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Side-by-side financial comparison of Incyte (INCY) and Roper Technologies (ROP). Click either name above to swap in a different company.

Roper Technologies is the larger business by last-quarter revenue ($2.1B vs $1.3B, roughly 1.6× Incyte). Incyte runs the higher net margin — 23.8% vs 15.8%, a 8.0% gap on every dollar of revenue. On growth, Incyte posted the faster year-over-year revenue change (20.9% vs 11.3%). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% 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.

INCY vs ROP — Head-to-Head

Bigger by revenue
ROP
ROP
1.6× larger
ROP
$2.1B
$1.3B
INCY
Growing faster (revenue YoY)
INCY
INCY
+9.6% gap
INCY
20.9%
11.3%
ROP
Higher net margin
INCY
INCY
8.0% more per $
INCY
23.8%
15.8%
ROP
Faster 2-yr revenue CAGR
ROP
ROP
Annualised
ROP
10.5%
10.4%
INCY

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
INCY
INCY
ROP
ROP
Revenue
$1.3B
$2.1B
Net Profit
$303.3M
$331.0M
Gross Margin
69.4%
Operating Margin
23.7%
27.2%
Net Margin
23.8%
15.8%
Revenue YoY
20.9%
11.3%
Net Profit YoY
91.7%
53.7%
EPS (diluted)
$1.47
$4.87

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
ROP
ROP
Q1 26
$1.3B
$2.1B
Q4 25
$1.5B
$2.1B
Q3 25
$1.4B
$2.0B
Q2 25
$1.2B
$1.9B
Q1 25
$1.1B
$1.9B
Q4 24
$1.2B
$1.9B
Q3 24
$1.1B
$1.8B
Q2 24
$1.0B
$1.7B
Net Profit
INCY
INCY
ROP
ROP
Q1 26
$303.3M
$331.0M
Q4 25
$299.3M
$428.4M
Q3 25
$424.2M
$398.5M
Q2 25
$405.0M
$378.3M
Q1 25
$158.2M
$331.1M
Q4 24
$201.2M
$462.3M
Q3 24
$106.5M
$367.9M
Q2 24
$-444.6M
$337.1M
Gross Margin
INCY
INCY
ROP
ROP
Q1 26
69.4%
Q4 25
92.0%
69.5%
Q3 25
92.8%
69.5%
Q2 25
93.5%
69.2%
Q1 25
93.0%
68.7%
Q4 24
92.5%
68.3%
Q3 24
92.4%
69.2%
Q2 24
92.7%
69.5%
Operating Margin
INCY
INCY
ROP
ROP
Q1 26
23.7%
27.2%
Q4 25
22.3%
28.6%
Q3 25
32.5%
28.4%
Q2 25
43.6%
28.2%
Q1 25
19.5%
27.9%
Q4 24
25.6%
28.0%
Q3 24
12.8%
28.1%
Q2 24
-45.8%
28.8%
Net Margin
INCY
INCY
ROP
ROP
Q1 26
23.8%
15.8%
Q4 25
19.9%
20.8%
Q3 25
31.1%
19.8%
Q2 25
33.3%
19.5%
Q1 25
15.0%
17.6%
Q4 24
17.1%
24.6%
Q3 24
9.4%
20.8%
Q2 24
-42.6%
19.6%
EPS (diluted)
INCY
INCY
ROP
ROP
Q1 26
$1.47
$4.87
Q4 25
$1.46
$3.97
Q3 25
$2.11
$3.68
Q2 25
$2.04
$3.49
Q1 25
$0.80
$3.06
Q4 24
$0.90
$4.29
Q3 24
$0.54
$3.40
Q2 24
$-2.04
$3.12

Balance Sheet & Financial Strength

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

Metric
INCY
INCY
ROP
ROP
Cash + ST InvestmentsLiquidity on hand
$382.9M
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$5.6B
$18.8B
Total Assets
$7.3B
$34.6B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INCY
INCY
ROP
ROP
Q1 26
$382.9M
Q4 25
$3.1B
$297.4M
Q3 25
$2.5B
$320.0M
Q2 25
$2.0B
$242.4M
Q1 25
$1.9B
$372.8M
Q4 24
$1.7B
$188.2M
Q3 24
$1.3B
$269.6M
Q2 24
$987.3M
$251.5M
Total Debt
INCY
INCY
ROP
ROP
Q1 26
$9.7B
Q4 25
$9.3B
Q3 25
Q2 25
Q1 25
Q4 24
$7.6B
Q3 24
Q2 24
Stockholders' Equity
INCY
INCY
ROP
ROP
Q1 26
$5.6B
$18.8B
Q4 25
$5.2B
$19.9B
Q3 25
$4.7B
$20.0B
Q2 25
$4.2B
$19.6B
Q1 25
$3.7B
$19.2B
Q4 24
$3.4B
$18.9B
Q3 24
$3.2B
$18.5B
Q2 24
$3.0B
$18.1B
Total Assets
INCY
INCY
ROP
ROP
Q1 26
$7.3B
$34.6B
Q4 25
$7.0B
$34.6B
Q3 25
$6.3B
$34.6B
Q2 25
$5.8B
$33.2B
Q1 25
$5.7B
$31.4B
Q4 24
$5.4B
$31.3B
Q3 24
$5.0B
$31.6B
Q2 24
$4.7B
$29.8B
Debt / Equity
INCY
INCY
ROP
ROP
Q1 26
0.52×
Q4 25
0.47×
Q3 25
Q2 25
Q1 25
Q4 24
0.40×
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
INCY
INCY
ROP
ROP
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$507.0M
FCF MarginFCF / Revenue
24.2%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INCY
INCY
ROP
ROP
Q1 26
Q4 25
$543.3M
$738.0M
Q3 25
$559.4M
$869.5M
Q2 25
$44.7M
$404.1M
Q1 25
$266.1M
$528.7M
Q4 24
$381.2M
$722.2M
Q3 24
$310.9M
$755.4M
Q2 24
$-575.6M
$384.1M
Free Cash Flow
INCY
INCY
ROP
ROP
Q1 26
$507.0M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
INCY
INCY
ROP
ROP
Q1 26
24.2%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
INCY
INCY
ROP
ROP
Q1 26
0.5%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
INCY
INCY
ROP
ROP
Q1 26
Q4 25
1.82×
1.72×
Q3 25
1.32×
2.18×
Q2 25
0.11×
1.07×
Q1 25
1.68×
1.60×
Q4 24
1.89×
1.56×
Q3 24
2.92×
2.05×
Q2 24
1.14×

Financial Flow Comparison

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

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