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AMICUS THERAPEUTICS, INC.（FOLD）与沃夫斯沛（WOLF）财务数据对比。点击上方公司名可切换其他公司
AMICUS THERAPEUTICS, INC.的季度营收约是沃夫斯沛的1.1倍（$185.2M vs $168.5M），AMICUS THERAPEUTICS, INC.净利率更高（0.9% vs -89.4%，领先90.3%），AMICUS THERAPEUTICS, INC.同比增速更快（23.7% vs -6.6%），AMICUS THERAPEUTICS, INC.自由现金流更多（$16.0M vs $-72.6M），过去两年AMICUS THERAPEUTICS, INC.的营收复合增速更高（29.5% vs -8.4%）
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。
Wolfspeed, Inc.（原Cree, Inc.）是一家美国宽禁带半导体研发制造商，核心业务聚焦碳化硅材料与功率器件，产品主要应用于交通、电源、功率逆变器以及无线系统等领域，是碳化硅功率半导体领域的领先企业。
FOLD vs WOLF — 直观对比
营收规模更大
FOLD
是对方的1.1倍
$168.5M
营收增速更快
FOLD
高出30.4%
-6.6%
净利率更高
FOLD
高出90.3%
-89.4%
自由现金流更多
FOLD
多$88.6M
$-72.6M
两年增速更快
FOLD
近两年复合增速
-8.4%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $185.2M | $168.5M |
| 净利润 | $1.7M | $-150.6M |
| 毛利率 | 85.7% | -46.5% |
| 营业利润率 | 8.6% | -94.0% |
| 净利率 | 0.9% | -89.4% |
| 营收同比 | 23.7% | -6.6% |
| 净利润同比 | -88.5% | 59.5% |
| 每股收益（稀释后） | $0.00 | $-5.78 |
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FOLDWOLF
| Q4 25 | $185.2M | $168.5M | ||
| Q3 25 | $169.1M | $196.8M | ||
| Q2 25 | $154.7M | $197.0M | ||
| Q1 25 | $125.2M | $185.4M | ||
| Q4 24 | $149.7M | $180.5M | ||
| Q3 24 | $141.5M | $194.7M | ||
| Q2 24 | $126.7M | $200.7M | ||
| Q1 24 | $110.4M | $200.7M |
净利润FOLDWOLF
| Q4 25 | $1.7M | $-150.6M | ||
| Q3 25 | $17.3M | $-643.6M | ||
| Q2 25 | $-24.4M | $-669.3M | ||
| Q1 25 | $-21.7M | $-285.5M | ||
| Q4 24 | $14.7M | $-372.2M | ||
| Q3 24 | $-6.7M | $-282.2M | ||
| Q2 24 | $-15.7M | $-174.9M | ||
| Q1 24 | $-48.4M | $-148.9M |
毛利率FOLDWOLF
| Q4 25 | 85.7% | -46.5% | ||
| Q3 25 | 88.5% | -39.2% | ||
| Q2 25 | 90.2% | -13.0% | ||
| Q1 25 | 90.7% | -12.1% | ||
| Q4 24 | 90.1% | -20.6% | ||
| Q3 24 | 90.6% | -18.6% | ||
| Q2 24 | 91.1% | 1.2% | ||
| Q1 24 | 87.7% | 11.2% |
营业利润率FOLDWOLF
| Q4 25 | 8.6% | -94.0% | ||
| Q3 25 | 20.3% | -82.0% | ||
| Q2 25 | -6.1% | -295.2% | ||
| Q1 25 | -6.3% | -104.9% | ||
| Q4 24 | 10.7% | -178.9% | ||
| Q3 24 | 15.3% | -118.2% | ||
| Q2 24 | 11.8% | -72.7% | ||
| Q1 24 | -25.1% | -53.0% |
净利率FOLDWOLF
| Q4 25 | 0.9% | -89.4% | ||
| Q3 25 | 10.2% | -327.0% | ||
| Q2 25 | -15.8% | -339.7% | ||
| Q1 25 | -17.3% | -154.0% | ||
| Q4 24 | 9.8% | -206.2% | ||
| Q3 24 | -4.8% | -144.9% | ||
| Q2 24 | -12.4% | -87.1% | ||
| Q1 24 | -43.9% | -74.2% |
每股收益（稀释后）FOLDWOLF
| Q4 25 | $0.00 | $-5.78 | ||
| Q3 25 | $0.06 | $-4.12 | ||
| Q2 25 | $-0.08 | $-4.42 | ||
| Q1 25 | $-0.07 | $-1.86 | ||
| Q4 24 | $0.05 | $-2.88 | ||
| Q3 24 | $-0.02 | $-2.23 | ||
| Q2 24 | $-0.05 | $-1.39 | ||
| Q1 24 | $-0.16 | $-1.18 |
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 | $293.5M | $1.3B |
| 总债务越低越好 | $392.7M | $2.0B |
| 股东权益账面价值 | $274.2M | $627.4M |
| 总资产 | $949.9M | $3.4B |
| 负债/权益比越低杠杆越低 | 1.43× | 3.13× |
8季度趋势，按日历期对齐
现金及短期投资FOLDWOLF
| Q4 25 | $293.5M | $1.3B | ||
| Q3 25 | $263.8M | $926.0M | ||
| Q2 25 | $231.0M | $955.4M | ||
| Q1 25 | $250.6M | $1.3B | ||
| Q4 24 | $249.9M | $1.4B | ||
| Q3 24 | $249.8M | $1.7B | ||
| Q2 24 | $260.1M | $2.2B | ||
| Q1 24 | $239.6M | $2.6B |
总债务FOLDWOLF
| Q4 25 | $392.7M | $2.0B | ||
| Q3 25 | $392.0M | $0 | ||
| Q2 25 | $391.3M | $6.5B | ||
| Q1 25 | $390.7M | $6.5B | ||
| Q4 24 | $390.1M | $6.4B | ||
| Q3 24 | $389.5M | $6.2B | ||
| Q2 24 | $388.9M | $6.2B | ||
| Q1 24 | $388.4M | — |
股东权益FOLDWOLF
| Q4 25 | $274.2M | $627.4M | ||
| Q3 25 | $230.4M | $-1.1B | ||
| Q2 25 | $204.3M | $-447.1M | ||
| Q1 25 | $193.6M | $212.7M | ||
| Q4 24 | $194.0M | $372.6M | ||
| Q3 24 | $178.8M | $628.9M | ||
| Q2 24 | $132.5M | $882.1M | ||
| Q1 24 | $130.7M | $1.0B |
总资产FOLDWOLF
| Q4 25 | $949.9M | $3.4B | ||
| Q3 25 | $868.8M | $6.6B | ||
| Q2 25 | $815.3M | $6.9B | ||
| Q1 25 | $789.8M | $7.6B | ||
| Q4 24 | $785.0M | $7.7B | ||
| Q3 24 | $786.6M | $7.9B | ||
| Q2 24 | $749.5M | $8.0B | ||
| Q1 24 | $721.8M | $7.7B |
负债/权益比FOLDWOLF
| Q4 25 | 1.43× | 3.13× | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.92× | — | ||
| Q1 25 | 2.02× | 30.61× | ||
| Q4 24 | 2.01× | 17.24× | ||
| Q3 24 | 2.18× | 9.81× | ||
| Q2 24 | 2.93× | 6.98× | ||
| Q1 24 | 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 | $16.3M | $-42.6M |
| 自由现金流经营现金流 - 资本支出 | $16.0M | $-72.6M |
| 自由现金流率自由现金流/营收 | 8.6% | -43.1% |
| 资本支出强度资本支出/营收 | 0.2% | 17.8% |
| 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 | $-988.1M |
8季度趋势，按日历期对齐
经营现金流FOLDWOLF
| Q4 25 | $16.3M | $-42.6M | ||
| Q3 25 | $35.7M | $5.7M | ||
| Q2 25 | $-26.5M | $-242.5M | ||
| Q1 25 | $7.8M | $-142.1M | ||
| Q4 24 | $-3.9M | $-195.1M | ||
| Q3 24 | $-23.0M | $-132.0M | ||
| Q2 24 | $22.7M | $-239.5M | ||
| Q1 24 | $-29.7M | $-136.2M |
自由现金流FOLDWOLF
| Q4 25 | $16.0M | $-72.6M | ||
| Q3 25 | $35.3M | $-98.3M | ||
| Q2 25 | $-28.9M | $-454.4M | ||
| Q1 25 | $7.5M | $-362.8M | ||
| Q4 24 | $-4.2M | $-596.9M | ||
| Q3 24 | $-23.3M | $-569.0M | ||
| Q2 24 | $21.6M | $-883.8M | ||
| Q1 24 | $-31.5M | $-713.7M |
自由现金流率FOLDWOLF
| Q4 25 | 8.6% | -43.1% | ||
| Q3 25 | 20.9% | -49.9% | ||
| Q2 25 | -18.7% | -230.7% | ||
| Q1 25 | 6.0% | -195.7% | ||
| Q4 24 | -2.8% | -330.7% | ||
| Q3 24 | -16.5% | -292.2% | ||
| Q2 24 | 17.0% | -440.4% | ||
| Q1 24 | -28.5% | -355.6% |
资本支出强度FOLDWOLF
| Q4 25 | 0.2% | 17.8% | ||
| Q3 25 | 0.2% | 52.8% | ||
| Q2 25 | 1.6% | 107.6% | ||
| Q1 25 | 0.2% | 119.0% | ||
| Q4 24 | 0.2% | 222.6% | ||
| Q3 24 | 0.3% | 224.4% | ||
| Q2 24 | 0.9% | 321.0% | ||
| Q1 24 | 1.6% | 287.7% |
现金转化率FOLDWOLF
| Q4 25 | 9.62× | — | ||
| Q3 25 | 2.06× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| 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
FOLD
| Other | $105.8M | 57% |
| Galafold | $64.8M | 35% |
| Pombiliti Opfolda | $14.6M | 8% |
WOLF
| Power Products | $118.3M | 70% |
| Materials Products | $50.2M | 30% |
