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Apellis Pharmaceuticals, Inc.（APLS）与INFINITY NATURAL RESOURCES, INC.（INR）财务数据对比。点击上方公司名可切换其他公司
Apellis Pharmaceuticals, Inc.的季度营收约是INFINITY NATURAL RESOURCES, INC.的1.7倍（$199.9M vs $115.5M），INFINITY NATURAL RESOURCES, INC.净利率更高（17.3% vs -29.5%，领先46.8%）
Apellis Pharmaceuticals是一家临床阶段生物制药企业，专注于开发调节补体系统的靶向疗法，适应症覆盖年龄相关性黄斑变性继发地图样萎缩等眼科疾病、罕见血液病及自身免疫性疾病，核心市场为美国及欧盟地区。
APLS vs INR — 直观对比
营收规模更大
APLS
是对方的1.7倍
$115.5M
净利率更高
INR
高出46.8%
-29.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.9M | $115.5M |
| 净利润 | $-59.0M | $20.0M |
| 毛利率 | — | — |
| 营业利润率 | -25.6% | 47.0% |
| 净利率 | -29.5% | 17.3% |
| 营收同比 | -5.9% | — |
| 净利润同比 | -62.2% | — |
| 每股收益（稀释后） | $-0.40 | $1.33 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收APLSINR
| Q4 25 | $199.9M | $115.5M | ||
| Q3 25 | $458.6M | $78.3M | ||
| Q2 25 | $178.5M | $72.5M | ||
| Q1 25 | $166.8M | $84.2M | ||
| Q4 24 | $212.5M | — | ||
| Q3 24 | $196.8M | — | ||
| Q2 24 | $199.7M | — | ||
| Q1 24 | $172.3M | — |
净利润APLSINR
| Q4 25 | $-59.0M | $20.0M | ||
| Q3 25 | $215.7M | $10.4M | ||
| Q2 25 | $-42.2M | $18.0M | ||
| Q1 25 | $-92.2M | $-34.6M | ||
| Q4 24 | $-36.4M | — | ||
| Q3 24 | $-57.4M | — | ||
| Q2 24 | $-37.7M | — | ||
| Q1 24 | $-66.4M | — |
营业利润率APLSINR
| Q4 25 | -25.6% | 47.0% | ||
| Q3 25 | 48.7% | 30.5% | ||
| Q2 25 | -18.6% | 29.9% | ||
| Q1 25 | -50.0% | -104.5% | ||
| Q4 24 | -12.3% | — | ||
| Q3 24 | -24.0% | — | ||
| Q2 24 | -14.7% | — | ||
| Q1 24 | -36.0% | — |
净利率APLSINR
| Q4 25 | -29.5% | 17.3% | ||
| Q3 25 | 47.0% | 13.3% | ||
| Q2 25 | -23.6% | 24.8% | ||
| Q1 25 | -55.3% | -41.1% | ||
| Q4 24 | -17.1% | — | ||
| Q3 24 | -29.2% | — | ||
| Q2 24 | -18.9% | — | ||
| Q1 24 | -38.5% | — |
每股收益（稀释后）APLSINR
| Q4 25 | $-0.40 | $1.33 | ||
| Q3 25 | $1.67 | $0.65 | ||
| Q2 25 | $-0.33 | $1.18 | ||
| Q1 25 | $-0.74 | $-2.27 | ||
| Q4 24 | $-0.30 | — | ||
| Q3 24 | $-0.46 | — | ||
| Q2 24 | $-0.30 | — | ||
| Q1 24 | $-0.54 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $466.2M | $2.8M |
| 总债务越低越好 | — | $55.0K |
| 股东权益账面价值 | $370.1M | $307.1M |
| 总资产 | $1.1B | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资APLSINR
| Q4 25 | $466.2M | $2.8M | ||
| Q3 25 | $479.2M | $4.6M | ||
| Q2 25 | $370.0M | $6.3M | ||
| Q1 25 | $358.4M | $4.9M | ||
| Q4 24 | $411.3M | — | ||
| Q3 24 | $396.9M | — | ||
| Q2 24 | $360.1M | — | ||
| Q1 24 | $325.9M | — |
总债务APLSINR
| Q4 25 | — | $55.0K | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $123.0K | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $93.1M | — |
股东权益APLSINR
| Q4 25 | $370.1M | $307.1M | ||
| Q3 25 | $401.2M | $288.6M | ||
| Q2 25 | $156.3M | $10.1M | ||
| Q1 25 | $164.2M | $-52.2M | ||
| Q4 24 | $228.5M | — | ||
| Q3 24 | $237.1M | — | ||
| Q2 24 | $264.3M | — | ||
| Q1 24 | $266.7M | — |
总资产APLSINR
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $821.4M | $1.0B | ||
| Q1 25 | $807.3M | $953.9M | ||
| Q4 24 | $885.1M | — | ||
| Q3 24 | $901.9M | — | ||
| Q2 24 | $904.5M | — | ||
| Q1 24 | $831.9M | — |
负债/权益比APLSINR
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.35× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-14.2M | $75.1M |
| 自由现金流经营现金流 - 资本支出 | $-14.3M | — |
| 自由现金流率自由现金流/营收 | -7.1% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 现金转化率经营现金流/净利润 | — | 3.75× |
| 过去12个月自由现金流最近4个季度 | $45.0M | — |
8季度趋势，按日历期对齐
经营现金流APLSINR
| Q4 25 | $-14.2M | $75.1M | ||
| Q3 25 | $108.5M | $42.1M | ||
| Q2 25 | $4.4M | $70.4M | ||
| Q1 25 | $-53.4M | $74.2M | ||
| Q4 24 | $19.4M | — | ||
| Q3 24 | $34.1M | — | ||
| Q2 24 | $-8.3M | — | ||
| Q1 24 | $-133.0M | — |
自由现金流APLSINR
| Q4 25 | $-14.3M | — | ||
| Q3 25 | $108.3M | — | ||
| Q2 25 | $4.4M | — | ||
| Q1 25 | $-53.4M | — | ||
| Q4 24 | $19.3M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-8.4M | — | ||
| Q1 24 | $-133.3M | — |
自由现金流率APLSINR
| Q4 25 | -7.1% | — | ||
| Q3 25 | 23.6% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | -32.0% | — | ||
| Q4 24 | 9.1% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -4.2% | — | ||
| Q1 24 | -77.3% | — |
资本支出强度APLSINR
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.2% | — |
现金转化率APLSINR
| Q4 25 | — | 3.75× | ||
| Q3 25 | 0.50× | 4.04× | ||
| Q2 25 | — | 3.91× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
APLS
| Syfovre | $155.2M | 78% |
| Empaveli Pegcetacoplan | $35.1M | 18% |
| Licensing And Other Revenue | $9.6M | 5% |
INR
| Oil Reserves | $54.0M | 47% |
| Natural Gas Reserves | $46.8M | 41% |
| Natural Gas Liquids Reserves | $14.7M | 13% |
