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FTAI Infrastructure Inc.（FIP）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
AMICUS THERAPEUTICS, INC.的季度营收约是FTAI Infrastructure Inc.的1.3倍（$185.2M vs $143.5M），AMICUS THERAPEUTICS, INC.净利率更高（0.9% vs -68.1%，领先69.0%），FTAI Infrastructure Inc.同比增速更快（77.7% vs 23.7%），AMICUS THERAPEUTICS, INC.自由现金流更多（$16.0M vs $-68.6M），过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs 29.5%）
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
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。
FIP vs FOLD — 直观对比
营收规模更大
FOLD
是对方的1.3倍
$143.5M
营收增速更快
FIP
高出54.0%
23.7%
净利率更高
FOLD
高出69.0%
-68.1%
自由现金流更多
FOLD
多$84.6M
$-68.6M
两年增速更快
FIP
近两年复合增速
29.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $143.5M | $185.2M |
| 净利润 | $-97.7M | $1.7M |
| 毛利率 | — | 85.7% |
| 营业利润率 | -45.7% | 8.6% |
| 净利率 | -68.1% | 0.9% |
| 营收同比 | 77.7% | 23.7% |
| 净利润同比 | 21.6% | -88.5% |
| 每股收益（稀释后） | $-1.04 | $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FIPFOLD
| Q4 25 | $143.5M | $185.2M | ||
| Q3 25 | $140.6M | $169.1M | ||
| Q2 25 | $122.3M | $154.7M | ||
| Q1 25 | $96.2M | $125.2M | ||
| Q4 24 | $80.8M | $149.7M | ||
| Q3 24 | $83.3M | $141.5M | ||
| Q2 24 | $84.9M | $126.7M | ||
| Q1 24 | $82.5M | $110.4M |
净利润FIPFOLD
| Q4 25 | $-97.7M | $1.7M | ||
| Q3 25 | $-104.5M | $17.3M | ||
| Q2 25 | $-70.0M | $-24.4M | ||
| Q1 25 | $120.2M | $-21.7M | ||
| Q4 24 | $-124.7M | $14.7M | ||
| Q3 24 | $-43.0M | $-6.7M | ||
| Q2 24 | $-48.1M | $-15.7M | ||
| Q1 24 | $-50.3M | $-48.4M |
毛利率FIPFOLD
| 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% | ||
| Q1 24 | — | 87.7% |
营业利润率FIPFOLD
| Q4 25 | -45.7% | 8.6% | ||
| Q3 25 | -70.8% | 20.3% | ||
| Q2 25 | -56.4% | -6.1% | ||
| Q1 25 | 81.8% | -6.3% | ||
| Q4 24 | -152.7% | 10.7% | ||
| Q3 24 | -51.7% | 15.3% | ||
| Q2 24 | -56.4% | 11.8% | ||
| Q1 24 | -58.8% | -25.1% |
净利率FIPFOLD
| Q4 25 | -68.1% | 0.9% | ||
| Q3 25 | -74.4% | 10.2% | ||
| Q2 25 | -57.2% | -15.8% | ||
| Q1 25 | 125.0% | -17.3% | ||
| Q4 24 | -154.4% | 9.8% | ||
| Q3 24 | -51.6% | -4.8% | ||
| Q2 24 | -56.7% | -12.4% | ||
| Q1 24 | -60.9% | -43.9% |
每股收益（稀释后）FIPFOLD
| Q4 25 | $-1.04 | $0.00 | ||
| Q3 25 | $-1.38 | $0.06 | ||
| Q2 25 | $-0.73 | $-0.08 | ||
| Q1 25 | $0.89 | $-0.07 | ||
| Q4 24 | $-1.21 | $0.05 | ||
| Q3 24 | $-0.45 | $-0.02 | ||
| Q2 24 | $-0.52 | $-0.05 | ||
| Q1 24 | $-0.54 | $-0.16 |
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 | $57.4M | $293.5M |
| 总债务越低越好 | $3.8B | $392.7M |
| 股东权益账面价值 | $21.3M | $274.2M |
| 总资产 | $5.7B | $949.9M |
| 负债/权益比越低杠杆越低 | 176.99× | 1.43× |
8季度趋势，按日历期对齐
现金及短期投资FIPFOLD
| Q4 25 | $57.4M | $293.5M | ||
| Q3 25 | $34.7M | $263.8M | ||
| Q2 25 | $33.6M | $231.0M | ||
| Q1 25 | $26.3M | $250.6M | ||
| Q4 24 | $27.8M | $249.9M | ||
| Q3 24 | $20.3M | $249.8M | ||
| Q2 24 | $33.1M | $260.1M | ||
| Q1 24 | $23.0M | $239.6M |
总债务FIPFOLD
| Q4 25 | $3.8B | $392.7M | ||
| Q3 25 | $3.7B | $392.0M | ||
| Q2 25 | $3.1B | $391.3M | ||
| Q1 25 | $2.8B | $390.7M | ||
| Q4 24 | $1.6B | $390.1M | ||
| Q3 24 | $1.5B | $389.5M | ||
| Q2 24 | $1.6B | $388.9M | ||
| Q1 24 | $1.3B | $388.4M |
股东权益FIPFOLD
| Q4 25 | $21.3M | $274.2M | ||
| Q3 25 | $181.1M | $230.4M | ||
| Q2 25 | $375.5M | $204.3M | ||
| Q1 25 | $476.2M | $193.6M | ||
| Q4 24 | $202.7M | $194.0M | ||
| Q3 24 | $370.8M | $178.8M | ||
| Q2 24 | $394.8M | $132.5M | ||
| Q1 24 | $402.5M | $130.7M |
总资产FIPFOLD
| Q4 25 | $5.7B | $949.9M | ||
| Q3 25 | $5.5B | $868.8M | ||
| Q2 25 | $4.4B | $815.3M | ||
| Q1 25 | $4.1B | $789.8M | ||
| Q4 24 | $2.4B | $785.0M | ||
| Q3 24 | $2.4B | $786.6M | ||
| Q2 24 | $2.5B | $749.5M | ||
| Q1 24 | $2.3B | $721.8M |
负债/权益比FIPFOLD
| Q4 25 | 176.99× | 1.43× | ||
| Q3 25 | 20.59× | 1.70× | ||
| Q2 25 | 8.21× | 1.92× | ||
| Q1 25 | 5.79× | 2.02× | ||
| Q4 24 | 7.84× | 2.01× | ||
| Q3 24 | 4.14× | 2.18× | ||
| Q2 24 | 3.94× | 2.93× | ||
| Q1 24 | 3.34× | 2.97× |
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 | $-2.8M | $16.3M |
| 自由现金流经营现金流 - 资本支出 | $-68.6M | $16.0M |
| 自由现金流率自由现金流/营收 | -47.8% | 8.6% |
| 资本支出强度资本支出/营收 | 45.9% | 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 | $-398.5M | $29.8M |
8季度趋势，按日历期对齐
经营现金流FIPFOLD
| Q4 25 | $-2.8M | $16.3M | ||
| Q3 25 | $-24.4M | $35.7M | ||
| Q2 25 | $-5.2M | $-26.5M | ||
| Q1 25 | $-85.7M | $7.8M | ||
| Q4 24 | $-8.1M | $-3.9M | ||
| Q3 24 | $14.2M | $-23.0M | ||
| Q2 24 | $-17.6M | $22.7M | ||
| Q1 24 | $-3.9M | $-29.7M |
自由现金流FIPFOLD
| Q4 25 | $-68.6M | $16.0M | ||
| Q3 25 | $-90.7M | $35.3M | ||
| Q2 25 | $-87.5M | $-28.9M | ||
| Q1 25 | $-151.7M | $7.5M | ||
| Q4 24 | $-34.3M | $-4.2M | ||
| Q3 24 | $-11.7M | $-23.3M | ||
| Q2 24 | $-32.1M | $21.6M | ||
| Q1 24 | $-16.7M | $-31.5M |
自由现金流率FIPFOLD
| Q4 25 | -47.8% | 8.6% | ||
| Q3 25 | -64.5% | 20.9% | ||
| Q2 25 | -71.6% | -18.7% | ||
| Q1 25 | -157.7% | 6.0% | ||
| Q4 24 | -42.4% | -2.8% | ||
| Q3 24 | -14.0% | -16.5% | ||
| Q2 24 | -37.9% | 17.0% | ||
| Q1 24 | -20.3% | -28.5% |
资本支出强度FIPFOLD
| Q4 25 | 45.9% | 0.2% | ||
| Q3 25 | 47.2% | 0.2% | ||
| Q2 25 | 67.3% | 1.6% | ||
| Q1 25 | 68.6% | 0.2% | ||
| Q4 24 | 32.5% | 0.2% | ||
| Q3 24 | 31.1% | 0.3% | ||
| Q2 24 | 17.2% | 0.9% | ||
| Q1 24 | 15.6% | 1.6% |
现金转化率FIPFOLD
| Q4 25 | — | 9.62× | ||
| Q3 25 | — | 2.06× | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.71× | — | ||
| Q4 24 | — | -0.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
FOLD
| Other | $105.8M | 57% |
| Galafold | $64.8M | 35% |
| Pombiliti Opfolda | $14.6M | 8% |
