vs
因塞特（INCY）与帕森斯公司（PSN）财务数据对比。点击上方公司名可切换其他公司
帕森斯公司的季度营收约是因塞特的1.3倍（$1.6B vs $1.3B），因塞特净利率更高（23.8% vs 3.5%，领先20.4%），因塞特同比增速更快（19.8% vs -7.5%），过去两年因塞特的营收复合增速更高（10.4% vs 2.2%）
因塞特是总部位于美国特拉华州威尔明顿的跨国制药企业，目前在北美、欧洲及亚洲多地设有生产基地与研发中心，专注于创新药物的研发、生产及商业化，为全球患者提供优质的治疗选择。
帕森斯公司是一家总部位于美国弗吉尼亚州尚蒂利的跨国企业，1944年成立，核心业务覆盖国防、情报、基础设施工程领域，深耕技术研发，在全球30多个国家为政府及私营部门客户提供专业解决方案。
INCY vs PSN — 直观对比
营收规模更大
PSN
是对方的1.3倍
$1.3B
营收增速更快
INCY
高出27.3%
-7.5%
净利率更高
INCY
高出20.4%
3.5%
两年增速更快
INCY
近两年复合增速
2.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.6B |
| 净利润 | $303.3M | $55.6M |
| 毛利率 | — | 23.0% |
| 营业利润率 | 23.7% | 6.6% |
| 净利率 | 23.8% | 3.5% |
| 营收同比 | 19.8% | -7.5% |
| 净利润同比 | 91.7% | -72.4% |
| 每股收益（稀释后） | $1.47 | $0.51 |
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INCYPSN
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | $1.6B | ||
| Q3 25 | $1.4B | $1.6B | ||
| Q2 25 | $1.2B | $1.6B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $1.0B | $1.7B |
净利润INCYPSN
| Q1 26 | $303.3M | — | ||
| Q4 25 | $299.3M | $55.6M | ||
| Q3 25 | $424.2M | $64.1M | ||
| Q2 25 | $405.0M | $55.2M | ||
| Q1 25 | $158.2M | $66.2M | ||
| Q4 24 | $201.2M | $201.3M | ||
| Q3 24 | $106.5M | $72.0M | ||
| Q2 24 | $-444.6M | $69.2M |
毛利率INCYPSN
| Q1 26 | — | — | ||
| Q4 25 | 92.0% | 23.0% | ||
| Q3 25 | 92.8% | 22.2% | ||
| Q2 25 | 93.5% | 22.0% | ||
| Q1 25 | 93.0% | 22.8% | ||
| Q4 24 | 92.5% | 21.3% | ||
| Q3 24 | 92.4% | 19.9% | ||
| Q2 24 | 92.7% | 21.0% |
营业利润率INCYPSN
| Q1 26 | 23.7% | — | ||
| Q4 25 | 22.3% | 6.6% | ||
| Q3 25 | 32.5% | 6.7% | ||
| Q2 25 | 43.6% | 6.0% | ||
| Q1 25 | 19.5% | 7.0% | ||
| Q4 24 | 25.6% | 5.8% | ||
| Q3 24 | 12.8% | 6.4% | ||
| Q2 24 | -45.8% | 6.7% |
净利率INCYPSN
| Q1 26 | 23.8% | — | ||
| Q4 25 | 19.9% | 3.5% | ||
| Q3 25 | 31.1% | 4.0% | ||
| Q2 25 | 33.3% | 3.5% | ||
| Q1 25 | 15.0% | 4.3% | ||
| Q4 24 | 17.1% | 11.6% | ||
| Q3 24 | 9.4% | 4.0% | ||
| Q2 24 | -42.6% | 4.1% |
每股收益（稀释后）INCYPSN
| Q1 26 | $1.47 | — | ||
| Q4 25 | $1.46 | $0.51 | ||
| Q3 25 | $2.11 | $0.59 | ||
| Q2 25 | $2.04 | $0.50 | ||
| Q1 25 | $0.80 | $0.60 | ||
| Q4 24 | $0.90 | $1.85 | ||
| Q3 24 | $0.54 | $0.65 | ||
| Q2 24 | $-2.04 | $0.63 |
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 | — | $466.4M |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $5.6B | $2.6B |
| 总资产 | $7.3B | $5.8B |
| 负债/权益比越低杠杆越低 | — | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资INCYPSN
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $466.4M | ||
| Q3 25 | $2.5B | $422.6M | ||
| Q2 25 | $2.0B | $411.3M | ||
| Q1 25 | $1.9B | $269.7M | ||
| Q4 24 | $1.7B | $453.5M | ||
| Q3 24 | $1.3B | $558.8M | ||
| Q2 24 | $987.3M | $528.5M |
总债务INCYPSN
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $785.2M | ||
| Q4 24 | — | $784.1M | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.2B |
股东权益INCYPSN
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.2B | $2.6B | ||
| Q3 25 | $4.7B | $2.6B | ||
| Q2 25 | $4.2B | $2.5B | ||
| Q1 25 | $3.7B | $2.5B | ||
| Q4 24 | $3.4B | $2.4B | ||
| Q3 24 | $3.2B | $2.3B | ||
| Q2 24 | $3.0B | $2.2B |
总资产INCYPSN
| Q1 26 | $7.3B | — | ||
| Q4 25 | $7.0B | $5.8B | ||
| Q3 25 | $6.3B | $5.7B | ||
| Q2 25 | $5.8B | $5.7B | ||
| Q1 25 | $5.7B | $5.4B | ||
| Q4 24 | $5.4B | $5.5B | ||
| Q3 24 | $5.0B | $5.4B | ||
| Q2 24 | $4.7B | $5.2B |
负债/权益比INCYPSN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.49× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.49× | ||
| Q2 24 | — | 0.56× |
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 | — | $167.5M |
| 自由现金流经营现金流 - 资本支出 | — | $135.6M |
| 自由现金流率自由现金流/营收 | — | 8.5% |
| 资本支出强度资本支出/营收 | — | 2.0% |
| 现金转化率经营现金流/净利润 | — | 3.01× |
| 过去12个月自由现金流最近4个季度 | — | $410.4M |
8季度趋势，按日历期对齐
经营现金流INCYPSN
| Q1 26 | — | — | ||
| Q4 25 | $543.3M | $167.5M | ||
| Q3 25 | $559.4M | $162.8M | ||
| Q2 25 | $44.7M | $159.8M | ||
| Q1 25 | $266.1M | $-11.8M | ||
| Q4 24 | $381.2M | $126.8M | ||
| Q3 24 | $310.9M | $299.0M | ||
| Q2 24 | $-575.6M | $161.2M |
自由现金流INCYPSN
| Q1 26 | — | — | ||
| Q4 25 | — | $135.6M | ||
| Q3 25 | — | $149.7M | ||
| Q2 25 | — | $150.4M | ||
| Q1 25 | — | $-25.3M | ||
| Q4 24 | — | $108.0M | ||
| Q3 24 | — | $287.3M | ||
| Q2 24 | — | $152.0M |
自由现金流率INCYPSN
| Q1 26 | — | — | ||
| Q4 25 | — | 8.5% | ||
| Q3 25 | — | 9.2% | ||
| Q2 25 | — | 9.5% | ||
| Q1 25 | — | -1.6% | ||
| Q4 24 | — | 6.2% | ||
| Q3 24 | — | 15.9% | ||
| Q2 24 | — | 9.1% |
资本支出强度INCYPSN
| Q1 26 | — | — | ||
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.6% |
现金转化率INCYPSN
| Q1 26 | — | — | ||
| Q4 25 | 1.82× | 3.01× | ||
| Q3 25 | 1.32× | 2.54× | ||
| Q2 25 | 0.11× | 2.89× | ||
| Q1 25 | 1.68× | -0.18× | ||
| Q4 24 | 1.89× | 0.63× | ||
| Q3 24 | 2.92× | 4.16× | ||
| Q2 24 | — | 2.33× |
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
INCY
暂无分部数据
PSN
| Unconsolidated Joint Ventures | $582.1M | 36% |
| Defense And Intelligence | $502.8M | 31% |
| Engineered Systems | $281.4M | 18% |
| Consolidated Joint Ventures | $216.7M | 14% |
| TRS Group Inc | $9.4M | 1% |
