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Incyte — Feb 10, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001628280-25-004514
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Showing in the filing
GAAP Research and development expenses
“$1,930 - $1,960 million”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 10
Goal for impactful product launches for FY2030
“more than 10”
Jakafi net revenues for FY2025
“$2,925 - $2,975 million”
Opzelura net revenues for FY2025
“$630 - $670 million”
Other oncology net product revenues for FY2025
“$415 - $455 million”
GAAP Cost of product revenues for FY2025
“8.5% - 9.0% of net product revenues”
Non-GAAP Cost of product revenues for FY2025
“7.5% - 8.0% of net product revenues”
GAAP Research and development expenses for FY2025
“$1,930 - $1,960 million”
Non-GAAP Research and development expenses for FY2025
“$1,780 - $1,805 million”
GAAP Selling, general and administrative exp… for FY2025
“$1,280 - $1,310 million”
Non-GAAP Selling, general and administrative… for FY2025
“$1,160 - $1,185 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
Current Jakafi net product revenues $2,925 - $2,975 million Opzelura net product revenues $630 - $670 million Other oncology net product revenues (1) $415 - $455 million GAAP Cost of product revenues 8.5% - 9.0% of net product revenues Non-GAAP Cost of product revenues (2) 7.5% - 8.0% of net product revenues GAAP Research and development expenses $1,930 - $1,960 million Non-GAAP Research and development expenses (3) $1,780 - $1,805 million GAAP Selling, general and administrative expenses $1,280 - $1,310 million Non-GAAP Selling, general and administrative expenses (3) $1,160 - $1,185 million 1 Pemazyre in the U.S., EU and Japan; Niktimvo, Monjuvi and Zynyz in the U.S.; and Iclusig and Minjuvi in the EU. 2 Adjusted to exclude the amortization of licensed intellectual property for Iclusig relating to the acquisition of the European business of ARIAD Pharmaceuticals, Inc. and the estimated cost of stock-based compensation. 3 Adjusted to exclude the estimated cost of stock-based compensation. Conference Call and Webcast Information Incyte will hold a conference call and webcast this morning at 8:00 a.m. ET. To access the conference call, please dial 877-407-3042 for domestic callers or 201-389-0864 for international callers. When prompted, provide the conference identification number, 13751174. If you are unable to participate, a replay of the conference call will be available for 90 days. The replay dial-in number for the United States is 877-660-6853 and the dial-in number for international callers is 201-612-7415. To access the replay you will ne
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other guidance in this release
Text is the filed exhibit, verbatim.