vs
Apellis Pharmaceuticals, Inc.（APLS）与JOHNSON OUTDOORS INC（JOUT）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JOHNSON OUTDOORS INC的1.4倍（$199.9M vs $140.9M），JOHNSON OUTDOORS INC净利率更高（-2.3% vs -29.5%，领先27.1%），JOHNSON OUTDOORS INC同比增速更快（30.9% vs -5.9%），Apellis Pharmaceuticals, Inc.自由现金流更多（$-14.3M vs $-42.7M），过去两年Apellis Pharmaceuticals, Inc.的营收复合增速更高（7.7% vs -10.5%）
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。
强生户外公司（Johnson Outdoors）主营水上载具、潜水装备、露营用具、户外服饰等户外休闲用品的研发生产，业务网点遍布全球24个地区，现有员工约1400人，年销售额超3.15亿美元，自1999年起由海伦·约翰逊-莱波尔德执掌公司。
APLS vs JOUT — 直观对比
营收规模更大
APLS
是对方的1.4倍
$140.9M
营收增速更快
JOUT
高出36.9%
-5.9%
净利率更高
JOUT
高出27.1%
-29.5%
自由现金流更多
APLS
多$28.4M
$-42.7M
两年增速更快
APLS
近两年复合增速
-10.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $199.9M | $140.9M |
| 净利润 | $-59.0M | $-3.3M |
| 毛利率 | — | 36.6% |
| 营业利润率 | -25.6% | -2.1% |
| 净利率 | -29.5% | -2.3% |
| 营收同比 | -5.9% | 30.9% |
| 净利润同比 | -62.2% | 78.4% |
| 每股收益（稀释后） | $-0.40 | — |
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APLSJOUT
| Q1 26 | — | $140.9M | ||
| Q4 25 | $199.9M | $135.8M | ||
| Q3 25 | $458.6M | — | ||
| Q2 25 | $178.5M | $180.7M | ||
| Q1 25 | $166.8M | $168.3M | ||
| Q4 24 | $212.5M | $107.6M | ||
| Q3 24 | $196.8M | $105.9M | ||
| Q2 24 | $199.7M | $172.5M |
净利润APLSJOUT
| Q1 26 | — | $-3.3M | ||
| Q4 25 | $-59.0M | $-29.1M | ||
| Q3 25 | $215.7M | — | ||
| Q2 25 | $-42.2M | $7.7M | ||
| Q1 25 | $-92.2M | $2.3M | ||
| Q4 24 | $-36.4M | $-15.3M | ||
| Q3 24 | $-57.4M | $-34.3M | ||
| Q2 24 | $-37.7M | $1.6M |
毛利率APLSJOUT
| Q1 26 | — | 36.6% | ||
| Q4 25 | — | 36.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 37.6% | ||
| Q1 25 | — | 35.0% | ||
| Q4 24 | — | 29.9% | ||
| Q3 24 | — | 23.5% | ||
| Q2 24 | — | 35.8% |
营业利润率APLSJOUT
| Q1 26 | — | -2.1% | ||
| Q4 25 | -25.6% | -6.0% | ||
| Q3 25 | 48.7% | — | ||
| Q2 25 | -18.6% | 4.1% | ||
| Q1 25 | -50.0% | 2.9% | ||
| Q4 24 | -12.3% | -18.8% | ||
| Q3 24 | -24.0% | -40.4% | ||
| Q2 24 | -14.7% | -0.3% |
净利率APLSJOUT
| Q1 26 | — | -2.3% | ||
| Q4 25 | -29.5% | -21.4% | ||
| Q3 25 | 47.0% | — | ||
| Q2 25 | -23.6% | 4.3% | ||
| Q1 25 | -55.3% | 1.4% | ||
| Q4 24 | -17.1% | -14.2% | ||
| Q3 24 | -29.2% | -32.4% | ||
| Q2 24 | -18.9% | 0.9% |
每股收益（稀释后）APLSJOUT
| Q1 26 | — | — | ||
| Q4 25 | $-0.40 | — | ||
| Q3 25 | $1.67 | — | ||
| Q2 25 | $-0.33 | — | ||
| Q1 25 | $-0.74 | — | ||
| Q4 24 | $-0.30 | — | ||
| Q3 24 | $-0.46 | — | ||
| Q2 24 | $-0.30 | — |
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 | $130.7M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $370.1M | $413.5M |
| 总资产 | $1.1B | $600.1M |
| 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APLSJOUT
| Q1 26 | — | $130.7M | ||
| Q4 25 | $466.2M | $176.4M | ||
| Q3 25 | $479.2M | — | ||
| Q2 25 | $370.0M | $161.0M | ||
| Q1 25 | $358.4M | $94.0M | ||
| Q4 24 | $411.3M | $101.6M | ||
| Q3 24 | $396.9M | $162.0M | ||
| Q2 24 | $360.1M | $148.4M |
总债务APLSJOUT
| Q1 26 | — | $0 | ||
| Q4 25 | — | $0 | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 |
股东权益APLSJOUT
| Q1 26 | — | $413.5M | ||
| Q4 25 | $370.1M | $418.4M | ||
| Q3 25 | $401.2M | — | ||
| Q2 25 | $156.3M | $450.5M | ||
| Q1 25 | $164.2M | $441.1M | ||
| Q4 24 | $228.5M | $440.3M | ||
| Q3 24 | $237.1M | $463.4M | ||
| Q2 24 | $264.3M | $498.7M |
总资产APLSJOUT
| Q1 26 | — | $600.1M | ||
| Q4 25 | $1.1B | $604.1M | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $821.4M | $634.5M | ||
| Q1 25 | $807.3M | $624.5M | ||
| Q4 24 | $885.1M | $612.9M | ||
| Q3 24 | $901.9M | $635.2M | ||
| Q2 24 | $904.5M | $679.8M |
负债/权益比APLSJOUT
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× |
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 | $-38.4M |
| 自由现金流经营现金流 - 资本支出 | $-14.3M | $-42.7M |
| 自由现金流率自由现金流/营收 | -7.1% | -30.3% |
| 资本支出强度资本支出/营收 | 0.1% | 3.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $45.0M | $38.5M |
8季度趋势，按日历期对齐
经营现金流APLSJOUT
| Q1 26 | — | $-38.4M | ||
| Q4 25 | $-14.2M | $23.4M | ||
| Q3 25 | $108.5M | — | ||
| Q2 25 | $4.4M | $71.4M | ||
| Q1 25 | $-53.4M | $-1.7M | ||
| Q4 24 | $19.4M | $-36.9M | ||
| Q3 24 | $34.1M | $19.1M | ||
| Q2 24 | $-8.3M | $73.7M |
自由现金流APLSJOUT
| Q1 26 | — | $-42.7M | ||
| Q4 25 | $-14.3M | $19.2M | ||
| Q3 25 | $108.3M | — | ||
| Q2 25 | $4.4M | $66.9M | ||
| Q1 25 | $-53.4M | $-5.0M | ||
| Q4 24 | $19.3M | $-41.0M | ||
| Q3 24 | — | $13.5M | ||
| Q2 24 | $-8.4M | $67.4M |
自由现金流率APLSJOUT
| Q1 26 | — | -30.3% | ||
| Q4 25 | -7.1% | 14.2% | ||
| Q3 25 | 23.6% | — | ||
| Q2 25 | 2.5% | 37.0% | ||
| Q1 25 | -32.0% | -2.9% | ||
| Q4 24 | 9.1% | -38.1% | ||
| Q3 24 | — | 12.8% | ||
| Q2 24 | -4.2% | 39.1% |
资本支出强度APLSJOUT
| Q1 26 | — | 3.0% | ||
| Q4 25 | 0.1% | 3.1% | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | 2.5% | ||
| Q1 25 | 0.0% | 2.0% | ||
| Q4 24 | 0.0% | 3.8% | ||
| Q3 24 | 0.0% | 5.3% | ||
| Q2 24 | 0.0% | 3.6% |
现金转化率APLSJOUT
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.50× | — | ||
| Q2 25 | — | 9.22× | ||
| Q1 25 | — | -0.72× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 45.41× |
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% |
JOUT
| Fishing Segment | $112.1M | 80% |
| Diving Segment | $18.0M | 13% |
| Camping Watercraft Recreation Segment | $10.6M | 8% |
