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

AMICUS THERAPEUTICS, INC. is the larger business by last-quarter revenue ($185.2M vs $104.0M, roughly 1.8× NICOLET BANKSHARES INC). NICOLET BANKSHARES INC runs the higher net margin — 38.8% vs 0.9%, a 37.9% gap on every dollar of revenue. On growth, AMICUS THERAPEUTICS, INC. posted the faster year-over-year revenue change (23.7% vs 12.5%). NICOLET BANKSHARES INC produced more free cash flow last quarter ($149.4M vs $16.0M). Over the past eight quarters, AMICUS THERAPEUTICS, INC.'s revenue compounded faster (29.5% CAGR vs 12.5%).

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.

Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.

FOLD vs NIC — Head-to-Head

Bigger by revenue
FOLD
FOLD
1.8× larger
FOLD
$185.2M
$104.0M
NIC
Growing faster (revenue YoY)
FOLD
FOLD
+11.2% gap
FOLD
23.7%
12.5%
NIC
Higher net margin
NIC
NIC
37.9% more per $
NIC
38.8%
0.9%
FOLD
More free cash flow
NIC
NIC
$133.5M more FCF
NIC
$149.4M
$16.0M
FOLD
Faster 2-yr revenue CAGR
FOLD
FOLD
Annualised
FOLD
29.5%
12.5%
NIC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FOLD
FOLD
NIC
NIC
Revenue
$185.2M
$104.0M
Net Profit
$1.7M
$40.3M
Gross Margin
85.7%
Operating Margin
8.6%
48.3%
Net Margin
0.9%
38.8%
Revenue YoY
23.7%
12.5%
Net Profit YoY
-88.5%
16.9%
EPS (diluted)
$0.00
$2.63

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
NIC
NIC
Q4 25
$185.2M
$104.0M
Q3 25
$169.1M
$102.9M
Q2 25
$154.7M
$95.7M
Q1 25
$125.2M
$89.4M
Q4 24
$149.7M
$92.4M
Q3 24
$141.5M
$90.7M
Q2 24
$126.7M
$85.0M
Q1 24
$110.4M
$82.2M
Net Profit
FOLD
FOLD
NIC
NIC
Q4 25
$1.7M
$40.3M
Q3 25
$17.3M
$41.7M
Q2 25
$-24.4M
$36.0M
Q1 25
$-21.7M
$32.6M
Q4 24
$14.7M
$34.5M
Q3 24
$-6.7M
$32.5M
Q2 24
$-15.7M
$29.3M
Q1 24
$-48.4M
$27.8M
Gross Margin
FOLD
FOLD
NIC
NIC
Q4 25
85.7%
Q3 25
88.5%
Q2 25
90.2%
Q1 25
90.7%
Q4 24
90.1%
Q3 24
90.6%
Q2 24
91.1%
Q1 24
87.7%
Operating Margin
FOLD
FOLD
NIC
NIC
Q4 25
8.6%
48.3%
Q3 25
20.3%
50.4%
Q2 25
-6.1%
46.8%
Q1 25
-6.3%
44.9%
Q4 24
10.7%
46.8%
Q3 24
15.3%
45.0%
Q2 24
11.8%
43.3%
Q1 24
-25.1%
41.8%
Net Margin
FOLD
FOLD
NIC
NIC
Q4 25
0.9%
38.8%
Q3 25
10.2%
40.6%
Q2 25
-15.8%
37.6%
Q1 25
-17.3%
36.4%
Q4 24
9.8%
37.3%
Q3 24
-4.8%
35.8%
Q2 24
-12.4%
34.5%
Q1 24
-43.9%
33.8%
EPS (diluted)
FOLD
FOLD
NIC
NIC
Q4 25
$0.00
$2.63
Q3 25
$0.06
$2.73
Q2 25
$-0.08
$2.34
Q1 25
$-0.07
$2.08
Q4 24
$0.05
$2.21
Q3 24
$-0.02
$2.10
Q2 24
$-0.05
$1.92
Q1 24
$-0.16
$1.82

Balance Sheet & Financial Strength

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

Metric
FOLD
FOLD
NIC
NIC
Cash + ST InvestmentsLiquidity on hand
$293.5M
Total DebtLower is stronger
$392.7M
$134.9M
Stockholders' EquityBook value
$274.2M
$1.3B
Total Assets
$949.9M
$9.2B
Debt / EquityLower = less leverage
1.43×
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOLD
FOLD
NIC
NIC
Q4 25
$293.5M
Q3 25
$263.8M
Q2 25
$231.0M
Q1 25
$250.6M
Q4 24
$249.9M
Q3 24
$249.8M
Q2 24
$260.1M
Q1 24
$239.6M
Total Debt
FOLD
FOLD
NIC
NIC
Q4 25
$392.7M
$134.9M
Q3 25
$392.0M
$134.6M
Q2 25
$391.3M
$134.3M
Q1 25
$390.7M
$156.6M
Q4 24
$390.1M
$161.4M
Q3 24
$389.5M
$161.2M
Q2 24
$388.9M
$162.4M
Q1 24
$388.4M
$162.3M
Stockholders' Equity
FOLD
FOLD
NIC
NIC
Q4 25
$274.2M
$1.3B
Q3 25
$230.4M
$1.2B
Q2 25
$204.3M
$1.2B
Q1 25
$193.6M
$1.2B
Q4 24
$194.0M
$1.2B
Q3 24
$178.8M
$1.1B
Q2 24
$132.5M
$1.1B
Q1 24
$130.7M
$1.1B
Total Assets
FOLD
FOLD
NIC
NIC
Q4 25
$949.9M
$9.2B
Q3 25
$868.8M
$9.0B
Q2 25
$815.3M
$8.9B
Q1 25
$789.8M
$9.0B
Q4 24
$785.0M
$8.8B
Q3 24
$786.6M
$8.6B
Q2 24
$749.5M
$8.6B
Q1 24
$721.8M
$8.4B
Debt / Equity
FOLD
FOLD
NIC
NIC
Q4 25
1.43×
0.11×
Q3 25
1.70×
0.11×
Q2 25
1.92×
0.11×
Q1 25
2.02×
0.13×
Q4 24
2.01×
0.14×
Q3 24
2.18×
0.14×
Q2 24
2.93×
0.15×
Q1 24
2.97×
0.15×

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
NIC
NIC
Operating Cash FlowLast quarter
$16.3M
$153.5M
Free Cash FlowOCF − Capex
$16.0M
$149.4M
FCF MarginFCF / Revenue
8.6%
143.7%
Capex IntensityCapex / Revenue
0.2%
3.9%
Cash ConversionOCF / Net Profit
9.62×
3.81×
TTM Free Cash FlowTrailing 4 quarters
$29.8M
$275.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOLD
FOLD
NIC
NIC
Q4 25
$16.3M
$153.5M
Q3 25
$35.7M
$45.9M
Q2 25
$-26.5M
$38.9M
Q1 25
$7.8M
$41.8M
Q4 24
$-3.9M
$133.7M
Q3 24
$-23.0M
$39.6M
Q2 24
$22.7M
$37.3M
Q1 24
$-29.7M
$23.4M
Free Cash Flow
FOLD
FOLD
NIC
NIC
Q4 25
$16.0M
$149.4M
Q3 25
$35.3M
$45.9M
Q2 25
$-28.9M
$38.4M
Q1 25
$7.5M
$41.3M
Q4 24
$-4.2M
$116.8M
Q3 24
$-23.3M
$34.7M
Q2 24
$21.6M
$34.4M
Q1 24
$-31.5M
$20.1M
FCF Margin
FOLD
FOLD
NIC
NIC
Q4 25
8.6%
143.7%
Q3 25
20.9%
44.6%
Q2 25
-18.7%
40.1%
Q1 25
6.0%
46.2%
Q4 24
-2.8%
126.4%
Q3 24
-16.5%
38.3%
Q2 24
17.0%
40.5%
Q1 24
-28.5%
24.4%
Capex Intensity
FOLD
FOLD
NIC
NIC
Q4 25
0.2%
3.9%
Q3 25
0.2%
0.0%
Q2 25
1.6%
0.6%
Q1 25
0.2%
0.5%
Q4 24
0.2%
18.3%
Q3 24
0.3%
5.4%
Q2 24
0.9%
3.5%
Q1 24
1.6%
4.0%
Cash Conversion
FOLD
FOLD
NIC
NIC
Q4 25
9.62×
3.81×
Q3 25
2.06×
1.10×
Q2 25
1.08×
Q1 25
1.28×
Q4 24
-0.27×
3.88×
Q3 24
1.22×
Q2 24
1.28×
Q1 24
0.84×

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%

NIC
NIC

Segment breakdown not available.

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