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INSMED Inc（INSM）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
INSMED Inc的季度营收约是GIBRALTAR INDUSTRIES, INC.的1.2倍（$263.8M vs $225.0M），INSMED Inc同比增速更快（152.6% vs 24.9%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $-264.2M），过去两年INSMED Inc的营收复合增速更高（86.9% vs -12.3%）
Insmed Inc.是一家全球性生物制药公司，专注于为存在高度未满足医疗需求的严重罕见病患者开发、商业化创新疗法，核心布局肺部、内分泌类罕见病治疗赛道，服务覆盖北美、欧洲及亚太地区的患者群体。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
INSM vs ROCK — 直观对比
营收规模更大
INSM
是对方的1.2倍
$225.0M
营收增速更快
INSM
高出127.7%
24.9%
自由现金流更多
ROCK
多$290.4M
$-264.2M
两年增速更快
INSM
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $263.8M | $225.0M |
| 净利润 | $-328.5M | — |
| 毛利率 | 83.2% | 25.3% |
| 营业利润率 | -121.2% | 7.9% |
| 净利率 | -124.5% | — |
| 营收同比 | 152.6% | 24.9% |
| 净利润同比 | -39.5% | — |
| 每股收益（稀释后） | $-1.55 | — |
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INSMROCK
| Q4 25 | $263.8M | $225.0M | ||
| Q3 25 | $142.3M | $310.9M | ||
| Q2 25 | $107.4M | $309.5M | ||
| Q1 25 | $92.8M | $290.0M | ||
| Q4 24 | $104.4M | $180.1M | ||
| Q3 24 | $93.4M | $277.1M | ||
| Q2 24 | $90.3M | $273.6M | ||
| Q1 24 | $75.5M | $292.5M |
净利润INSMROCK
| Q4 25 | $-328.5M | — | ||
| Q3 25 | $-370.0M | $-89.1M | ||
| Q2 25 | $-321.7M | $26.0M | ||
| Q1 25 | $-256.6M | $21.1M | ||
| Q4 24 | $-235.5M | — | ||
| Q3 24 | $-220.5M | $34.0M | ||
| Q2 24 | $-300.6M | $32.2M | ||
| Q1 24 | $-157.1M | $24.9M |
毛利率INSMROCK
| Q4 25 | 83.2% | 25.3% | ||
| Q3 25 | 79.4% | 26.6% | ||
| Q2 25 | 73.9% | 28.4% | ||
| Q1 25 | 77.1% | 26.8% | ||
| Q4 24 | 75.0% | 29.0% | ||
| Q3 24 | 77.3% | 29.4% | ||
| Q2 24 | 76.8% | 30.5% | ||
| Q1 24 | 76.9% | 28.9% |
营业利润率INSMROCK
| Q4 25 | -121.2% | 7.9% | ||
| Q3 25 | -257.1% | 12.8% | ||
| Q2 25 | -291.3% | 12.8% | ||
| Q1 25 | -267.3% | 8.8% | ||
| Q4 24 | -220.6% | 13.3% | ||
| Q3 24 | -228.4% | 15.6% | ||
| Q2 24 | -319.8% | 14.9% | ||
| Q1 24 | -192.7% | 10.8% |
净利率INSMROCK
| Q4 25 | -124.5% | — | ||
| Q3 25 | -260.0% | -28.6% | ||
| Q2 25 | -299.5% | 8.4% | ||
| Q1 25 | -276.4% | 7.3% | ||
| Q4 24 | -225.5% | — | ||
| Q3 24 | -236.0% | 12.3% | ||
| Q2 24 | -332.8% | 11.8% | ||
| Q1 24 | -208.1% | 8.5% |
每股收益（稀释后）INSMROCK
| Q4 25 | $-1.55 | — | ||
| Q3 25 | $-1.75 | $-2.98 | ||
| Q2 25 | $-1.70 | $0.87 | ||
| Q1 25 | $-1.42 | — | ||
| Q4 24 | $-1.30 | — | ||
| Q3 24 | $-1.27 | $1.11 | ||
| Q2 24 | $-1.94 | $1.05 | ||
| Q1 24 | $-1.06 | — |
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 | $1.4B | $115.7M |
| 总债务越低越好 | $546.8M | $0 |
| 股东权益账面价值 | $739.0M | $950.4M |
| 总资产 | $2.3B | $1.4B |
| 负债/权益比越低杠杆越低 | 0.74× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资INSMROCK
| Q4 25 | $1.4B | $115.7M | ||
| Q3 25 | $1.7B | $89.4M | ||
| Q2 25 | $1.9B | $43.3M | ||
| Q1 25 | $1.2B | $25.1M | ||
| Q4 24 | $1.4B | $269.5M | ||
| Q3 24 | $1.5B | $228.9M | ||
| Q2 24 | $1.2B | $179.1M | ||
| Q1 24 | $595.7M | $146.7M |
总债务INSMROCK
| Q4 25 | $546.8M | $0 | ||
| Q3 25 | $546.8M | $0 | ||
| Q2 25 | $546.8M | $0 | ||
| Q1 25 | $1.1B | $0 | ||
| Q4 24 | $1.1B | $0 | ||
| Q3 24 | $971.8M | $0 | ||
| Q2 24 | $1.2B | $0 | ||
| Q1 24 | $1.2B | $0 |
股东权益INSMROCK
| Q4 25 | $739.0M | $950.4M | ||
| Q3 25 | $945.6M | $951.8M | ||
| Q2 25 | $1.2B | $1.0B | ||
| Q1 25 | $99.2M | $1.0B | ||
| Q4 24 | $285.4M | $1.0B | ||
| Q3 24 | $483.4M | $1.0B | ||
| Q2 24 | $38.8M | $975.7M | ||
| Q1 24 | $-464.8M | $940.2M |
总资产INSMROCK
| Q4 25 | $2.3B | $1.4B | ||
| Q3 25 | $2.4B | $1.4B | ||
| Q2 25 | $2.5B | $1.5B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $2.0B | $1.4B | ||
| Q3 24 | $2.1B | $1.4B | ||
| Q2 24 | $1.8B | $1.4B | ||
| Q1 24 | $1.2B | $1.3B |
负债/权益比INSMROCK
| Q4 25 | 0.74× | 0.00× | ||
| Q3 25 | 0.58× | 0.00× | ||
| Q2 25 | 0.44× | 0.00× | ||
| Q1 25 | 11.31× | 0.00× | ||
| Q4 24 | 3.93× | 0.00× | ||
| Q3 24 | 2.01× | 0.00× | ||
| Q2 24 | 30.66× | 0.00× | ||
| Q1 24 | — | 0.00× |
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 | $-247.6M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $-264.2M | $26.2M |
| 自由现金流率自由现金流/营收 | -100.1% | 11.7% |
| 资本支出强度资本支出/营收 | 6.3% | 4.1% |
| 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 | $-967.6M | $120.6M |
8季度趋势，按日历期对齐
经营现金流INSMROCK
| Q4 25 | $-247.6M | $35.5M | ||
| Q3 25 | $-219.8M | $73.0M | ||
| Q2 25 | $-205.6M | $44.9M | ||
| Q1 25 | $-262.1M | $13.7M | ||
| Q4 24 | $-196.0M | $19.9M | ||
| Q3 24 | $-180.9M | $64.7M | ||
| Q2 24 | $-123.0M | $36.5M | ||
| Q1 24 | $-184.0M | $53.2M |
自由现金流INSMROCK
| Q4 25 | $-264.2M | $26.2M | ||
| Q3 25 | $-222.2M | $64.8M | ||
| Q2 25 | $-209.1M | $27.3M | ||
| Q1 25 | $-272.2M | $2.3M | ||
| Q4 24 | $-202.8M | $14.1M | ||
| Q3 24 | $-184.6M | $60.5M | ||
| Q2 24 | $-129.7M | $33.5M | ||
| Q1 24 | $-188.7M | $48.8M |
自由现金流率INSMROCK
| Q4 25 | -100.1% | 11.7% | ||
| Q3 25 | -156.1% | 20.8% | ||
| Q2 25 | -194.6% | 8.8% | ||
| Q1 25 | -293.2% | 0.8% | ||
| Q4 24 | -194.1% | 7.8% | ||
| Q3 24 | -197.6% | 21.8% | ||
| Q2 24 | -143.6% | 12.2% | ||
| Q1 24 | -250.0% | 16.7% |
资本支出强度INSMROCK
| Q4 25 | 6.3% | 4.1% | ||
| Q3 25 | 1.7% | 2.6% | ||
| Q2 25 | 3.2% | 5.7% | ||
| Q1 25 | 10.8% | 3.9% | ||
| Q4 24 | 6.5% | 3.3% | ||
| Q3 24 | 3.9% | 1.5% | ||
| Q2 24 | 7.5% | 1.1% | ||
| Q1 24 | 6.2% | 1.5% |
现金转化率INSMROCK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 2.13× |
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
INSM
暂无分部数据
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
