Q3 24
$5.0B
$52.8B
Q2 24
$4.7B
$51.6B
Debt / Equity
INCY
INCY
RNR
RNR
Q1 26
Q4 25
0.20×
Q3 25
0.19×
Q2 25
0.21×
Q1 25
0.27×
Q4 24
0.18×
Q3 24
0.17×
Q2 24
0.19×

Financial Flow Comparison

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

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