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PATHWARD FINANCIAL, INC.（CASH）与AMICUS THERAPEUTICS, INC.（FOLD）财务数据对比。点击上方公司名可切换其他公司
PATHWARD FINANCIAL, INC.的季度营收约是AMICUS THERAPEUTICS, INC.的1.5倍（$276.3M vs $185.2M），PATHWARD FINANCIAL, INC.净利率更高（26.4% vs 0.9%，领先25.5%），过去两年AMICUS THERAPEUTICS, INC.的营收复合增速更高（29.5% vs 21.0%）
Pathward Financial, Inc.是一家总部位于美国的银行及金融服务企业，其前身为Meta金融集团旗下相关业务主体，2022年母公司将“Meta”商标出售给Meta Platforms后，正式启用现有名称。
Amicus Therapeutics是总部位于美国宾夕法尼亚州费城的生物制药上市企业，2007年在纳斯达克挂牌上市，股票代码为FOLD。上市前，公司曾获得Radius Ventures、迦南合伙人、恩颐投资等多家风险投资机构的资金支持，专注于生物医药领域的研发与商业化布局。
CASH vs FOLD — 直观对比
营收规模更大
CASH
是对方的1.5倍
$185.2M
净利率更高
CASH
高出25.5%
0.9%
两年增速更快
FOLD
近两年复合增速
21.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $276.3M | $185.2M |
| 净利润 | $72.9M | $1.7M |
| 毛利率 | — | 85.7% |
| 营业利润率 | — | 8.6% |
| 净利率 | 26.4% | 0.9% |
| 营收同比 | — | 23.7% |
| 净利润同比 | — | -88.5% |
| 每股收益（稀释后） | $3.35 | $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CASHFOLD
| Q1 26 | $276.3M | — | ||
| Q4 25 | $173.1M | $185.2M | ||
| Q3 25 | $186.7M | $169.1M | ||
| Q2 25 | $195.8M | $154.7M | ||
| Q1 25 | $274.8M | $125.2M | ||
| Q4 24 | $182.6M | $149.7M | ||
| Q3 24 | $179.5M | $141.5M | ||
| Q2 24 | $188.6M | $126.7M |
净利润CASHFOLD
| Q1 26 | $72.9M | — | ||
| Q4 25 | $35.2M | $1.7M | ||
| Q3 25 | $38.8M | $17.3M | ||
| Q2 25 | $42.1M | $-24.4M | ||
| Q1 25 | $75.0M | $-21.7M | ||
| Q4 24 | $30.0M | $14.7M | ||
| Q3 24 | $33.5M | $-6.7M | ||
| Q2 24 | $44.9M | $-15.7M |
毛利率CASHFOLD
| Q1 26 | — | — | ||
| Q4 25 | — | 85.7% | ||
| Q3 25 | — | 88.5% | ||
| Q2 25 | — | 90.2% | ||
| Q1 25 | — | 90.7% | ||
| Q4 24 | — | 90.1% | ||
| Q3 24 | — | 90.6% | ||
| Q2 24 | — | 91.1% |
营业利润率CASHFOLD
| Q1 26 | — | — | ||
| Q4 25 | 24.6% | 8.6% | ||
| Q3 25 | 25.9% | 20.3% | ||
| Q2 25 | 24.1% | -6.1% | ||
| Q1 25 | 33.2% | -6.3% | ||
| Q4 24 | 19.8% | 10.7% | ||
| Q3 24 | 20.9% | 15.3% | ||
| Q2 24 | 27.1% | 11.8% |
净利率CASHFOLD
| Q1 26 | 26.4% | — | ||
| Q4 25 | 20.3% | 0.9% | ||
| Q3 25 | 20.8% | 10.2% | ||
| Q2 25 | 21.5% | -15.8% | ||
| Q1 25 | 27.3% | -17.3% | ||
| Q4 24 | 16.4% | 9.8% | ||
| Q3 24 | 18.7% | -4.8% | ||
| Q2 24 | 23.8% | -12.4% |
每股收益（稀释后）CASHFOLD
| Q1 26 | $3.35 | — | ||
| Q4 25 | $1.57 | $0.00 | ||
| Q3 25 | $1.69 | $0.06 | ||
| Q2 25 | $1.81 | $-0.08 | ||
| Q1 25 | $3.14 | $-0.07 | ||
| Q4 24 | $1.23 | $0.05 | ||
| Q3 24 | $1.34 | $-0.02 | ||
| Q2 24 | $1.78 | $-0.05 |
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 | $157.6M | $293.5M |
| 总债务越低越好 | $59.5M | $392.7M |
| 股东权益账面价值 | $850.7M | $274.2M |
| 总资产 | $7.1B | $949.9M |
| 负债/权益比越低杠杆越低 | 0.07× | 1.43× |
8季度趋势，按日历期对齐
现金及短期投资CASHFOLD
| Q1 26 | $157.6M | — | ||
| Q4 25 | $331.2M | $293.5M | ||
| Q3 25 | $120.6M | $263.8M | ||
| Q2 25 | $258.3M | $231.0M | ||
| Q1 25 | $254.2M | $250.6M | ||
| Q4 24 | $597.4M | $249.9M | ||
| Q3 24 | $158.3M | $249.8M | ||
| Q2 24 | $298.9M | $260.1M |
总债务CASHFOLD
| Q1 26 | $59.5M | — | ||
| Q4 25 | $33.5M | $392.7M | ||
| Q3 25 | $33.5M | $392.0M | ||
| Q2 25 | $33.4M | $391.3M | ||
| Q1 25 | $33.4M | $390.7M | ||
| Q4 24 | $33.4M | $390.1M | ||
| Q3 24 | $33.4M | $389.5M | ||
| Q2 24 | $33.3M | $388.9M |
股东权益CASHFOLD
| Q1 26 | $850.7M | — | ||
| Q4 25 | $854.5M | $274.2M | ||
| Q3 25 | $858.0M | $230.4M | ||
| Q2 25 | $819.0M | $204.3M | ||
| Q1 25 | $814.7M | $193.6M | ||
| Q4 24 | $758.3M | $194.0M | ||
| Q3 24 | $822.5M | $178.8M | ||
| Q2 24 | $748.4M | $132.5M |
总资产CASHFOLD
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.6B | $949.9M | ||
| Q3 25 | $7.2B | $868.8M | ||
| Q2 25 | $7.2B | $815.3M | ||
| Q1 25 | $7.0B | $789.8M | ||
| Q4 24 | $7.6B | $785.0M | ||
| Q3 24 | $7.5B | $786.6M | ||
| Q2 24 | $7.5B | $749.5M |
负债/权益比CASHFOLD
| Q1 26 | 0.07× | — | ||
| Q4 25 | 0.04× | 1.43× | ||
| Q3 25 | 0.04× | 1.70× | ||
| Q2 25 | 0.04× | 1.92× | ||
| Q1 25 | 0.04× | 2.02× | ||
| Q4 24 | 0.04× | 2.01× | ||
| Q3 24 | 0.04× | 2.18× | ||
| Q2 24 | 0.04× | 2.93× |
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 | — | $16.3M |
| 自由现金流经营现金流 - 资本支出 | — | $16.0M |
| 自由现金流率自由现金流/营收 | — | 8.6% |
| 资本支出强度资本支出/营收 | — | 0.2% |
| 现金转化率经营现金流/净利润 | — | 9.62× |
| 过去12个月自由现金流最近4个季度 | — | $29.8M |
8季度趋势，按日历期对齐
经营现金流CASHFOLD
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | $16.3M | ||
| Q3 25 | $303.7M | $35.7M | ||
| Q2 25 | $30.4M | $-26.5M | ||
| Q1 25 | $188.3M | $7.8M | ||
| Q4 24 | $-71.7M | $-3.9M | ||
| Q3 24 | $143.1M | $-23.0M | ||
| Q2 24 | $113.2M | $22.7M |
自由现金流CASHFOLD
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $16.0M | ||
| Q3 25 | $300.3M | $35.3M | ||
| Q2 25 | $27.7M | $-28.9M | ||
| Q1 25 | $184.7M | $7.5M | ||
| Q4 24 | $-73.8M | $-4.2M | ||
| Q3 24 | $138.8M | $-23.3M | ||
| Q2 24 | $111.0M | $21.6M |
自由现金流率CASHFOLD
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | 8.6% | ||
| Q3 25 | 160.9% | 20.9% | ||
| Q2 25 | 14.1% | -18.7% | ||
| Q1 25 | 67.2% | 6.0% | ||
| Q4 24 | -40.4% | -2.8% | ||
| Q3 24 | 77.3% | -16.5% | ||
| Q2 24 | 58.8% | 17.0% |
资本支出强度CASHFOLD
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 0.2% | ||
| Q3 25 | 1.8% | 0.2% | ||
| Q2 25 | 1.4% | 1.6% | ||
| Q1 25 | 1.3% | 0.2% | ||
| Q4 24 | 1.1% | 0.2% | ||
| Q3 24 | 2.4% | 0.3% | ||
| Q2 24 | 1.2% | 0.9% |
现金转化率CASHFOLD
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | 9.62× | ||
| Q3 25 | 7.83× | 2.06× | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 2.51× | — | ||
| Q4 24 | -2.39× | -0.27× | ||
| Q3 24 | 4.27× | — | ||
| Q2 24 | 2.52× | — |
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
CASH
| Noninterest Income | $151.2M | 55% |
| Net Interest Income | $125.1M | 45% |
FOLD
| Other | $105.8M | 57% |
| Galafold | $64.8M | 35% |
| Pombiliti Opfolda | $14.6M | 8% |
