vs

Side-by-side financial comparison of Incyte (INCY) and RUSH ENTERPRISES INC \TX\ (RUSHA). Click either name above to swap in a different company.

RUSH ENTERPRISES INC \TX\ is the larger business by last-quarter revenue ($1.7B vs $1.3B, roughly 1.3× Incyte). Incyte runs the higher net margin — 23.8% vs 3.7%, a 20.2% gap on every dollar of revenue. On growth, Incyte posted the faster year-over-year revenue change (20.9% vs -9.0%). Over the past eight quarters, Incyte's revenue compounded faster (10.4% CAGR vs -6.8%).

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.

Rush Enterprises is an American commercial vehicle dealership headquartered in New Braunfels, Texas. It primarily sells new and used trucks, through its Rush Truck Centers. In 2019, the company operated over 200 Rush Truck Centers in 20 U.S. states as well as 14 locations in Canada. As of 2020, it was a Fortune 500 corporation.

INCY vs RUSHA — Head-to-Head

Bigger by revenue
RUSHA
RUSHA
1.3× larger
RUSHA
$1.7B
$1.3B
INCY
Growing faster (revenue YoY)
INCY
INCY
+29.9% gap
INCY
20.9%
-9.0%
RUSHA
Higher net margin
INCY
INCY
20.2% more per $
INCY
23.8%
3.7%
RUSHA
Faster 2-yr revenue CAGR
INCY
INCY
Annualised
INCY
10.4%
-6.8%
RUSHA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
INCY
INCY
RUSHA
RUSHA
Revenue
$1.3B
$1.7B
Net Profit
$303.3M
$61.7M
Gross Margin
20.4%
Operating Margin
23.7%
4.9%
Net Margin
23.8%
3.7%
Revenue YoY
20.9%
-9.0%
Net Profit YoY
91.7%
1.8%
EPS (diluted)
$1.47
$0.77

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
RUSHA
RUSHA
Q1 26
$1.3B
$1.7B
Q4 25
$1.5B
$1.7B
Q3 25
$1.4B
$1.8B
Q2 25
$1.2B
$1.8B
Q1 25
$1.1B
$1.8B
Q4 24
$1.2B
$1.9B
Q3 24
$1.1B
$1.8B
Q2 24
$1.0B
$1.9B
Net Profit
INCY
INCY
RUSHA
RUSHA
Q1 26
$303.3M
$61.7M
Q4 25
$299.3M
$64.3M
Q3 25
$424.2M
$66.7M
Q2 25
$405.0M
$72.4M
Q1 25
$158.2M
$60.3M
Q4 24
$201.2M
$74.8M
Q3 24
$106.5M
$79.1M
Q2 24
$-444.6M
$78.7M
Gross Margin
INCY
INCY
RUSHA
RUSHA
Q1 26
20.4%
Q4 25
92.0%
20.8%
Q3 25
92.8%
21.0%
Q2 25
93.5%
20.7%
Q1 25
93.0%
20.3%
Q4 24
92.5%
19.3%
Q3 24
92.4%
21.0%
Q2 24
92.7%
20.2%
Operating Margin
INCY
INCY
RUSHA
RUSHA
Q1 26
23.7%
4.9%
Q4 25
22.3%
5.5%
Q3 25
32.5%
5.6%
Q2 25
43.6%
6.0%
Q1 25
19.5%
5.2%
Q4 24
25.6%
5.8%
Q3 24
12.8%
6.7%
Q2 24
-45.8%
6.4%
Net Margin
INCY
INCY
RUSHA
RUSHA
Q1 26
23.8%
3.7%
Q4 25
19.9%
3.8%
Q3 25
31.1%
3.7%
Q2 25
33.3%
3.9%
Q1 25
15.0%
3.4%
Q4 24
17.1%
3.9%
Q3 24
9.4%
4.4%
Q2 24
-42.6%
4.1%
EPS (diluted)
INCY
INCY
RUSHA
RUSHA
Q1 26
$1.47
$0.77
Q4 25
$1.46
$0.81
Q3 25
$2.11
$0.83
Q2 25
$2.04
$0.90
Q1 25
$0.80
$0.73
Q4 24
$0.90
$-95.13
Q3 24
$0.54
$0.97
Q2 24
$-2.04
$97.00

Balance Sheet & Financial Strength

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

Metric
INCY
INCY
RUSHA
RUSHA
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$277.8M
Stockholders' EquityBook value
$5.6B
$2.3B
Total Assets
$7.3B
$4.5B
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INCY
INCY
RUSHA
RUSHA
Q1 26
Q4 25
$3.1B
$212.6M
Q3 25
$2.5B
$242.0M
Q2 25
$2.0B
$211.1M
Q1 25
$1.9B
$228.7M
Q4 24
$1.7B
$228.1M
Q3 24
$1.3B
$185.1M
Q2 24
$987.3M
$167.3M
Total Debt
INCY
INCY
RUSHA
RUSHA
Q1 26
$277.8M
Q4 25
$274.8M
Q3 25
Q2 25
Q1 25
Q4 24
$408.4M
Q3 24
Q2 24
Stockholders' Equity
INCY
INCY
RUSHA
RUSHA
Q1 26
$5.6B
$2.3B
Q4 25
$5.2B
$2.2B
Q3 25
$4.7B
$2.2B
Q2 25
$4.2B
$2.2B
Q1 25
$3.7B
$2.2B
Q4 24
$3.4B
$2.1B
Q3 24
$3.2B
$2.1B
Q2 24
$3.0B
$2.0B
Total Assets
INCY
INCY
RUSHA
RUSHA
Q1 26
$7.3B
$4.5B
Q4 25
$7.0B
$4.4B
Q3 25
$6.3B
$4.6B
Q2 25
$5.8B
$4.7B
Q1 25
$5.7B
$4.7B
Q4 24
$5.4B
$4.6B
Q3 24
$5.0B
$4.6B
Q2 24
$4.7B
$4.5B
Debt / Equity
INCY
INCY
RUSHA
RUSHA
Q1 26
0.12×
Q4 25
0.12×
Q3 25
Q2 25
Q1 25
Q4 24
0.19×
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
RUSHA
RUSHA
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$411.6M
FCF MarginFCF / Revenue
24.4%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$828.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INCY
INCY
RUSHA
RUSHA
Q1 26
Q4 25
$543.3M
$112.9M
Q3 25
$559.4M
$367.8M
Q2 25
$44.7M
$227.6M
Q1 25
$266.1M
$153.5M
Q4 24
$381.2M
$392.3M
Q3 24
$310.9M
$111.7M
Q2 24
$-575.6M
$270.6M
Free Cash Flow
INCY
INCY
RUSHA
RUSHA
Q1 26
$411.6M
Q4 25
$31.9M
Q3 25
$271.2M
Q2 25
$113.8M
Q1 25
$45.1M
Q4 24
$263.5M
Q3 24
$-20.0M
Q2 24
$177.2M
FCF Margin
INCY
INCY
RUSHA
RUSHA
Q1 26
24.4%
Q4 25
1.9%
Q3 25
15.2%
Q2 25
6.2%
Q1 25
2.6%
Q4 24
13.7%
Q3 24
-1.1%
Q2 24
9.1%
Capex Intensity
INCY
INCY
RUSHA
RUSHA
Q1 26
2.0%
Q4 25
4.8%
Q3 25
5.4%
Q2 25
6.2%
Q1 25
6.2%
Q4 24
6.7%
Q3 24
7.3%
Q2 24
4.8%
Cash Conversion
INCY
INCY
RUSHA
RUSHA
Q1 26
Q4 25
1.82×
1.75×
Q3 25
1.32×
5.51×
Q2 25
0.11×
3.14×
Q1 25
1.68×
2.55×
Q4 24
1.89×
5.25×
Q3 24
2.92×
1.41×
Q2 24
3.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INCY
INCY

Segment breakdown not available.

RUSHA
RUSHA

New and used commercial vehicle sales$955.1M57%
Aftermarket products and services sales$627.2M37%
Lease and rental sales$92.3M5%
Finance and insurance$5.6M0%

Related Comparisons