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Side-by-side financial comparison of AMICUS THERAPEUTICS, INC. (FOLD) and FORRESTER RESEARCH, INC. (FORR). Click either name above to swap in a different company.

AMICUS THERAPEUTICS, INC. is the larger business by last-quarter revenue ($185.2M vs $101.1M, roughly 1.8× FORRESTER RESEARCH, INC.). AMICUS THERAPEUTICS, INC. runs the higher net margin — 0.9% vs -33.5%, a 34.4% gap on every dollar of revenue. On growth, AMICUS THERAPEUTICS, INC. posted the faster year-over-year revenue change (23.7% vs -6.5%). AMICUS THERAPEUTICS, INC. produced more free cash flow last quarter ($16.0M vs $-4.3M). Over the past eight quarters, AMICUS THERAPEUTICS, INC.'s revenue compounded faster (29.5% CAGR vs 0.5%).

Amicus Therapeutics, Inc. is a public American biopharmaceutical company based in Philadelphia, Pennsylvania. The company went public in 2007 under the Nasdaq trading symbol FOLD. This followed a 2006 planned offering and subsequent withdrawal, which would have established the trading symbol as AMTX Prior to their IPO, Amicus was funded by a variety of venture capital firms including Radius Ventures, Canaan Partners and New Enterprise Associates.

Forrester Research, Inc. is a research and advisory firm working in research, consulting and events. Forrester’s clients include large global business, technology and consumer enterprises. The firm is headquartered in Cambridge, MA.

FOLD vs FORR — Head-to-Head

Bigger by revenue
FOLD
FOLD
1.8× larger
FOLD
$185.2M
$101.1M
FORR
Growing faster (revenue YoY)
FOLD
FOLD
+30.2% gap
FOLD
23.7%
-6.5%
FORR
Higher net margin
FOLD
FOLD
34.4% more per $
FOLD
0.9%
-33.5%
FORR
More free cash flow
FOLD
FOLD
$20.2M more FCF
FOLD
$16.0M
$-4.3M
FORR
Faster 2-yr revenue CAGR
FOLD
FOLD
Annualised
FOLD
29.5%
0.5%
FORR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FOLD
FOLD
FORR
FORR
Revenue
$185.2M
$101.1M
Net Profit
$1.7M
$-33.9M
Gross Margin
85.7%
56.7%
Operating Margin
8.6%
-36.6%
Net Margin
0.9%
-33.5%
Revenue YoY
23.7%
-6.5%
Net Profit YoY
-88.5%
-7941.4%
EPS (diluted)
$0.00
$-1.75

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
FOLD
FOLD
FORR
FORR
Q4 25
$185.2M
$101.1M
Q3 25
$169.1M
$94.3M
Q2 25
$154.7M
$111.7M
Q1 25
$125.2M
$89.9M
Q4 24
$149.7M
$108.0M
Q3 24
$141.5M
$102.5M
Q2 24
$126.7M
$121.8M
Q1 24
$110.4M
$100.1M
Net Profit
FOLD
FOLD
FORR
FORR
Q4 25
$1.7M
$-33.9M
Q3 25
$17.3M
$-2.1M
Q2 25
$-24.4M
$3.9M
Q1 25
$-21.7M
$-87.3M
Q4 24
$14.7M
$432.0K
Q3 24
$-6.7M
$-5.8M
Q2 24
$-15.7M
$6.3M
Q1 24
$-48.4M
$-6.7M
Gross Margin
FOLD
FOLD
FORR
FORR
Q4 25
85.7%
56.7%
Q3 25
88.5%
60.0%
Q2 25
90.2%
55.5%
Q1 25
90.7%
55.9%
Q4 24
90.1%
58.8%
Q3 24
90.6%
60.5%
Q2 24
91.1%
57.3%
Q1 24
87.7%
54.9%
Operating Margin
FOLD
FOLD
FORR
FORR
Q4 25
8.6%
-36.6%
Q3 25
20.3%
4.7%
Q2 25
-6.1%
6.2%
Q1 25
-6.3%
-97.5%
Q4 24
10.7%
-0.5%
Q3 24
15.3%
-0.7%
Q2 24
11.8%
9.3%
Q1 24
-25.1%
-9.3%
Net Margin
FOLD
FOLD
FORR
FORR
Q4 25
0.9%
-33.5%
Q3 25
10.2%
-2.3%
Q2 25
-15.8%
3.5%
Q1 25
-17.3%
-97.1%
Q4 24
9.8%
0.4%
Q3 24
-4.8%
-5.7%
Q2 24
-12.4%
5.2%
Q1 24
-43.9%
-6.7%
EPS (diluted)
FOLD
FOLD
FORR
FORR
Q4 25
$0.00
$-1.75
Q3 25
$0.06
$-0.11
Q2 25
$-0.08
$0.20
Q1 25
$-0.07
$-4.62
Q4 24
$0.05
$0.02
Q3 24
$-0.02
$-0.30
Q2 24
$-0.05
$0.33
Q1 24
$-0.16
$-0.35

Balance Sheet & Financial Strength

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

Metric
FOLD
FOLD
FORR
FORR
Cash + ST InvestmentsLiquidity on hand
$293.5M
$63.3M
Total DebtLower is stronger
$392.7M
Stockholders' EquityBook value
$274.2M
$126.5M
Total Assets
$949.9M
$404.0M
Debt / EquityLower = less leverage
1.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOLD
FOLD
FORR
FORR
Q4 25
$293.5M
$63.3M
Q3 25
$263.8M
$65.1M
Q2 25
$231.0M
$67.8M
Q1 25
$250.6M
$75.6M
Q4 24
$249.9M
$56.1M
Q3 24
$249.8M
$62.8M
Q2 24
$260.1M
$58.9M
Q1 24
$239.6M
$61.4M
Total Debt
FOLD
FOLD
FORR
FORR
Q4 25
$392.7M
Q3 25
$392.0M
Q2 25
$391.3M
Q1 25
$390.7M
Q4 24
$390.1M
Q3 24
$389.5M
Q2 24
$388.9M
Q1 24
$388.4M
Stockholders' Equity
FOLD
FOLD
FORR
FORR
Q4 25
$274.2M
$126.5M
Q3 25
$230.4M
$157.7M
Q2 25
$204.3M
$159.5M
Q1 25
$193.6M
$147.4M
Q4 24
$194.0M
$229.5M
Q3 24
$178.8M
$234.3M
Q2 24
$132.5M
$237.1M
Q1 24
$130.7M
$230.9M
Total Assets
FOLD
FOLD
FORR
FORR
Q4 25
$949.9M
$404.0M
Q3 25
$868.8M
$414.2M
Q2 25
$815.3M
$436.0M
Q1 25
$789.8M
$439.8M
Q4 24
$785.0M
$503.9M
Q3 24
$786.6M
$505.3M
Q2 24
$749.5M
$524.2M
Q1 24
$721.8M
$555.7M
Debt / Equity
FOLD
FOLD
FORR
FORR
Q4 25
1.43×
Q3 25
1.70×
Q2 25
1.92×
Q1 25
2.02×
Q4 24
2.01×
Q3 24
2.18×
Q2 24
2.93×
Q1 24
2.97×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FOLD
FOLD
FORR
FORR
Operating Cash FlowLast quarter
$16.3M
$-3.2M
Free Cash FlowOCF − Capex
$16.0M
$-4.3M
FCF MarginFCF / Revenue
8.6%
-4.2%
Capex IntensityCapex / Revenue
0.2%
1.1%
Cash ConversionOCF / Net Profit
9.62×
TTM Free Cash FlowTrailing 4 quarters
$29.8M
$18.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOLD
FOLD
FORR
FORR
Q4 25
$16.3M
$-3.2M
Q3 25
$35.7M
$1.2M
Q2 25
$-26.5M
$-3.6M
Q1 25
$7.8M
$26.7M
Q4 24
$-3.9M
$-1.8M
Q3 24
$-23.0M
$264.0K
Q2 24
$22.7M
$-2.9M
Q1 24
$-29.7M
$611.0K
Free Cash Flow
FOLD
FOLD
FORR
FORR
Q4 25
$16.0M
$-4.3M
Q3 25
$35.3M
$524.0K
Q2 25
$-28.9M
$-4.2M
Q1 25
$7.5M
$26.1M
Q4 24
$-4.2M
$-2.5M
Q3 24
$-23.3M
$-223.0K
Q2 24
$21.6M
$-3.7M
Q1 24
$-31.5M
$-815.0K
FCF Margin
FOLD
FOLD
FORR
FORR
Q4 25
8.6%
-4.2%
Q3 25
20.9%
0.6%
Q2 25
-18.7%
-3.8%
Q1 25
6.0%
29.0%
Q4 24
-2.8%
-2.3%
Q3 24
-16.5%
-0.2%
Q2 24
17.0%
-3.1%
Q1 24
-28.5%
-0.8%
Capex Intensity
FOLD
FOLD
FORR
FORR
Q4 25
0.2%
1.1%
Q3 25
0.2%
0.7%
Q2 25
1.6%
0.5%
Q1 25
0.2%
0.7%
Q4 24
0.2%
0.6%
Q3 24
0.3%
0.5%
Q2 24
0.9%
0.7%
Q1 24
1.6%
1.4%
Cash Conversion
FOLD
FOLD
FORR
FORR
Q4 25
9.62×
Q3 25
2.06×
Q2 25
-0.93×
Q1 25
Q4 24
-0.27×
-4.24×
Q3 24
Q2 24
-0.46×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FOLD
FOLD

Other$105.8M57%
Galafold$64.8M35%
Pombiliti Opfolda$14.6M8%

FORR
FORR

Research Segment$82.2M81%
Consulting Segment$16.2M16%
Billable Expenses$1.5M2%
Professional Services$1.4M1%

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