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Side-by-side financial comparison of AMICUS THERAPEUTICS, INC. (FOLD) and Shoals Technologies Group, Inc. (SHLS). Click either name above to swap in a different company.
AMICUS THERAPEUTICS, INC. is the larger business by last-quarter revenue ($185.2M vs $148.3M, roughly 1.2× Shoals Technologies Group, Inc.). Shoals Technologies Group, Inc. runs the higher net margin — 5.5% vs 0.9%, a 4.6% gap on every dollar of revenue. On growth, Shoals Technologies Group, Inc. posted the faster year-over-year revenue change (38.6% vs 23.7%). AMICUS THERAPEUTICS, INC. produced more free cash flow last quarter ($16.0M vs $-11.3M). Over the past eight quarters, AMICUS THERAPEUTICS, INC.'s revenue compounded faster (29.5% CAGR vs 27.8%).
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.
Shoals Technologies Group is a leading provider of electrical balance of systems solutions for renewable energy and e-mobility. It supplies connectivity components for solar projects, energy storage systems and EV charging infrastructure, serving clients across North America, Europe and Asia-Pacific.
FOLD vs SHLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $185.2M | $148.3M |
| Net Profit | $1.7M | $8.1M |
| Gross Margin | 85.7% | 31.6% |
| Operating Margin | 8.6% | 11.7% |
| Net Margin | 0.9% | 5.5% |
| Revenue YoY | 23.7% | 38.6% |
| Net Profit YoY | -88.5% | 3.9% |
| EPS (diluted) | $0.00 | $0.05 |
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.
| Q4 25 | $185.2M | $148.3M | ||
| Q3 25 | $169.1M | $135.8M | ||
| Q2 25 | $154.7M | $110.8M | ||
| Q1 25 | $125.2M | $80.4M | ||
| Q4 24 | $149.7M | $107.0M | ||
| Q3 24 | $141.5M | $102.2M | ||
| Q2 24 | $126.7M | $99.2M | ||
| Q1 24 | $110.4M | $90.8M |
| Q4 25 | $1.7M | $8.1M | ||
| Q3 25 | $17.3M | $11.9M | ||
| Q2 25 | $-24.4M | $13.9M | ||
| Q1 25 | $-21.7M | $-282.0K | ||
| Q4 24 | $14.7M | $7.8M | ||
| Q3 24 | $-6.7M | $-267.0K | ||
| Q2 24 | $-15.7M | $11.8M | ||
| Q1 24 | $-48.4M | $4.8M |
| Q4 25 | 85.7% | 31.6% | ||
| Q3 25 | 88.5% | 37.0% | ||
| Q2 25 | 90.2% | 37.2% | ||
| Q1 25 | 90.7% | 35.0% | ||
| Q4 24 | 90.1% | 37.6% | ||
| Q3 24 | 90.6% | 24.8% | ||
| Q2 24 | 91.1% | 40.3% | ||
| Q1 24 | 87.7% | 40.2% |
| Q4 25 | 8.6% | 11.7% | ||
| Q3 25 | 20.3% | 13.7% | ||
| Q2 25 | -6.1% | 14.4% | ||
| Q1 25 | -6.3% | 5.4% | ||
| Q4 24 | 10.7% | 15.4% | ||
| Q3 24 | 15.3% | 4.4% | ||
| Q2 24 | 11.8% | 18.7% | ||
| Q1 24 | -25.1% | 12.8% |
| Q4 25 | 0.9% | 5.5% | ||
| Q3 25 | 10.2% | 8.7% | ||
| Q2 25 | -15.8% | 12.5% | ||
| Q1 25 | -17.3% | -0.4% | ||
| Q4 24 | 9.8% | 7.3% | ||
| Q3 24 | -4.8% | -0.3% | ||
| Q2 24 | -12.4% | 11.9% | ||
| Q1 24 | -43.9% | 5.3% |
| Q4 25 | $0.00 | $0.05 | ||
| Q3 25 | $0.06 | $0.07 | ||
| Q2 25 | $-0.08 | $0.08 | ||
| Q1 25 | $-0.07 | $0.00 | ||
| Q4 24 | $0.05 | $0.04 | ||
| Q3 24 | $-0.02 | $0.00 | ||
| Q2 24 | $-0.05 | $0.07 | ||
| Q1 24 | $-0.16 | $0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $293.5M | $7.3M |
| Total DebtLower is stronger | $392.7M | — |
| Stockholders' EquityBook value | $274.2M | $600.0M |
| Total Assets | $949.9M | $904.1M |
| Debt / EquityLower = less leverage | 1.43× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $293.5M | $7.3M | ||
| Q3 25 | $263.8M | $8.6M | ||
| Q2 25 | $231.0M | $4.7M | ||
| Q1 25 | $250.6M | $35.6M | ||
| Q4 24 | $249.9M | $23.5M | ||
| Q3 24 | $249.8M | $11.1M | ||
| Q2 24 | $260.1M | $3.2M | ||
| Q1 24 | $239.6M | $15.2M |
| Q4 25 | $392.7M | — | ||
| Q3 25 | $392.0M | — | ||
| Q2 25 | $391.3M | — | ||
| Q1 25 | $390.7M | $141.8M | ||
| Q4 24 | $390.1M | $141.8M | ||
| Q3 24 | $389.5M | $141.8M | ||
| Q2 24 | $388.9M | $146.8M | ||
| Q1 24 | $388.4M | $168.8M |
| Q4 25 | $274.2M | $600.0M | ||
| Q3 25 | $230.4M | $589.6M | ||
| Q2 25 | $204.3M | $575.4M | ||
| Q1 25 | $193.6M | $558.9M | ||
| Q4 24 | $194.0M | $556.8M | ||
| Q3 24 | $178.8M | $545.2M | ||
| Q2 24 | $132.5M | $544.6M | ||
| Q1 24 | $130.7M | $554.0M |
| Q4 25 | $949.9M | $904.1M | ||
| Q3 25 | $868.8M | $851.8M | ||
| Q2 25 | $815.3M | $795.0M | ||
| Q1 25 | $789.8M | $788.4M | ||
| Q4 24 | $785.0M | $793.1M | ||
| Q3 24 | $786.6M | $801.3M | ||
| Q2 24 | $749.5M | $788.4M | ||
| Q1 24 | $721.8M | $825.3M |
| Q4 25 | 1.43× | — | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.92× | — | ||
| Q1 25 | 2.02× | 0.25× | ||
| Q4 24 | 2.01× | 0.25× | ||
| Q3 24 | 2.18× | 0.26× | ||
| Q2 24 | 2.93× | 0.27× | ||
| Q1 24 | 2.97× | 0.30× |
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 | $16.3M | $-4.1M |
| Free Cash FlowOCF − Capex | $16.0M | $-11.3M |
| FCF MarginFCF / Revenue | 8.6% | -7.6% |
| Capex IntensityCapex / Revenue | 0.2% | 4.8% |
| Cash ConversionOCF / Net Profit | 9.62× | -0.50× |
| TTM Free Cash FlowTrailing 4 quarters | $29.8M | $-16.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.3M | $-4.1M | ||
| Q3 25 | $35.7M | $19.4M | ||
| Q2 25 | $-26.5M | $-13.8M | ||
| Q1 25 | $7.8M | $15.6M | ||
| Q4 24 | $-3.9M | $14.0M | ||
| Q3 24 | $-23.0M | $15.7M | ||
| Q2 24 | $22.7M | $37.8M | ||
| Q1 24 | $-29.7M | $12.9M |
| Q4 25 | $16.0M | $-11.3M | ||
| Q3 25 | $35.3M | $9.0M | ||
| Q2 25 | $-28.9M | $-26.0M | ||
| Q1 25 | $7.5M | $12.3M | ||
| Q4 24 | $-4.2M | $12.5M | ||
| Q3 24 | $-23.3M | $13.3M | ||
| Q2 24 | $21.6M | $35.8M | ||
| Q1 24 | $-31.5M | $10.4M |
| Q4 25 | 8.6% | -7.6% | ||
| Q3 25 | 20.9% | 6.6% | ||
| Q2 25 | -18.7% | -23.5% | ||
| Q1 25 | 6.0% | 15.4% | ||
| Q4 24 | -2.8% | 11.6% | ||
| Q3 24 | -16.5% | 13.0% | ||
| Q2 24 | 17.0% | 36.1% | ||
| Q1 24 | -28.5% | 11.4% |
| Q4 25 | 0.2% | 4.8% | ||
| Q3 25 | 0.2% | 7.7% | ||
| Q2 25 | 1.6% | 11.0% | ||
| Q1 25 | 0.2% | 4.0% | ||
| Q4 24 | 0.2% | 1.4% | ||
| Q3 24 | 0.3% | 2.3% | ||
| Q2 24 | 0.9% | 2.0% | ||
| Q1 24 | 1.6% | 2.7% |
| Q4 25 | 9.62× | -0.50× | ||
| Q3 25 | 2.06× | 1.63× | ||
| Q2 25 | — | -1.00× | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.27× | 1.79× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.21× | ||
| Q1 24 | — | 2.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FOLD
| Other | $105.8M | 57% |
| Galafold | $64.8M | 35% |
| Pombiliti Opfolda | $14.6M | 8% |
SHLS
| System Solutions | $122.0M | 82% |
| Components | $26.3M | 18% |
