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艾伯维（ARGX）与NEUROCRINE BIOSCIENCES INC（NBIX）财务数据对比。点击上方公司名可切换其他公司
艾伯维的季度营收约是NEUROCRINE BIOSCIENCES INC的3.1倍（$2.5B vs $805.5M）。艾伯维净利率更高（35.5% vs 19.1%，领先16.4%）。艾伯维同比增速更快（83.2% vs 28.3%）。NEUROCRINE BIOSCIENCES INC自由现金流更多（$386.0M vs $322.4M）
艾伯维是总部位于美国伊利诺伊州北芝加哥的制药企业，研发生产的药物覆盖多种疾病治疗领域，可满足多元临床需求，致力于为全球不同病症的患者提供可靠的治疗方案选择。
Neurocrine Biosciences是1992年成立的美国生物制药企业，总部位于加利福尼亚州圣地亚哥，截至2024年10月首席执行官为Kyle Gano。公司专注于神经及内分泌相关疾病的疗法研发，旗下药物缬苯那嗪（商品名Ingrezza）于2017年获美国批准，用于治疗成人迟发性运动障碍。
ARGX vs NBIX — 直观对比
营收规模更大
ARGX
是对方的3.1倍
$805.5M
营收增速更快
ARGX
高出54.9%
28.3%
净利率更高
ARGX
高出16.4%
19.1%
自由现金流更多
NBIX
多$63.6M
$322.4M
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $805.5M |
| 净利润 | $877.2M | $153.7M |
| 毛利率 | 89.5% | 97.8% |
| 营业利润率 | 28.9% | 26.2% |
| 净利率 | 35.5% | 19.1% |
| 营收同比 | 83.2% | 28.3% |
| 净利润同比 | 1.3% | 49.1% |
| 每股收益（稀释后） | $13.25 | $1.49 |
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ARGXNBIX
| Q4 25 | $2.5B | $805.5M | ||
| Q3 25 | — | $794.9M | ||
| Q2 25 | $1.8B | $687.5M | ||
| Q1 25 | — | $572.6M | ||
| Q4 24 | $1.4B | $627.7M | ||
| Q3 24 | — | $622.1M | ||
| Q2 24 | $901.9M | $590.2M | ||
| Q1 24 | — | $515.3M |
净利润ARGXNBIX
| Q4 25 | $877.2M | $153.7M | ||
| Q3 25 | — | $209.5M | ||
| Q2 25 | $414.8M | $107.5M | ||
| Q1 25 | — | $7.9M | ||
| Q4 24 | $865.6M | $103.1M | ||
| Q3 24 | — | $129.8M | ||
| Q2 24 | $-32.5M | $65.0M | ||
| Q1 24 | — | $43.4M |
毛利率ARGXNBIX
| Q4 25 | 89.5% | 97.8% | ||
| Q3 25 | — | 98.2% | ||
| Q2 25 | 89.2% | 98.4% | ||
| Q1 25 | — | 98.4% | ||
| Q4 24 | 90.2% | 98.5% | ||
| Q3 24 | — | 98.7% | ||
| Q2 24 | 89.4% | 98.4% | ||
| Q1 24 | — | 98.5% |
营业利润率ARGXNBIX
| Q4 25 | 28.9% | 26.2% | ||
| Q3 25 | — | 30.1% | ||
| Q2 25 | 19.2% | 21.2% | ||
| Q1 25 | — | 4.1% | ||
| Q4 24 | 8.7% | 22.6% | ||
| Q3 24 | — | 29.5% | ||
| Q2 24 | -15.4% | 24.6% | ||
| Q1 24 | — | 19.3% |
净利率ARGXNBIX
| Q4 25 | 35.5% | 19.1% | ||
| Q3 25 | — | 26.4% | ||
| Q2 25 | 23.4% | 15.6% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | 64.1% | 16.4% | ||
| Q3 24 | — | 20.9% | ||
| Q2 24 | -3.6% | 11.0% | ||
| Q1 24 | — | 8.4% |
每股收益（稀释后）ARGXNBIX
| Q4 25 | $13.25 | $1.49 | ||
| Q3 25 | — | $2.04 | ||
| Q2 25 | $6.32 | $1.06 | ||
| Q1 25 | — | $0.08 | ||
| Q4 24 | $13.33 | $1.00 | ||
| Q3 24 | — | $1.24 | ||
| Q2 24 | $-0.55 | $0.63 | ||
| Q1 24 | — | $0.42 |
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 | $3.5B | $713.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.3B | $3.3B |
| 总资产 | $8.7B | $4.6B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ARGXNBIX
| Q4 25 | $3.5B | $713.0M | ||
| Q3 25 | — | $340.2M | ||
| Q2 25 | $2.1B | $264.0M | ||
| Q1 25 | — | $194.1M | ||
| Q4 24 | $1.5B | $233.0M | ||
| Q3 24 | — | $349.1M | ||
| Q2 24 | $1.4B | $139.7M | ||
| Q1 24 | — | $396.3M |
总债务ARGXNBIX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $11.0M | — | ||
| Q1 24 | — | — |
股东权益ARGXNBIX
| Q4 25 | $7.3B | $3.3B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | $6.1B | $2.7B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | $5.5B | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | $4.3B | $2.5B | ||
| Q1 24 | — | $2.4B |
总资产ARGXNBIX
| Q4 25 | $8.7B | $4.6B | ||
| Q3 25 | — | $4.3B | ||
| Q2 25 | $7.2B | $3.9B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | $6.2B | $3.7B | ||
| Q3 24 | — | $3.5B | ||
| Q2 24 | $4.8B | $3.3B | ||
| Q1 24 | — | $3.5B |
负债/权益比ARGXNBIX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | — | — |
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 | $323.3M | $388.4M |
| 自由现金流经营现金流 - 资本支出 | $322.4M | $386.0M |
| 自由现金流率自由现金流/营收 | 13.0% | 47.9% |
| 资本支出强度资本支出/营收 | 0.0% | 0.3% |
| 现金转化率经营现金流/净利润 | 0.37× | 2.53× |
| 过去12个月自由现金流最近4个季度 | $594.5M | $743.9M |
8季度趋势，按日历期对齐
经营现金流ARGXNBIX
| Q4 25 | $323.3M | $388.4M | ||
| Q3 25 | — | $227.5M | ||
| Q2 25 | $361.8M | $102.0M | ||
| Q1 25 | — | $64.8M | ||
| Q4 24 | $41.9M | $242.5M | ||
| Q3 24 | — | $158.0M | ||
| Q2 24 | $-124.7M | $64.6M | ||
| Q1 24 | — | $130.3M |
自由现金流ARGXNBIX
| Q4 25 | $322.4M | $386.0M | ||
| Q3 25 | — | $214.3M | ||
| Q2 25 | $356.6M | $89.5M | ||
| Q1 25 | — | $54.1M | ||
| Q4 24 | $40.9M | $235.2M | ||
| Q3 24 | — | $149.9M | ||
| Q2 24 | $-125.5M | $53.0M | ||
| Q1 24 | — | $119.1M |
自由现金流率ARGXNBIX
| Q4 25 | 13.0% | 47.9% | ||
| Q3 25 | — | 27.0% | ||
| Q2 25 | 20.1% | 13.0% | ||
| Q1 25 | — | 9.4% | ||
| Q4 24 | 3.0% | 37.5% | ||
| Q3 24 | — | 24.1% | ||
| Q2 24 | -13.9% | 9.0% | ||
| Q1 24 | — | 23.1% |
资本支出强度ARGXNBIX
| Q4 25 | 0.0% | 0.3% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | 0.3% | 1.8% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | 0.1% | 1.2% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | 0.1% | 2.0% | ||
| Q1 24 | — | 2.2% |
现金转化率ARGXNBIX
| Q4 25 | 0.37× | 2.53× | ||
| Q3 25 | — | 1.09× | ||
| Q2 25 | 0.87× | 0.95× | ||
| Q1 25 | — | 8.20× | ||
| Q4 24 | 0.05× | 2.35× | ||
| Q3 24 | — | 1.22× | ||
| Q2 24 | — | 0.99× | ||
| Q1 24 | — | 3.00× |
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
ARGX
暂无分部数据
NBIX
| INGREZZA Net Product Sales | $653.8M | 81% |
| CRENESSITY Net Product Sales | $135.4M | 17% |
| Other Income | $12.6M | 2% |
| Collaboration Revenue | $7.2M | 1% |
