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BICYCLE THERAPEUTICS PLC（BCYC）与PDF SOLUTIONS INC（PDFS）财务数据对比。点击上方公司名可切换其他公司
PDF SOLUTIONS INC的季度营收约是BICYCLE THERAPEUTICS PLC的1.3倍（$62.4M vs $48.0M），PDF SOLUTIONS INC净利率更高（-0.1% vs -42.0%，领先41.9%），BICYCLE THERAPEUTICS PLC同比增速更快（1193.3% vs 24.6%），PDF SOLUTIONS INC自由现金流更多（$7.5M vs $-19.9M），过去两年BICYCLE THERAPEUTICS PLC的营收复合增速更高（56.7% vs 22.9%）
Bicycle Therapeutics是一家临床阶段生物制药企业，专注于开发双环肽类创新疗法以解决未被满足的医疗需求，核心管线覆盖肿瘤、罕见病与免疫疾病领域，在欧美布局运营，与全球头部药企达成战略合作推进候选药物落地。
PDF Solutions Inc是一家总部位于美国加利福尼亚州圣克拉拉的跨国企业，主营软件业务与工程技术服务，目前在纳斯达克交易所挂牌上市，股票代码为PDFS。
BCYC vs PDFS — 直观对比
营收规模更大
PDFS
是对方的1.3倍
$48.0M
营收增速更快
BCYC
高出1168.7%
24.6%
净利率更高
PDFS
高出41.9%
-42.0%
自由现金流更多
PDFS
多$27.5M
$-19.9M
两年增速更快
BCYC
近两年复合增速
22.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $48.0M | $62.4M |
| 净利润 | $-20.2M | $-48.0K |
| 毛利率 | — | 72.9% |
| 营业利润率 | -51.5% | 5.5% |
| 净利率 | -42.0% | -0.1% |
| 营收同比 | 1193.3% | 24.6% |
| 净利润同比 | 61.1% | -108.9% |
| 每股收益（稀释后） | $-0.29 | $0.00 |
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BCYCPDFS
| Q4 25 | $48.0M | $62.4M | ||
| Q3 25 | $11.7M | $57.1M | ||
| Q2 25 | $2.9M | $51.7M | ||
| Q1 25 | $10.0M | $47.8M | ||
| Q4 24 | $3.7M | $50.1M | ||
| Q3 24 | $2.7M | $46.4M | ||
| Q2 24 | $9.4M | $41.7M | ||
| Q1 24 | $19.5M | $41.3M |
净利润BCYCPDFS
| Q4 25 | $-20.2M | $-48.0K | ||
| Q3 25 | $-59.1M | $1.3M | ||
| Q2 25 | $-79.0M | $1.1M | ||
| Q1 25 | $-60.8M | $-3.0M | ||
| Q4 24 | — | $539.0K | ||
| Q3 24 | $-50.8M | $2.2M | ||
| Q2 24 | $-39.8M | $1.7M | ||
| Q1 24 | $-26.6M | $-393.0K |
毛利率BCYCPDFS
| Q4 25 | — | 72.9% | ||
| Q3 25 | — | 72.3% | ||
| Q2 25 | — | 71.2% | ||
| Q1 25 | — | 72.9% | ||
| Q4 24 | — | 68.3% | ||
| Q3 24 | — | 73.1% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 67.3% |
营业利润率BCYCPDFS
| Q4 25 | -51.5% | 5.5% | ||
| Q3 25 | -558.6% | 8.5% | ||
| Q2 25 | -2965.8% | 2.2% | ||
| Q1 25 | -703.7% | -7.4% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | -2385.9% | 4.6% | ||
| Q2 24 | -498.3% | 0.6% | ||
| Q1 24 | -162.4% | -4.7% |
净利率BCYCPDFS
| Q4 25 | -42.0% | -0.1% | ||
| Q3 25 | -503.7% | 2.3% | ||
| Q2 25 | -2703.8% | 2.2% | ||
| Q1 25 | -608.9% | -6.3% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | -1898.4% | 4.8% | ||
| Q2 24 | -425.3% | 4.1% | ||
| Q1 24 | -136.0% | -1.0% |
每股收益（稀释后）BCYCPDFS
| Q4 25 | $-0.29 | $0.00 | ||
| Q3 25 | $-0.85 | $0.03 | ||
| Q2 25 | $-1.14 | $0.03 | ||
| Q1 25 | $-0.88 | $-0.08 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | $-0.74 | $0.06 | ||
| Q2 24 | $-0.77 | $0.04 | ||
| Q1 24 | $-0.62 | $-0.01 |
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 | $628.1M | $42.2M |
| 总债务越低越好 | — | $67.0M |
| 股东权益账面价值 | $610.0M | $271.0M |
| 总资产 | $717.6M | $418.7M |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资BCYCPDFS
| Q4 25 | $628.1M | $42.2M | ||
| Q3 25 | $648.3M | $35.9M | ||
| Q2 25 | $721.5M | $40.4M | ||
| Q1 25 | $793.0M | $54.1M | ||
| Q4 24 | $879.5M | $114.9M | ||
| Q3 24 | $890.9M | $120.2M | ||
| Q2 24 | $961.4M | $117.9M | ||
| Q1 24 | $457.0M | $122.9M |
总债务BCYCPDFS
| Q4 25 | — | $67.0M | ||
| Q3 25 | — | $67.6M | ||
| Q2 25 | — | $68.1M | ||
| Q1 25 | — | $68.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $30.9M | — | ||
| Q1 24 | $30.8M | — |
股东权益BCYCPDFS
| Q4 25 | $610.0M | $271.0M | ||
| Q3 25 | $618.5M | $264.4M | ||
| Q2 25 | $668.9M | $257.5M | ||
| Q1 25 | $740.3M | $249.0M | ||
| Q4 24 | $793.1M | $246.0M | ||
| Q3 24 | $831.0M | $240.5M | ||
| Q2 24 | $873.8M | $232.2M | ||
| Q1 24 | $356.0M | $225.4M |
总资产BCYCPDFS
| Q4 25 | $717.6M | $418.7M | ||
| Q3 25 | $764.0M | $406.4M | ||
| Q2 25 | $832.2M | $391.1M | ||
| Q1 25 | $883.9M | $390.0M | ||
| Q4 24 | $956.9M | $315.3M | ||
| Q3 24 | $996.7M | $307.4M | ||
| Q2 24 | $1.1B | $298.0M | ||
| Q1 24 | $547.1M | $286.8M |
负债/权益比BCYCPDFS
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.04× | — | ||
| Q1 24 | 0.09× | — |
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 | $-19.3M | $17.3M |
| 自由现金流经营现金流 - 资本支出 | $-19.9M | $7.5M |
| 自由现金流率自由现金流/营收 | -41.5% | 12.1% |
| 资本支出强度资本支出/营收 | 1.2% | 15.7% |
| 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 | $-252.0M | $-8.6M |
8季度趋势，按日历期对齐
经营现金流BCYCPDFS
| Q4 25 | $-19.3M | $17.3M | ||
| Q3 25 | $-71.2M | $3.3M | ||
| Q2 25 | $-72.8M | $-5.2M | ||
| Q1 25 | $-86.4M | $8.6M | ||
| Q4 24 | $-164.7M | $1.6M | ||
| Q3 24 | $-39.8M | $9.3M | ||
| Q2 24 | $-44.6M | $684.0K | ||
| Q1 24 | $-70.9M | $-1.9M |
自由现金流BCYCPDFS
| Q4 25 | $-19.9M | $7.5M | ||
| Q3 25 | $-71.8M | $-2.9M | ||
| Q2 25 | $-73.3M | $-13.8M | ||
| Q1 25 | $-87.0M | $535.0K | ||
| Q4 24 | $-166.0M | $-4.0M | ||
| Q3 24 | $-40.3M | $5.1M | ||
| Q2 24 | $-45.0M | $-4.6M | ||
| Q1 24 | $-70.9M | $-3.9M |
自由现金流率BCYCPDFS
| Q4 25 | -41.5% | 12.1% | ||
| Q3 25 | -612.3% | -5.1% | ||
| Q2 25 | -2509.7% | -26.6% | ||
| Q1 25 | -871.7% | 1.1% | ||
| Q4 24 | -4475.7% | -8.0% | ||
| Q3 24 | -1504.7% | 11.0% | ||
| Q2 24 | -481.2% | -11.1% | ||
| Q1 24 | -362.9% | -9.4% |
资本支出强度BCYCPDFS
| Q4 25 | 1.2% | 15.7% | ||
| Q3 25 | 5.7% | 10.8% | ||
| Q2 25 | 17.1% | 16.5% | ||
| Q1 25 | 6.1% | 17.0% | ||
| Q4 24 | 33.3% | 11.3% | ||
| Q3 24 | 16.3% | 9.0% | ||
| Q2 24 | 4.5% | 12.8% | ||
| Q1 24 | 0.1% | 4.9% |
现金转化率BCYCPDFS
| Q4 25 | — | — | ||
| Q3 25 | — | 2.54× | ||
| Q2 25 | — | -4.55× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.98× | ||
| Q3 24 | — | 4.20× | ||
| Q2 24 | — | 0.40× | ||
| 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
BCYC
暂无分部数据
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
