vs
Side-by-side financial comparison of Incyte (INCY) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $1.3B, roughly 1.1× Incyte). Incyte runs the higher net margin — 23.8% vs 3.1%, a 20.7% gap on every dollar of revenue. On growth, Incyte posted the faster year-over-year revenue change (20.9% vs 2.6%). Over the past eight quarters, Incyte's revenue compounded faster (10.4% CAGR vs 2.7%).
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.
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
INCY vs SEE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $1.4B |
| Net Profit | $303.3M | $43.8M |
| Gross Margin | — | 28.6% |
| Operating Margin | 23.7% | 11.4% |
| Net Margin | 23.8% | 3.1% |
| Revenue YoY | 20.9% | 2.6% |
| Net Profit YoY | 91.7% | 700.0% |
| EPS (diluted) | $1.47 | $0.30 |
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 | $1.4B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $1.0B | $1.3B |
| Q1 26 | $303.3M | — | ||
| Q4 25 | $299.3M | $43.8M | ||
| Q3 25 | $424.2M | $255.1M | ||
| Q2 25 | $405.0M | $93.1M | ||
| Q1 25 | $158.2M | $113.5M | ||
| Q4 24 | $201.2M | $-7.3M | ||
| Q3 24 | $106.5M | $91.7M | ||
| Q2 24 | $-444.6M | $98.3M |
| Q1 26 | — | — | ||
| Q4 25 | 92.0% | 28.6% | ||
| Q3 25 | 92.8% | 29.8% | ||
| Q2 25 | 93.5% | 30.7% | ||
| Q1 25 | 93.0% | 30.9% | ||
| Q4 24 | 92.5% | 30.0% | ||
| Q3 24 | 92.4% | 30.1% | ||
| Q2 24 | 92.7% | 31.2% |
| Q1 26 | 23.7% | — | ||
| Q4 25 | 22.3% | 11.4% | ||
| Q3 25 | 32.5% | 13.8% | ||
| Q2 25 | 43.6% | 15.0% | ||
| Q1 25 | 19.5% | 14.5% | ||
| Q4 24 | 25.6% | 11.7% | ||
| Q3 24 | 12.8% | 13.9% | ||
| Q2 24 | -45.8% | 15.4% |
| Q1 26 | 23.8% | — | ||
| Q4 25 | 19.9% | 3.1% | ||
| Q3 25 | 31.1% | 19.0% | ||
| Q2 25 | 33.3% | 7.0% | ||
| Q1 25 | 15.0% | 9.0% | ||
| Q4 24 | 17.1% | -0.5% | ||
| Q3 24 | 9.4% | 6.9% | ||
| Q2 24 | -42.6% | 7.4% |
| Q1 26 | $1.47 | — | ||
| Q4 25 | $1.46 | $0.30 | ||
| Q3 25 | $2.11 | $1.73 | ||
| Q2 25 | $2.04 | $0.63 | ||
| Q1 25 | $0.80 | $0.77 | ||
| Q4 24 | $0.90 | $-0.05 | ||
| Q3 24 | $0.54 | $0.63 | ||
| Q2 24 | $-2.04 | $0.67 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $344.0M |
| Total DebtLower is stronger | — | $3.3B |
| Stockholders' EquityBook value | $5.6B | $1.2B |
| Total Assets | $7.3B | $7.0B |
| Debt / EquityLower = less leverage | — | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $344.0M | ||
| Q3 25 | $2.5B | $282.5M | ||
| Q2 25 | $2.0B | $354.4M | ||
| Q1 25 | $1.9B | $335.2M | ||
| Q4 24 | $1.7B | $371.8M | ||
| Q3 24 | $1.3B | $386.0M | ||
| Q2 24 | $987.3M | $388.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B |
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.2B | $1.2B | ||
| Q3 25 | $4.7B | $1.2B | ||
| Q2 25 | $4.2B | $953.1M | ||
| Q1 25 | $3.7B | $797.9M | ||
| Q4 24 | $3.4B | $624.5M | ||
| Q3 24 | $3.2B | $771.2M | ||
| Q2 24 | $3.0B | $650.1M |
| Q1 26 | $7.3B | — | ||
| Q4 25 | $7.0B | $7.0B | ||
| Q3 25 | $6.3B | $7.1B | ||
| Q2 25 | $5.8B | $7.2B | ||
| Q1 25 | $5.7B | $7.0B | ||
| Q4 24 | $5.4B | $7.0B | ||
| Q3 24 | $5.0B | $7.3B | ||
| Q2 24 | $4.7B | $7.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.65× | ||
| Q3 25 | — | 3.34× | ||
| Q2 25 | — | 4.18× | ||
| Q1 25 | — | 5.26× | ||
| Q4 24 | — | 6.72× | ||
| Q3 24 | — | 5.62× | ||
| Q2 24 | — | 6.81× |
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 | — | $293.6M |
| Free Cash FlowOCF − Capex | — | $257.7M |
| FCF MarginFCF / Revenue | — | 18.5% |
| Capex IntensityCapex / Revenue | — | 2.6% |
| Cash ConversionOCF / Net Profit | — | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | — | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $543.3M | $293.6M | ||
| Q3 25 | $559.4M | $165.9M | ||
| Q2 25 | $44.7M | $136.6M | ||
| Q1 25 | $266.1M | $31.9M | ||
| Q4 24 | $381.2M | $244.2M | ||
| Q3 24 | $310.9M | $170.5M | ||
| Q2 24 | $-575.6M | $188.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $257.7M | ||
| Q3 25 | — | $119.6M | ||
| Q2 25 | — | $93.2M | ||
| Q1 25 | — | $-12.0M | ||
| Q4 24 | — | $185.1M | ||
| Q3 24 | — | $115.2M | ||
| Q2 24 | — | $129.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 18.5% | ||
| Q3 25 | — | 8.9% | ||
| Q2 25 | — | 7.0% | ||
| Q1 25 | — | -0.9% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 8.6% | ||
| Q2 24 | — | 9.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 3.5% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 4.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.82× | 6.70× | ||
| Q3 25 | 1.32× | 0.65× | ||
| Q2 25 | 0.11× | 1.47× | ||
| Q1 25 | 1.68× | 0.28× | ||
| Q4 24 | 1.89× | — | ||
| Q3 24 | 2.92× | 1.86× | ||
| Q2 24 | — | 1.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INCY
Segment breakdown not available.
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
