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Apellis Pharmaceuticals, Inc.（APLS）与TALOS ENERGY INC.（TALO）财务数据对比。点击上方公司名可切换其他公司
TALOS ENERGY INC.的季度营收约是Apellis Pharmaceuticals, Inc.的2.0倍（$392.2M vs $199.9M），Apellis Pharmaceuticals, Inc.净利率更高（-29.5% vs -51.6%，领先22.2%），Apellis Pharmaceuticals, Inc.同比增速更快（-5.9% vs -19.2%），过去两年Apellis Pharmaceuticals, Inc.的营收复合增速更高（7.7% vs -4.5%）
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。
塔洛斯能源是一家专注于油气领域的企业，主要在美国墨西哥湾沿岸及墨西哥湾区域开展石油、天然气资产的勘探、开发与生产运营业务，在离岸油气资源开发领域拥有成熟的项目运营经验与技术储备。
APLS vs TALO — 直观对比
营收规模更大
TALO
是对方的2.0倍
$199.9M
营收增速更快
APLS
高出13.2%
-19.2%
净利率更高
APLS
高出22.2%
-51.6%
两年增速更快
APLS
近两年复合增速
-4.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.9M | $392.2M |
| 净利润 | $-59.0M | $-202.6M |
| 毛利率 | — | — |
| 营业利润率 | -25.6% | -62.2% |
| 净利率 | -29.5% | -51.6% |
| 营收同比 | -5.9% | -19.2% |
| 净利润同比 | -62.2% | -214.0% |
| 每股收益（稀释后） | $-0.40 | $-1.17 |
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APLSTALO
| Q4 25 | $199.9M | $392.2M | ||
| Q3 25 | $458.6M | $450.1M | ||
| Q2 25 | $178.5M | $424.7M | ||
| Q1 25 | $166.8M | $513.1M | ||
| Q4 24 | $212.5M | $485.2M | ||
| Q3 24 | $196.8M | $509.3M | ||
| Q2 24 | $199.7M | $549.2M | ||
| Q1 24 | $172.3M | $429.9M |
净利润APLSTALO
| Q4 25 | $-59.0M | $-202.6M | ||
| Q3 25 | $215.7M | $-95.9M | ||
| Q2 25 | $-42.2M | $-185.9M | ||
| Q1 25 | $-92.2M | $-9.9M | ||
| Q4 24 | $-36.4M | $-64.5M | ||
| Q3 24 | $-57.4M | $88.2M | ||
| Q2 24 | $-37.7M | $12.4M | ||
| Q1 24 | $-66.4M | $-112.4M |
营业利润率APLSTALO
| Q4 25 | -25.6% | -62.2% | ||
| Q3 25 | 48.7% | -19.1% | ||
| Q2 25 | -18.6% | -64.4% | ||
| Q1 25 | -50.0% | 8.5% | ||
| Q4 24 | -12.3% | 5.6% | ||
| Q3 24 | -24.0% | 4.6% | ||
| Q2 24 | -14.7% | 9.9% | ||
| Q1 24 | -36.0% | 15.8% |
净利率APLSTALO
| Q4 25 | -29.5% | -51.6% | ||
| Q3 25 | 47.0% | -21.3% | ||
| Q2 25 | -23.6% | -43.8% | ||
| Q1 25 | -55.3% | -1.9% | ||
| Q4 24 | -17.1% | -13.3% | ||
| Q3 24 | -29.2% | 17.3% | ||
| Q2 24 | -18.9% | 2.3% | ||
| Q1 24 | -38.5% | -26.2% |
每股收益（稀释后）APLSTALO
| Q4 25 | $-0.40 | $-1.17 | ||
| Q3 25 | $1.67 | $-0.55 | ||
| Q2 25 | $-0.33 | $-1.05 | ||
| Q1 25 | $-0.74 | $-0.05 | ||
| Q4 24 | $-0.30 | $-0.29 | ||
| Q3 24 | $-0.46 | $0.49 | ||
| Q2 24 | $-0.30 | $0.07 | ||
| Q1 24 | $-0.54 | $-0.71 |
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 | $362.8M |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $370.1M | $2.2B |
| 总资产 | $1.1B | $5.6B |
| 负债/权益比越低杠杆越低 | — | 0.57× |
8季度趋势，按日历期对齐
现金及短期投资APLSTALO
| Q4 25 | $466.2M | $362.8M | ||
| Q3 25 | $479.2M | $332.7M | ||
| Q2 25 | $370.0M | $357.3M | ||
| Q1 25 | $358.4M | $202.9M | ||
| Q4 24 | $411.3M | $108.2M | ||
| Q3 24 | $396.9M | $45.5M | ||
| Q2 24 | $360.1M | $37.8M | ||
| Q1 24 | $325.9M | $21.0M |
总债务APLSTALO
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | $93.1M | $1.5B |
股东权益APLSTALO
| Q4 25 | $370.1M | $2.2B | ||
| Q3 25 | $401.2M | $2.4B | ||
| Q2 25 | $156.3M | $2.5B | ||
| Q1 25 | $164.2M | $2.7B | ||
| Q4 24 | $228.5M | $2.8B | ||
| Q3 24 | $237.1M | $2.8B | ||
| Q2 24 | $264.3M | $2.7B | ||
| Q1 24 | $266.7M | $2.8B |
总资产APLSTALO
| Q4 25 | $1.1B | $5.6B | ||
| Q3 25 | $1.1B | $5.7B | ||
| Q2 25 | $821.4M | $5.9B | ||
| Q1 25 | $807.3M | $6.1B | ||
| Q4 24 | $885.1M | $6.2B | ||
| Q3 24 | $901.9M | $6.4B | ||
| Q2 24 | $904.5M | $6.4B | ||
| Q1 24 | $831.9M | $6.4B |
负债/权益比APLSTALO
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.49× | ||
| Q1 25 | — | 0.45× | ||
| Q4 24 | — | 0.44× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | 0.35× | 0.56× |
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 | $201.8M |
| 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 | — | — |
| 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APLSTALO
| Q4 25 | $-14.2M | $201.8M | ||
| Q3 25 | $108.5M | $114.2M | ||
| Q2 25 | $4.4M | $351.6M | ||
| Q1 25 | $-53.4M | $268.2M | ||
| Q4 24 | $19.4M | $349.3M | ||
| Q3 24 | $34.1M | $227.5M | ||
| Q2 24 | $-8.3M | $289.4M | ||
| Q1 24 | $-133.0M | $96.4M |
自由现金流APLSTALO
| 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APLSTALO
| 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APLSTALO
| 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APLSTALO
| Q4 25 | — | — | ||
| Q3 25 | 0.50× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.58× | ||
| Q2 24 | — | 23.37× | ||
| 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% |
TALO
| Oil And Condensate | $346.3M | 88% |
| Natural Gas Production | $36.0M | 9% |
| Natural Gas Liquids Reserves | $10.0M | 3% |
